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Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods’ 50th anniversary

Bitcoin (BTC) is replacing gold even as United States’ regulators attempt to disrupt its advance, said Mike McGlone of Bloomberg Intelligence on Monday.The senior commodity market strategist credited the “digitization of money and finance” behind the Bitcoin market’s superior growth against gold, noting that the same factors helped the U.S.

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Ethereum Could Replace Bitcoin to Become Top Crypto Asset: Researcher

Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. Firstly, Ethereum’s full protocol upgrade to proof-of-stake from

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Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler

Bitcoin is unlikely to replace the greenback as a global reserve currency any time soon, according to one of the most highly regarded analysts in foreign exchange.“Backing the dollar is the world’s biggest, deepest and the most transparent government bond market,” Marc Chandler, chief market strategist at Bannockburn Global Forex

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Blockchain Exec Says Decentralized Platforms Won’t Necessarily Replace YouTube

YouTube’s bans on crypto-related content has been problematic for the industry and is spurring demand for decentralized alternatives.However, according to Wes Levitt, head of strategy at Theta Labs — the firm behind Theta.tv — both YouTube and decentralized platforms can co-exist. YouTube is increasingly banning crypto-related content. In April, Jason Appleton,

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