Volatility and Liquidity: How Bitcoin Compares to its Cryptocurrency Competitors
2016 has been a bull year for privacy-focused cryptocurrencies. Just as an example, last year we saw the rapid appreciation of monero, the mega-hyped launch of zcash (which peaked at an astounding $5,300 per coin) and subsequent pumps in other similar offerings including shadowcash and navcoin. But, while it may seem like these crypotcurrencies are something new or novel, I would argue that all of these are "payment coins" competing in the battle win the war to be general money. Let me explain. While most altcoins tend to be forging into market specific "appcoin"....
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The Bitcoin price has made an easy turn off the bottom of the advancing wave and is proceeding higher amidst optimistic trade today. An IMF special report, entitled the "Global Financial Stability Report", was published today and warns of potential shocks and increased volatility in global markets. Links to Sections: IMF Warning: Low Liquidity and Volatility. Global Economy. Bitcoin Price Analysis. Comments. IMF Warning: Low Liquidity and Volatility. The extended period of monetary accommodation and the accompanying search for yield are leading to credit mispricing and asset price....
As the world’s most liquid asset, bitcoin’s price volatility in times of economic crisis likely reflects its independence, not lack of faith.
Bitcoin will become more stable and liquid when regulatory certainty is in place, Bridgewater’s director of investment research argued. A senior analyst at asset management firm Bridgewater believes that regulation could potentially make Bitcoin (BTC) a good asset for institutional investors.Bridgewater director of investment research Rebecca Patterson claimed that regulatory certainty around Bitcoin would solve some of the cryptocurrency’s biggest problems associated with high volatility and low liquidity.In a Feb. 24 interview with Bloomberg, Patterson said that issues like volatility....
COTI’s new Crypto Volatility Index allows traders to profit from highly-volatile cryptocurrency markets. COTI, a blockchain-powered fintech startup, has launched a new cryptocurrency index enabling traders to profit from the market volatility.The new Crypto Volatility Index, or CVI, brings the traditional “market fear index” to the crypto market, allowing users to deposit and open positions with Tether (UDST).Gibraltar-based COTI explained that the new index allows traders to open CVI positions for high and low volatility. “Users who expect volatility to increase can open a CVI position.....
Binance CEO Changpeng 'CZ' Zhao has stressed the importance of market liquidity after various countries ask for segregated order books. Binance CEO Changpeng ‘CZ’ Zhao has highlighted the shortcomings of segregated cryptocurrency markets after recent talks with governments from different countries.The global cryptocurrency exchange’s CEO has become increasingly involved in policy discussions with various governments as Binance continues its global expansion. Binance most recently obtained a license to operate in Spain, Italy and Dubai to add to a global list of countries it now operates....