Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethe...
If “crypto,” then a straight buy-up of BTC and ETH fared better than big name stocks this year. Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks.New data currently circulating shows that for all the growth in the industry surrounding Bitcoin, it still pays simply to buy and hold.Stocks fail to compete with BTC, ETHLooking at the stock performance of firms with the largest BTC allocations on their balance sheets, it becomes immediately apparent that it was more profitable to hold BTC than those equities — at least this....
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A long-term arbitrage play from institutional investors may explain why shares in Grayscale’s Ethereum Trust have tanked by 50% in two weeks while Ether rallied 75%. Shares in fund manager Grayscale Investments’ Ethereum Trust plummeted by 50% this past fortnight, despite Ethereum rallying by 75% over the same period.ETHE shares represent 0.09620794 of an Ether each and are currently trading for $13.80 — roughly a 21% premium over the spot price of ETH.Grayscale’s ETHE shares have been on a roller coaster ride, surging around 500% from $4.20 at the start of October, before topping out at....
The crypto economy has slipped under the $1 trillion range once again after briefly rising to a high of $1.16 trillion on September 14. Signs show that Ethereum’s Merge hype has seemingly left the building and market participants are now waiting for the upcoming Federal Reserve meeting next week. Presently, the crypto economy is down 3% lower over the last day and is currently valued at $965 billion.
Major Stocks, Crypto Markets, Precious Metals, and Real Estate Drops Further — 80% of Investors Expect an Aggressive Fed Rate Hike
The Merge is over and the hype....
Bitcoin’s price rise may make you feel like you’ve missed the boat, but simple supply and demand economics say otherwise. The post Have I Already Missed My Time To Buy Bitcoin? appeared first on Bitcoin Magazine.
We have all heard stories of bitcoin-laden hardware buried in landfill, bitcoin pizzas which would have been worth millions today and other missed opportunities. Singer Lily Allen apparently missed out on one such opportunity a few years ago. Allen told the Telegraph that she could have earned more than £6m had she accepted a live gig on Second Life five years ago. She was offered "hundreds of thousands" of bitcoins for the gig and she turned it down. "As if, I said." In Allen's defence, it's hard to blame her for saying no. Most people are wary of bitcoin even today, when many mainstream....
The American professional stock car racing driver, Landon Cassill, has announced he has partnered with the crypto-asset platform Voyager Digital Ltd. in order to get paid in cryptocurrency. Cassill’s announcement notes that the racer will be paid in crypto for the remainder of the 2021 NASCAR Xfinity Series season. Landon Cassill to be Paid in Digital Currencies, JD Motorsports’ No. 4 Chevrolet Will Sport Voyager Branding According to an announcement published on nascar.com, Landon Cassill, the professional stock car racing driver who drives the JD Motorsports’ No. 4....