Silver

Bitcoin And Stocks Rally Despite Declining Correlation

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-and-stocks-rally-despite-declining-correlation/
Time Stamp: August 6, 2020 10:37 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Sure, it was loosely correlated for a while there, but by now, bitcoin and the crypto markets are once again able to claim independence from the traditional markets. In short, and even though measuring correlation can be quite complex, I think this graph pretty much sums it up. What we’re seeing here is the 90-day Pearson correlation between bitcoin and the S&P 500 since 2011. We can clearly see earlier this year, where the correlation spiked up to 0.6 due to the multi-asset early-pandemic sell-off. By now, however, we’re once

Stocks Fly and Precious Metals Fly, Bitcoin Remains Firm

Source Node: https://www.bitcoinmarketjournal.com/stocks-fly-and-precious-metals-fly-bitcoin-remains-firm/
Time Stamp: August 5, 2020 9:44 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Even though we said in yesterday’s update that we weren’t going to cover the Microsoft TikTok talks, it seems things have now escalated to the point where it seems difficult to ignore, especially in light of unprecedented intervention from the president. Shortly after we hit the send button, President Donald Trump stated that TikTok now has a deadline of September 15 to sell off all its U.S. operations to an American company, be it Microsoft, Apple, or anyone else. In addition, the president has stated that the U.S. Department of

Fear, Greed and the Evolution of Money in the Age of the Coronavirus Pandemic

Source Node: https://cointelegraph.com/news/fear-greed-and-the-evolution-of-money-in-the-age-of-the-coronavirus-pandemic
Time Stamp: April 9, 2020 4:24 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, on edge and struggling to sleep through the night.We watched as China took extreme measures to improve the coronavirus crisis there. We watched as Italy locked down the country and people scurried to other parts of Europe. We then watched as California Governor Gavin Newsom took early measures for the U.S. and locked

‘Rich Dad Poor Dad’ Author Says Gold, Silver, and Bitcoin Lie Outside the System

Source Node: https://cointelegraph.com/news/rich-dad-poor-dad-author-says-gold-silver-and-bitcoin-lie-outside-the-system
Time Stamp: April 8, 2020 9:06 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an escape.“The reason I endorse Bitcoin is because is just for one frickin reason — you’re not part of the system,” Kiyosaki said. “It’s a separation of government and my money,” he laughingly added, quoting sentiment Pompliano has expressed many times.   Uncertain times can spurr flight to safetyThroughout the interview, Kiyosaki riffed on many concepts through the