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Bitcoin and Gold Short-Lived Correlation Not a Sign of Comparability

Source Node: https://cointelegraph.com/news/bitcoin-and-gold-short-lived-correlation-not-a-sign-of-comparability
Time Stamp: August 18, 2020 10:30 AM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) and gold one-month correlation reached a record high of 68% as Bitcoin hit $12,000 early in August, but the correlation crashed by 20% the following week. Despite this, Bitcoin looks set to become digital gold in 2020 considering the price correlations and trends in the futures market.Both gold and Bitcoin are having a phenomenal year in terms of year-to-date returns. According to Skew Analytics, gold has a 27.93% YTD return, while Bitcoin has racked up a 71.68% YTD yield. Although Bitcoin sees much higher volatility than gold,

9 Best Crypto Slots of 2020

Source Node: https://bitcoinchaser.com/best-crypto-slots/
Time Stamp: August 3, 2020 8:04 AM - Modified On: May 21, 2021 - Published By:
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Looking for some new and exciting crypto slots to try out? We’ve scoured the online casinos to find you not only the most entertaining, but the best designed and most enticing crypto slots to keep you spinning and winning for hours on end. Enjoy making your way through this list and trying out some new crypto slots you might not have heard about before. Get ready, here are the best crypto slots (in no particular order).9. At The CopaLooking to let your hair down and boogie the night away? At

Bitcoin Doesn’t Care as US Debt Reaches an Unfathomable $24 Trillion

Source Node: https://cointelegraph.com/news/bitcoin-doesnt-care-as-us-debt-reaches-an-unfathomable-24-trillion
Time Stamp: April 9, 2020 4:39 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The national debt of the United States has crossed $24 trillion for the first time in history as Donald Trump’s presidency adds $4 trillion in four years.According to figures from online monitoring resource Trading Economics, the tally now stands at $24.018 trillion as of April 9. The amount is equal to $72,888 for each U.S. citizen, or $193,805 per taxpayer.U.S. massive debt mountain mushroomsThe almost incomprehensible size of national debt comes weeks after the Federal Reserve began an unprecedented money printing program. Providing $6 trillion of liquidity, the Fed led responses

Fear, Greed and the Evolution of Money in the Age of the Coronavirus Pandemic

Source Node: https://cointelegraph.com/news/fear-greed-and-the-evolution-of-money-in-the-age-of-the-coronavirus-pandemic
Time Stamp: April 9, 2020 4:24 AM - Modified On: May 21, 2021 - Published By:
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The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, on edge and struggling to sleep through the night.We watched as China took extreme measures to improve the coronavirus crisis there. We watched as Italy locked down the country and people scurried to other parts of Europe. We then watched as California Governor Gavin Newsom took early measures for the U.S. and locked

Risky Assets Are Rallying, Bitcoin Back Above $7,000

Source Node: https://www.bitcoinmarketjournal.com/risky-assets-are-rallying-bitcoin-back-above-7000/
Time Stamp: April 7, 2020 3:15 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

“In every generation a man is obligated to feel as if he himself has experienced the exudes from Egypt.” This is one of the core principles of the upcoming holiday of Passover that Jewish people across the globe will celebrate tomorrow. It’s the very reason that we embrace strange customs like eating herbs that are so bitter they make you cry, drinking four full glasses of whine, and of course the famous flat bread known as matzah. Though I will never ever understand what it must have been like to

Bitcoin Price Breaks $7K But Must Defend it to Avoid $5.2K — Analyst

Source Node: https://cointelegraph.com/news/bitcoin-price-breaks-7k-but-must-defend-it-to-avoid-52k-analyst
Time Stamp: April 6, 2020 3:21 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) finally retook $7,000 on April 6 after days of posturing culminated in a sudden surge as the new week began.Cryptocurrency market daily overview. Source: Coin360BTC price exits $6K… againData from Coin360 and Cointelegraph Markets showed BTC/USD exiting the $6,000 range in a snap move which took markets to three-day highs of $7,080.While holding at press time, it remained to be seen whether Bitcoin could sustain support at $7,000, or whether the latest push would copy others from last week in fizzling in a matter of hours.Bitcoin 1-day price

Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis

Source Node: https://cointelegraph.com/news/bitcoins-correlations-with-global-financial-assets-soar-amid-coronavirus-crisis
Time Stamp: April 5, 2020 12:59 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Many investors hold Bitcoin (BTC) as a hedge against the global financial system. However, as the numbers show, Bitcoin has not been spared from the recent COVID-19 financial crisis.This article will analyze the movement of global financial markets and its correlation with Bitcoin during the COVID-19 crisis. We’ll consider the following sources as price measures for the following.The recent crash has really challenged Bitcoin’s claim as “digital gold” and puts its assertion as a financial “safe haven” to the test.Related: Is Bitcoin a Store of Value? Experts on BTC as