Bitcoin might be a good investment but Bitcoin mining stocks aren’t

If you believe in Bitcoin, you buy Bitcoin. And if you’re wary, you stay away. That’s about the simplest way of calculating your investment options when it comes to the world’s most infamous speculative bet. Of course, you can join the hoards of Telegram and Reddit groups claiming to understand and predict the twists and […]

Continue Reading

Bitcoin extends its rally to an all-time high close to $50,000

By Joanna Ossinger and Eric Lam Bitcoin reached another record, coming ever closer to $50,000, as the world’s largest cryptocurrency extends its breathtaking rally. The token climbed as much as 3.6 per cent to $49,913 in Asian trading Tuesday, according to a composite of prices compiled by Bloomberg. Bitcoin’s volatile, fivefold advance over the past […]

Continue Reading

Surprise! Bitcoin’s volatility should burn investors, but it hasn’t

By Nir Kaissar Just over 10 years old, Bitcoin might already be the best-performing investment of all time. It might also be the most volatile, and volatility has a way of luring people into ill-timed and costly investing choices. So with all the headlines about Bitcoin’s meteoric rise, it seems reasonable to ask how its […]

Continue Reading

Bitcoin’s latest record run is less volatile than the 2017 boom

By Joanna Ossinger Bitcoin’s record-breaking rally has come with some extreme moves, but by one measure, it’s not as chaotic as 2017. For instance, on a rolling 60-day basis, the swings in Bitcoin are generally smaller now than when Bitcoin was peaking in 2017. Part of the reason is that prices have steadily climbed for […]

Continue Reading