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CME Bitcoin Futures Open Interest Soars, Institutions Look at BTC as Inflation Hedge
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Bitcoin News, Commodities & Futures, Cryptocurrency News, Market News, News

CME Bitcoin Futures Open Interest Soars, Institutions Look at BTC as Inflation Hedge

By • 3 mins read

The open interest for CME Bitcoin Futures has surged over 100% over the last month as concerns of inflation drive institutional players to the crypto market. Institutions see BTC as a good hedge while the central banks continue to add more money to the ecosystem.

Goldman Sachs Says U.S. Dollar Could Lose Its Status of World’s Reserve Currency, Bullish on Gold
By • 3 mins read
Bitcoin News, Business News, Commodities & Futures, Cryptocurrency News, Currencies

Goldman Sachs Says U.S. Dollar Could Lose Its Status of World’s Reserve Currency, Bullish on Gold

By • 3 mins read

Goldman strategists said that the fragile economic condition, with interest rate at an all-time low, and the uncertain political scenario, have added to the instability of the USD showing signs of real concerns for it to continue as the world’s reserve currency.