digital gold


Markets

Bitcoin Grapples with $28K Resistance, but ‘Uncorrelated Asset’ Allure Could Mean Higher Prices, Says Analyst

The crypto is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent it down nearly 2%.

BTC price today (CoinDesk)

Policy

Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say

Sound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said.

Zimbabwe flag (Nabil Kamara/ GettyImages)

Opinion

Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative

The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand.

(Rachel Sun/CoinDesk)

Opinion

La WIN en la Regulación de la Fed podría dañar la narrativa de Bitcoin en Wall Street

El repunte de las acciones de enero y el espectacular informe sobre el empleo pueden haber socavado algunas narrativas de compra de bitcoins, pero la verdadera propuesta de valor detrás de Bitcoin se encuentra mucho más allá de Wall Street en los Mercados emergentes, donde Bitcoin tiene una fuerte demanda.

(Rachel Sun/CoinDesk)

Opinion

La WIN Politiche della Fed potrebbe danneggiare la narrativa di Bitcoin a Wall Street

Il rimbalzo di gennaio delle azioni e il rapporto sull’occupazione ad eliminazione diretta potrebbero aver minato alcune narrazioni sull’acquisto di bitcoin, ma la reale proposta di valore dietro Bitcoin si trova ben oltre Wall Street nei Mercati emergenti, dove Bitcoin è in forte domanda.

(Rachel Sun/CoinDesk)

Finance

Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold

Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.

Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)

Videos

Apple Stock Outpaces Bitcoin

A chart by Bloomberg’s Joe Weisenthal shows Apple stock outperformed bitcoin in year-over-year returns. In this Chart of the Day report, Galen Moore reflects on whether both investments rest on the strength of a single offering — bitcoin as digital gold, and its iPhone sales in the case of Apple.

CoinDesk placeholder image

Markets

Why Bitcoin Is More Like a $100 Bill Than Gold

Data and headlines on bitcoin's use in commerce point to an attribute that sets it apart from the yellow metal.

$100 bill engraving of Ben Franklin peering out from a gap in a wall of binary code.

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digital gold | CoinDesk