Safe Haven Asset News

As regional bank failures rattle the financial markets, Bitcoin's price surges to the $28,500 level, showcasing its resilience and growing appeal as a safe haven for investors.

Professor of Finance at the New York University (NYU) Stern School of Business, Aswath Damodaran, has again criticized bitcoin, stating that the flagship cryptocurrency has failed miserably to function as a currency. Prof. Damodaran Says Bitcoin is Limited as a…

Despite the current market uncertainties some pundits point to gold and Bitcoin (BTC) as suitable hedges against future downturns. BTC remains of the best performing assets, maintaining its decoupling from mainstream stocks. Bitcoin and Gold as Hedge Against Uncertainties According…

Bitcoin (BTC) trading is currently seeing its highest correlation with the S&P 500 stock market index as panic over the coronavirus (COVID-19) pandemic is reportedly forcing investors to embark on massive portfolio de-risking. Bitcoin Trading Correlation with S&P 500 Reaches…

The Argentine Peso depreciated almost 25 percent against the USD overnight, showcasing the incremental damage being done to an already ailing economy. Economists across the globe have differing views as to how Argentina can tackle this crisis. According to analyst…

A new report from Grayscale Investments confirms a few significant data points that conclude Bitcoin can be considered a safe-haven asset. While the genesis cryptocurrency has not yet seen a recession, many believe that it will be a wealth creator…

Marcus Swanepoel, CEO of Luno, believes that contrary to the prevailing view that Bitcoin is a safe haven asset, it is actually just a speculative asset that offers irrational returns as well risk. Luna is a cryptocurrency exchange in the…