Why Deutsche Bank sees Bitcoin (BTC) becoming ’21st century gold’
No more volatile than gold was for centuries, Bitcoin has the potential to replace the precious metal, Deutsche Bank believes.
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No more volatile than gold was for centuries, Bitcoin has the potential to replace the precious metal, Deutsche Bank believes.
Andjela Radmilac 2 min read
S&P Global said Bitcoin as legal tender in El Salvador may have negative consequences for its credit rating.
Since 2011, over $1.65 billion worth of cryptocurrency has been stolen from exchange wallets, and this number is increasing rapidly.
The London bank noted Ethereum could perform better than Bitcoin over the next few years, but not without its own set of risks.
The Wall Street giant increased its crypto exposure with large investments in the Grayscale Bitcoin Trust.
At the very least, he shouldn’t be the only one.
The world’s largest stablecoin reveals its asset breakdown in a new assurance report.
While the goals of cryptocurrencies often differ dramatically from that of central bank digital currencies (CBDC), they provide evidence of feasibility and proof of concept for retail deployment of digital currencies at scale.
JPMorgan’s report criticized El Salvador’s Bitcoin legislation, while addressing potential risks for the country’s monetary system and the Bitcoin network.