New Coinbase Store-of-Value Index combines dynamic Bitcoin and gold exposure to maximize alt-asset upside | Crypto Craft

  • New Coinbase Store-of-Value Index combines dynamic Bitcoin and gold exposure to maximize alt-asset upside

    From kitco.com

    COINSOV, a new store-of-value index, aims to give investors the advantages of gold’s relative safety against downside risk with the strong upside potential that Bitcoin delivers when risk appetite rises, MarketVector and Coinbase announced on Thursday. “The definition of ‘store-of-value’ is expanding beyond a ‘gold-only’ approach,” the firms said in the announcement. “Against a backdrop of increasing global debt, rising deficits, and persistent monetary debasement, investors are looking for ways to preserve their wealth.” The index is a collaboration between global index provider MarketVector ... (full story)

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