BTC: New Cryptocurrency Coin Mostly Underperform Relative to Bitcoin – Bloomberg

Three hosts, One topic, three takes. “Bloomberg Triple Take” takes one issue affecting global markets and the economy and splits it into three angles. The program hosted by Caroline Hyde, Romaine Bostick and Taylor Riggs uses the power of the Bloomberg Terminal, Bloomberg Intelligence and Bloomberg News to provide analysis and data that can’t be found anywhere else.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Technology exists today that could dramatically improve the safety of drivers, cyclists, and pedestrians. We’re just not using it, here’s why
Lumber Demand Remains Robust With Millennials Buying Up Homes
‘Scared Like Everybody Else’: Stocks Go From Shaky to Unhinged
Shopify Tumbles Below Pre-Pandemic Levels After Huge Profit Miss
Brookfield’s Venture Arm Cuts Biggest Check Yet for Musk’s Twitter Buyout
Facebook Parent Meta Slows Hiring in Cost-Cutting Push
Jean-Pierre to be First Black White House Press Secretary
Fiona Hill Says Putin Sensed West’s Weakness Before Ukraine War
A Texas Tale of Tinder, Millions in Stolen Crypto and Murder
Wall Street Bonuses Seen Sliding Up to 40% on Banking Slump
Ben Simmons Has Successful Back Surgery, Nets Announce
Red Bull Lands Another U.S. Sponsor in Deal With Hard Rock
Abortion Rights Falter as Democracy Slides
Powell Hampers the Federal Reserve With an Unforced Error
The Supreme Court Has Always Been Political
A Startup Found a Lifeline for Newspapers That Isn’t Advertising or Subscriptions
How Managing by Moonshot Doomed Zillow’s Home Flipping
Stock Market Bottom-Fishers Are Trawling Risky Waters
Biden Meets Amazon Union Organizer in Latest Jab at Retailer
CIBC Adds Gender Transition, Enhanced Child Care to Benefits
Illinois Is Poised to Be Lone Midwest Refuge for Abortion
Engie’s Power-Hungry Clients Help Ride Out Renewables Inflation
NASA Climate Research Scientist Wins World Food Prize
Cities Mobilize for Roe Reversal by Strengthening Abortion Safe Havens
The E-Bike Effect Is Transforming New York City
How Face-Me-I-Face-You Homes Became a Way of Life in Lagos
A Texas Tale of Tinder, Millions in Stolen Crypto and Murder
DeFi Exchange Says It Beats Larger Rivals Binance, Coinbase
Bitcoin Plunges the Most Since January; Altcoins Extend Losses

About 80% of freshly minted cryptocurrencies are underwater and their average returns are close to zero relative to Bitcoin within a year, according to a Jump Crypto analysis.
While there are a few high-profile outliers, the majority of new coins were underperforming within the first month, the public-facing crypto brand for Jump Trading Group found, after analyzing 3,759 tokens — excluding assets like stablecoins — that were listed on CoinGecko and CoinMarketCap between the middle of 2013 and the end of last year. Jump measured returns from the token’s inception through the end of 2021.


Leave a Reply

Your email address will not be published. Required fields are marked *