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Bitcoin Could Be Mirroring This Extremely Bullish Gold Fractal from the 1970s
Bitcoin is currently caught within a strong upswing following its recent selloff Bulls are pushing the crypto towards $18,000 as they move to erase its recent losses Where it trends next will depend largely on how sustainable this ongoing move higher is One investor is now noting that a gold fractal from the 1970s seems to indicate that this selloff could be followed by a powerful push higher in the days and weeks ahead Bitcoin […] дальше »
2020-11-29 01:00 | |
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Is Bitcoin following the Gold Fractal from the 1970s?
Bitcoin’s price may be suffering from weekend slumps yet again and it has dropped over 11 percent from the $19,200 level. The market capitalization is down from $581 Billion to $512 Billion and on-cThe post Is Bitcoin following the Gold Fractal from the 1970s? appeared first on AMBCrypto. дальше »
2020-11-28 20:30 | |
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Diehard Bitcoin Believers are What makes BTC so Valuable: AngelList Founder
The world’s largest cryptocurrency is known for being programmable money and a limited supply of 21 million BTC. The digital gold is slowly climbing up the ranks of the largest asset by market cap. дальше »
2020-11-29 18:42 | |
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Here’s Why Another Dump is ‘Extremely Bullish’ for Bitcoin
Besides being healthy for the Bitcoin price after an 85% uptrend in less than two months and mirroring the 2017 bull market when there had been an average of 30% pullbacks, another decline in BTC price means it is acting just like gold. дальше »
2020-11-28 16:25 | |
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Chinese Banks Suspend New Gold Trading Accounts Creation Amid Price Slump
Commercial banks in China are suspending the creation of new gold and precious metal trading accounts amid massive volatility in the market. Positive coronavirus vaccine trial news has seen a pivot from haven assets to riskier investment instruments causing a significant decline in precious metal prices. дальше »
2020-11-28 12:32 | |
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Dan Tapiero: Influx of Institutional Money Could Push Bitcoin Price to $500,000 in 5 Years
A renowned gold investor and Bitcoin bull Dan Tapiero has made the case for a $500,000 Bitcoin price in 5 years. Speaking during a podcast with Anthony Pompliano, Tapiero said that $15 trillion could potentially flow into Bitcoin and push the price to $500,000, representing 20-30x of Bitcoin’s current price level. “In the next five […] дальше »
2020-11-27 12:26 | |
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'Why do so many Bitcoin HODLers think I don't get Bitcoin...because I'm too dumb to understand it?'
Gold advocate and American stockbroker Peter Schiff took to twitter today to clarify to the crypto community that he understands Bitcoin well enough to not participate in the BTC market. The clarificaThe post 'Why do so many Bitcoin HODLers think I don't get Bitcoin. дальше »
2020-11-27 21:00 | |
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How much should one Bitcoin be worth to match market cap of Apple, Amazon, Gold?
A lot of numbers for the future price of Bitcoin have been thrown around recently, but most of them have been presented without context. The following article will focus on Bitcoin's achievements, putThe post How much should one Bitcoin be worth to match market cap of Apple, Amazon, Gold? appeared first on AMBCrypto. дальше »
2020-11-26 18:00 | |
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CNBC’s Mad Money Host, Jim Cramer, Says ‘Not Too Late for Bitcoin’ Even at $19,000
Jim Cramer, the founder of The Street, took to Twitter to share with its 1. 4 million followers that it is a good time to jump into Bitcoin. Cramer said, “It is not too late for Bitcoin. . great alternative to gold… which I have always believed in. дальше »
2020-11-26 21:18 | |
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First Mover: Why Bitcoin Isn’t a Replacement for Gold Just Yet
Bitcoin's price is approaching a new all-time high, but bitcoin is not yet the replacement for gold many think. дальше »
2020-11-26 19:28 | |
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Дэн Тапиеро: «биткоин вырастет в 20-30 раз в течение следующих пяти лет»
Сооснователь компании Gold Bullion International Дэн Тапиеро (Dan Tapiero) заявил, что в течение следующих пяти лет золото может значительно вырасти, но биткоин взлетит в 20-30 раз. дальше »
2020-11-25 11:56 | |
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Bitcoin’s Lagging Correlation with Gold Could Push Price to $25K: Analyst
Bitcoin tails the gold market but with a delay. And the lagging correlation now suggests that the cryptocurrency would rise to $25,000. дальше »
2020-11-25 11:23 | |
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Mad Money's Jim Cramer calls Bitcoin 'great alternative' to gold
American television personality and host of ‘Mad Money’ on CNBC, Jim Cramer, has spoken positively about the leading cryptocurrency Bitcoin. In a recent tweet published on 24 November, Cramer, a fThe post Mad Money's Jim Cramer calls Bitcoin 'great alternative' to gold appeared first on AMBCrypto. дальше »
2020-11-25 00:30 | |
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'Over $15 trillion will flow into gold and Bitcoin'
Speaking on the 'The Pomp Podcast' with host Anthony Pompliano, macro investor Dan Tapiero believed that roughly $15 trillion in wealth could flow into Bitcoin and gold over the next ten years. The coThe post 'Over $15 trillion will flow into gold and Bitcoin' appeared first on AMBCrypto. дальше »
2020-11-24 23:30 | |
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DeFi and Gold – Why the Biggest DeFi Projects Are Looking to Integrate Gold
Up until relatively recently, the vast majority of price-stable cryptocurrencies were pegged to the US dollar (USD) and were hence designed to maintain their value at close to 1 USD at all times. But in recent times, a new wave of asset-backed cryptocurrencies has emerged, pegged to a wider range of traditional assets, including otherRead MoreRead More. дальше »
