Archive: Nasdaq
Bitcoin Decouples From Stocks, Moves Closer to Gold
By Vin Narayanan on June 2, 2023
Crypto Market Musings It’s been a relatively calm week for crypto. Bitcoin is up 1.73% over the last seven days as of this writing. Ethereum is up 3.54% over the same period. Monero is down 1.93%. Crypto has largely decoupled from the Nasdaq and the S&P 500 and become more correlated with gold. The charts below show bitcoin (dark blue line) moving out of sync with the stock markets and more in sync with gold. BTC…
Get Your Investing Mojo Back
By Vin Narayanan on May 12, 2023
Crypto Market Musings Bitcoin is trading around $27,000 as of this writing and is down about 6.5% over the last seven days. Ethereum is trading around $1,800 and is down about 4.5% over the same time period. Welcome to crypto allergy season. Some weeks will be good. Some…
Inflation Holds the Key to Market Performance in 2023
By Vin Narayanan on February 3, 2023
Crypto Market Musings I’m not ready to start singing “Happy Days Are Here Again” (the Annette Hanshaw version, NOT the inferior Carole King or Barbra Streisand versions).
Bitcoin Gives Investors a Break During the Bear Market
By Vin Narayanan on October 21, 2022
Crypto Market Musings Bitcoin (BTC) is traditionally an extremely volatile asset. But not right now. Bitcoin volatility (.BVOL) is at a 100-day low. Since September 1, bitcoin has largely been trading in a narrow range between $18,400 and $20,000. And BTC…
Ethereum Merge Signals a Bright Future for Crypto
By Allison Brickell on September 21, 2022
Ethereum bulls are still rejoicing after last week’s successful Ethereum Merge. The Ethereum network shifted from proof of work to proof of stake — a massive undertaking likened to changing a spaceship engine mid-flight. It was a long time coming. The Merge was beset by delays…
Demystifying Bitcoin Bottom Predictions
By Olivia Strobl on August 5, 2022
Editor’s Note: Vin is out of the office this week. So KingsCrowd Investment Research Manager Olivia Strobl is stepping in. We think you’ll enjoy her take on the crypto markets. Crypto Market Musings So much happened last week that I don’t know where to begin.
The Fed Is Not Invincible
By Adam Sharp on January 24, 2020
“Don’t fight the Fed” has been solid advice for the past 10 years. But the current bull market won’t last forever. And investors need to prepare accordingly.
Cannabis Report: Canopy Growth Thinks Ahead While U.S. Cannabis Research Falls Behind
By Early Investing on April 25, 2019
This week in weed, an American cannabis stock makes its Nasdaq debut, Canopy Growth thinks ahead and the U.S. misses the boat on medical marijuana.
News Fix: DARPA Eyes the Blockchain
By Vin Narayanan on December 8, 2018
In today’s News Fix, DARPA is turning toward the blockchain, institutions keep investing in crypto, and both crypto and cannabis have a busy week.
News Fix: Market May Have Bottomed Out
By Vin Narayanan on September 15, 2018
This week’s News Fix looks at the state of the crypto market, a new stablecoin and Mt. Gox relief.
Is Cryptocurrency Going Mainstream?
By Adam Sharp on April 27, 2018
We’re beginning to see institutional interest in crypto assets grow, with Goldman hiring its first crypto trader.