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Goldman Sachs Calls Bitcoin ‘the Retail Inflation Hedge’ That’s Not a Threat to Gold
20.12.2020
Goldman Sachs’ head of commodities research calls bitcoin “the retail inflation hedge” and likens the cryptocurrency to copper. He says gold and bitcoin can co-exist and does “not see bitcoin’s rising popularity as an existential threat to gold’s status as...
Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold’s Safe Haven Days Are Numbered
11.12.2020
A great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian company converted all of their cash reserves into bitcoin. On Friday, Tahini’s tweeted about...
Founder of World’s Largest Hedge Fund Ray Dalio Sees Bitcoin as Gold Alternative in Portfolios
11.12.2020
Billionaire hedge fund manager Ray Dalio, a long-time bitcoin skeptic, is warming up to the cryptocurrency. The founder of Bridgewater Associates, the world’s largest hedge fund, now says that bitcoin “could serve as a diversifier to gold and other such storehold of wealth...
Bitcoin, gold to benefit as Peter Schiff predicts ‘worst year ever’ for US dollar
2.12.2020
Multiple voices forecast a weaker dollar in the long term, starting now, in a prime boost for safe havens
Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin
30.11.2020
Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third...
‘No debate’ that Bitcoin will increase 20X says gold industry insider
25.11.2020
Dan Tapiero told Anthony Pompliano that $15 trillion in institutional capital could flow into Bitcoin, pushing prices as high as $500,000
Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation
20.11.2020
Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold...
Citibank Executive Says Bitcoin Could Pass $300K by December 2021
16.11.2020
A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin
Report: Bitcoin Set for its Biggest Breakout Yet
30.10.2020
A recent Coinmetrics report says on-chain fundamentals are hinting at bitcoin experiencing its biggest breakout yet. The report notes that bitcoin is already showing signs of this following its rise by about $1,000 in one day on October 21. The digital asset has subsequently set a new all-time high...
Bitcoin’s Rivalry With Gold Plus Millennial Interest Gives It ‘Considerable’ Upside Potential: JPMorgan
24.10.2020
A Friday note outlines institutional, corporate, and Millennial interest in the leading cryptocurrency
All Currencies Will Be Pegged to Bitcoin, Says ‘Price of Tomorrow’ Author Jeff Booth
3.10.2020
Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin will become the world’s reserve currency and...
Novogratz: Dangerous Time to Be in Stocks, Bitcoin Has More Upside Than Gold
27.9.2020
Galaxy Digital CEO Michael Novogratz explains why it is a dangerous time to be in the stock market right now, leading up to the U.S. presidential election. While bearish on the dollar, Novogratz is bullish on bitcoin and gold but thinks that bitcoin has more upside than gold. Dangerous Time to...
Bitcoin’s Correlation With Gold Hits Record High
9.9.2020
Bitcoin is now more closely tied to safe-haven gold than ever
Schiff buys more Bitcoin: But there's a twist
7.9.2020
It all goes horribly wrong for Peter Schiff, as Twitter rejects his advice in favor of his college freshman son’s wisdom
Bitcoin Gold Appears Super Bearish After Plummeting Below $10
7.9.2020
Bitcoin Gold—one of the cryptos with exact Bitcoin fundamentals, is ranked amongst the top 100 coins of the global market and is mined on common GPUs in place of specialty ASICs. Alongside, over the period, BTG has developed into a massive ecosystem with listings on over 75 exchanges, available...
Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks
4.9.2020
Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says
Bitcoin Will Break Out This Year, Says Devere CEO
30.8.2020
The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to...
Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets
28.8.2020
Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation
Market Wrap: Bitcoin Braces for $700M in Options to Expire; Record $7B Value Locked in DeFi
26.8.2020
Bitcoin price is trending up while crypto keeps flooding into DeFi
Analysts Predict US Presidential Election Outcome Could Collapse Dollar, Boost Bitcoin and Gold
25.8.2020
Analysts have predicted a bearish outlook for the U.S. dollar as the country’s 2020 presidential election approaches. One analyst says gold will correct with Donald Trump’s victory followed by the collapse of the U.S. dollar. Bitcoin, on the other hand, stands to gain from the election....