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Iranians grab their bitcoin as protests rage and rial tanks
Iranians are increasingly withdrawing Bitcoin from exchanges amid protests and economic turmoil, demonstrating the cryptocurrency's appeal as a safeguard against government control and inflation.
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SkyBlastervip:
Where is the support level?
Cathie Wood sees Bitcoin as effective portfolio diversifier in the years ahead
Cathie Wood of ARK Invest views Bitcoin as a potent diversification tool for portfolios due to its low correlation with major asset classes. An analysis shows Bitcoin's correlation with gold is just 0.14, making it attractive for risk-adjusted returns.
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MelonFieldvip:
I'm tired of the way Cathie Wood talks about this; low correlation is meaningless without experiencing a real market shock—once it drops, everything drops.
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