A new data-driven model reveals that MicroStrategy's stock price moves nonlinearly with Bitcoin, following a power-law elasticity of 1.53 based on 71 months of data. This means a 100% increase in Bitcoin price translates to nearly a 2.89 times increase in MicroStrategy's stock, but with amplified downside risk as well. While MicroStrategy's stock has a higher compound annual growth rate (55.9%) compared to Bitcoin (40.5%), it also experiences greater volatility (91% vs 60%) and deeper drawdowns. The model highlights MicroStrategy as a high-beta proxy for Bitcoin, offering greater upside potential but also higher risk. Investors should consider this amplified exposure rather than viewing MicroStrategy as a simple leveraged Bitcoin play.
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
