Have you ever wondered how well stock prices and trading volume can be analyzed together? Scientists have come up with a tweaked version of an existing model, called the Barndorff-Nielsen and Shephard stochastic volatility model. Instead of trying to figure out instantaneous variance, which is hard
Imagine this: a fund based on a digital currency you might have heard of called Bitcoin has just overtaken a long-standing investment in gold. The iShares Bitcoin Trust (IBIT) is now worth more than the iShares Gold Trust (IAU), which has been a favorite among traditional investors. By Friday, IBIT
Bitcoin broke records, jumping over $82, 000 on Monday. This comes after the digital coin's rally, fueled by former President Donald Trump's pro-crypto stance. Meanwhile, European markets surged, catching up with last week's Wall Street rally. The DAX in Germany rose 1. 2%, while the CAC 40 in Franc
Binance, one of the world's largest cryptocurrency exchanges, and its former CEO, Changpeng Zhao (CZ), are being sued by FTX for a staggering $1. 8 billion. This legal battle comes after FTX filed a lawsuit claiming that Binance and CZ played a significant role in FTX's collapse last year. The lawsu
China's exports are skyrocketing, leaving many countries concerned about a massive trade imbalance. The gap between what China sells to the world and what it buys is growing rapidly. If this trend continues, China could hit a record $1 trillion trade surplus by the end of the year. This isn't just a
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
