The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies such as Bitcoin.
Volatility is the degree of variation of a trading price over time. In other words, volatility indicates the amount of uncertainty about the size of changes in an asset's value. The higher an asset’s spread of values means the higher volatility of it.
Volatility is a critical characteristic for investors as it shows both their risks and possible gains that comes with purchasing an asset. Cryptocurrency volatility is one of its most peculiar elements. As cryptocurrencies have no central authority and, correspondingly, no controlled emission mechanism, they are highly volatile. There are some other cryptocurrency features that make it volatile, such as having no intrinsic value, prevailing short-term investments and lack of institutional capital. Still, cryptocurrencies volatility is also what attracts a lot of investors and make it possible for the industry to develop so quickly after a lot of money was gathered due to the volatility of Bitcoin.
One of the biggest Bitcoin critics, Russian official Anatoly Aksakov, said he wanted to buy Bitcoin before the ban, but the price was too high.14660
JPMorgan analyst Nikolaos Panigirtzoglou said that a medium-term fair value for Bitcoin now stands between $24,000 and $36,000.17183
Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director.10587
While Bitcoin hodlers are seeing 2021's gains slowly diminish, one consistent crypto trading strategy has delivered over 3,000% since Jan 3 — and BTC isn't in the portfolio.28916
From two bucks to forty dollars, and back down to eleven before soaring to thirty-eight greenbacks... The stomach-churning ride of Livepeer (LPT) illustrates the benign volatility of crypto markets.31040
The BOJ governor says Bitcoin is a speculative play, while issuing warnings over price volatility.8292
Wild price fluctuations are likely in the top two cryptocurrencies as both record a dramatic spike in their 30-day realized volatility charts.49497
Spot gold last week hit its highest price level since Jan. 8 after dipping to as low as $1,680 in early March.13301
Massive volatility on crypto markets has been always associated with an uptick on stablecoin markets, a Tether exec noted.13339
Coinbase stock is the best way for investors to gain exposure to the crypto industry and avoid volatility, according to Goldman Sachs analysts.22292
Crypto volatility is an emerging vulnerability to Canada’s financial system, while stablecoins pose risks for the country’s monetary system, the Bank of Canada said.29259
Despite being up 400,000% since June 2011, Bitcoin’s place in investment portfolios is still up for debate according to some investment banking analysts.6021
A Federal Reserve president said he was “quite aware that crypto can be very volatile" but he personally did not see that as a concern for traditional markets.6786
Bitcoin is "not going to bounce right back," said Mike Novogratz right before it bounced back to the $42,000s.22770