Bloomberg warns Bitcoin gold debate premature
The debate over whether Bitcoin can replace gold as a safe-haven asset has resurfaced during the Iran conflict, but analysts warn it is too early to draw conclusions.
The debate over whether Bitcoin can replace gold as a safe-haven asset has resurfaced during the Iran conflict, but analysts warn it is too early to draw conclusions.
Bitcoin slipped to around $68,900 on March 26, falling roughly 3% in 24 hours as President Donald Trump’s 10-day pause on Iran strikes prolonged market uncertainty rather than calming investors.
Bitcoin traded at $69,678 at 10:30 a.m. Eastern time on Thursday, hovering near the $69,500 level after pulling back from an intraday high of $71,570.
Startale Group has raised $63 million in a Series A round backed by SBI Group and Sony Innovation Fund to expand its tokenised finance infrastructure in Japan.
Coinbase and Chainlink have expanded their partnership to deliver institutional-grade market data onchain, giving developers access to exchange-level data previously limited to centralised systems.
A US court has dismissed a lawsuit by crypto developer Michael Lewellen seeking legal protection for his software from money transmitter laws, ruling there was no credible threat of prosecution.
Bitmine Immersion Technologies has launched MAVAN, an institutional-grade Ethereum staking platform designed to run validator infrastructure for both its own holdings and external clients.
US President Donald Trump has appointed 13 members from the crypto, blockchain, AI, and technology sectors to his Council of Advisors on Science and Technology.
The Marshall Islands’ universal basic income programme has attracted crypto-connected backing, with M1X Global raising $3 million to support a digital sovereign bond tied to the initiative.
Bitpanda has launched Vision Chain, an Ethereum layer-2 platform designed to help European banks and fintechs issue and manage tokenised assets under MiCA and MiFID II regulations.
The European Central Bank aims to finalise key technical standards for a potential digital euro by this summer, allowing banks and merchants to begin preparing their systems.
An Indian court has granted bail to CoinDCX co-founders Sumit Surendra Gupta and Niraj Ashok Khandelwal, ruling that no prima facie case exists against them in a fraud complaint.