# Пов'язані статті щодо Diversification

Центр новин HTX надає останні статті та поглиблений аналіз на тему "Diversification", що охоплює ринкові тренди, оновлення проєктів, технологічні розробки та регуляторну політику в криптоіндустрії.

Has the Era of Global Central Banks 'Hoarding Gold' Come to an End?

The article questions whether the global central bank gold-buying spree, ongoing for 15 years, is ending. Citing a UBS report, it concludes that a structural shift to large-scale selling is highly unlikely. While the pace of purchases may slow to 800-850 tons in 2026 from 860 tons in 2025, central banks are expected to remain net buyers. The report challenges the narrative that recent sales, like Turkey's alleged sale of 50 tons, signal a trend. It argues Turkey's data is distorted by commercial bank positions and swaps, and its central bank uses gold for domestic liquidity management, not necessarily market speculation. Short-term price volatility is attributed to dollar strength and real interest rates, not central bank selling. The underlying logic for holding gold remains strong: over 60% of central banks follow a buy-and-hold strategy, with diversification being the primary motive. While short-term noise and price consolidation are expected, the medium-term outlook is bullish, with UBS forecasting an average 2026 price of $5000/oz and a year-end target of $5600/oz.

marsbit14 год тому

Has the Era of Global Central Banks 'Hoarding Gold' Come to an End?

marsbit14 год тому

Bitfarms grows revenue 72%, but losses widen – Here’s why!

Bitcoin mining faces significant pressure as hashprice drops to $30–$35, well below production costs of $80,000–$88,000 per BTC, leading to losses of $17,000–$19,000 per coin. Despite this, miners like Bitfarms continue expanding hashrate. Bitfarms reported a 72% revenue increase to $229 million, but net losses widened to $209 million due to non-cash accounting charges, including depreciation and Bitcoin price volatility. In response, the company is pivoting to high-performance computing (HPC) and AI infrastructure, with 2.2 GW of power capacity in development, aiming for more predictable revenue streams. This strategic shift may reposition Bitfarms as an infrastructure-focused business, reducing reliance on Bitcoin's cyclical volatility.

ambcryptoВчора 04:02

Bitfarms grows revenue 72%, but losses widen – Here’s why!

ambcryptoВчора 04:02

U.S. proposal to ease 401(k) rules could open door to crypto-linked investments

A new U.S. Department of Labor proposal aims to ease rules for 401(k) plans, potentially allowing greater inclusion of alternative assets like cryptocurrencies. The guidance clarifies fiduciary responsibilities under ERISA, emphasizing that investment decisions should be judged based on process rather than performance outcomes. This creates a "safe harbor" to reduce legal risks for plan managers who conduct thorough and objective analyses. While crypto is not explicitly mentioned, the framework could apply to digital asset investments as institutional products expand. The shift may encourage gradual diversification into non-traditional assets, reducing long-standing legal barriers and enabling broader access to alternative investments in retirement portfolios.

ambcrypto03/31 16:43

U.S. proposal to ease 401(k) rules could open door to crypto-linked investments

ambcrypto03/31 16:43

Crypto treasuries regain footing after recent downturn: Grayscale

After a challenging period since late 2025, digital asset treasuries (DATs) are showing signs of recovery, according to Grayscale's head of research Zach Pandl. Companies have adopted strategies such as optimizing capital structures, generating income, and diversifying business models to navigate the crypto downturn. For instance, Strategy shifted from convertible bonds to preferred stocks and established a $2.25 billion USD reserve, while BitMine aims to generate $300 million annually by staking its Ethereum holdings. Other firms, like MARA, sold portions of their crypto assets to invest in AI. Although some companies, such as Nakamoto, faced significant stock declines, forced sell-offs were limited overall. DATs have been net accumulators in recent weeks, indicating a return to stability.

ambcrypto03/28 04:45

Crypto treasuries regain footing after recent downturn: Grayscale

ambcrypto03/28 04:45

a16z: Without Relying on Interest Spreads or Burning Cash, How Does Revolut Become Europe's Most Profitable Neobank?

Revolut has emerged as Europe's most profitable neobank, achieving exceptional growth and efficiency without relying heavily on net interest income. In 2025, Revolut reported £4.5 billion in revenue (46% growth) and £1.7 billion in pre-tax profit (57% growth), with a remarkable 38% profit margin. Its user base grew by 30% to 68 million, while maintaining a diversified revenue stream across six business lines, none exceeding 22% of total income. Key to its success is a fee-based model (76% of revenue), contrasting traditional banks that depend on interest income. Revolut’s rule of 75% (revenue growth + profit margin) and 35% ROE far exceed industry averages. The company’s growth is driven by rapid customer acquisition, high user satisfaction (NPS double the industry average), and efficient operations enhanced by AI. With significant room to expand both its user base and average revenue per user (ARPU), particularly through primary account adoption and lending, Revolut is positioned to become a global banking leader. It has applied for a U.S. bank charter, underscoring its ambitious growth trajectory beyond Europe.

marsbit03/25 06:33

a16z: Without Relying on Interest Spreads or Burning Cash, How Does Revolut Become Europe's Most Profitable Neobank?

marsbit03/25 06:33

Bridgewater Founder Ray Dalio: The Concept and Mechanism of the All Weather Portfolio

