Bitcoin Community Abuzz as Jeff Bezos Sells Amazon Stocks Worth Billions

2024-2-21 19:00

Jeff Bezos is dumping Amazon stocks, the Bitcoin community is getting curious

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Bitcoin mining stocks are far riskier than Bitcoin itself

Key Takeaways Bitcoin mining stocks have underperformed Bitcoin heavily over the last year Greater competition among miners and higher amounts of energy required means margins are thinner Rising electricity costs and lower value of Bitcoin have also hurt miners immensely  Greater number of variables beyond merely the price of Bitcoin means mining stocks have been […] The post Bitcoin mining stocks are far riskier than Bitcoin itself appeared first on CoinJournal.

2023-6-22 16:52


Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll

Key Takeaways Our Head of Research, Dan Ashmore, digs into Bitcoin’s relationship with stocks Correlation between Bitcoin and the Nasdaq is at its lowest point since 2018 The Nasdaq is up 10% in the last month as stocks have surged off softer forecasts around interest rates and the macro climate Bitcoin is down 9% in […] The post Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll appeared first on CoinJournal.

2023-6-15 16:51