digital gold


Markets

Bitcoin Grapples with $28K Resistance, but ‘Uncorrelated Asset’ Allure Could Mean Higher Prices, Says Analyst

The crypto is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent it down nearly 2%.

BTC price today (CoinDesk)

Policy

Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say

Sound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said.

Zimbabwe flag (Nabil Kamara/ GettyImages)

Opinion

Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative

The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand.

(Rachel Sun/CoinDesk)

Finance

Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold

Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.

Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)

Videos

Apple Stock Outpaces Bitcoin

A chart by Bloomberg’s Joe Weisenthal shows Apple stock outperformed bitcoin in year-over-year returns. In this Chart of the Day report, Galen Moore reflects on whether both investments rest on the strength of a single offering — bitcoin as digital gold, and its iPhone sales in the case of Apple.

CoinDesk placeholder image

Markets

Why Bitcoin Is More Like a $100 Bill Than Gold

Data and headlines on bitcoin's use in commerce point to an attribute that sets it apart from the yellow metal.

$100 bill engraving of Ben Franklin peering out from a gap in a wall of binary code.

Markets

'Stacking Sats' vs. 'ETH Is Money' - The Memes That Shaped 2019

NLW breaks down ten memes and narratives that dominated the crypto conversation in 2019.

Breakdown d18 yellow

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