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Litecoin grapples with 'double top' risks after LTC price rallies 37% in November
15.11.2021
The classic bearish setup projects Litecoin price potentially falling to $200 in the coming sessions
Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin
14.11.2021
Egyptian billionaire Naguib Sawiris has said he remains bullish on gold and has no intention to invest in cryptocurrencies like bitcoin because such investment is a very risky business. Sawiris Says Gold Still Safe-Haven Asset In his remarks published by The National News, the billionaire reveals...
Goldman Sachs: Gold Is Becoming Poor Man’s Crypto
14.11.2021
Goldman Sachs’ head of energy research says, “Just like we argue that silver is the poor man’s gold, gold is maybe becoming the poor man’s crypto.” He sees funds starting to flow from gold into bitcoin as inflation fears escalate, noting that “We’ve...
Most Cryptos Correlated with Stocks, Not with Gold - Analysts
11.11.2021
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
The correlation between...
'#DropGold worked' — Grayscale 'flippens' world's largest gold fund as AUM hits $60B
11.11.2021
The cryptocurrency investment giant has also seen "massive" options volume as gold takes a fresh beating and institutions seek Bitcoin exposure
Author Insists Current Gold Price Cheaper Now Than in 1980
8.11.2021
While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s...
JPMorgan Doubles Down on Bitcoin Price Prediction of $146K
8.11.2021
Global investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their...
New World Disables 'All Forms Of Wealth Transfers' After Gold Exploit Found
2.11.2021
After an exploit was found over the weekend that first let players send images in the chat box, kick other players unknowingly and duplicate gold, Amazon has stepped in and taken some drastic action.Read more
Mad Money’s Jim Cramer Invests in Crypto Because ‘There Could Be Millions of Greater Fools Out There’
31.10.2021
The host of Mad Money, Jim Cramer, has some advice for crypto investors. “As long as you recognize the very real possibility that the whole investment case for crypto rests on the greater fool theory, you’ve got my blessing to speculate on it,” he said. Cramer added that he...
For $24,000, You Can Buy Tecmo Koei Gold Coins
28.10.2021
Kou Shibusawa isn’t only one of Koei’s founders, he is also a game creator, a producer, and a brand name. As part of Koei Tecmo’s celebration of 40 years of the Kou Shibusawa banner, the company is offering some expensive gold coins. Interested?Read more
JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
24.10.2021
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow...
Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’
22.10.2021
According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin”...
Early meeting of E-Gold founders may hold clue to Satoshi Nakamoto’s identity — Peter Thiel
21.10.2021
Did Satoshi Nakamoto work on E-Gold? If so, Peter Thiel thinks he has a way to narrow down the identity of Bitcoin’s creator
Bitcoin Enters Price Discovery Mode, Lures Gold Investors
21.10.2021
With the price of bitcoin (BTC) on Wednesday reaching an all-time high above USD 67,000, the number one cryptocurrency is now in “unchartered territory” and entering “price discovery mode” while at the same time gold investors are increasingly rotating into BTC....
Read More: Bitcoin Enters Price...
Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge
21.10.2021
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management...
Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple
15.10.2021
On Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the crypto economy recovered from the market downturn in May as the top 30 market caps grew by...
Bitcoin Is Now World’s 8th Most Valuable Asset — BTC Now Targets Silver’s $1.31T Market Cap
15.10.2021
The price of bitcoin had crossed the $60K zone at 1:30 a.m. (EST) early Friday morning. The leading crypto asset’s latest price jump has made it so bitcoin’s overall market valuation of $1.119 trillion has surpassed Facebook’s market capitalization. The digital asset is also...
Billionaires are backing Bitcoin over gold ... but some say Ethereum is even better
14.10.2021
“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht
Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’
11.10.2021
On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF) will send the crypto asset’s value to the moon, Morehead explains it could be...
Poland’s Central Bank Says It Will Add 100 Tons of Gold to Existing Holdings in 2022
11.10.2021
The Polish central bank, the National Bank of Poland (NBP), is reportedly planning to raise its gold reserves by 100 tons in 2022. According to bank governor Adam Glapinski, the objective of this decision is to prepare Poland for “the most unfavourable circumstances.” Gold’s...