In Volatile Markets, RWAs Like Gold Are A Lifeline | ZeroHedge

Authored by Kevin Rusher via CoinTelegraph.com,

It’s a volatile world out there. This year, we’ve seen stocks take a wild ride as gold has pumped and crypto has been caught somewhere in the middle. Investors have dumped risk assets and scrambled for safe havens. Gold is leading the charge.

While gold is safe, it is not very hard-working. Unlike cash and treasuries, the yellow metal does not generate income. Now, more than ever, investors need to be able to earn yield on (more…)

Continue ReadingIn Volatile Markets, RWAs Like Gold Are A Lifeline | ZeroHedge

Arizona Becomes Second State To Establish Strategic Bitcoin Reserve | ZeroHedge

Authored by Oscar Zarrage Perez via BitcoinMagazine.com,

Arizona has made history by becoming the second state in the U.S. to create a Strategic Bitcoin Reserve. 

On Thursday, Governor Katie Hobbs signed House Bill 2749 into law, officially launching the Arizona Bitcoin & Digital Assets Reserve, a pioneering move that channels profits from unclaimed property into Bitcoin and other top-tier digital assets.

The bill outlines several key features: (more…)

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Bitcoin Retakes $100,000; StanChart Sees New Record High Imminent | ZeroHedge

Bitcoin just topped $100,000 for the first time since early February…

And Standard Chartered's Geoffrey Kendrick thinks a fresh all-time high for Bitcoin is coming soon (his specific target of USD120k for Q2 looks very achievable).

The dominant story for Bitcoin has changed again.

  • It was correlation to risk assets (see Bitcoin – another tech stock? note attached, from March).

  • It then became a way to position for strategic asset reallocation out (more…)

Continue ReadingBitcoin Retakes $100,000; StanChart Sees New Record High Imminent | ZeroHedge