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Bitcoin hits all-time high against gold as haven battle rages
1.1.2021
BTC has hit another milestone, this time against gold bullion, the world’s oldest reserve asset
Market Wrap: Bitcoin Closes 2020 Near Record Highs
31.12.2020
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%
Gold Bug Peter Schiff’s Understanding of Money is Flawed, Says His Pro-Bitcoin Son
31.12.2020
Gold bug Peter Schiff has been publicly confronted by his 18-year-old son, a bitcoin proponent, on the topic of value. Calling his dad’s understanding of money “Flawed,” Spencer Schiff made the statement in defense of TV Personality Max Keiser, who was having an argument with...
'Dumb' Blockchains Keep Gaing Adoption, Gold Is 'Lame' - Vitalik Buterin
28.12.2020
We live in a world where blockchains and cryptocurrencies are well poised to play an important part, though for reasons much more complex than many people think and it has "as much to do with cultural forces as anything financial," according to Ethereum (ETH) co-founder Vitalik Buterin...
Best Gold Mutual Fund
23.12.2020
Gold has been used as a currency from time immemorial, but investing it as an instrument to accumulate more wealth is a whole new concept. Gold funds act as an excellent diversified portfolio for creating a hedging strategy to protect against inflation, falling currency prices ,or stock market...
Games with Gold v lednu přinesou Little Nightmares a Dead Rising
23.12.2020
Bitcoin's limited supply doesn't really matter to one markets commentator
22.12.2020
Dennis Gartman is still not convinced that Bitcoin won't go to zero
Here's January 2021's Xbox Live Games With Gold
22.12.2020
Writing “2021” in a headline is giving me more feelings than I expected, so thanks for that, Xbox. January’s Games with Gold lineup is a mix of horror and fighting games; as always, these games are only “free” if you have an active Xbox Live Gold Subscription.Read more
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
22.12.2020
Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated...
JPMorgan: Bitcoin is 'overbought' but will suck money out of gold
21.12.2020
Institutions need to keep buying to avoid a price drop, JPMorgan analysts say, but the outlook is rosy and will come at the expense of gold
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
21.12.2020
Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...
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...
Shark Tank’s Mark Cuban Says Bitcoin Is a Store of Value but ‘More Religion Than Solution to Any Problem’
20.12.2020
Shark Tank star and the Dallas Mavericks’ owner, billionaire Mark Cuban has shared his updated view on bitcoin after the price of the cryptocurrency hit all-time highs. He compared bitcoin to gold but believes that bitcoin is not a solution to any problem as countries will take steps...
Guggenheim Investments: Bitcoin Is Worth $400,000 Based on Scarcity, Relative Valuation to Gold
18.12.2020
Guggenheim Investments, an asset management firm with over $230 billion under management, has valued bitcoin at $400,000 based on fundamental analysis. Guggenheim wanted to invest in bitcoin when the price of the cryptocurrency was at the $10,000 level. The company is currently waiting for approval...
Can gold and Bitcoin coexist? Goldman Sachs says yes
18.12.2020
Global investors cut gold exposure in favor of Bitcoin, but does the digital coin have any chance to cannibalize gold?
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
Don’t think Bitcoin’s supply is finite? You probably don’t understand the tech
17.12.2020
A research firm’s head recently claimed Bitcoin’s capped supply could be changed
Asset Manager Ruffer Confirms $750 Million Bitcoin Investment as Hedge Against Fiat Currency Devaluation
16.12.2020
Investment management firm Ruffer, with over $27 billion under management, has confirmed that its bitcoin investment now totals $750 million. A Ruffer spokesperson told news.Bitcoin.com that this was “primarily a protective” move for the firm’s portfolios, as the firm reduced...
U.K. investment manager shifts allocation to Bitcoin from gold in ‘defensive move’
15.12.2020
The institutional flood into BTC continues
Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold
15.12.2020
Chinese state-operated media outlets keep adding cryptocurrencies — specifically bitcoin — on their reporting agenda. Lately, they have been replicating bitcoin predictions that are surprising in some way to the crypto community due to the number of mentions on the matter since several...