Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time
PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold. Go to Source Powered by WPeMatico
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Bitcoin still on track to reach $100K by 2023, says Bitbull Capital CEO
Joe DiPasquale, CEO at Bitbull Capital, discussed the role of Bitcoin in the Ukraine crisis and explained his bullish view on the crypto markets for the upcoming months. Go to Source Powered by WPeMatico
Bitcoin investors ‘buy the dip’ as BTC nears $40K, gaining 16% in less than 24 hours
While the number of Bitcoin addresses holding small quantities of BTC continues to increase. Go to Source Powered by WPeMatico
Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target
Bitcoin’s growth has quickly outpaced Nasdaq’s in the past ten years. Go to Source Powered by WPeMatico
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
But concerns remain that the cryptocurrency would fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones. Go to Source Powered by WPeMatico
11% of Central Bankers Consider ‘Cryptocurrencies Like Bitcoin’ Gold Alternatives: UBS Survey
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.” Central Bankers See Benefits in Investing in Cryptocurrencies Like Bitcoin The 27th Annual Reserve Management Seminar Survey by UBS explores the … Read more
Gold outshines Bitcoin in Q2 even after posting its worst month since 2016
Safe-haven rivals move inversely to one another in a quarter mired by mixed inflation reports, Elon Musk FUD, and a suddenly hawkish Federal Reserve. Go to Source Powered by WPeMatico
Miami mayor aiming for ‘the most progressive crypto laws’
“We want to make sure that we believe that if all things are equal, we win,” said Mayor Francis Suarez. Go to Source Powered by WPeMatico
Bitcoin is now worth more than a 20 ounce gold bar
As Bitcoin price topped $40,000 it became more valuable than a 20oz block of gold. Go to Source Powered by WPeMatico
Willy Woo: Signs that BTC is decoupling supports its ‘safe haven’ status
Bitcoin’s decoupling from stocks began within days of its NVT price hitting an all-time high, according to Willy Woo. Go to Source Powered by WPeMatico