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JPMorgan Analysts Call for $146,000 Long-Term Bitcoin Price Target

With the increased institutional adoption of Bitcoin due to worldwide economic and social factors, the leading cryptocurrency can no longer be ignored. According to JPMorgan analysts via Bloomberg, gold may continue to lose market share: “Bitcoin may have the potential for substantial further gains over the long term as it competes with gold for investment … Continued The post JPMorgan Analysts Call for $146,000 Long-Term Bitcoin Price Target appeared first on BeInCrypto. дальше »

2021-1-6 16:36


Anthony Scaramucci’s SkyBridge Capital Launches Institutional-Grade Fund to Directly Invest in Bitcoin; Offers GBTC Swap Too

Describing Bitcoins as a “monetary life raft” and better at being gold than gold, SkyBridge predicts a “tidal wave of institutional capital.” The post Anthony Scaramucci’s SkyBridge Capital Launches Institutional-Grade Fund to Directly Invest in Bitcoin; Offers GBTC Swap Too first appeared on BitcoinExchangeGuide. дальше »

2021-1-4 18:52


How much Bitcoin is left for retail traders; who pays the price of Bitcoin that institutions control? 

Bitcoin may be a store of value for a few, a hedge against inflation, or digital gold for many. The asset’s institutionalization has made one thing clear, Bitcoin is not for weak hands and it may meThe post How much Bitcoin is left for retail traders; who pays the price of Bitcoin that institutions control?  appeared first on AMBCrypto. дальше »

2021-1-1 21:00


Dennis Gartman: ‘Bitcoin is the Millennials’ Gold’ & Should Be Left to ‘Wiser or Courageous’ People

“Market can remain illogical longer than you or I could remain solvent. And right now bitcoin seems to me to be utterly illogical,” says Gartman. The post Dennis Gartman: ‘Bitcoin is the Millennials’ Gold’ & Should Be Left to ‘Wiser or Courageous’ People first appeared on BitcoinExchangeGuide. дальше »

2020-12-24 21:53


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Chris Wood of Jefferies Investment Firm Cuts Exposure to Gold for Bitcoin

Investment firm Jefferies trims exposure to gold for the first time in years in favour of bitcoin (BTC). Christopher Wood Cuts Exposure to the Yellow Metal According to a report by Business Standard, Chris Wood, global head of equity strategy at investment company Jefferies is poised to reduce exposure to the time-tested precious yellow metalRead More дальше »

2020-12-21 16:00


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Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package

Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover the rising cost of spending to […] The post Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package appeared first on Bitcoin News. дальше »

2020-12-21 14:05


Goldman Sachs: Bitcoin’s Rising Popularity Not an ‘Existential Threat’ to Gold’s Last Resort Status

Amidst the wild bull rally of 2020, several mainstream firms have commented on Bitcoin’s ability to outdo gold in the long term. In its recent report, JPMorgan also said that if Bitcoin continues to see the institutional adoption it is seeing, which has just “begun,” gold can “suffer” over the coming years. дальше »

2020-12-20 20:43


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Shark Tank’s Mark Cuban Says Bitcoin Is a Store of Value but ‘More Religion Than Solution to Any Problem’

Shark Tank star and the Dallas Mavericks’ owner, billionaire Mark Cuban has shared his updated view on bitcoin after the price of the cryptocurrency hit all-time highs. He compared bitcoin to gold but believes that bitcoin is not a solution to any problem as countries will take steps to protect their currencies. дальше »

2020-12-20 05:15