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Bitcoin is Worthless in Long-term, Says Veteran Stock Analyst

Bitcoin may have rallied better than global stocks in 2020, but a veteran analyst still looks at the cryptocurrency as an asset without any value. James Royal, senior reporter for investing and wealth management at Bankrate – a New York-based financial advisory portal, called Bitcoin worthless in the long-term because it does not generate cash flow […] дальше »

2020-9-4 14:00


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“A Resting Bitcoin Bull,” Bloomberg Outlook Reveals Likely Mid-Year BTC Price Range

Bitcoin is becoming more like gold in the macroeconomic sense and will continue outperforming its peers, Bloomberg said in its latest cryptocurrency report sent to subscribers. The Bloomberg Crypto Outlook July 2020 Edition reported the current low volatility in Bitcoin and how it would fare in the broader market that included gold, and stocks. The […] дальше »

2020-7-6 12:32


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Bitcoin Outperforms Stocks in Q1 Despite Worst Month Since Jan 2018

Bitcoin just experienced its worst month since departing from its all-time highs 2 years ago, but still the leading crypto managed to outperform the US stock market in the first quarter of 2020. Global Pandemic Tears Markets Apart The financial markets were hit by the COVID pandemic that forced entire countries and industries to shut down. дальше »

2020-4-2 14:15


Bitcoin Outperforms Gold, US Stocks, and Bonds in 2019; Will 2020 be Same?

Most of the commodities, stocks, and bonds staged an outstanding run in 2019. But the traditional asset classes still fell short before a stronger and a more offbeat contender: Bitcoin. The benchmark cryptocurrency, which more or less functions as a “decentralized” payment startup, underwent a dreamy bull run during 2019’s first and the second fiscal. дальше »

2019-12-26 19:01