Cryptocurrency Basics: Pros Cons and How It Works

While Bitcoin has established itself as digital gold, Dogecoin has carved out a niche as a lighthearted, community-driven cryptocurrency with surprising staying power. Originally launched as a joke in 2013, Dogecoin has since grown into a legitimate digital asset with a market cap in the tens of billions. A crypto portfolio tracker is a powerful tool that allows users to monitor the performance of their cryptocurrency investments in real-time. By connecting to various wallets and exchanges, these trackers can provide a comprehensive view of your crypto holdings and help you track your net worth over time.

BTCs realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement. Cryptocurrency also played a key role in stock price increases. The launch of a spot Bitcoin investment ETF in January boosted Bitcoin's credibility, leading to a rally in related stocks after Trump, who once called Bitcoin a 'scam', became more favorable towards it and was elected president.