Great statistical work from @GalaxyDigital
Confirmed my worked that #Bitcoin is and remains an #uncorrelated asset.
https://t.co/VPOLehxsW5
May 2019 China-US trade escalation had a positive effect on the price of BTC if you look at the cumulative abnormal return.
#TradeWar
Tomorrow, @cyrillapinte will do a hands on the C-Layer open source project. You will learn how the Compliance Layer provide an administrable layer over the #Ethereum#blockchain protocol.
>> Full program: https://t.co/rcnz7mjH1o
As usual, pizza provided by @Hortis#DeFi
Great read by @100trillionUSD
Using the Power of Law, he predicts the market value for #bitcoin after May 2020 #halving is $1trn, which translates in a bitcoin price of $55,000 .
His #quantmodel fits with r-squared=95%
The author uses the ratio Stock-to-Flow=Stock/Flow to compare precious metals that have an unforgeable scarcity due to the costliness of their creation.
Every halving, bitcoin SF doubles and market value increases 10x, this is a constant factor.
@NickSzabo4#Exponential#growth cannot be sustained for decades and your line will most likely over time get closer to the average of the other markets you are displaying on your chart.
@NickSzabo4 The study is a bit skewed. You can't compare apples with oranges...The markets you are comparing bitcoin with have decades of history.... I would suggest to wait 20 years before making these types of comparison....
According to the past 5 months of data, the monthly correlation between Bitcoin CME volumes and price is somewhat predictive of the monthly return with probability 80%.
Great news for the #DigitalAssets ecosystem, Switzerland has granted banking licences to 2 #swiss companies @WeAreSEBA and @sygnumofficial!
https://t.co/FJPrIa6n3Q
No clear #advantage of #rebalancing your #cryptocurrency#portfolio.
In red, each month each of the 20 stocks are rebalanced with 5% target weight.
In blue, the portfolio is not changed and #weights are left drifting away from the 5%.