Bitcoin, the popular cryptocurrency, broke its own record by hitting over $80, 000 shortly after Donald Trump's presidential victory. This big win sent shockwaves through the crypto market, causing Bitcoin's value to skyrocket. At the same time, stock markets were celebrating too, reaching their hig
On a Sunday filled with excitement, Bitcoin reached a new peak, hitting $80, 000 for the first time. This incredible surge was part of a broader rally in cryptocurrencies, with Bitcoin's price jumping by nearly 5% to $79, 800. 19. Ethereum, the second-largest cryptocurrency, also saw a rise, climbin
Deep learning has made waves in various fields by handling complex data with ease. One such area is financial time-series prediction, specifically predicting stock price volatility. This involves forecasting if the prices will go up, down, or stay stable. Researchers have been digging into this for
Spotify, the music-streaming giant, achieved a significant milestone. Its stock closed above $400 for the first time ever on November 8th. The company, based in Stockholm, Sweden, now carries a valuation close to $80. 5 billion. This comes after a notable increase of 113% in its stock price this yea
Did you know that trading Bitcoins in the EU doesn't involve VAT? The EU Court set this rule back in 2015 with the "Skatteverket v. David Hedqvist" case. The decision sparked from a Swedish citizen, David Hedqvist, who queried the Swedish Tax Authority about Bitcoin trades. The ruling considers such
Ever wondered if your investment strategy is truly the best among many options? A clever test, called the intersection-union test, helps answer this question. This test compares the Sharpe ratio of your chosen investment strategy with others. Unlike other tests, it considers the fact that investment
Ever wondered how trading strategies are designed to never run out of cash? That’s where self-financing comes in! It’s a clever concept that blends math and money. Back in the late '70s, two smart guys, Harrison and Kreps, first introduced this idea. Later, Harrison and Pliska broadened it, making i
Let's talk about an interesting mix: weather forecasting and financial tools. You might be wondering why these two seemingly different worlds would ever meet. Well, there's a connection that's not just fascinating but also a bit complex. First, let's chat about weather derivatives. These are like i
Belarusian banks are taking a big step forward by adopting international financial reporting standards. This shift involves a careful look at how banks account for loans and conditional obligations. The main guidelines they're following are the International Financial Reporting Standards (IFRS) 9 an
Nobel laureate Paul Krugman was not a fan of cryptocurrencies back in 2019. He saw their future as dim. But even he couldn't deny that cryptocurrencies are big players today. They've changed how we think about money and finance. Governments are watching closely, trying to keep up with these digital
