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Gold and Bitcoin Surge Exposes Generational Divide – JP Morgan
5.8.2020
Both younger and older investors are seeing the case for an alternative to fiat money, but the generations differ when it comes to what that currency should be: bitcoin (BTC) or gold.
According to a note by strategists at investment banking giant JPMorgan Chase & Co that was quoted...
Bitcoin Hater Peter Schiff Says Dollar Approaching ‘Wile E. Coyote Moment’
4.8.2020
Gold price reached a new all-time high and the same factors behind its rally could also push Bitcoin price higher
Bitcoin Price Hits New All-Time High Against Turkish Lira
4.8.2020
As the Turkish lira hits record lows despite foreign reserve selling, Steve Hanke says that only a “gold-backed currency board” can save the economy
Goldman Sachs: Gold Will Hit $2,300 by 2022. What About Bitcoin?
3.8.2020
A depreciating US dollar as a reserve currency coupled with investors looking for attractive alternatives could see both BTC and gold rise
India Proposes Amnesty for Citizens Holding Unreported Gold
2.8.2020
The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister Narendra Modi. New Gold Amnesty...
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Coinbase Reviewing 19 Crypto Assets for Listing, Including Wrapped Bitcoin and Paxos Gold
1.8.2020
Crypto exchange Coinbase said Friday that it is reviewing 19 cryptocurrencies for possible listing. These new assets are: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph...
As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
31.7.2020
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior...
Coinbase Mulls Listing Ampleforth, Paxos Gold, Wrapped Bitcoin & More
31.7.2020
US-based major crypto exchange Coinbase said it is exploring an additional list of 19 cryptoassets that might be offered to their clients in an unspecified future.
These assets include:
Ampleforth (AMPL)
Band Protocol (BAND)
Balancer (BAL)
Blockstack (STX)
Curve
Fetch.ai (FET)
Flexacoin...
Bitcoin to Gold Correlation Rises, Physical Metal Buyers Pay Premium
31.7.2020
After seeing a decline for more than 3 months, the correlation between bitcoin (BTC) and gold is once again on the rise, with the sharpest increase seen in late July as gold, silver, and bitcoin have all soared higher in price. At the same time, investors are forced to pay premium over the spot...
Government-Backed Tokenized Gold With ‘Killer Features’
31.7.2020
A crypto consortium including Bittrex Global, Ledger, CertiK, and Uphold, has launched a gold token backed by the world’s largest refiner of newly minted gold
Bitcoin an Option, as Dennis Gartman Says He’s Exiting ‘Crowded’ Gold Market
31.7.2020
Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded.” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775. “Too many...
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
Is the Growing Correlation Between Bitcoin and Gold a Bullish Sign?
31.7.2020
The correlation between Bitcoin and gold daily returns is increasing, leading investors to expect further upside from BTC price
This Coin’s Supply Goes Down as the Price Rises
30.7.2020
This crypto exhibits no correlation with Bitcoin; it was designed to behave differently from every other currency — crypto or fiat, with a money supply that expands or contracts depending on demand
Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine
30.7.2020
The dollar index dropped to it's lowest level since May 2018
Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold
30.7.2020
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. Oppenheimer Analyst...
Bitcoin Is a Better Hedge Against USD Than Gold
30.7.2020
Enjoying a stronger negative correlation with the U.S. dollar than gold, Bitcoin may start to present a more attractive alternative to both in the eyes of the investors
Novogratz: Global ‘Liquidity Pump’ Will Keep Bitcoin Rising, Price to Hit $20K This Year
30.7.2020
Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency. Mike Novogratz’s...
Market Wrap: Bitcoin Sticks to $11,000; Derivatives, DeFi Keep Growing
29.7.2020
The cryptocurrency markets are finally heating up in July