Tags : gold

Bitcoin

Gold bug Peter Schiff reveals the price he would buy

Gold bug Peter Schiff is known for his hatred of Bitcoin. But in a recent interview with Anthony Pompliano, he divulges what it would take for him to buy into the leading cryptocurrency. Peter Schiff’s view on inflation makes sense As much as the crypto community dumps on Schiff, his views on Modern Monetary Theory […]Read More

Bitcoin

JPMorgan says investors fleeing to gold after Bitcoin dipped to

News › Bitcoin › U.S. › Investments Bitcoin’s extreme volatility and crazy price swing might’ve pushed institutional investors back into the safety of gold, said JPMorgan’s research note. Liam Frost · May 20, 2021 at 7:56 am UTC · 2 min read Institutional investors are turning away from Bitcoin amid the latest massive sell-off on […]Read More

Bitcoin

Technical Signal Suggests Gold Is Ready For Revenge Against Bitcoin

The digital gold narrative and fears of hyperinflation looming as the economy weakens and more fiat money is printed, has driven Bitcoin to incredible heights and done so quickly. But considering the cryptocurrency’s history of frightening drawdowns, things could turn at a moment’s notice. One sign that Bitcoin could soon be in some trouble comes […]Read More

Bitcoin

Newsletter Morning Brew Boots Gold For Bitcoin

As part of the continued demonization of gold at the hands of Bitcoin, the precious metal that was once the hard money standard has received the boot from popular daily email newsletter Morning Brew. Due to the rising popularity of Bitcoin, gold has been completely replaced with a price ticker instead for the leading cryptocurrency […]Read More

Regulation

Bitcoin is much closer to gold than to dollar, says

U.S. Federal Reserve says digital currencies can ‘coexist’ with cash Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday. 2 min read → Source linkRead More

Bitcoin

Data shows Bitcoin is ‘replacing’ gold as a store of

Bitcoin, the ‘digital gold,’ is giving the real deal a run for its money. Or at least the data shows so. Gold will see use in jewelry Data from Bloomberg shows investors are scooping up Bitcoin at an unprecedented rate in current times, with the cryptocurrency fast becoming a part of portfolios around the world. […]Read More

Bitcoin

Bitcoin Is Replacing Gold At An “Accelerating Pace”

The narrative taking place across the finance industry, is that cryptocurrencies like Bitcoin and Ethereum are the way of the future and gold’s days are numbered as a store of value. While the “digital gold narrative” has already taken a major dent out of the precious metal’s momentum, according to a top Bloomberg Intelligence analyst, […]Read More