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Economist Peter Schiff Declares ‘Bitcoin Fad is Over’ as Gold Prices Soar
19.4.2024
After the overnight Israeli retaliatory strikes against Iran, gold prices have settled around $2,388 per ounce, having briefly touched the $2,400 mark right after the events. Over the last five days, gold has increased by 1.85%, while bitcoin has declined by 8% since the onset of the conflict last...
Australian Senator: We Need to Acknowledge Crypto Is Not a Fad, Defi Presents Huge Opportunities
23.11.2021
Australian Senator Jane Hume says we need to acknowledge that cryptocurrency is not a fad, adding that there are huge opportunities in decentralized finance (defi). “We should tread cautiously, but not fearfully,” she said, emphasizing that “Australia mustn’t be left...
Morgan Stanley CEO Says Bitcoin Is Not a Fad, Crypto Is Not Going Away
15.10.2021
The chief executive officer of global investment bank Morgan Stanley says that cryptocurrency, including bitcoin, is not a fad. Noting that they are not going to go away, he said: “We’re watchful of it, we’re respectful, and we’ll wait and see how the regulators handle...