Bitcoin and Gold, just a few weeks ago, were noting what some would call “unnaturally high” levels of correlation– a figure of 73.6%. However, the said correlation soon dipped on the charts, with the BTC-Gold correlation registering a figure of -28%, at the time of writing. Source: Skew That’s not all, either, since at the...Read More
Bitcoin is worth much more than what it is today. That’s not a rhetorical statement; in fact, it’s a practical one. If the metric you’re measuring Bitcoin against is potentially infinite, then to put a finite value of $10,600 on a cryptocurrency which has a fixed supply doesn’t make sense. Every fiat currency can be...Read More
With the markets going the way they are, an asset that is resolute and can withstand seismic changes would bear importance. However, in such a market, does such an asset exist? For the better part of the previous century, and even early on in the current one, long-term United States treasury bonds were thought to...Read More
