Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood

by CryptoExpert

February 13, 2024

in Business

Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood

ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin ETFs, offering investors streamlined access to the cryptocurrency. Cathie Wood Says Investors Are Shifting From Gold to Bitcoin Amid Financial […]

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STRC Nearly Hits $100 After Bitcoin Giant Strategy Breaks Buyback Promise

Binance to Shut Down Crypto Mining Pool in November

South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank

Tags: Bitcoin

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STRC Nearly Hits $100 After Bitcoin Giant Strategy Breaks Buyback Promise

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South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank

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South Korea's Bitcoin Lending Experiment Begins at Jeonbuk Bank

Key TakeawaysEdaily and Maeil Business Newspaper detailed that Jeonbuk Bank has executed South Korea’s first reported traditional bank loan secured by bitcoin.New rules effective Oct. 1 let Jeonbuk...

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XRP ETF Buyers Refuse to Quit Despite Sitting on a $230M Paper Loss

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Key TakeawaysBitwise’s XRP fund supplied $10.55M of the Oct. 5-9 inflow, while Canary’s XRPC lost $3.34M.Sosovalue data puts XRP ETF assets at $1.57B against $1.8B in lifetime inflows,...