An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage" over other cryptocurrencies for the foreseeable future.
Volatility News
Volatility is the degree of variation of a trading price over time. In other words, volatility indicates the amount of uncertainty about the size of changes in an asset's value. The higher an asset’s spread of values means the higher volatility of it.
Volatility is a critical characteristic for investors as it shows both their risks and possible gains that comes with purchasing an asset. Cryptocurrency volatility is one of its most peculiar elements. As cryptocurrencies have no central authority and, correspondingly, no controlled emission mechanism, they are highly volatile. There are some other cryptocurrency features that make it volatile, such as having no intrinsic value, prevailing short-term investments and lack of institutional capital. Still, cryptocurrencies volatility is also what attracts a lot of investors and make it possible for the industry to develop so quickly after a lot of money was gathered due to the volatility of Bitcoin.
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Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assurance of the former.
11598“We’ve been doing a lot of work behind the scenes to provide our crypto customers with the functionality that they’ve been asking for,” said Robinhood CEO Vlad Tenev.
8852Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests.
3557“The volatility you see in it today just has to play itself out,” JPMorgan’s director of asset and wealth management said.
3466The UBS chief said the bank continues to urge caution when it comes to crypto exposure for its clients.
2222The hedge fund co-founder says it is keeping its investment powder dry for when the crypto market resumes its parabolic advance.
8969Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors.
1752Stablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar.
39Norway’s Financial Supervisory Authority says it only supervises crypto companies for money laundering.
2707The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies such as Bitcoin.
10758One of the biggest Bitcoin critics, Russian official Anatoly Aksakov, said he wanted to buy Bitcoin before the ban, but the price was too high.
14923JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000.
17871Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director.
10776While Bitcoin hodlers are seeing 2021's gains slowly diminish, one consistent crypto trading strategy has delivered over 3,000% since Jan 3 — and BTC isn't in the portfolio.
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