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Bitcoin is much closer to gold than to dollar, says Jerome Powell
While Bitcoin and other cryptocurrencies are “not backed by anything,” they are still capable of serving as a “substitute for gold,” Jerome Powell, chairman of the United States Federal Reserve, stated today. дальше »
2021-3-23 03:00 | |
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Fed Chairman Not Interested in Crypto, But Calls Them Substitute To Gold
Federal Reserve Chair Jerome Powell has voiced his opinions related to the cryptocurrency market. Powell speaking at a virtual panel discussion on digital banking, admitted that cryptocurrency was not the U. дальше »
2021-3-23 23:05 | |
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Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. дальше »
2021-3-23 22:30 | |
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Why FED Chairman thinks Bitcoin is a substitute for gold
In the Bank of International Settlements Innovation Summit, the U.S. Federal Reserve Chairman Jerome Powell referred to cryptocurrencies and their position next to the dollar. For Powell, assets such as Bitcoin present very high fluctuations in their price and have no “underlying valued”, a position familiar to the official: Crypto assets are highly volatile — […] дальше »
2021-3-23 21:54 | |
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Bitcoin Is A ‘Speculative Asset,’ Not Useful As A SoV; A Substitute for Gold Not The Dollar: Fed Chair
As for stablecoins, Jerome Powell said they get their credibility only from sovereign currencies they are backed with. Fed is also experimenting with CBDC, which he said won't disrupt the private sector. дальше »
2021-3-22 21:41 | |
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Robert Kiyosaki races to buy Bitcoin and Ether as the economy weakens
Robert Kiyosaki—American businessman and author of Rich Dad Poor Dad—maintains his protracted campaign for Bitcoin, Ethereum, Gold, and Silver, ceaselessly criticizing the government for the state of the economy. дальше »
2021-3-22 13:39 | |
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Crypto Billionaires: The Richest People in the Cryptocurrency Game
Now, a new class of billionaires has been born out of the digital age gold rush. The richest in crypto are proving that their early investment and commitment to this new financial frontier was worth it. дальше »
2021-3-20 17:43 | |
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“Bitcoin is Better Than Gold”, Says Anthony Scaramucci
Anthony Scaramucci, founder of alternative investment firm SkyBridge Capital, while hailing bitcoin’s performance, noted that the largest cryptocurrency by market capitalization was better than gold. дальше »
2021-3-19 16:00 | |
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Gold, Stocks, and Bitcoin: Weekly Overview — March 18
BTC Last week saw Bitcoin struggling to breach its previous all-time high of around $58,000, although it barely managed to achieve this by Friday, March 12. However, the following day saw a massive green candle shot BTC’s price past its old previous record. дальше »
2021-3-19 02:57 | |
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Elon Musk Open to Accept 420M DOGE for His NFT Music Track
In a March 15 tweet, Tesla CEO Elon Musk announced the sale of his new Techno music track produced as a non-fungible token (NFT). Another NFT Craze The track, which is about NFTs, features an animated gold trophy inscribed with “vanity trophy” and “HODL. дальше »
2021-3-16 21:01 | |
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Gold Charter Holdings launches Linkflow.Finance to offer Crypto Prime Brokerage services
Linkflow, a Hong Kong-based crypto prime brokerage service, has launched a new digital asset-based services platform for providing seamless connectivity to the broader cryptocurrency ecosystem giving The post Gold Charter Holdings launches Linkflow. дальше »
2021-3-15 08:56 | |
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Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation
A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against inflation has been somewhat exaggerated.” […] дальше »
2021-3-13 13:30 | |
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The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled into the economy by the ton, […] дальше »
2021-3-13 06:00 | |
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Peter Schiff Claims Grayscale Will Sell BTC to Fund DCG’s Acquisition of GBTC Shares Rebuffed
Gold bug and bitcoin opponent, Peter Schiff has alleged that the Digital Currency Group (DCG)’s plan to acquire GBTC shares worth $250 million could be an indication that Grayscale Investment will be reducing the value of its AUM. дальше »
2021-3-13 21:00 | |
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Bitcoin is not gold and why that is a good thing
Macro trends have been playing an important role over the last few weeks. With the U.S Treasury Bonds undergoing a yield rise, any asset arching up in the charts has been historically identified to reThe post Bitcoin is not gold and why that is a good thing appeared first on AMBCrypto. дальше »
