Useful Tips

View all
BTC correlation to gold hits record high

Bitcoin is golden!

Bitcoin seems to become digital gold in 2020. This can be stated based on the price trends and correlations in the futures market. According to Coin Metrics data the positive correlation between BTC and gold has increased since the beginning of July and is now at a record level above 0.5. The sensitivity of the cryptocurrency to the movements in risk assets, mainly stocks, may decrease. Also, Bitcoin's hashrate has risen to record highs near 150 exahashes per second. Not bad, huh?

It seems that in these uncertain, pandemic times, investors are gravitating towards saving assets such as gold and Bitcoin. And these assets will continue to be in high demand.

As Robert Kiyosaki, the author of bestseller “Rich dad, poor dad”, said on his Twitter page: “Great time to buy more gold, silver, and bitcoin”.

Published: 13.02.2021

Recently Added

Become a Blockchain Superhero with CT Pool Affiliate
USEFUL TIPS

Become a Blockchain Superhero with CT Pool Affiliate

Arthur C. Clarke's third law states: "Any sufficiently advanced technology is indistinguishable from magic". In this sense, any miner is almost indistinguishable from Tony Stark, Thor or Doctor Strange in the eyes of ordinary people. Blockchain (like the Iron Man suit) is an example of a mysterious and incomprehensible technology, inaccessible to most people.
NC Wallet: together stronger!
USEFUL TIPS

NC Wallet: together stronger!

You already know about the incredible opportunities that the user of the ecosystem can enjoy with NC Wallet. Priority withdrawals, interest on the account balance in any currency, the ability to exchange currencies at the market rate right in the app... Now one more feature has been added to this list.
Mining on Telegram: any currency, any income, one chat!
USEFUL TIPS

Mining on Telegram: any currency, any income, one chat!

Do you use Telegram? If not, we suggest you try this one of the most popular private messengers in the world. And if yes, then we have great news! Now mining of any crypto with CryptoTab is available right on Telegram!
Scroll to top