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Bitcoin [BTC] has provided far higher returns than most traditional assets, claims Binance research

Akash Anand

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Bitcoin [BTC] has provided far higher returns than most traditional assets, claims Binance research
Source: Pixabay

Bitcoin’s [BTC] recent surge has got the entire cryptoverse talking, with many in the space claiming that the king coin will rise to its former glories. According to Binance Research,

“Despite its perceived riskiness, Bitcoin $BTC has provided far higher returns than most traditional assets over the past 2 years based on the following risk indicators/ratios.”

When compared to traditional assets like tech stocks and crude oil, Bitcoin was placed first in terms of 2-year returns. While Bitcoin provided a 306 percent yield on investments, tech stocks could only furnish 46 percent in terms of yields. Gold, an asset that Bitcoin is trying to displace, gave a measly 2 percent in returns.

Source: Binance Research

Source: Binance Research

According to the research, there is clear disparity in returns when traditional assets and Bitcoin are compared. Agriculture, which is considered to be one of the most fundamental areas of the industry, was in the negative [minus 19 percent] when it came to appreciating investments in the area.

The Sortino ratio, which measures excess return, stated that Bitcoin noted a 283 percent increase over the past two years while tech stocks came in second at a much lower 190 percent. Agriculture was again the worst performer here, with a downtrend of negative 115 percent.



Source: Binance Research

Source: Binance Research

The next parameter that was used to compare the assets was the Sharpe ratio that measures excess returns per unit of both downside and upside risk. Bitcoin recorded a 117 percent increase over the course of two years while tech stocks came in a close second with a 116 percent rise.

Source: Binance Research

Source: Binance Research

The comparison between Bitcoin and other assets was also raised by Pension Partners’ Charles Bilello, who tweeted that Bitcoin offered a higher yield than government bonds in 18 countries.





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Bitcoin SV drops by a massive 24% in an hour after Bitcoin whitepaper patent backlash

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Bitcoin SV drops by a massive 24% in an hour after Bitcoin whitepaper patent backlash
Source: Unsplash

Bitcoin SV’s sudden surge from $65 to $195 was caused mainly due to FOMO after the news about Craig Wright’s patent on Bitcoin Whitepaper broke out. The coin did breach the top-10 list when it pumped; however, it settled down to its original position of 12. At press time, it overtook Tron, and is the 11th largest cryptocurrency according to CoinMarketCap.

The crypto, at press time, was priced at $112 and had a market cap of $1.98 billion, just below Cardano. BSV, in a 24-hour timeframe, was still up by a massive 77%; however, the price dipped by 24% in an hour, from $148 to $112.

Source: TradingView

The Bitcoin Whitepaper patent caused most of the prominent people in the community to lash out against Craig Wright. Monero’s Fluffypony, tweeted:

Peter McCormack, the host of What Bitcoin Did, podcast tweeted:

Although the copyright for the patent doesn’t fully mean that Wright is Satoshi, crypto Twitter started doing what it does best- troll. Alistair Milne tweeted:



BREAKING: world’s biggest dating app Tinder believes Craig Wright is Satoshi Nakamoto, having allowed him to register the username/handle “iamsatoshi” Alternative aliases he has also been successfully granted include: “iamricherthanyourcountry”
and “billionairemode1970”

Jake Chervinsky, a lawyer, tweeted:

Ironically, Bitcoin SV got delisted after its pump followed by a dump. Float SV tweeted:

“Based on a lack of trading volume, Float SV will be delisting BTC/USDT, BTC/USDC, and BTC/TUSD on Friday at 5pm CST. Details to come. Deposits and withdraws for associated assets will remain supported.”





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