Bitcoin Will Not Challenge Gold as a Safe-Haven Asset: Equity Analyst

Though many bitcoin investors believe multi-layer scaling solutions such as the Lightning Network (LN) will eventually make BTC a viable payment instrument for the proverbial coffee purchase, most argue that the flagship cryptocurrency’s primary short-term use case is as “digital gold.” However, an equity analyst at one of the world’s most respected investment research firms …

Coinbase Scores Major Whale for Institutional Brokerage Service: Report

Industry giant Coinbase has scored a major win for its recently-launched institutional brokerage service, as a major hedge fund has begun using its platform to dip its toe into the fledgling cryptocurrency market. Citing unnamed sources familiar with the matter, Business Insider reports that the $20 billion hedge fund — whose name was not disclosed …

Coinbase, Billionaire Peter Thiel Back New ‘Reserve’ Stablecoin

Coinbase and Silicon Valley investor Peter Thiel are among over 40 groups, funds, and angel investors backing the latest addition to the cryptocurrency ecosystem’s stablecoin arsenal, a new stable token called Reserve, which  closed $5 million in its first round of funding The stablecoin, which is pegged 1:1 to the value of USD, is in …

Cryptocurrency Can be a Safe Haven Asset

Join our community of 10 000 traders on Hacked.com for just $39 per month. Jeong Ki-wook, a former executive at Cisco and the founder of TrustVerse, a South Korea-based wealth management platform, said that cryptocurrency assets like bitcoin and ethereum can evolve into safe haven assets in the long-term. Reaching Stability In an interview with …