Markets

Crypto Long & Short: Bitcoin's Taproot Update Shows How It's Not Like Gold

When Bitcoin undergoes a technological shift, it's a test of narratives that underpin the asset's value.

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Videos

Goldman Sachs Analyst Says Crypto Is an Alternative to Copper, Not Gold

Jeff Currie, Goldman Sachs’ head of commodities research, said Tuesday cryptocurrencies are not a substitute for gold when looking for an inflation hedge, but for copper. He noted that while gold is viewed as a haven asset, both bitcoin and copper behave as “risk-on” inflation hedges. “The Hash” panel digs into the assessment.

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Markets

Goldman Sachs Analyst Says Crypto Is an Alternative to Copper, Not Gold

The analyst noted both bitcoin and copper behave as “risk-on” inflation hedges, while gold is viewed as a haven.

Goldman Sachs

Markets

Risk-Off: Sour Sentiment on Wall Street May Have Added to Bitcoin's Plunge

Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.

The hot air has quickly escaped from the bitcoin market.

Markets

Gold Rallies as Bitcoin Languishes Around $56K

Gold is outperforming bitcoin amid a renewed drop in inflation-adjusted bond yields.

fine gold

Markets

Market Wrap: 'Ethereum Killers' Pop as ING Report Highlights Ethereum Over Bitcoin

Atcoins are rising, ether hits another all-time high and bitcoin’s correlation to gold drops to zero.

CoinDesk Ether Index

Finance

Bitcoin and Gold Are Complementary Investments

Crypto and gold aren't in zero-sum competition for investors' attention, says Russell Starr, CEO of Trillium Gold Mines.

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Policy

'Satoshi's Birthday': April 5 Is a Day to Be Thankful for Bitcoin

The 88th anniversary of FDR's executive order 6102 brings a sobering reminder of the value of confiscation-resistant currency.

FDR, shown here in 1943, cited a "national emergency" in his executive order banning gold holding 10 years earlier.

Markets

Bitcoin Decoupled From Stocks in Q1 as Institutional Demand Strengthened: CoinDesk Research

Bitcoin decoupled from stocks and gold but remains inversely correlated to the U.S. dollar.

Bitcoin's correlation with the Standard & Poor's 500 Index of U.S. stocks has declined to zero.