Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation.

Jeff Currie - an executive at Goldman Sachs - surmised that digital assets are a replacement to copper, not gold.

The Head of Commodities Research for Goldman Sachs says digital assets are "risk on" making them more like copper than gold.

The post Goldman Sachs’ head of commodities research says crypto is more like digital copper than gold appeared first on The Block.

Elon Musk, the CEO of Tesla, released a bombshell tweet in May when he said that Tesla had suspended Bitcoin payments. Musk’s tweet was the [...]

Welcome back, Saifedean Ammous’ “The Bitcoin Standard” lovers! Two episodes in a row, because we are committed to doing a whole chapter each week. The last time, we learned why humanity chose gold as the soundest form of money. Now, we’re opening the history books and telling you exactly how everything came to pass. Needless […]

Welcome back, Bitcoin lovers! For those who’re just tunning in, we’re currently exploring “The Bitcoin Standard” by Saifedean Ammous. When we finish with the third chapter, you’ll know exactly why humanity picked gold as the most precious of metals and its form of money of choice. The reasons are unarguable. Humanity was extremely clever to […]

Crypto’s worst month this year sees the smallest volume of options contracts.

Chile will use blockchain technology to track the use and flow of energy that is created through renewable mechanisms. The new technology...

The post The Future of Banking — Brought to you by Copper appeared first on The Block.

Will the 'everything rally' continue or should investors worry that a sizable crash is imminent?