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Bitcoin’s Safe Haven Narrative Revived As Correlation To Gold Hits ‘Levels Never Seen Before’

Bitcoin’s status as a safe haven almost became invalidated as the crypto-asset moved in lockstep with the United States equities in recent weeks. However, a new report by United States investment firm VanEck, reveals that bitcoin’s correlation to gold has significantly increased in 2020 due to the recent coronavirus-driven market downturn. The increased correlation to […] дальше »

2020-4-5 10:59


Bitcoin's 'digital gold' narrative might be getting traction despite COVID-19 fears

"Bitcoin itself has solidified its role as a store of value or as a digital gold"- Michael Sonnenschein, Managing Director at Grayscale Investments. The executive of the world’s largest Bitcoin fThe post Bitcoin's 'digital gold' narrative might be getting traction despite COVID-19 fears appeared first on AMBCrypto. дальше »

2020-3-25 16:00


Bitcoin, regardless of global concerns, will continue being 'safe-haven': Binance's Coley

People invest in Bitcoin believing it to be an uncorrelated asset; something which can be used as a hedge against financial calamity. Since Bitcoin was essentially born during one, the narrative only The post Bitcoin, regardless of global concerns, will continue being 'safe-haven': Binance's Coley appeared first on AMBCrypto. дальше »

2020-3-20 11:00


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Bitcoin Price Going To Zero? Binance CEO Changpeng Zhao Says He Won’t Let That Happen

After Bitcoin plummeted to levels not seen since 2019, many people started talking about the death of Bitcoin and the crypto market in general. The narrative about Bitcoin being a safe haven has been clearly compromised but many influencers and traders are saying that this is the best time to buy. Many analysts believe the […] дальше »

2020-3-17 15:48


Bitcoin enjoys 'negative to neutral' correlation with traditional asset classes

Whenever there have been times of economic uncertainty and geopolitical risk, many in the community have time and again collectively sprung up to echo the "used and abused" narrative of Bitcoin being The post Bitcoin enjoys 'negative to neutral' correlation with traditional asset classes appeared first on AMBCrypto. дальше »

2020-3-12 19:30


IOTA, Algorand, VeChain follow Bitcoin's footsteps to record considerable gains

Bitcoin continued to define the narrative for cryptocurrencies in 2020. When the fortunes of the king coin began to get better at the start of the month, smaller altcoins began echoing a similar sentiThe post IOTA, Algorand, VeChain follow Bitcoin's footsteps to record considerable gains appeared first on AMBCrypto. дальше »

2020-3-7 01:30