digital gold

Bill Miller IV, chairman and CIO of Miller Value Partners, suggests that Bitcoin (CRYPTO: BTC) could skyrocket to an astonishing $1.7 million per coin if it gains recognition as ‘digital gold’. Miller’s statement comes amidst a period when gold is reaching record highs, leading...

Coinbase (NASDAQ:COIN) CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) may emerge as the world's new reserve currency, pointing to mounting global deficits and rising economic uncertainty as catalysts for a shift away from fiat systems. Armstrong said that Bitcoin could evolve into the world’s...

JPMorgan Chase & Co. (NYSE: JPM) explored a hypothetical scenario where Bitcoin's (CRYPTO: BTC) market capitalization reaches parity with gold's presence in investment portfolios. What Happened: According to the bank's research, achieving such a milestone would escalate Bitcoin...

Research firm Messari published its latest Crypto Theses report,  and it paints a vibrant picture of optimism for certain digital assets, as well as excitement surrounding artificial intelligence (AI)-powered tokens. Messari analysts emphasized Bitcoin (CRYPTO: BTC) as "digital gold...

U.S. Sen. Ted Cruz has shown great enthusiasm and bullishness toward Bitcoin (CRYPTO: BTC), stating that he is excited about the cryptocurrency's potential and especially its role as the dominant player in the crypto market. The Texas Republican said the analogy of digital gold...

The market capitalization of tokenized gold assets has crossed the $1 billion milestone, coinciding with the near-record high price of gold. Tokenized gold, a form of stablecoin, mirrors the price of gold. It also allows investors to own physical gold through blockchain tokens without the expenses...