Bitcoin is known as digital gold. It is treasured as an investment asset. Much like the famous yellow metal, bitcoin (“BTC”) does not offer income through dividends or interest. This poses a challenge for investors seeking regular cashflows and income.
One strategy that skilled investors use to turn BTC into an income generating asset is the cash and carry trade...
At a glance:
Higher tech stocks tend to boost ETHBTC, while a higher USD tends to depress it
Bitcoin supply is perfectly inelastic, which contributes to its high volatility
Together, ether and bitcoin account for over 60% of the total value of the world’s cryptocurrencies, but the exchange rate between the two has varied widely over time.
So, what drives...
It was the best of trades, it was the worst of trades. Look, I had to get that one in.
This update is a quick answer to an email received on CME micro bitcoin futures. To trade or not to trade?
Answer: there are pros and cons here.
Some points:
Micros are very algo driven with the May contract currently looking heavy from just one participant stacking...
Hey! Reading market emotions could be pain in ass ¯\_( 👁️ ͜ 👁️)_/¯ But what you can do about it?
M arkets always flow in ups and downs, every minute emotions change so the market following well known sequence of emotions: ... Optimism — Believe — Excitement — Thrill — Euphoria — Complacency — Denial — Fear — Desperation — Panic — Capitulation — Anger —...
