latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Stronger Than Bitcoin (BTC)? New Research Shows Ethereum (ETH) Emerging As Hedge Against Economic Uncertainty

Stronger Than Bitcoin (BTC)? New Research Shows Ethereum (ETH) Emerging As Hedge Against Economic Uncertainty

In a new study published in the Economics Bulletin, researchers at San Jose State University in California, analyzed intraday data for Ethereum (ETH), the second-largest cryptocurrency, to see how it measures up as a hedge against volatility in traditional markets.
With some investors and traders turning to Bitcoin (BTC) amid plummeting stock prices, falling interest rates and failing fiat currencies , researchers Artem Meshcheryakov and Stoyu Ivanov say Ethereum’s potential is underappreciated.
“Most prior literature on crypto-currencies focuses on the analysis of Bitcoin and its characteristics.
In this paper, we attempt to fill the gap and analyze Ether, the second largest crypto-currency based on the Ethereum platform. In particular, we study on intraday basis whether Ether is a hedge, diversifier or a safe haven asset.”
Bitcoin and Ethereum are both based on blockchain technology. Just like Bitcoin, Ethereum has increased significantly in value since its introduction in 2015. Both are used as a medium of exchange, but the two cryptocurrencies are not alike. Meshcheryakov and Ivanov say the Ethereum platform offers more secure technology and protocols, as well as advanced functionalities that Bitcoin lacks.
The researchers analyzed Ethereum’s five-minute interval data from Dec. 12, 2017 to Dec. 31, 2018.

They compared price movements of ETH with those of the S&P 500 index, gold and the USD/euro exchange rate. They conclude that the data supports Ethereum’s potential as a hedge against the stock and gold markets.
“We find that Ethereum crypto-currency is a hedge against the US stock and gold markets. Also, Ethereum tends to behave as a safe haven for gold markets. When currency markets are concerned, we document that Ethereum is a diversifier for the US Dollar.”
You can check out the full study here .
Check Latest News Headlines
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Art tools design
The post Stronger Than Bitcoin (BTC)? New Research Shows Ethereum (ETH) Emerging As Hedge Against Economic Uncertainty appeared first on The Daily Hodl . shares this Contents with License.

Thank you for Share!


Search Crypto News


The latest Top News, from up to 70 Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


  • BlockChain Knowledge Base

  • Cryptocurrency Knowledge Base

  • Bitcoin Knowledge Base

    BITRSS | Submit Your Crypto NEWS not only Update the Sources several time a day and allow Visitors to follow and comment on the latest News; We accept submissions of your own Bitcoin and related Crypto stories.

    Our Team will evaluate in depth, human touch, if the Rss and Feeds Sources, will be in line with our policy.

    Protected by Copyscape

    Please support if you like it, share your favorite News to your Socials!

24h Most Popular News