JPMorgan Says Investors Can Put 1% of Their Portfolios in Bitcoin Despite Calling It a Poor Hedge

JPMorgan Says Investors Can Allocate 1% of Their Portfolio to Bitcoin Despite Calling It a Poor HedgeAfter saying that cryptocurrencies “rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits,” JPMorgan says investors can put 1% of their portfolios in cryptocurrencies. This can help “achieve any efficiency gain in the overall risk-adjusted returns of the portfolio,” the firm’s strategists explained. Investors Can Allocate 1% of Portfolios to […]

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Abra’s new Token Makes Diverisified Crypto Investing a Breeze

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In the cryptocurrency world, there is no shortage of coins and new currencies. Abra, the popular cryptocurrency wallet provider, is issuing its own token. Unlike what other service providers have done, Abra is linking this token to the Bitwise 10 Crypto index. The new Abra Token Explained It is rather uncommon to see new cryptocurrency […]

The post Abra’s new Token Makes Diverisified Crypto Investing a Breeze appeared first on NullTX.

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4 Reasons Why Purchasing a Coinbase Bundle Makes Sense

Buying cryptocurrency remains a major hurdle for most consumers in this day and age. This problem is only compounded when users are looking to diversify their portfolio, as numerous hoops need to be jumped through. The Coinbase Bundle offers some interesting advantages in this regard. Below are four reasons to buy such a bundle, ranked […]

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Grayscale Investments Announces ZenCash Investment Trust

Cryptocurrencies have been playing an increasingly important role in the financial sector. Grayscale Investments is leading the charge in this regard. The crypto investment fund has launched several ventures over the years, and is now adding ZenCash to its portfolio. ZenCash is a Rather Interesting Addition While it is commendable to see entities such as Grayscale […]

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Add Crypto to Investment Portfolio: Enhance Return, Reduce Risk/Volatility

Add Crypto to Investment Portfolio: Enhance Return, Reduce Risk/VolatilityAs an emerging asset class, cryptocurrency and blockchain technology related investments are gaining begrudging respect among finance professionals. Market slides aside for the moment, a study released by Grayscale Investments attempts to make the case investors should seriously consider adding crypto to their respective portfolios, as they bring better returns and, counterintuitively, reduce risk and […]

The post Add Crypto to Investment Portfolio: Enhance Return, Reduce Risk/Volatility appeared first on Bitcoin News.

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IMF Chief Envisages Large-Scale Shift Towards Cryptocurrencies

IMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards CryptocurrencyIMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 2 Blog Posts Dedicated to Crypto The […]

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Bitcoin Price Drops by 3% and Everybody Panics for no Reason

TheMerkle Bitcoin price DropAlthough the year 2017 has been pretty positive for the Bitcoin price in general, all positive momentum will come to an end eventually. In this particular case, the Bitcoin price is dropping pretty hard all of a sudden. There’s no real reason for this sudden change, mind you, but it is evident people are cashing out with the Christmas holidays almost upon us. No one knows for sure how bad things will get, but for now, it’s time to diversify into altcoins. Bitcoin Price Gets a Decent Shake-up It is always important to put things into their proper perspective. Any

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