Tag Archives: S&P 500

Morgan Creek Is Betting $1 Million That Crypto Can Beat the S&P

Morgan Creek Digital, an institutional manager focused on cryptocurrencies and digital assets, wants to bet $1 million that such assets will outperform the S&P 500 during the next 10 years. The asset manager is challenging any professional investor or firm that believes cryptocurrencies are “worthless” or that public equities are a better bet to prove their belief with… Read More »

‘Buffett Bet 2.0’ – Investment Fund Puts $1M on Bitcoin to Outperform S&P 500

Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the bulk (78%) is… Read More »

Market Bloodbath – Recession Impending or Regularly Scheduled Programming?

Everything, almost literally everything, is down this year just in time for Christmas. The DOW, NASDAQ, S&P 500, and the majority of the crypto markets are all bleeding out day after day, with Bitcoin seeming to be walking down the stairs back to $3,000 and some analysts predicting sub-$2000 levels in the near future. In The post Market… Read More »

Morgan Creek Digital Is Betting $1 Million That Crypto Can Beat the S&P 500

Morgan Creek Digital, an institutional manager focused on cryptocurrencies and digital assets, wants to bet $1 million that such assets will outperform the S&P 500 during the next 10 years. The asset manager is challenging any professional investor or firm that believes cryptocurrencies are “worthless” or that public equities are a better bet to prove their belief with… Read More »

Earnings Season: Traders Shift From Cooling Crypto Market to Volatile Stocks

Cryptocurrency markets are seeing further stability this week amid Q4 earnings season. The continuing trend is now even making industry businesses adjust their focus to keep customers interest high. Crypto No Q4 Wild Card While some assets have shown more volatility than others, the picture from within the top ten cryptoassets by market cap remains decidedly flat. For… Read More »

Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’

Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser… Read More »

Bitcoin Price Analysis: BTC Unfazed By Global Stock Market Woes

As Stock markets wobbling across the board and endless discussion around stable coins, Bitcoin price has maintained its tight trading range for ten consecutive days. 4h Hour Chart Bitcoin continues to frustrate traders used to thriving on the volatility typically offered by the asset. Bitcoin prices 00 have has oscillated between $6350 and $6500 with the last week… Read More »

Not So Safe Haven? Signs Suggest Bitcoin Might Still Be a Risk Asset

Volatile price swings and plummeting valuations have been a reality for bitcoin investors of late, but those who own traditional equities haven’t been immune either. In fact, bitcoin and the S&P have correlated on and off for almost a year, each taking turns as the leading indicator. Bitcoin, the cryptocurrency advertised as digital gold due to its difficult… Read More »

Researchers: Bitcoin a Perfect Diversification Asset for Institutions

Matt Hougan, the vice president of research and development at Bitwise Asset Management Inc, expects the correlation between Bitcoin and the broader financial market to remain low, which may allow Bitcoin to appeal to institutional investors as a proper diversification asset whose price movement is immune to traditional market swings. According to research findings published by professors Lawrence… Read More »

Bitcoin Breaks Ties with S&P 500 As Prices Diverge

Adam James · June 15, 2018 · 5:00 am While Bitcoin continues its lengthy correction, the S&P 500 has rebounded — creating a new divergence between the leading cryptocurrency and traditional stocks. ‘Not Very Many People Bought It At All’ At the time of this writing, Bitcoin — the first and foremost cryptocurrency — is trading at $6,613.11,… Read More »