Cryptocurrencies and the wider blockchain ecosystem are helping change the status quo of how we conduct our day-to-day lives. With these emerging technologies, Web3 is being ushered in as a permissionless and open innovation using middleware blockchain protocols. By doing so, they’re replacing middlemen software-as-a-service (SaaS) companies by capturing value at a greater … [Read more...] about Web3 innovations are replacing middlemen with middleware protocols
Replacing
Data shows Bitcoin is ‘replacing’ gold as a store of value
Bitcoin, the ‘digital gold,’ is giving the real deal a run for its money. Or at least the data shows so.Gold will see use in jewelryData from Bloomberg shows investors are scooping up Bitcoin at an unprecedented rate in current times, with the cryptocurrency fast becoming a part of portfolios around the world.Much of the push is led by investors seeking an alternative, … [Read more...] about Data shows Bitcoin is ‘replacing’ gold as a store of value
Bitcoin Replacing Gold is Happening – Bloomberg Report
Quick summary:Bitcoin is replacing gold in investment portfolios is acceleratingBitcoin has gained legitimacy with declining volatility and is increasingly becoming a global digital store of value$100k is the logical next threshold for BitcoinShort-term, Bitcoin could dip to $42kdue to a weakening stock marketThe team at Bloomberg has released their monthly Bitcoin Outlook … [Read more...] about Bitcoin Replacing Gold is Happening – Bloomberg Report