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Category Archives: Bitcoin (BTC)
The latest Bitcoin news
On this page, you can find out about the latest Bitcoin news and check market trends and quotes
According to data provided by Barchart, the correlation between Bitcoin (BTC) and the 10-year Treasury yield has plunged to one of its most negative readings in 14 years. Earlier this week, the correlation dropped to minus 53. A Treasury yield is how much investors can earn when they purchase U.S. government obligations. Bond strategists expect […]
In the ongoing debate of Bitcoin versus gold as a superior store of value, Jurrien Timmer, Director of Global Macro at Fidelity, has provided an analysis that sheds new light on this hot topic. According to Timmer, both assets are often viewed as hedges against fiscal dominance, where the government dilutes the value of money by increasing […]
The crypto market has been abuzz with speculation about the stagnant price of Bitcoin, which some have attributed to hedge funds taking record short positions on cryptocurrency via CME futures. However, a deeper analysis reveals a more complex strategy at play. Thus, it appears that hedge funds are engaging in market-neutral strategies, such as carry trades […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Gold bug Peter Schiff recently took aim at Bitcoin evangelist Michael Saylor over his recent announcement of a $500 million bond sale that is meant to boost Bitcoin. Schiff predicted that the price of the flagship cryptocurrency could crash if Saylor were to stop propping it up with massive leveraged buying. “Not again. I wonder how much […]
Jurrien Timmer, director of global macro at Fidelity Investments, claims that he views Bitcoin, the leading cryptocurrency by market capitalization, as “exponential gold.” “In my view, bitcoin is exponential gold and an aspiring player on the store of value team,” he said. The reason behind Bitcoin’s underperformance In his social media posts, Timmer has also touched […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
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Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]