2024-5-1 12:08 |
Unfortunately, digital gold could not withstand existing selling pressure
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Gold could be eyeing a major breakout in the first quarter as overvalued equities come crashing back down to earth. The post Gold’s Next Power Move Could Happen Sooner Than You Think appeared first on CCN.com
2020-1-24 00:31 | |
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The gold price has been on a decline despite reports of negative economic data. According to Ole Hansen, it could drop even further by 13%. The post Saxobank Exec Warns that Gold Could Plunge Another 13%: How it Could Happen appeared first on CCN.com
2019-12-3 21:20 | |
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Stablecoins are cryptocurrency assets with their value tied to a specific asset, like gold or the US dollar. They serve many purposes in the industry, but an opinion piece in the World Economic Forum states that they may be able to curb the potential threat of global foreign currency reserves domination of the US dollar. […]
2019-11-29 23:13 | |
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Coinspeaker Best Time to Accumulate Gold and Bitcoin, Says Crescat Capital AnalystA detailed report presented by Crescat Capital analyst states that recession could be anywhere around the corner and one must park their capital in safe assets like gold.
2019-11-26 17:58 | |
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Bitcoin doomsayer Peter Schiff is back on Twitter, saying that the BTC price could potentially drop to $1,000
2019-11-22 09:02 | |
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Bitcoin mining giants Bitmain Technologies and Canaan Creative seem to have found a new area of competition — launching a U. S. IPO. Both companies are set to go head to head in trying to one-up the other in what could be the first-ever crypto-related public offering in the United States.
2019-11-13 20:00 | |
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Flashy bitcoin price speculation is a favorite game of crypto Twitter news outlets and commentators all over. After all, who doesn’t want to hear that their modest stash of satoshis could someday moon and be worth millions? Sensation aside, there remains a well-grounded case for continued rise in price where top cryptos are concerned, and […] The post When Bitcoin Overtakes Gold – How High Can It Go? appeared first on Bitcoin News.
2019-11-11 11:59 | |
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Gold is one of the commodities that is routinely compared to Bitcoin and sometimes other cryptocurrencies. Since digital assets could be considered a hedge against recessions, it is considered a safe bet along with silver.
2019-11-5 05:29 | |
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Red and Gold, not Red and Yellow. China is leading the race for the first central bank-backed digital currency. However, the term "backed," might not be what most people expect. The People's BanThe post China could back their digital yuan with something unexpected - Gold appeared first on AMBCrypto.
2019-11-2 14:30 | |
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Max Keiser spills some beans about China's gold-backed cryptocurrency (presumably DCEP) that could pose a serious threat to the US Dollar
2019-11-1 20:42 | |
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Andreas Antonopoulos, the author of Mastering Bitcoin, recently spoke about Bitcoin as a medium of exchange, a unit of account, and a reserve currency during a Q&A session on YouTube. When asked about whether Bitcoin could be a standard for other cryptocurrencies, the same way Gold was for money, Antonopoulos highlighted that this was already […] The post Bitcoin remuneration questions use as medium of exchange v/s store of value appeared first on AMBCrypto.
2019-10-20 12:48 | |
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Throughout 2019, Bitcoin and gold became highly correlated, rising and falling in value at or around the same time, and further fueling the Bitcoin as a safe haven narrative. Even now, the two assets are showing similarities in their price charts that suggests they are still correlated in some way, and gold could soon be.
2019-10-15 00:00 | |
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After a decade of unprecedented quantitative easing, the appeal of a sound currency is returning. Now, the Dutch Central Bank has reiterated some of the messages of gold bugs, stating that gold may become the basis for an economic restart.
2019-10-14 17:00 | |
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Bitcoin could be following the same path as gold, which would allow its price to touch the much-coveted $20,000 mark next year
2019-10-3 10:08 | |
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Last week, volatility finally picked up for the Bitcoin price after a multi-week lull. While many traders embraced this tumultuous price action, it seems that the cryptocurrency market is settling once again, with BTC finding support at $8,000.
2019-9-30 03:00 | |
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Bitcoin (BTC) is often described as “digital gold”, but it could soon be described as “digital bonds. ” New data suggest an interesting relationship developing between Bitcoin and the yields on government-issued debt.
2019-9-25 17:54 | |
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Bitcoin could be a “substitute for gold, silver and other precious metals” in wealth portfolios – David Andolfatto In an interview, St. Louis Federal Reserve Senior Vice President and director of research, David Andolfatto talked about how Bitcoin is not a very good monetary instrument because of its fixed money supply model. To be a […]
2019-9-20 18:27 | |
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The largest cryptocurrency by market cap, Bitcoin is scheduled to undergo its third halving in May 2020. Many from the community speculate an increase in the value of the king coin’s price.
2019-9-15 21:32 | |
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In a desperate attempt to salvage the failing U. S. economy, President Donald Trump has urged the Federal Reserve to slash interest rates once again; something which could help see the price of assets such as gold and bitcoin proliferate.
2019-9-13 15:53 | |
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Central banks hoarding gold is thought to be accounting for a lot of the buying pressure sending the price of the precious metal upwards recently. Such a hunger for hard assets may one day see banks stock piling Bitcoin as part of their de-dollarisation efforts.
2019-9-9 23:00 | |
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Max Keiser, a Bitcoin commentator famous for his segment the Keiser Report, recently interviewed Mark Valek, publisher of ingoldwetrust. org report, and discussed the ongoing debate on the comparison between Bitcoin and Gold.
2019-9-9 00:33 | |
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Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such as stocks and fiat currency.
2019-8-30 14:00 | |
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By CCN Markets: China had to see this one coming. After China President Xi Jinping revealed his intentions to slap fresh tariffs on $75 billion in U. S. goods, President Trump raised the stakes, revealing in a tweetstorm that two could play that game.
