English
Back
Download
Log in to access Online Inquiry
Back to the Top
Bitcoin surges as Trump talks backs crypto reserve: Will the rally continue?
Views 20.4M Contents 2166

News: US Treasury Department releases report calling Bitcoin digital gold

▪️Digital asset market cap remains low relative to other financial and real assets, and growth thus far does not seem to have cannibalized demand for Treasuries
▪️The use case of digital assets continues to evolve, but interest has proceeded along two main tracks
▪️Primary use case for Bitcoin seems to be a store of value aka "digital gold" in a decentralized finance (DeFi) world; speculative interest seems to have played a prominent role in the growth of digital tokens thus far
▪️ Efforts to leverage blockchain and distributed ledger technology (DLT) to develop new applications and improve the legacy financial market clearing and settlement infrastructure
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
1
+0
12
Translate
Report
38K Views
Comment
Sign in to post a comment

View more comments...

Spread kindness and love. Life is short. Don’t let greed eat you.
8803
Followers
53
Following
103K
Visitors
Follow