Bitcoin Volatility

Bitcoin Volatility The price of Bitcoin exhibits high volatility persistence. Has Bitcoin failed as a means of payment and store of value? Image: Financial Times

Bitcoin and Payment Transactions Per Month

Bitcoin and Payment Transactions Per Month Is cryptocurrency overhyped? Today, Bitcoin is processing fewer payment transactions per month than in 2016. Image: Financial Times

Comparative Return of Bitcoin and S&P 500

Comparative Return of Bitcoin and S&P 500 This chart suggests that the best years for Bitcoin are when the S&P 500 is above 15%. Image: Fundstrat Global Advisors, LLC

Does Bitcoin Have Intrinsic Value?

Does Bitcoin Have Intrinsic Value? Well, although skeptics say Bitcoin has no value, JP Morgan says Bitcoins have “intrinsic value” using the cost of production approach following Hayes. See: Adam Hayes, A Cost of Production Model for Bitcoin (March 19, 2015).

Is Bitcoin on Fire Again?

Is Bitcoin on Fire Again? Bitcoin +102% YTD vs. S&P 500 YTD performance of 12.98%. Image: Hedgeye Risk Management LLC

45 Years of Asset Bubbles

45 Years of Asset Bubbles The parabolic move of Bitcoin in a short period of time has pushed it into bubble territory. Image: Deutsche Bank

Gold Flows Since 2007

Gold Flows Since 2007 Could gold face a flow headwind over the coming years because of Bitcoin? Image: BofA Global Investment Strategy