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Gold Rises, Bitcoin Drops as Trumps Test Positive for COVID-19
2.10.2020
Donald Trump. Source: a screenshot, Instagram/realdonaldtrump
US President Donald Trump confirmed that he and First Lady Melania Trump have both tested positive for COVID-19. Following the news, bitcoin (BTC) dropped and gold rose in the markets.
The President and the First Lady reportedly...
Aurus Disrupts the Gold Industry – Today Its Ecosystem Lists at a Value of $75m
1.10.2020
With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors. The price of the yellow metal has soared by more than...
American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’
30.9.2020
American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June, and his latest commentary stresses that people should...
Bitcoin price risks even bigger pullback in Q4 after sharp rejections
30.9.2020
Bitcoin risks a larger pullback in the fourth quarter due to the confluence of bearish technical structures and macro uncertainty
Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation
30.9.2020
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within...
Gemini & Zcash Shield, Genesis' Plans, Gold & Bitcoin Fund Returns 30% + More News
29.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Gemini announced that it now supports shielded zcash (ZEC) withdrawals, which gives their clients "an added layer of financial...
CFTC Charges Firm With Illegally Providing Leveraged Trading of Crypto, Gold
28.9.2020
A Caribbean firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals
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...
Decoupling? Bitcoin vs. gold ratio snaps out of 3-year bear market
25.9.2020
A long-term downtrend flips to form bullish support as Willy Woo says Bitcoin’s days of tracking traditional markets are numbered
Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
25.9.2020
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what...
A Chinese Gold Refinery Is Making ‘Blockchain Gold Bars’ on BSN
24.9.2020
Gold is being traded on a blockchain network in China in an effort to legitimize the industry for domestic and overseas regulators – and a senior executive at one of the country’s biggest banks said that commodities like gold could soon be “digitized” and “circulated.”
Per Sichuan Online, the city...
Bitcoin is a better gold than gold itself, Tyler Winklevoss says
21.9.2020
Bitcoin may never escape its ongoing comparisons to gold
First Mover: Digital Gold Narrative Could Be Bitcoin’s Lone Ace as Ethereum Gains
21.9.2020
Bitcoin's "digital gold" narrative looks promising as ever, but the cryptocurrency's dominance is waning as Ethereum rides DeFi fever
‘Gold is dangerous’: Why Jim Cramer will invest 1% of net worth in Bitcoin
15.9.2020
CNBC Mad Money host Jim Cramer plans to invest 1% of his net worth in Bitcoin because “gold is dangerous.”
Mad Money’s Jim Cramer ‘Fixated’ on Buying Bitcoin, Fears Massive Inflation
15.9.2020
Jim Cramer, the Mad Money host and The Street co-founder, said he is “fixated” on needing to own bitcoin because he fears a “massive amount of inflation.” While he owns “so much gold,” he is adamant about leaving a bitcoin inheritance to his children. Jim Cramer...
Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
15.9.2020
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows...
Morgan Stanley Strategist Recommends Bitcoin as Central Banks Ramp Up Money Printing
13.9.2020
Morgan Stanley Investment Management’s chief strategist and head of emerging markets has recommended bitcoin as an alternative investment to stocks amid central banks’ massive money printing policies. He says that alternative assets, like gold and cryptocurrency, could keep doing well...
Gemini to accept deposits in PAX Gold, Amp and Compound
13.9.2020
More listings ahead
‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa
11.9.2020
The Crescat Capital portfolio manager gives his take on the flashing macro warning signals and why it is an explosive moment for gold, silver and (potentially) bitcoin
Bloomberg: Correlation between Bitcoin and gold reaches its highest level in 10 years
9.9.2020
But that may not mean what you think it means