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BTC Rallies During Iran Crisis as $1.5B Floods Into ETFs
Bitcoin defies weekend geopolitical chaos with ETF inflows hitting $1.5 billion as Iran tensions test crypto's safe haven credentials.
PAXG Hits $2B Market Cap as Tokenized Gold Demand Surges 450%
Paxos breaks down how physical gold becomes PAXG tokens as the gold-backed crypto hits $4,997 amid flight to safety. Here's what traders need to know.
Cryptocurrencies Act as Safe Haven Amid U.S. Banking Crisis
Amid the ongoing U.S. banking crisis, CEO of ARK Invest, Cathie Wood, praised cryptocurrencies for acting as a safe haven. Wood criticized the Federal Reserve's inability to prevent bank runs and blamed their policy failure for the current banking crisis. Wood projected crypto as a solution to the central points of failure and regulatory mistakes in the traditional financial system.
U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?
With Bitcoin continuously smashing historic highs one after another, is the top cryptocurrency showcasing its safe-haven capabilities?
Bitcoin Inches Closer to a Market Value of $1 Trillion
Bitcoin is making notable strides because its current bull run has resulted in its market value being a stone’s throw away from the $1 trillion mark.
Chamath Palihapitiya Sees Bitcoin as a Hedge Against Economic Uncertainty
Chamath Palihapitiya, the founder and CEO of Social Capital, reveals that Bitcoin acts as a hedge against global uncertainty caused by the pandemic.
Public Demand for Bitcoin over Gold Could See BTC Price Target Hit $146,000, according to JPMorgan
JPMorgan believes that a crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term.
Bitcoin and Gold can Coexist, according to Goldman Sachs
Investment giant Goldman Sachs has delved into the issue of how Gold and Bitcoin can coexist together as the BTC continues to cement its status as a safe-haven.
Bitcoin Price Surges to 2020 High of $15,960, MicroStrategy Sees $182 Million Increase
The Bitcoin price reached a new high for 2020 gaining over 12% in the last 24 hrs to reach $15,960. MicroStrategy has reported a $182 million gain in their BTC reserve value.
Bitcoin Price Bull Run Sees Grayscale Investments add $300M AUM in One Day
Grayscale Investments CEO Barry Silbert has announced a breathtaking increase of $300 million in AUM after a single day this week as Bitcoin went on its $13K bull run.