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Goldbug and Crypto Sceptic Peter Schiff Says Bitcoin Will Fall to This Level, More Selling to Come
21.11.2022
The arch-bitcoin (BTC) skeptic Peter Schiff has said that BTC's actual price is much lower than what we're currently seeing, that it will drop significantly more, and that bitcoin mania is "over".
Last week, in a Twitter thread, Schiff shared his opinion on recent Grayscale’s bitcoin trust (GBTC)...
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
G7 Inadvertently Makes the Case for Bitcoin with New Gold Move
27.6.2022
The Group of 7 (G7) countries are inadvertently making the case for Bitcoin (BTC), as gold’s shortcomings are becoming more obvious after a new move to ban imports of Russian gold.
The move to ban gold imports from Russia was announced by the US, UK, Japan, and Canada during the G-7 meeting...
Uganda’s gold discovery: What it could mean for crypto
24.6.2022
Is gold becoming inflationary? Can Bitcoin replace it as a store of value due to its scarcity and reliability? Are Uganda’s numbers implausible? Questions arise
Bullish Sentiment Returns to Gold as Bitcoin Underperforms
9.6.2022
Bullish sentiment has seemingly returned among retail investors in the gold market, after what has now been five months of strong outperformance of bitcoin (BTC) by gold in 2022....
Read More: Bullish Sentiment Returns to Gold as Bitcoin Underperforms
Bitcoin faces new 'milestone' in 2022 as new forecast predicts BTC price 'in the millions'
17.3.2022
Gold surpassing Bitcoin's returns this year is "unlikely," Mike McGlone says, while former BitMEX CEO Arthur Hayes predicts seismic changes for both assets in the coming years
Bitcoin stems losses after US bans Russian oil, gold heads to record highs
8.3.2022
The precious metal was a hair off a USD peak Tuesday, running higher with oil and other commodities while stocks suffered
Bitcoin steadies as gold hits $2K, US dollar strongest since May 2020
7.3.2022
Surging commodities and a strong dollar add to stock traders' woes, with Goldman Sachs' former CEO wondering why cryptoassets are not "having a moment."
Bitcoin vs Gold Debate Continues as Both Assets Rise Following Ukraine War
4.3.2022
The never-ending debate around bitcoin (BTC) versus gold is once again in the spotlight, as both assets have risen after the onset of the Ukraine war -- and bitcoin’s properties as censorship-resistant money has come back into focus....
Read More: Bitcoin vs Gold Debate Continues as Both Assets...
Bitcoin a 'good bet' if Fed continues easing to avoid a recession — analyst
3.3.2022
The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP)
Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’
13.1.2022
3 key Bitcoin price indicators suggest that the $40,000 level will hold as support throughout 2022
Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value
7.1.2022
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoption grows. Goldman Sachs’ Bitcoin vs Gold Prediction Goldman Sachs analyst Zach Pandl, co-head...
Bitcoin $100K possible by chipping away at gold’s market share: Goldman Sachs
5.1.2022
Bitcoin has a good chance to topple $100,000 by taking market share from gold as a store of value, Goldman Sachs analysts predicted
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
29.12.2021
But concerns remain that the cryptocurrency would fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve's increasingly hawkish tones
Bitcoin could hit $100K, gold $2K in 2022 thanks to 'deflationary forces' — Bloomberg analyst
9.12.2021
An about turn and fresh turmoil for macro would play to Bitcoin's strengths, argues Mike McGlone
Billionaires are backing Bitcoin over gold ... but some say Ethereum is even better
14.10.2021
“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht
Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
8.10.2021
According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin
JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge
8.10.2021
Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price of bitcoin in recent weeks, including assurances that U.S. policymakers will not...
Here's why Bitcoin might be safe from a global stock market crisis
20.9.2021
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock market meltdown
Bitcoin's sharp fall from $50K linked to stronger US dollar, gold correlation shows
8.9.2021
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets