Tag: bitcoin vs gold

Oct 23 2021

Oct 21 2021

JP Morgan Claims This is the True Catalyst For Ongoing Bitcoin ($BTC) Price Surge

Bitcoin ($BTC) price recorded a new all-time-high near $67K yesterday, taking Bitcoin's market cap to $1.25 trillion. The bullish price surge was largely attributed to the record-breaking ProShares Bitcoin Futures ETF ($BITO) debut. However, JP Morgan strategists believe otherwise. According to a report by Bloomberg, JP Morgan strategists see growing inflation as the key catalyst The post JP Morgan Claims This is the...

Oct 08 2021

Jun 04 2021

Is Bitcoin a Digital Gold? Kaiko Data Indicate Otherwise

Bitcoin has often been projected as the digital equivalent of gold as it acts as a store of value and inflation hedge...

May 21 2021

Deutsche Bank Refers to Bitcoin Value As “Wishful Thinking”, Global Banks Join Anti-BTC Rant

Bitcoin's (BTC) plunge this week has not only shaken investors but also rattled banking institutions. While the institutional players continue buying the dips, the traditional banks have once again joined the anti-Bitcoin rant. Germany's biggest banking institution published a note "Bitcoin: Trendy is the last stage before tacky," on Thursday, May 20. While quoting fashion The post Deutsche Bank Refers to Bitcoin Value...

May 17 2021

Bitcoin (BTC) Critic Peter Schiff Questions Its “Safe-Haven Asset” Status After Elon Musk’s Tweets

Bitcoin (BTC) has come under severe pressure and has tanked more than 10% after Elon Musk suggested that Tesla might dump its Bitcoin holdings going ahead. "Indeed," Musk seems to be having a strong influence in the crypto...

Apr 30 2021

BNY Mellon: Choosing Gold Over Bitcoin-backed Stocks Led to Fund Underperformance

In its latest filing with the U.S. SEC, banking giant BNY Mellon has conceded that choosing stocks of gold mining companies against the companies invested in Bitcoin (BTC) has led to underperformance in its...

Mar 18 2021

Billion Dollar Wealth Manager Anthony Scaramucci Says Bitcoin Better Than Gold

Bitcoin has found another admirer in billion-dollar wealth manager and Skybridge Capital CEO Anthony Scaramucci who in a recent interview with CNBC said that he sees bitcoin as the future as it is much easier to store and transfer....

Mar 02 2021

BTC Up 6% Above $49K, Fidelity Director Calls It Digital Gold, CBOE Applies for Bitcoin ETF

In a strong crypto market recovery, Bitcoin (BTC) has surged 6% today making its way to above $49,000 levels. At press time, BTC is trading at a price of $49,147 with a market cap of $916 billion. On Monday, March 1,...

Feb 20 2021

“You might as well have crypto” Elon Musk Responds to Peter Schiff in Gold Vs Bitcoin Debate

Elon Musk, the CEO of Tesla has responded to ardent Bitcoin basher Peter Schiff over his quote "Bitcoin is as BS as Fiat" where Schiff shilled Gold to Musk claiming it is the only reliable asset. However, Musk refuted Schiff's claims on Gold saying, An email saying you have gold is not the same as The post "You might as well have crypto"...

Feb 18 2021

Barrick Gold CEO Says Anxious and Confused Traders Behind Bitcoin Price Rise

Mark Bristow, president, and chief executive officer at Barrick Gold in a recent interview said that the recent hype and price surge of Bitcoin is mainly due to anxious and confused traders worried about the crumbling financial...

Feb 05 2021

Raoul Pal Reveals What Made Him Sell All His Gold For Bitcoin

Raoul Pal, the founder, and CEO of Global Macro Investor and Real Vision appeared on the MoneyWeek...

Jan 26 2021

Gemini Singapore Extends New Token Offerings Including DeFi After Bank of Singapore Backs Crypto Assets

Singapore-based customers of the Gemini crypto exchange have good news as the company is offering its tokens offerings including a wide range of altcoins and some popular DeFi tokens. As per the latest announcement, 20 new tokens...

Jan 05 2021

BTC-to-Gold Ratio Hits New High, JPMorgan Predicts $146,000 Bitcoin Price Target for Long Term

The Bitcoin (BTC) price rally over the last weekend pushed the world's largest cryptocurrency to a new all-time high above $34,000. In a year's time, the BTC price has literally quadrupled driven by massive...

Dec 18 2020

Today In Crypto: Coinbase Files for An IPO | Central Banks Watch Bahamas Sand Dollar Going Live | Jefferies Equities Head Cuts Exposure in Gold to Invest In BTC

The cryptocurrency market continues to go strong after Thursday's action- packed rally in Bitcoin (BTC) and Ethereum (ETH). As these two crypto giants are taking a momentary break and consolidating, XRP has taken the charge surging...

Goldman Sachs Defies JPMorgan, Says Bitcoin’s Growth No Threat to Gold

There's been a lot of buzz with the Bitcoin vs Gold debate picking up in the last few months. However, two of the Wall Street banking giants have come at odds on a common opinion. A few days back, JPMorgan strategists said...

Dec 13 2020

Weekly Round-Up: Bitcoin (BTC) & Ethereum (ETH) Enter Recovery, XRP Drags Further Losses

The last week in the crypto market remained a bit exciting, not in terms of the market movement but in terms of institutional developments happening in the cryptosphere. The overall cryptocurrency market remained under pressure while losing...

Dec 10 2020

“Gold Will Suffer For Years Because of Bitcoin” – JP Morgan

The ongoing Bitcoin bull rally has made some of its biggest critics to change their views towards the scarce digital asset. Be it BlackRock CEO Laurence D. Fink who once called bitcoin a money-laundering tool back in 2017 now belive that bitcoin would expand into a global market. Billionaire Investor Ray Dalio took a U-turn The post "Gold Will Suffer For Years Because...

Except Bitcoin (BTC), Every Other Asset Class Failed Against Fiat Devaluation Since 2009

The rising institutional adoption of Bitcoin (BTC) shows that the world's largest cryptocurrency is making stronger inroads in the mainstream financial market. Over these years, Bitcoin has been compared with...

Dec 09 2020

Billionaire Investor Ray Dalio Takes A U-Turn, Calls Bitcoin A Successful Gold Alternative

Billionaire investor Ray Dalio, the chief of the world's largest hedge fund Bridgewater Associates has flipped his stand on Bitcoin and digital currencies. In his recent ask-me-anything (AMA)...

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