Wall Street

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The Bitcoin Misery Index: Finding An Entry Way With Sadness

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This week the Wall Street analyst and Fundstrat executive, Tom Lee, has revealed a new index that helps cryptocurrency investors know the right time to buy BTC. The indicator is called the ‘Bitcoin Misery Index’ that calculates multiple market factors. Also read: Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US? The ‘Bitcoin … Read more

Coinbase to Launch its First Crypto Index Fund

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Popular US cryptocurrency exchange Coinbase announced today the launch of its first ever index fund. Global Digital Asset Exchange (GDAX), which is owned by the San Francisco-based retail exchange, will provide to its accredited investors the option of buying the lot, all assets, weighted, into one financial product. Also read: Québec Premier: We’re Not Really Interested … Read more

Patent Data Reveals the Banking Sector’s Strange Relationship with Bitcoin

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Banks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes “traditional” money to purchase cryptocurrency, and right now, banks control the conduits. If these oligarchs have their way, they’ll also have a controlling stake in the crypto sphere … Read more

Crypto Index Fund Bitwise Delivers 45% Return in First Two Months

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These days more players on Wall Street are adopting bitcoin as a new vehicle that can potentially deliver amazing growth opportunities, and traditional investors are reaping the benefits. An index fund operated by Bitwise, for example, has delivered a 45% return in its first two months. Also Read: Cryptocurrency Regulator Found Dead at His Home … Read more

Trading Tip `the Wall´ – Disappearing Premiums Signal Bearish Mid-Term Outlook

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Up until now, bitcoin has largely been behaving as an uncorrelated asset. This got a lot of people excited, categorizing bitcoin as a future digital gold or a safe haven asset. The worst thing about this recent dip in price ($5,873, GDAX) was not the decrease in the price itself. Much more daunting for bitcoin, … Read more

Weiss Ratings Defends its Decision to Give Bitcoin Only a C+ Grade

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Wall Street is known for being a cut throat place where shrewd business people play as tough as possible in order to make gains or their destroy opponents. However, the crypto ecosystem can be at times far more nasty than any other market. One company that had the audacity to rate everyone’s favorite cryptocurrency somewhat … Read more