Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
Bulls returned to defend short-term support in bitcoin and ether.
Kitco Gold will be backed by physical gold stored in vaults and track the real-time market value of the yellow metal.
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.
They will show resilience even if the central bank curtails its monetary stimulus program.
Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.
Atcoins are rising, ether hits another all-time high and bitcoin’s correlation to gold drops to zero.
The 88th anniversary of FDR's executive order 6102 brings a sobering reminder of the value of confiscation-resistant currency.
Bitcoin decouples from stocks and gold but remains inversely correlated to the U.S. dollar.
Bitcoin outshines gold as inflation expectations rise.
The dueling commodities inhabit different ends of the investor spectrum and can coexist in a portfolio, the analysts said.
The price of the leading cryptocurrency hit a new all-time high just shy of $53,000.