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Gold Investors Aren't Switching Into Bitcoin, JPMorgan Says
15.3.2024
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency
Speculators And Retails Are Driving Latest Bitcoin Rally, Says JPMorgan
14.3.2024
JPMorgan analysts remain bearish on Bitcoin’s near-term future, believing the asset’s current rally is attributable to retail and speculative institutions.
The post Speculators And Retails Are Driving Latest Bitcoin Rally, Says JPMorgan appeared first on Cryptonews
Peter Schiff Regrets Skipping Bitcoin, Reignites Debate on Crypto’s Future
14.3.2024
Longtime Bitcoin critic Peter Schiff has admitted he regrets not investing in Bitcoin when he was first introduced to it in 2010. The American stockbroker, known for advocating for gold investments, had previously mocked Bitcoin as a "pure Ponzi scheme."
The post Peter Schiff Regrets Skipping...
Gold Bug Peter Schiff Says He Wishes He'd Bought Bitcoin in 2010
14.3.2024
The American stockbroker has repeatedly called bitcoin a “bubble” and said he still doesn’t believe in its long-term future
Peter Schiff Downplays Importance of Bitcoin Halving — Discusses ‘What Matters Most’ for BTC Price
14.3.2024
Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what matters the most is “how much of the current supply holders want to sell, not what miners...
Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin
14.3.2024
Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold...
Coinbase CEO: Adopting Bitcoin Is A Return To The Gold Standard
13.3.2024
Coinbase CEO Brian Armstrong believes widespread Bitcoin adoption could mirror a return to the gold standard, potentially stabilizing prices and addressing the escalating U.S. national debt.
The post Coinbase CEO: Adopting Bitcoin Is A Return To The Gold Standard appeared first on Cryptonews
Drake Shares Michael Saylor’s Bitcoin Interview, Reaches 146 Million Followers
12.3.2024
Rapper Drake shares Michael Saylor's bold Bitcoin prediction on social media, reaching his massive 146 million Instagram followers. Saylor argues Bitcoin will overtake gold as a store of value, fueling speculation about a renewed crypto market surge.
The post Drake Shares Michael Saylor’s...
As Bitcoin Soars, Peter Schiff Offers Gold as the Prudent Alternative
12.3.2024
With bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative mania” and advises folks to funnel their risky investments...
‘Greater Fools Are Watching’: Bitcoin Is Here to Stay, Elites Admit
11.3.2024
'Bitcoin is Going to Eat Gold': MicroStrategy’s Michael Saylor
11.3.2024
Appearing on CNBC after his company on Monday announced the purchase of an additional 12,000 of bitcoin {{BTC]], MicroStrategy (MSTR) Executive Chairman Michael Saylor said the crypto will be a much more valuable asset than gold in the future
Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge
11.3.2024
Bitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere...
Bitcoin’s Market Cap Jumps to $1.4T, Surpassing Silver
11.3.2024
Bitcoin rose to a record high on Monday, fuelled by continued positive momentum of spot bitcoin ETFs
JPMorgan Says ‘Unrealistic’ to Expect Bitcoin to Match Gold Within Investors’ Portfolios
10.3.2024
JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be unrealistic to expect bitcoin to match gold within investors’ portfolios in notional...
Gold’s Price Surge to Nearly $2,200 Overshadowed by Bitcoin’s ‘Speculative Mania,’ Peter Schiff Claims
10.3.2024
In a manner similar to bitcoin and the overall crypto market, gold’s value has climbed, nearly touching $2,200 per ounce this week. This uptick is widely attributed to demand from central banks, with surveys indicating both Wall Street and Main Street anticipate higher prices in the upcoming...
JPMorgan Expects $62 Billion Bitcoin Spot ETFs Market Over 2 To 3 Years
9.3.2024
J.P. Morgan believes Bitcoin spot ETFs likely won’t see much AUM growth in the long term based on valuations of the asset next to gold.
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Anthony Pompliano Predicts Bitcoin’s Price Could Double Soon; Leading Crypto Could Eventually Eclipse Gold
8.3.2024
In a CNBC interview, Pomp Investments’ Anthony Pompliano delivered an optimistic forecast for bitcoin, suggesting a potential rise to $138,000 per unit shortly. He pointed out that historically, bitcoin has doubled its value within 18 days or less after surpassing previous peak prices...
Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
8.3.2024
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said
BlackRock Bitcoin ETF Sees Record $750 Million Inflows – What’s Going On?
6.3.2024
BlackRock Bitcoin ETF continues its rapid growth, with record-breaking daily inflows and impressive market performance. Analysts weigh in on investor sentiment as Bitcoin ETFs gain momentum, suggesting they could outpace gold ETFs in the near future.
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Precious Metal Peaks — Gold Surpasses $2,140, Marking Historic Price High
5.3.2024
As bitcoin climbed beyond its previous 2021 peak, the value of an ounce of pure gold similarly hit a lifetime high on March 5. The globally acknowledged safe haven asset soared to $2,140 per ounce on Tuesday, marking a 4.97% increase against the U.S. dollar over the preceding week. Price of Gold...