Standard Chartered's Geoffrey Kendrick, has found a strong correlation between Bitcoin and the Nasdaq Composite.
Tesla has long been a cornerstone of the 'Mag 7'—a group of elite tech stocks that have defined market growth over the past ...
Bitcoin could be viewed as serving multiple purposes in a tech portfolio, paving the way for more institutional buying, the ...
Bitcoin (CRYPTO: BTC) may have outgrown its status as just a hedge against traditional finance risks and is increasingly ...
Standard Chartered tested a Magnificent 7 index with Bitcoin and found it outperformed. Learn if Meme Index is a Mag 7 for ...
Bitcoin is frequently viewed as “digital gold” and a hedge against risks facing the traditional financial sector.
According to Kendrick, replacing Tesla with Bitcoin in the "Mag 7B" can yield larger returns and reduced volatility than the original Mag 7, suggesting Bitcoin can balance a portfolio better than ...
Bitwise has expanded its Bitcoin Standard Corporations Index OWNB as it deepens its footprint in the crypto ETF market ...
To illustrate this, Standard Chartered created a hypothetical index dubbed “Mag 7B,” which inserts Bitcoin into the popular “Magnificent 7” tech-stock basket while removing Tesla.
Standard Chartered developed a modified version of the 'Magnificent 7' tech index, named 'Mag 7B', by substituting Tesla with ...