Bitcoin and its fellow cryptocurrencies have been hogging the headlines again following Wednesday’s deep plunge. Seasoned crypto investors are accustomed to such swoons, which are usually mirrored in the performance of Bitcoin-related stocks, such as miner Riot Blockchain (RIOT). And just as Bitcoin surged in the year’s first quarter, so did Riot’s revenue streams. The company reported Q1 results earlier this week, with revenue reaching $23.2 million, a 342.1% uptick from the $5.2… Source link
Read More »Musk Fuels Bitcoin Volatility by Saying Tesla Hasn’t Sold Stake
(Bloomberg) — For a second week, the crypto market is being ruled by tweets from billionaire Elon Musk. The Tesla Inc. chief sent Bitcoin rallying back above $45,000 on Monday after clarifying that the company hasn’t sold any holdings of the digital token. It’s the latest post to whipsaw prices across the industry and fuel speculation over just why the electric-car pioneer is issuing crypto missives on a daily basis on Twitter. “He has to wake up to the reality that with his following,… Source link
Read More »Bitcoin’s Drop in Volatility May Boost Appeal, Make $130K Possible, JPMorgan Says: Report
The Guardian US economy adds 916,000 March jobs as vaccine rollout fuels hiring boom Unemployment at 6% as businesses reopen and hire workersData shows 30% of Americans have had at least one vaccine shot Sous chef Francisco Lopez at the Buya restaurant in Miami last month. The data suggests the worst of the pandemic-related jobs slump may be over – but issues remain. Photograph: Joe Raedle/Getty Images The US labor market went on a hiring spree in March, adding 916,000 jobs amid the… Source link
Read More »Bitcoin Volatility Decline Paves Way for Banks, JPMorgan Says
(Bloomberg) — The recent pullback in Bitcoin’s volatility is setting the stage for a trend that could encourage institutions to dive in, according to JPMorgan Chase & Co. “These tentative signs of Bitcoin volatility normalization are encouraging,” strategists including Nikolaos Panigirtzoglou wrote in report emailed Thursday. “In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going… Source link
Read More »Bitcoin’s Price Volatility Expectations Slip to Lowest in 3 Months
Bitcoin might be diminishing in a quality that’s long been a sore spot for criticism: volatility. One critical gauge shows the cryptocurrency’s expected price swings are now at their lowest point in three months. The cryptocurrency’s implied volatility, or expectations for price turbulence, declined to an annualized 75% early Monday, based on calculations using options premiums with a one-month horizon. That’s the lowest since Dec. 25, according to data provider Skew. They peaked… Source link
Read More »Google Explains Featured Snippets Volatility
Featured Snippets Search Volatility Was Featured Snippet Volatility Deliberate? Reasons for Changes in Search Finding a Better Balance in the SERPs Citations Google removed a great deal of featured snippets at the start of March 2021 then they returned. Google’s John Mueller comments on why visibility of featured snippets changes. Featured Snippets Search Volatility At the beginning of March featured snippets seemed to disappear from the search engine results pages (SERPs). Some were calling it… Source link
Read More »Yahoo Finance: Dave Nadig Talks Inflation, Bitcoin & Volatility
For this week’s “ETF Report” on Yahoo Finance, with host Alexis Christoforous, ETF Trends’ CIO and Director of Research, Dave Nadig, was on hand to go over a variety of areas concerning the market, including rising interest rates, inflation, precious metals, and the continued struggles over a potential bitcoin ETF. Starting with rising interest rates and the possible rise of inflation, Nadig feels the rising growth and earning expectations may be working for investors as far as… Source link
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