Bloomberg

The inverse correlation of Bitcoin and RMB increases over time. This may indicate that the Chinese are increasingly considering BTC as a protective asset, according to Bloomberg. Reverse interdependence peaked at the end of August: According to Garrick Haileman, researcher at the London School of Economics and the head of the research department at Blockchain.com, this trend became more pronounced back in […]

The growth in the rate of cryptocurrencies should increase the demand for real physical assets, in particular, for gold. This was in a conversation with Bloomberg, a well-known investor in emerging markets, founder of Mobius Capital Partners, Mark Mobius. According to him, the long-term prospects of gold are growing amid weakening of the monetary policy of central banks. “In an attempt to lower interest rates, central banks will print money […]