Crypto Long & Short: How Bitcoin Correlations Drive the Narrative

2020-9-14 21:07

Noelle Acheson dives into the role of correlation in bitcoin’s narrative and what investor activism coming to crypto could mean for the industry.

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narrative crypto → Ðåçóëüòàòîâ: 126


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‘Bitcoin Is Superior To Cash’, Says World’s Largest Business Intelligence Company

Publicly listed business intelligence firm MicroStrategy announced on Aug 11 that it had purchased 21,454 bitcoins worth $250 billion at the time, in a bid to hedge against Fed-led inflation. This is a major achievement for bitcoin as it adds credibility to the narrative that the king of crypto is gaining popularity on Wall Street as […]

2020-8-12 00:06


Ôîòî:

Bearish For Bitcoin: Nasdaq Forms Exact Signal Seen at Dotcom Bubble Peak

A common narrative that has cropped up in the crypto space is that Bitcoin is just tracing the price action of the stock market. In June, a team of analysts at Wall Street bank JP Morgan said that since March’s crash,  “Cryptocurrencies have traded more like risky assets like equities—a significant change relative to the prior couple of years.

2020-7-16 13:00


Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters

Data shows that nearly 10% of Bitcoin’s total circulating supply is dormant, meaning that it has not been touched for over 10 years This data boosts the narrative regarding Bitcoin’s scarcity, as its actual supply may be far lower than previously thought The heightened scarcity this provides Bitcoin also bolsters the cryptocurrency’s macro outlook, as economic models that rely on the crypto’s scarcity suggest that it will soon see some significant upside Bitcoin’s fixed scarcity […]

2020-5-26 21:00


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Bitcoin Price Going To Zero? Binance CEO Changpeng Zhao Says He Won’t Let That Happen

After Bitcoin plummeted to levels not seen since 2019, many people started talking about the death of Bitcoin and the crypto market in general. The narrative about Bitcoin being a safe haven has been clearly compromised but many influencers and traders are saying that this is the best time to buy. Many analysts believe the […]

2020-3-17 15:48


Ôîòî:

Bitcoin Drops Below $9,000 Amid Heightened Coronavirus Fears, Discrediting The Safe Haven Narrative

The past few days have been disastrous for the crypto markets. After losing support at the $9,500 level, bitcoin (BTC) careened below $9,000 today. This plunge in bitcoin price pours cold water on the narrative that the OG crypto acts as a safe haven in times of global calamities like the Coronavirus which has whipsawed […]

2020-2-27 21:05


Overwriting Satoshi: Kraken Exec Says Bitcoin Wasn’t Built for Payments, Isn’t Peer-to-Peer

As Director of Business Development for popular crypto exchange Kraken, when Dan Held speaks, people listen. As such, his recent 46-tweet diatribe on why the “payments narrative” for bitcoin is flawed grabbed the attention of many, tickling the ears of hardcore Lighting Network fans and bitcoin core maximalists alike.

2020-2-6 16:15