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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...
Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan
11.12.2020
The rise of bitcoin is hurting the gold market and may continue to do so for many years to come as institutional adoption grows, according to JPMorgan Chase & Co strategists. Led by Nikolaos Panigirtzoglou, the strategists noted the declining inflow of funds allocated to gold exchange-traded...
As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains
10.12.2020
Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank...
'Low income' Oyster Protocol founder allegedly has $10M yacht full of gold bars
10.12.2020
The founder of Oyster Protocol has been arrested and charged with operating a multimillion-dollar tax evasion scheme
Bitcoin will eat gold's market share, according to JPMorgan
9.12.2020
The investment bank says gold could languish for years as Bitcoin’s popularity grows
Bitcoin’s Rising Popularity With Investors Means Gold Will ‘Suffer’: JPMorgan
9.12.2020
"The adoption of bitcoin by institutional investors has only begun, while for gold, its adoption by institutional investors is very advanced," a JPMorgan MD wrote in the report
Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand
9.12.2020
The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also said that cryptocurrencies will continue to do well next year, as he believes...
'A flood of money and credit' — Ray Dalio new Bitcoin praise echoes MicroStrategy
9.12.2020
The billionaire warns about incoming asset inflation while recommending Bitcoin and gold as he continues warming to cryptocurrency
Crypto funds see near-record inflows as capital floods out of gold
9.12.2020
Crypto funds have posted near-record inflows during recent weeks as the gold investment products shed liquidity
Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush
9.12.2020
On Monday, the U.S. bank Wells Fargo’s wholly-owned subsidiary and registered investment adviser the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The institute’s contributing author and Head of Global Asset...
‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes
9.12.2020
The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s editor-in-chief says that bitcoin’s value “remains...
Record $15 Billion Worth of Cryptos Under Management After Institutional Investors Pump $429 Million in One Week
8.12.2020
A new report says institutional investors pumped $429 million into cryptos and cryptocurrency funds in the week ending December 7. The figure, which is the second-highest on record, pushes to the total value of digital assets under management (AUM) to an all-time peak of $15 billion. The largest...
Bitcoin’s market cap will flip gold: Winklevoss twins
8.12.2020
The Winklevoss twins have urged attendees of the Singapore Fintech Festival to educate themselves on Bitcoin, predicting BTC’s market cap will flip that of gold
Gold bug says 2021 will be a big year for Bitcoin and Ethereum
7.12.2020
He believes that rising adoption will drive Bitcoin higher next year, and that DeFi will have a similar effect on Ethereum
Ron Paul Advises Bitcoin Proponents to ‘Be Vigilant’ of Government ‘There’s Information Collected’
7.12.2020
On December 5, the American author and retired politician, Ron Paul, joined the Stephan Livera Podcast episode 234 and discussed cryptocurrencies and bitcoin at great length. During the interview, the prominent libertarian said when bitcoin came out he was still in congress and he thought the most...
Bitcoin price rally at risk as gold and US dollar show signs of recovery
4.12.2020
Analysts warn that a recovery in gold and the U.S. dollar index could negatively impact Bitcoin’s bullish momentum
Money Reimagined: Bitcoin vs. Gold Is a Battle of Narratives
4.12.2020
The success of a store-of-value asset, like bitcoin or gold, isn't just a matter of durability, fungibility or scarcity. It's about whether people believe in it
Bitcoin is the ‘wrong price for the possibilities it has,’ says Paul Tudor Jones
3.12.2020
He says, “The path forward from here is north.”
Bitcoin Undervalued Relative to Gold, Equities, Tudor Jones Says
3.12.2020
The hedge fund manager has 1% to 2% of his multi billion-dollar portfolio in bitcoin