• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin and Gold Comparison by Coinbase Analyst

user avatar

by Giorgi Kostiuk

a year ago

The recent analysis by Coinbase compared the potential role of Bitcoin and gold in the market. Supporters of Bitcoin have suggested that Bitcoin could function as digital gold in the future. Coinbase mentioned that the increasing adoption of Bitcoin as a digital gold alternative might attract new investors. The report also highlighted how the Federal Reserve's cautious approach to interest rate cuts negatively affected cryptocurrencies but positively impacted gold. According to analyst David Han, the introduction of spot Bitcoin ETFs led to increased capital flow into Bitcoin and potentially reduced volatility in the market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SafeMoon CEO Convicted, Raising Concerns Over DeFi Accountability

chest

Braden John Karony, CEO of SafeMoon, was convicted on fraud and money laundering charges, prompting increased scrutiny of token promoters in the U.S.

Nguyen Van Long

Analysts Boost Price Targets for Alphabet GOOGL Stock

chest

Following recent gains, analysts have raised their price targets for GOOGL stock, reflecting optimism about its future.

Wei Zhang

Lyft and Waymo to Launch Autonomous Ridehailing Service in Nashville

chest

Lyft and Waymo announced a partnership to launch an autonomous ridehailing service in Nashville, leading to a 13% increase in Lyft's stock.

Satoshi Nakamura

Alphabet GOOGL Stock Surges Following DOJ Case Win

chest

Alphabet's stock has seen significant gains after a favorable legal outcome and strong AI prospects.

Jesper Sørensen

Backed Finance Launches xStocks in Switzerland

chest

Backed Finance has registered in Switzerland to issue xStocks, digital representations of stocks like Tesla and Nvidia, attracting 30,300 unique holders.

Rajesh Kumar

Trump's Potential Meeting with Xi Jinping Gains Traction

chest

Traders on Kalshi are optimistic about a potential meeting between Trump and Xi Jinping this year, pricing in a 73% chance of occurrence.

Lucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.