Market Wrap: Bitcoin Drifts Lower as Altcoins Outperform
Bitcoin buyers appear to be exhausted, while altcoins such as Avalanche’s AVAX rally.
Market Wrap: Bitcoin Rallies Ahead of $50K Resistance
Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
Bitcoin as Digital Gold?
This Sunday, Aug. 15, will be the 50th anniversary of the end of the Bretton Woods currency system, when then-President Richard Nixon ended the dollar’s convertibility to gold. Half a century later, the emergence of cryptocurrencies begs the question: what is the dollar worth?
Market Wrap: Bitcoin and Ether Rise on Bullish Sentiment
Bulls returned to defend short-term support in bitcoin and ether.
Precious Metals Data Provider Kitco to Issue Gold-Backed Stablecoin
Kitco Gold will be backed by physical gold stored in vaults and will track the real-time market value of the yellow metal.
Short-Term Return on Investment: Bitcoin Down 40%, Gold Remains Resilient
Is gold or bitcoin a safe-haven asset? Over the past few months, bitcoin’s returns have declined nearly 40%, while gold’s returns have only fallen roughly 1%. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.
Bitcoin, Gold Are Likely to Withstand Fed Taper, SkyBridge Capital Says
They will show resilience even if the central bank curtails its monetary stimulus program.