2021-3-12 17:00 | |
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100% in Bitcoin: Gold Bug Peter Schiff’s Son Goes All-in on BTC
Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned money. дальше »
2021-3-12 03:05 | |
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Peter Schiff’s Son Goes 100% into Bitcoin
Bitcoin Over Gold The son of legendary investor and infamous Bitcoin (BTC) critic Peter Schiff revealed he sold his silver to go all-in on BTC. In a tweet on Mar. 10, Schiff said his son, named Spencer, “bought the dip” as BTC recently fell below $43,000. дальше »
2021-3-12 22:38 | |
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Gold, Stocks, and BTC: Weekly Overview — March 11
Bitcoin (BTC) As seen in the chart below, BTC had an overall bullish week. Since the beginning of the month, BTC has been recovering from the tumble it took at the end of February. Over the course of last week, it rose from a recent low of around $43,000. дальше »
2021-3-12 22:06 | |
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Peter Schiff Finally Loses Bitcoin Battle as Son Goes All-in on BTC
Peter Schiff has revealed via Twitter on March 10, 2021, that his son, Spencer Schiff, has dumped his entire gold and other investment portfolios for bitcoin (BTC). The longstanding bitcoin critic says he plans to disinherit his son. дальше »
2021-3-12 21:00 | |
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Gold Bug’s Bitcoin Hedge: Peter Schiff’s Son Goes All in on BTC, “HODLing to Infinity”
At this point, however, it’s hard to believe he really hates Bitcoin or isn’t involved in it just as much as he claims to be. The post Gold Bug’s Bitcoin Hedge: Peter Schiff’s Son Goes All in on BTC, “HODLing to Infinity” first appeared on BitcoinExchangeGuide. дальше »
2021-3-12 18:48 | |
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Peter Schiff’s Son Goes All-In On Bitcoin, Allocates 100% Of His Portfolio
Spencer Schiff, who is the son of gold bug Peter Schiff, has now invested 100% of his portfolio in bitcoin. In a March 10 tweet, the outspoken bitcoin skeptic revealed that his son took advantage of the latest dip below $50K to accumulate more bitcoin. дальше »
2021-3-12 16:12 | |
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pxGold: The first tradable synthetic asset commodity on PerlinX
CryptoNinjas » pxGold: The first tradable synthetic asset commodity on PerlinX PerlinX, a decentralized liquidity pool & synthetic asset generation platform, has announced the launch of pxGold; a synthetic asset designed to track the price of 1 fine troy ounce of gold fully collateralized by PERL token. дальше »
2021-3-11 00:58 | |
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Bloomberg Statistics: Institutions Prefer Bitcoin to Gold ETFs
There is a sharp uptick in the number of investors opting for Bitcoin over gold, data from Bloomberg Intelligence reveals. Bitcoin replacing the Old Guard A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. TheRead More дальше »
2021-3-10 20:00 | |
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Bitcoin Having Almost No Correlation to Gold Since Late 2020
Compared to the $1 trillion crypto asset’s 85% YTD gains, the bullion is down -11.19% in 2021 so far. As for month-to-date, gold prices are again down 3%, while BTC is up nearly 20%. The post Bitcoin Having Almost No Correlation to Gold Since Late 2020 first appeared on BitcoinExchangeGuide. дальше »
2021-3-10 19:58 | |
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This strategist's data suggests an accelerating pace of Bitcoin replacing Gold
Commodity Strategist Mike McGlone shared on Twitter recently that his data points to an accelerating pace of Bitcoin replacing Gold “as a store of value in investor portfolios.” While the preciousThe post This strategist's data suggests an accelerating pace of Bitcoin replacing Gold appeared first on AMBCrypto. дальше »
2021-3-9 00:00 | |
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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, “most indicators point to” Bitcoin replacing the aging asset an an “accelerating pace. дальше »
2021-3-9 19:44 | |
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US House Representative Ro Khanna Lauds BTC Which ‘Cannot Be Devalued’- Calls for Less Carbon Intensive Mining
After Elizabeth Warren, the U. S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U. S. House Representative for California has spoken in favor of the crypto asset. дальше »
2021-3-8 21:00 | |
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Bitcoin non-allocators may be at greater risk, say analysts
The process of Bitcoin replacing gold in portfolios is accelerating, according to analysts from Bloomberg. A recent market report by Bloomberg explored the question of whether Bitcoin is making gold rThe post Bitcoin non-allocators may be at greater risk, say analysts appeared first on AMBCrypto. дальше »
2021-3-6 14:30 | |
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Bitcoin: How can the market tackle selling pressure in the near-term?
