ARK Invest CEO Cathie Wood says Bitcoin (BTC) is effectively substituting gold as a store of value asset. In a new YouTube update, Wood says that she believes the crypto king is acting more as a risk-off asset and a “flight to quality” during times of economic uncertainty. “Last year, during the regional bank crisis […]
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Morgan Creek Digital co-founder Anthony Pompliano is assessing the state of Bitcoin (BTC) after the top crypto asset by market cap lost two-thirds of its value since reaching a new all-time high last November. In a new interview with Fox Business, Pompliano explains how Bitcoin’s price drop represents a divergence from its actual value because […]
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A veteran crypto investor says that current geopolitical events could help Bitcoin (BTC) transition into a store-of-value asset. In a new interview with Bloomberg Technology, CoinShares chief strategy officer (CSO) Meltem Demirors tells host Emily Chang that worldwide sanctions following Russia’s invasion of Ukraine, as well as truckers in Canada losing banking access during a […]
The post Geopolitical Tensions Could Transform Bitcoin Into a Risk-Off Asset, Says CoinShares CSO Meltem Demirors appeared first on The Daily Hodl.
