Cryptocurrencies Act as Safe Haven Amid U.S. Banking Crisis
Amid the ongoing banking crisis in the United States, cryptocurrencies have emerged as a safe haven, according to Cathie Wood, CEO of asset management firm ARK Invest. Wood criticized the…
U.S. Inflation Hits a 30-Year High – Is Bitcoin Cementing its Status as an Inflation Hedge?
Bitcoin (BTC) continues making significant strides because it has been smashing historic highs one after another this quarter. For instance, the leading cryptocurrency recently broke its previous record of $68,500…
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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…