2019-8-24 01:30 | |
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Bitcoin has long been pitched as the digital version of gold – a precious metal that’s long been used as a store of wealth, transfer of value, and features many of the attributes that Bitcoin is lauded for, such as scarcity.
2019-8-22 21:00 | |
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While investors agree that the current monetary policies from central banks will spell doom for the market, there is no consensus on which asset takes primacy as a hedge against the coming uncertainties.
2019-8-21 19:00 | |
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Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence. The senior commodity strategist on Tuesday said bitcoin price is in an “extended hibernation” state because more people are storing the cryptocurrency like gold instead of trading it on the spot.
2019-8-21 16:00 | |
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Bitcoin price unfazed and trading flat above $11,000 after SEC delays decision on three Bitcoin ETFs
2019-8-13 11:04 | |
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The cryptocurrency industry is wildly known for its topsy-turvy nature. However, this year bitcoin has had an outstanding price-performance compared to 2018’s crypto winter. Bitcoin recorded a 17-month high in June above $13000.
2019-8-8 18:47 | |
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Bitcoin could drop dramatically in the short term before experiencing a historic rise to new heights, one of the cryptocurrency industry’s best-known researcher says. Bitcoin Mimicking Gold ‘Not Surprising’ Adding his weight to the current discussion on Bitcoin’s utility versus gold, Dan McArdle, co-founder of analytics firm Messari, said the cryptocurrency could copy the precious metal’s behavior in the coming years.
2019-8-8 12:00 | |
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President Trump’s recent Bitcoin tweet might make cryptocurrency a discussion point for the 2020 election and crypto investors think this is a good thing. Let’s Talk About Bitcoin 2020 Thanks to U.
2019-7-15 23:00 | |
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Джером Пауэлл, председатель правления ФРС США, жестко «прошелся» по теме криптовалют. The Chairman of United States central bank when asked about Bitcoin: "They use it as a store of value…like Gold….
2019-7-13 13:25 | |
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Fed Chairman Jerome Powell believes that bitcoin's primary use case is as a store of value, not payments. He said yesterday, "almost no one uses bitcoin for payments. " That could be about to change.
2019-7-12 21:00 | |
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Noted economist Art Laffer co-authored a bitcoin study in August 2015, wherein he wrote the cryptocurrency could usurp 1 percent of the gold’s $2. 5 trillion market cap. Four years later, the expert is once again presenting a strong bullish case for bitcoin, albeit unknowingly.
2019-7-10 18:46 | |
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Gold is money. It is and has been approved on a global scale in more than 194 countries throughout the centuries, therefore asserting itself as a form of currency. In recent times, the significance of relocating assets into a more credible form of investment which would have borne fruit has been lost.
2019-7-9 21:11 | |
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July 05, 2019 — Karatbars International GmbH hosted the Gold Independence Day on July 04 2019. Holders had a chance to exchange their KaratGold Coins (KBC) for real gold, which they could easily receive in the form of CashGold, a physical bill with tiny bars of gold built into it (just like Dollars or […] The post Coins Will Become Gold on the Gold Independence Day appeared first on CCN Markets
2019-7-6 13:53 | |
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Gold prices recorded their biggest one-day decline in a year after it appeared that the US-China trade war could be heading for a truce. Donald Trump and Xi Jinping have agreed to resume trade negotiations between the two countries, triggering a sell-off in the price of the yellow metal.
2019-7-1 16:14 | |
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The calls for a Bitcoin correction have been getting stronger. Talk of altseason has also started to intensify as many expect the daddy of crypto to take a breather sooner or later. Altcoins have generally been battered during this recent digital gold rush but that could all change if BTC pulls back.
2019-6-27 12:00 | |
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Grayscale Investments, a company that has worth $ 1. 2 billion crypto assets under management (AUM), claims that Bitcoin today surpasses traditional fiat currency and gold as for global liquidity crisis.
2019-6-22 10:32 | |
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By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard.
2019-6-17 15:17 | |
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By CCN: Long before bitcoin rocketed past the price of gold in March 2017, crypto believers had touted BTC’s ability to replace gold in an increasingly digital world. Goldbugs, on the other hand, maintain that no technology can ever replace the yellow metal.
2019-6-6 20:40 | |
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Gold is known as one of the best long-term wealth storing assets during economic crises because of its reliably rare supply, which makes it maintain its value without much depreciation. Only 2,600 tonnes of gold are mined per year expanding the above ground supply at a yearly rate of 1.
2019-6-6 12:22 | |
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Peter Boockvar, the Chief Investment Officer of the Bleakley Advisory Group, has made some very interesting remarks on a recent interview with CNBC. According to the CIO, Bitcoin (BTC) could be used in order to inform investors who are currently worried about how the United States-China Trade War can harm their business. He talked about […]
2019-6-6 03:20 | |
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Bitcoin could inform investors worried about the U.S.-China trade war, according to an executive from financial planning and wealth advisory firm Bleakley Advisory Group
2019-6-5 13:09 | |
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The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
2019-6-4 19:03 | |
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A sharp rebound that sent the bitcoin price 179 percent higher this year could soon fizzle, according to Peter Schiff of Euro Pacific Asset management. The veteran stockbroker said bitcoin has not accurately recovered from 2018’s bearish sentiment, wherein its rate dropped from $20,000 to $3,200 in just 11 months.
2019-6-2 14:19 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value.
2019-6-4 23:41 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value.
2019-5-31 23:41 | |
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Could any two investments seem more different than precious metals like gold and silver versus digital currencies? One is dug from the ground, forged in flames and hurts like heck when you drop it on your foot.
2019-5-29 18:46 | |
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Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble.
2019-5-26 01:00 | |
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