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digital gold
The term **"digital gold"** typically refers to cryptocurrencies—most commonly **Bitcoin**—that are seen as a store of value similar to physical gold. The phrase highlights shared characteristics such as scarcity, difficulty to counterfeit, and use as a hedge against inflation or unstable traditional currencies, while emphasizing that the asset exists entirely in digital form.
BlackRock: Clients View Bitcoin as Digital Gold, Not a Global Payment System
BlackRock’s head of digital assets, Robbie Mitchnick, says the firm’s clients are not interested in bitcoin as a payment instrument. Instead, they overwhelmingly treat it as a long-term store of value - a form of...
Bitcoin ETFs See $446 Million Inflow as Ethereum Funds Face Two-Week Outflow
Bitcoin exchange-traded funds (ETFs) recorded a net inflow of $446 million this week, signaling renewed institutional confidence in the flagship cryptocurrency. At the same time, Ethereum ETFs experienced a second...
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