Bitcoin's recent rally to a new all-time high above $23,000 has drawn attention to the asset, as analysts and institutional investors increasingly liken Bitcoin to gold. The latter doesn't need to fear for its safe haven status, however, according to Goldman Sachs Group. As reported

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

At the Economics of Payments IX conference in November 2018, European Central Bank (ECB) executive board member Benoît Cœuré described Bitcoin as "the evil spawn of the financial crisis." Cœuré's remarks, in unison with Bank of International Settlements (BIS) general manager Agustín Carstens' statement that

In a report titled "Konzept #19 - What We Must Do to Rebuild" that was published this week, Deutsche Bank listed economic evaluations and proposals to aid global economies hit by the COVID-19 pandemic. Containing sections related to environmentalism, small business protection, and the radical "work from

Data released by the Federal Reserve on Thursday has shown a new all-time high in the central bank's balance sheet. The U.S. monetary authority now holds $7.177 trillion worth of assets—from exchange-traded funds and Treasuries to mortgage-backed securities and credit facilities.  $7.177 trillion is

Many of the world's foremost central banks are signaling that the monetary world is about to undergo a dramatic overhaul. At the core of this: central bank digital currencies (CBDCs), government-sanctioned digital assets that will theoretically allow an expansion of monetary policy and encroachment on privacy.  Analysts say