2020-11-25 18:46 | |
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Bitcoin Market Cap Reaches ATH with $20k in Sight; Gold Dumping Hard & USD on to Multi-Year Lows
With more than 70% surge in this quarter, Bitcoin has been trading around $18,500, with volume slowing down to $4. 7 billion when today BTC broke into a new 2020 high at about $19,150. With these gains, Bitcoin’s market cap has reached a record of over US$350 billion, overtaking the previous 2017 high. дальше »
2020-11-24 15:59 | |
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Futures and fund flows strongly indicates that Bitcoin is swiftly replacing Gold
Bitcoin’s price appreciation has been moving at an interesting pace, almost suggesting that Bitcoin is replacing Gold. This was implied by Bloomberg’s senior commodity strategist Mike McGlone who posted the Bitcoin futures flow chart on Twitter. дальше »
2020-11-24 15:27 | |
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Bitcoin’s “logical” market cap limit (for now) is gold’s $9 trillion valuation: trader
Bitcoin has undergone a strong rally since the lows of September and October. The post Bitcoin’s “logical” market cap limit (for now) is gold’s $9 trillion valuation: trader appeared first on CryptoSlate. дальше »
2020-11-25 14:32 | |
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Bitcoin’s Risk-Adjusted Returns Make It a Better Investment Vehicle than Gold
Bitcoin’s price has been caught within a bout of range-bound trading throughout the past few days, with the support at $18,000 and resistance at $19,000, leading to the formation of a new and intense trading range. дальше »
2020-11-24 00:00 | |
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Bloomberg: Futures and Fund Flows Show Bitcoin Is Replacing Gold
The Bitcoin as digital gold narrative is suddenly taking on such significance, hedge funds, corporations, and institutional investors have begun reallocating a portion of their gold holdings into the cryptocurrency, according to Bloomberg Intelligence. дальше »
2020-11-24 18:00 | |
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Whale Believes Ethereum Will Soon Beat Bitcoin To Become ‘Better Digital Gold’ — And Here’s Why
Critics have often taken aim at the world’s second-largest blockchain due to its scalability issues. Truth be told, ethereum has contended with extreme congestion for quite some time now, and this has resulted in exorbitant transaction fees on the network. дальше »
2020-11-23 21:36 | |
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Blackrock’s Chief Investment Officer: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold
Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay. ” In addition, he said bitcoin is a durable mechanism that could replace gold. дальше »
2020-11-22 19:15 | |
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BlackRock’s Rick Rieder Says Bitcoin Could Largely Replace Gold
Host Andrew Ross Sorkin spoke with Rieder on the battle of the hedges and their respective investment potentials. Bitcoin has massively outpaced gold since the beginning of October and now trades at almost ten ounces of gold per one BTC. дальше »
2020-11-21 23:34 | |
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BlackRock CIO: Bitcoin Will Replace Gold Because it is So Much More Functional
In an interview with CNBC this morning, BlackRock, CIO of Fixed Income Rick Rieder said Bitcoin and cryptocurrencies are here to stay. Talk about a sharp U-turn, although not at all surprising for the bitcoin community given all the new bitcoiners we see this year thanks to the fiat devaluation and bitcoin’s over 150% YTD […] The post BlackRock CIO: Bitcoin Will Replace Gold Because it is So Much More Functional first appeared on BitcoinExchangeGuide. дальше »
2020-11-21 22:12 | |
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Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation
Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold to bitcoin. дальше »
2020-11-20 08:15 | |
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Why This “Whale” Thinks Ethereum Could Soon Be “Better Digital Gold” than Bitcoin
Bitcoin and Ethereum are rarely compared beyond when discussing market structures and price trends, with their underlying fundamental values being wildly different. While Bitcoin is seen as a store of value and a “digital gold,” Ethereum is widely thought to be more of an ecosystem backbone. дальше »
2020-11-19 19:23 | |
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Deutsche Bank: Bitcoin is Increasingly Being Favored Over Gold
As the price of bitcoin begins to stall after the recent ascent, its appeal as a store of value asset has not diminished, according to Deutsche Bank. As reported by libertarian financial blog Zero Hedge, the investment bank’s managing director of credit strategy, Jim Reid, has taken note of the alpha currency’s latest movements. дальше »
2020-11-20 17:54 | |
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Anything You Hold Outside of Bitcoin Is in Trouble as Fed's Balance Sheet May Hit $10 Trl: Max Keiser
Bitcoin maximalist Max Keiser published a worried tweet about another expansion of Fed's balance sheet, saying that any assets except Bitcoin and gold are in trouble now дальше »
2020-11-19 14:53 | |
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How to buy Bitcoin with Robinhood
The Robinhood app is a commission-free trading platform that allows users to buy and trade Bitcoin, Ethereum, Litecoin and other major cryptocurrencies, in addition to stocks, options, ETFs and gold. дальше »
2020-11-21 07:30 | |
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Litecoin (LTC) steals the rank from BCH after hitting a 9-month high
The crypto industry is currently participating in a powerful new rally — one that has taken Bitcoin beyond $18k for the first time since early 2018. Meanwhile, Litecoin (LTC) — silver to Bitcoin’s gold — outperformed Bitcoin Cash and took its rank as the sixth-largest crypto by market cap. дальше »
2020-11-19 15:45 | |
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