Is Bitcoin Better Than Stocks?
Bitcoin has become quite important over the years. It is arguably the most popular digital currency in the world, and is globally accepted by both corporations and even governments as a payment method or form of data-storing technology (blockchain). But could the day come when bitcoin is considered more important than stocks? It’s already beaten gold according to the Winklevoss Twins and other financial experts, but stocks are in a category all their own. Several magnates still see stocks and bonds as primary ways to stream income directly into one’s future despite the volatility they can....
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Investment bank Goldman Sachs has compiled a list of 19 large-cap stocks with cryptocurrency exposure that have massively outperformed the S&P 500. “On average, these stocks have dramatically outperformed the S&P 500 during the last several months alongside the surge in the price of bitcoin,” the firm wrote. 19 Stocks With Crypto Exposure That Outperformed S&P500 Goldman Sachs released a research note last week listing 19 large-cap U.S. stocks with blockchain and cryptocurrency exposure that outperformed the S&P 500. Ben Snider, the bank’s strategist and managing....
Bitcoin mining stocks really gained prominence in 2021. Due to the increase in the price of the digital asset, mining profitability shot up, and investors used this as a way to gain exposure to the market. As the market has retraced, though, the mining stocks have struggled. However, they continue to be in operation, and […]
Measuring assets’ value in terms of time can help us understand why Bitcoin’s potential upside is so much greater than that of stocks.
Buying bitcoin and other major cryptocurrencies in 2020 has proven to be a winning strategy. But crypto investors looking to diversify their digital currency exposure should consider including stocks that offer exposure to specific companies with ties to cryptocurrencies. Penny stocks with small exposure to cryptocurrencies like Overstock.com (NASDAQ: OSTK) soared during the recent crypto boom. Investors hoping to find the next hidden gem have several penny stocks to watch. Canaan and Ebang International Holdings […]
The crypto derivatives exchange has launched a novel way to trade the world's most popular stocks.