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Bitcoin Recovers from $11.3K Despite Losses in European Stocks
13.8.2020
Bitcoin has shrugged off a drop to $11,300 for the third day running, possibly buoyed by gold's recovery on Wednesday
What Bitcoin Can Learn From Gold About Staying ‘Clean’
13.8.2020
A proposal to adapt gold's "good delivery" system to bitcoin, with the aim of bringing more investors into the market and boosting liquidity
Boom! Kraken Predicts Imminent Bitcoin Price Rally of Up to 200%
13.8.2020
After record strength in the Bitcoin markets at the end of July, Kraken is predicting that BTC could see price gains of up to 200% over the coming weeks and months
Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
12.8.2020
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)...
Did Russian COVID-19 Vaccine News Crash Bitcoin and Gold Prices?
12.8.2020
Following a crash in both gold and bitcoin (BTC) prices yesterday that sent the much-discussed gold-to-bitcoin correlation even higher, the discussion is now on about what caused the sell-off, and whether a Russian COVID-19 vaccine could potentially be hurting the price of both assets.
At the time...
Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit
12.8.2020
A California appeals court has backed a prior judgement that the cryptocurrency exchange wasn't obliged to to support the Bitcoin Gold hard fork in 2017
Market Wrap: Bitcoin Stumbles to $11,300; USDC Lending Rates Skyrocket
11.8.2020
Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies
Bitcoin, Gold Prices Drop as Trump Praises ‘Big Stock Market Numbers!’
11.8.2020
A correction in gold and silver price coincides with a 2.68% drop in Bitcoin as its price fell below $11,600
Bitcoin Rally Stalls as Increasingly Correlated Gold Drops Below $2K
11.8.2020
Bitcoin is increasingly taking cues from gold, a tried-and-tested store of value asset
Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin
10.8.2020
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal...
Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’
10.8.2020
Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15%...
‘Capital Flight out of Asia Is Taking Bitcoin Express’ Says Max Keiser
10.8.2020
Bitcoin is one of the few ways to move an entire fortune abroad, Bitcoin bull Max Keiser says
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
10.8.2020
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In...
Year-End Gold and Bitcoin Price Predictions from Regular Everyday People
10.8.2020
Just recently, news.Bitcoin.com talked to a number of individuals and asked them to let us know what they think the price of bitcoin and gold will be by the year’s end. Rather than leveraging the typical predictions from experts, executives, and crypto luminaries, the post delves into...
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
9.8.2020
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold Scheme Unravels The gold industry was recently...
Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move
7.8.2020
After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
7.8.2020
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. A founder and CEO at Global Macro Investor (GMI)...
Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes
6.8.2020
Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead
Bitcoin Price Nears $12K Again as Gold Correlation Hits Record
6.8.2020
$12,000 is firmly back on the cards as daily gains top 2.2% and Bitcoin erases the effect of its weekend plunge
S2F Price Model Suggests Bitcoin Price Hits $100K – Author Claims Model Is Perfectly on Track
6.8.2020
The author of the controversial bitcoin stock-to-flow (S2F) price model said that at current prices the S2F model is “perfectly on track.” S2F shows the price could hit around $30,000 by the year’s end and by August 2021 prices could be $100,000 per bitcoin. The crypto asset...