Tag: bitcoin vs gold

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)...

Dec 06 2020

Bitcoin’s Model Value Based on Fed and ECB Balance Sheets Is More Than $500,000

The Bitcoin (BTC) price is moving around $19,000 for a while as everyone is excited about the next move. Global investors and institutions have shown...

Dec 05 2020

Michael Saylor Slays Peter Schiff By Buying An Additional 2,574 Bitcoins (BTC)

Just at the time when Peter Schiff's anti-Bitcoin rant continues, financial institutions and investors continue to double down their bets on BTC. Later on Friday, December 4, Michael Saylor's...

Dec 04 2020

Crypto Stories: Meet The Family Who Bet Their Fortune On Bitcoin And Where Are They Now

While there have been some crazy supporters of Bitcoin (BTC) over the last few years, seldom anyone might have thought of betting their life savings on it. Today, we are sharing the interesting story of one such Dutch family who...

Dec 01 2020

Bitcoin (BTC) Turning Out A Hedge Against Gold As Its Decouples From the Yellow Metal

Bitcoin (BTC) continues to build strong momentum as a potential inflation- hedge and store of value as it gains an edge over Gold. With the BTC price moving closer to $20,000, it has started decoupling itself from the yellow metal....

Bitcoin (BTC) Gives Highest Ever Monthly Closing At $19,700 in November 2020

Over the last two days, Bitcoin (BTC) has given a phenomenal move as its trades just short of its all-time high of $20,000. On Monday, November 30, the world's largest cryptocurrency gave...

Nov 30 2020

BTC Surges Past $19,200, Grows Bigger In Size Than MasterCard With $356 Billion Market Cap

The Bitcoin Price surge continues to challenge traditional financial players outgrowing some of the big companies in size. The BTC price has surged 6.41% today moving past $19,200 levels hitting its new 2020-high. Bitcoin (BTC) is currently...

Nov 20 2020

Deutsche Bank: Bitcoin More Popular than Gold as a Store of Value Investment!

A rising number of investors now choose Bitcoin over gold as a hedge against inflation says Deutsche Bank. At the time of writing this article, the Bitcoin price is trading at $18,238.71. [caption id="attachment_80419" align="aligncenter" width="1470"]...

Nov 08 2020

Institutional Investors Ditch Gold ETFs for Bitcoin (BTC)

October 2020 has been an absolute action-packed month for Bitcoin investors. The rally continued ahead in the first week of November as the BTC price reached close to $16,000 levels hitting a new 2020 high. Citing recent...

Oct 28 2020

Gold Investors to Flip to Bitcoin (BTC), Says Investor Raoul Pal

Oct 28 2020 Published at Coingape under tags  bitcoin bitcoin news bitcoin vs gold btc btcbrl

Bitcoin's inherent value-proposition remains so strong that even big players of the market are considering to dump traditional assets for Bitcoin (BTC). Popular market investor Raoul Pal has doubled-down on his...

Oct 23 2020

Bitcoin (BTC) Outperforms Stocks by Over 3X In 2020

Over the last few months, global investors have been largely celebrating their gains in the U.S. stock market. The tech sector has outperformed the indices, especially some of the top tech companies like...

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