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.
Bitcoin and Gold Comparison by Coinbase Analyst

by Giorgi Kostiuk
2 years ago

Other news
3iQ and Scotiabank Launch Dynamic Active MultiCrypto ETF

3iQ, in collaboration with Scotiabank, has launched the Dynamic Active MultiCrypto ETF, allowing investors to access Bitcoin, Ether, Solana, and XRP through a single product listed on Cboe Canada.

CLARITY Act Faces Uncertain Future Amid Banking Sector Opposition

The long-anticipated CLARITY Act may not be signed into law in 2026 due to intensified opposition from the banking sector over stablecoin regulations.

Coincheck to Acquire 3iQ for $112 Million

Coincheck has agreed to acquire 3iQ for approximately 112 million in stock, expected to close in Q2 2026, enhancing its presence in the North American cryptocurrency market.

Bitcoin Spot ETFs See Positive Netflow Trend After Sustained Outflows

Bitcoin spot exchange-traded funds (ETFs) have seen a significant increase in their 14-day netflow trend, indicating a shift from sustained outflows to positive inflows.

Dogecoin Price Adjustment and Support Zones.

Dogecoin has experienced a price correction, trading below 0.10 against the US Dollar, with current support at 0.0920.

Solana Secures Second Place in USDC Circulation

Solana has secured the second position in USDC circulation, trailing only Ethereum, indicating its growing significance in the stablecoin market.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter