{"id":313,"date":"2024-09-26T15:46:58","date_gmt":"2024-09-26T15:46:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=313"},"modified":"2024-09-26T15:46:58","modified_gmt":"2024-09-26T15:46:58","slug":"bitcoin-shines-as-hedge-against-major-geopolitical-events-says-research-firm","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=313","title":{"rendered":"Bitcoin Shines As Hedge Against &#8216;Major Geopolitical Events,&#8217; Says Research Firm"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) tends to shine as a hedge <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/08\/40440845\/bitcoin-ethereum-have-official-blessing-from-establishment-due-to-geopolitics-and-growing-\">against geopolitical uncertainty<\/a>, according to a report by financial services and infrastructure firm NYDIG.<\/p>\n<p><strong>Bitcoin Options Data Shows Caution<\/strong><\/p>\n<p>Following the <a href=\"https:\/\/www.benzinga.com\/news\/large-cap\/24\/09\/41029162\/feds-favorite-inflation-data-friday-could-sway-november-interest-rate-cut-odds\">Federal Reserve\u2019s 50 basis point rate cut<\/a>, options market data shows an unexpected pattern in trader sentiment, according to the report.<\/p>\n<p>Despite bitcoin\u2019s rally, there was &#8220;an increase in implied volatility (IV) for downside protection (buying puts on bitcoin) and a decrease in IV of options used to position for an upside move (buying calls on bitcoin).&#8221; <\/p>\n<p>This indicates that traders may be skeptical about the sustainability of the recent price surge.<\/p>\n<p><strong>Corporate Adoption Of Bitcoin<\/strong><\/p>\n<p>On the corporate adoption front, Cathedra &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/41050565\/bitcoin-shines-as-hedge-against-major-geopolitical-events-says-research-firm\" alt=\"Bitcoin\" shines as hedge against geopolitical events says research firm>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) tends to shine as a hedge against geopolitical uncertainty, according to a report by financial services and infrastructure firm NYDIG. Bitcoin Options Data Shows Caution Following the Federal Reserve\u2019s 50 basis point rate cut, options market data shows an unexpected pattern in trader sentiment, according to the report. Despite bitcoin\u2019s rally, there [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-313","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=313"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/313\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}