Bitcoin

MrBitcoin January 26, 2020

Bitcoin Twitter commentator PlanB has claimed that BTC is the only asset that has a Sharpe ratio of greater than 1. The Sharpe ratio describes the increased rate of return received for the extra volatility sustained when holding a riskier type of asset. Risk vs. Reward To understand the Sharpe ratio, one must take into […]

MrBitcoin January 25, 2020

Earlier this week, the Chamber of Digital Commerce went ahead and filed an amicus brief for the ongoing court hearing taking place between Telegram — one of the world’s most widely used encrypted messenger services — and the United States Securities and Exchange Commission. In its most basic sense, an amicus brief is a legal […]

MrBitcoin January 18, 2020

The number designating the dominance of Bitcoin (BTC) may be a faulty metric, especially when estimating the potential of altcoins. Instead, the metric has been proposed as a way to gauge the market direction. Bitcoin Dominance is a Flawed Metric The size of the BTC market capitalization has been criticized as flawed, as not all […]

MrBitcoin January 16, 2020

Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments.  By the numbers In a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5 million into its investment products, lifting the year’s inflow to $607.7 million after back-to-back quarterlies over $225 million, […]

MrBitcoin January 15, 2020

Brian Kelly is cautioning against expectations of a prolonged bull run as the bitcoin price gains more than 20% since the start of 2020. Meanwhile, crypto tokens continue to experience massive price increases with the total market capitalization adding about $20 billion in the last 24-hour trading period. Bitcoin Price Leading Fundamentals CNBC’s resident ‘crypto […]

MrBitcoin January 12, 2020

The British Queen and Prince Harry are having crisis talks, after the latter said that he didn’t really want to be royal any more, and was moving to Canada with wife, Meghan. We cannot confirm or deny rumors that his real motivation might be more to do with cheap hydroelectric energy and atmospheric cooling for […]