Van Eck declares Bitcoin ‘less volatile than many’ stocks
Van Eck's latest research appears to be an effort towards calming investor fears about Bitcoin... as well as the SEC's. On Friday, investment management firm Van Eck released new research indicating that Bitcoin’s price movements are less volatile than between a quarter and a third of the stocks listed on the S&P 500. In a blog post the German issuer of exchange-traded products said that while Bitcoin has long been considered a “nascent and volatile asset outside of the traditional stock and capital markets,” the reality shows that the world’s largest cryptocurrency trades with volatility....
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Read all about the differences between cryptocurrencies and stocks including the agreements, the risks and the potential. Stocks or cryptocurrency — Which is safe?If you are aware of the risks and consciously deal with them, then both stocks and cryptocurrencies are safe to trade with.Cryptocurrency vs. Stocks: Does one pose more risk than the other? Sure, the crypto market is extremely volatile and new. Stocks are more proven investment instruments but are also highly volatile. There are a lot of people who have a percentage, if not all, of their wealth invested in cryptocurrencies. It’s....
Binance CEO Changpeng Zhao said Bitcoin’s volatility is “probably less volatile” in comparison to some stocks, but data shows Bitcoin is the incontestable winner when adjusting the metric based on returns. During an interview with Bloomberg TV on May 3, Binance CEO Changpeng Zhao suggested that Bitcoin (BTC) "is probably less volatile" than the stock prices of Apple (AAPL) and Tesla (TSLA).Zhao argued that crypto's volatility was not unlike the stock market, adding: that "volatility is everywhere" and that "it is not unique to crypto."However, those involved in cryptocurrency trading....
Australia is stepping up action against cryptocurrency ATMs after a sharp rise in scams and other illicit uses, according to AUSTRAC and law enforcement reports. Machines that let people turn cash into crypto have grown fast, and regulators say the surge has put older and vulnerable users at particular risk. Related Reading: Japan Declares War […]
Keza, a New York-based startup, launched an iOS app that allows users to invest bitcoin in stocks and fixed incomes, according to Nasdaq. There are moderate, conservative and aggressive portfolios. The company has raised $357,000 and is backed by Digital Currency Group and Jason Calacanis of HOF Capital. The riskier the portfolio, the greater the exposure to volatile assets like foreign stocks. Once a user picks a portfolio, they can deposit bitcoin and track investments over time. There is a 1% maintenance fee, according to the Keza website. Stefan Britton and Simon Burns, company....
China’s Supreme Court adds fuel to the fire after the Russian military attacks on Ukraine slipped the crypto market cap to 1.5 trillion. The court declares crypto-fundraising illegal and determines jail time and fines for suspected persons. To be clear, the new bill announced on Thursday is an amendment to previous legislative documents regarding cryptocurrency […]