Ray Dalio, founder of Bridgewater Associates, shares the core principles behind the All Weather Portfolio—a strategy designed to perform well across all economic environments with minimal need for market timing. The goal is to achieve returns significantly higher than cash or low-risk assets, with lower risk than traditional portfolios like the 60/40 stock-bond mix. Dalio emphasizes that cash, while safe from default, often yields the worst long-term real returns, especially during high inflation. The All Weather Portfolio is built on the concept of risk parity, balancing asset classes based on their risk contributions rather than capital allocation. By understanding how different assets (such as bonds, gold, inflation-linked securities, and commodities) react to changes in growth and inflation, the portfolio is structured to maintain stability. It aims to be passively held, avoiding market timing, which Dalio argues most investors—even professionals—cannot execute successfully. Originally developed for his family, the strategy has been refined over 30 years. Dalio encourages investors to understand and apply these principles to build confidence and resilience, particularly in volatile markets. He plans to release a detailed “recipe” for constructing such a portfolio in the future.

marsbit03/24 03:28

Bridgewater Founder Ray Dalio: The Concept and Mechanism of the All Weather Portfolio

marsbit03/24 03:28

Metaplanet’s $255M raise fuels plan to hold 210K BTC by 2027

Metaplanet has resumed its Bitcoin accumulation strategy after a three-month pause, raising $255 million through a stock sale to global investors. CEO Simon Gerovich indicated that an additional $276 million could be raised if investors exercise strike warrants, bringing the total potential funding to $531 million. The firm aims to increase its current holdings of 35,102 BTC to 100,000 by the end of 2026 and ultimately reach 210,000 BTC by 2027, which would represent 1% of the total Bitcoin supply. Despite a 12% drop in its stock price following the announcement, the company remains focused on leveraging stock volatility to fund its ambitious BTC targets. Meanwhile, BTC treasury firms have seen a 3.6% increase in demand over the past month, outpacing the 0.4% growth in BTC ETFs.

ambcrypto03/17 10:07

Metaplanet’s $255M raise fuels plan to hold 210K BTC by 2027

ambcrypto03/17 10:07

Understanding Theory ≠ Gaining Profit: 5 Common Math Mistakes Made by Highly Intelligent People

In the article "Knowing Theory ≠ Earning Returns: 5 Common Math Mistakes Made by Highly Intelligent People," crypto KOL darkzodchi explores why many highly educated individuals struggle financially despite their intellectual prowess, while less academically trained traders often succeed. The author identifies five key cognitive errors: 1. **Pursuing Precision Over Action**: Smart people often delay decisions to seek perfect accuracy, underestimating the cost of delay. The solution is to set deadlines and prioritize timely action over exhaustive research. 2. **Finding Patterns in Noise**: Intelligent individuals tend to overfit models by detecting false patterns in random data. The remedy is to apply statistical corrections (e.g., Bonferroni) and avoid complex strategies prone to noise. 3. **Misapplying Diversification**: Diversification is useful without an edge but harmful when one has a genuine advantage. The Kelly Criterion suggests concentrating bets based on the strength of the edge. 4. **Anchoring to Irrelevant Numbers**: People often fixate on past prices or values, impairing rational decision-making. Asking "Would I buy this today?" helps ignore sunk costs. 5. **Confusing Understanding with Action**: Knowledge alone doesn’t yield results; action and consistency are crucial. Small, real-world bets bridge the gap between theory and practice. The author emphasizes that markets reward simplicity, speed, and execution over complexity and perfection. Intelligent individuals must adapt by embracing practical action rather than endless analysis.

marsbit03/14 14:58

Understanding Theory ≠ Gaining Profit: 5 Common Math Mistakes Made by Highly Intelligent People

marsbit03/14 14:58

Ray Dalio: Gold is a better option than Bitcoin, tech stocks because…

Global economies faced significant uncertainty in 2025-2026 due to trade restrictions and geopolitical tensions, leading investors toward established assets like gold. According to Ray Dalio, gold is perceived as a safer, more established store of value, especially since central banks and individuals are acquiring it as a hedge against inflation and debt. Gold has shown strong performance, trading within an ascending channel and avoiding major drawdowns. In contrast, Bitcoin lags behind due to its lack of privacy and traceable transactions, which deter central banks from holding it. Dalio also notes that Bitcoin has a high correlation with tech stocks, making it vulnerable during market downturns. Investors tend to liquidate BTC during financial stress, adding downward pressure. While gold benefits from its role as a portfolio diversifier and sustained demand, Bitcoin remains influenced by global liquidity and risk sentiment. For Bitcoin to rival gold, a shift in demand and improved market liquidity would be necessary. Until then, gold is positioned to outperform.

ambcrypto03/04 15:02

Ray Dalio: Gold is a better option than Bitcoin, tech stocks because…

ambcrypto03/04 15:02

REX Shares bundles 9 ETFs into one GIF fund – Diversification or dilution?

REX Shares has launched the REX Growth & Income Universe ETF (GIF), a fund that bundles nine of its ETFs into a single product. The strategy aims to provide diversified exposure across multiple sectors—including technology, retail, and healthcare—with three of the underlying ETFs directly linked to crypto assets. Unlike traditional single-asset ETFs, GIF uses 1.25x leverage and covered calls on about half its holdings to generate weekly income, while the remainder stays invested for potential upside. This structure is designed to balance steady returns with growth opportunities and reduced volatility. The approach reflects a shift toward risk-managed crypto exposure, especially relevant in a post-halving market where pure price appreciation ETFs face significant outflows and downside pressure.

ambcrypto02/27 09:32

REX Shares bundles 9 ETFs into one GIF fund – Diversification or dilution?

ambcrypto02/27 09:32

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