Bitcoin's correlation with the S&P 500 has risen in the recent past. However, the said hike in correlation may not be ideal given that gold, stocks, and equities are selling off further as 10-yearThe post Bitcoin: How can the market tackle selling pressure in the near-term? appeared first on AMBCrypto. дальше »
2021-3-6 09:30 | |
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Mark Cuban Argues Bitcoin Is Better Than Gold, Telling Peter Schiff ‘Gold Is Dead, Move on’
Billionaire investor and Shark Tank star Mark Cuban, once a bitcoin skeptic who preferred bananas to the cryptocurrency, now sees utility in bitcoin. He has made a case that bitcoin is better than gold, telling gold bug Peter Schiff to “move on” because “gold is dead. дальше »
2021-3-5 03:15 | |
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Gold, Stocks, and Bitcoin: Weekly Overview — March 4
Bitcoin (BTC) In the past week, bitcoin (BTC) tumbled to a new recent low but is back trading around what has become crucial support at $50,000. BTC went through dramatic changes last week. After achieving an all-time high of $58,413 on Sunday, Feb. дальше »
2021-3-5 22:24 | |
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Mark Cuban Slams Peter Schiff: Gold is Dead, Bitcoin and Ethereum Are Today
Mark Cuban hasn’t always been the biggest fan of Bitcoin, Ethereum, and other cryptocurrencies, but he’s recently come around as other Shark Tank investors have. Surprisingly, though, Cuban has come to the defense of the emerging technology, telling gold bug and vehement digital asset naysayer Peter Schiff that his precious metal is now dying as […] дальше »
2021-3-5 04:00 | |
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Bitcoin & Ether ‘Can Make You A Banker’ While Gold Can Make Jewelry: Mark Cuban to Peter Schiff
The Shark Tank investor says gold “will die as a SOV.” The post Bitcoin & Ether ‘Can Make You A Banker’ While Gold Can Make Jewelry: Mark Cuban to Peter Schiff first appeared on BitcoinExchangeGuide. дальше »
2021-3-4 18:26 | |
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ProBit Exchange Lists EXGold (EXG) | Gold For The Digital Age
EXGold (EXG) has officially listed their token EXG on ProBit Exchange as the digital gold solution solidifies their partnership networks with one of the top South Korean exchanges and its global demographics. дальше »
2021-3-4 17:30 | |
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Bitcoin To “Take More Market Share From Gold,” Says Fidelity’s Director Of Global Macro
Bitcoin has both a unique and compelling supply and demand dimension, and as its network increases, BTC’s value could increase even faster, as per The post Bitcoin To “Take More Market Share From Gold,” Says Fidelity’s Director Of Global Macro first appeared on BitcoinExchangeGuide. дальше »
2021-3-3 19:20 | |
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Binance Coin (BNB) Bull Run: Analyst Makes Bold Case for $500
Binance Coin should do to Ethereum what Bitcoin is doing to gold: eating a good portion of its market capitalization by acting as a better alternative. That was pretty much what Changpeng Zhao, the founder/CEO of Binance cryptocurrency exchange, dictated in his series of tweets on February 28 as he pitted their Binance Smart Chain […] дальше »
2021-3-2 14:00 | |
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