By
Dr. Bruce Ng and
Juan M. Villaverde On
November 16, 202003:55 PM Eastern“Frankly,” said Jim Druckenmiller on CNBC last Monday, “if the gold bet works, the Bitcoin bet will probably work better because it’s thinner, more illiquid and has a lot more beta to it.”
In...
By
Juan M. Villaverde On
November 13, 202002:57 PM EasternBitcoin (BTC, Tech/Adoption Grade “A-”) continued climbing during the seven-day trading week ended Thursday, as it was able to cross and maintain itself above the $16,000 level. Unlike the last...
By
Dr. Bruce Ng and
Juan M. Villaverde On
November 11, 202001:55 PM EasternAs Bitcoin (BTC, Tech/Adoption Grade “A-”) marches above $15,000, we see a broad shift in market sentiment is starting to take place — especially among big-foot investors.
That’s a big change....
By
Dr. Bruce Ng and
Juan M. Villaverde On
November 9, 202003:11 PM EasternEquity market indexes exploded today on news that Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) have developed a vaccine that’s more than 90% effective against COVID-19 “among those...
By
Juan M. Villaverde On
November 6, 202004:15 PM EasternBitcoin (BTC, Tech/Adoption Grade “A-”) reached new yearly highs after crossing $15,000 for the first time since January 2018.
It was a trading week marked by election-related volatility, though...
By
Dr. Bruce Ng and
Juan M. Villaverde On
November 4, 202004:08 PM EasternThe American election is over, if not yet finally decided. But Bitcoin barely seemed to notice. It finished Election Day pretty much where it began — with within a few percent of $13,500.
That’s...
By
Dr. Bruce Ng and
Juan M. Villaverde On
November 2, 202001:11 PM EasternLast Monday, we wondered whether Bitcoin (BTC, Tech/Adoption Grade “A-”) had “decoupled” from traditional financial asset markets.
That was when the crypto market’s biggest player was rolling...
By
Juan M. Villaverde On
October 30, 202002:38 PM EasternBitcoin (BTC, Tech/Adoption Grade “A-”) reached a new near-term high above $13,800 but pared back some of its gains late in the seven-day trading week ended Thursday.
The Weiss 50 Crypto Index...
By
Dr. Bruce Ng and
Juan M. Villaverde On
October 28, 202012:24 PM EasternStrange as it may seem, the cryptocurrency markets couldn’t care less who wins the White House. Or the Senate. Or the U.S. House of Representatives.
Why? Because both sides have sworn to print...
By
Dr. Bruce Ng and
Juan M. Villaverde On
October 26, 202004:12 PM EasternBitcoin (BTC, Tech/Adoption Grade “A-”), still well above $13,000 as of midday Monday after breaking through that key level last week, is in the green today even as U.S. equities sell off on...
