MIT Bitcoin Trading Simulation Yields Profit of 89% in 50 Days
Trading bitcoin profitably remains more of an art than an exact science. On any given day, Reddit is awash with theories explaining bitcoin price movements, ranging from exotic technical indicators to the machinations of FUD (fear, uncertainty and doubt) peddlers. That may change, however, with a new paper that claims to have devised a trading strategy that can produce an 89% return in less than two months. The authors, Massachusetts Institute of Technology associate professor Devavrat Shah and computer science student Kang Zhang, collected data from OKCoin, the world's largest exchange by....
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According to economist Timothy Peterson, Bitcoin has a 50% chance of topping $140,000 before the month ends. He posted that likelihood on X and backed it with simulation work that uses a decade of price moves to map likely outcomes. Related Reading: Bitcoin Breaks $126K — Bitwise CIO Sees $1 Trillion Wave Coming Simulation Based On Historical Data Peterson said the model runs hundreds of simulations using daily Bitcoin prices going back to 2015. Based on those runs, he put the chance Bitcoin finishes the month above $140,000 at 50%. He also gave a 43% probability that the price will end....
With high market uncertainty, low inflation, and negative interest rates in many countries, it’s becoming harder for investors to ignore Bitcoin, which is one of the very few investments these days to offer an alternative to further losses. Bond Yields Going Negative Globally. Amid recent market turmoil following Brexit, slashing of forecasts and credit....
Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following the Paris Upgrade that triggered The Merge.
Ethereum’s Issuance Rate Sinks Lower Post-Merge
Since August 5, 2021, Ethereum has changed from being inflationary to deflationary by introducing the ruleset....
Bitcoin wobbled between gains and losses on Wednesday as traders measured on-chain sell-off signals against the drop in the benchmark bond yields. The flagship cryptocurrency surged around 0.5 percent to $34,335 ahead of the New York opening bell. It was trading at $35,233 on Coinbase exchange at its intraday high, pointing to bullish attempts to […]
While cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized finance (defi) applications can give a yearly ROI upwards of 100-400% in some cases depending on the applications leveraged. Pools of Crypto Liquidity Are Growing During the last year and a half, decentralized finance (defi) has grown more robust and today there’s $46.24 billion total value....