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MARKETS DAILY HOLIDAYS: Hot Wallets and Cold Storage?
On today’s holiday episode, we’ll define and demystify the blockchain concepts of “Hot Wallets” and “Cold Storage.”
Updated Sep 13, 2021, 11:53 a.m. Published Dec 30, 2019, 5:00 p.m. 1 min read
On today’s holiday episode, we’ll define and demystify the blockchain concepts of “Hot Wallets” and “Cold Storage.”
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BTC's three-month uptrend against gold has broken down amid strong inflows into gold and precious metals ETFs.
What to know:
- Bitcoin’s three-month uptrend versus gold has broken down.
- ETF flows point to a renewed bias for hard assets, with over $2 billion exiting BTC funds while gold and precious metal ETFs attract fresh inflows.
- The shift signals weakening momentum for bitcoin as a “store of value,” with gold poised to...
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