2020-11-9 16:40 |
Bitcoin and gold are favorably heading toward $20,000 and $2,000, respectively: Bloomberg analyst Mike McGlone believes, explaining his viewpoint
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A senior strategist with Bloomberg Intelligence says that he does not see what’s going to stop bitcoin from appreciating. He explains that as bitcoin matures, it will trade more like gold than stocks.
2020-10-25 23:30 | |
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Billionaire investor Mike Novogratz doesn't see Bitcoin as a currency; rather, he doubles down on the digital currency as digital gold. “I don’t think Bitcoin is going to be used as a transactional currency anytime in the next five years,” said Novogratz, founder, and CEO of Galaxy Investment, in an interview with Bloomberg.
2020-10-25 16:30 | |
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Both Bitcoin and gold have corrected from their recent highs as the U. S. dollar has bounced. The two assets are tracking each other once again as they become proxies for exposure to downside in the U.
2020-9-10 13:00 | |
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But that may not mean what you think it means.
2020-9-10 20:30 | |
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Some of the largest gold storage companies in the world are facing an insurance nightmare. As the price of gold increases, the amount that can be stored and insured at any single location has fallen, forcing companies to juggle gold bars, according to a Bloomberg report.
2020-9-7 22:30 | |
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Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says.
2020-9-4 14:42 | |
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A bullish comment on gold by a top Bloomberg Intelligence analyst could leave Bitcoin in a similar upside spell. The firm’s senior commodity strategist, Mike McGlone, said in his August update that he expects the precious metal’s price trajectory to accelerate.
2020-8-25 09:11 | |
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Bitcoin has endured a sharp drop together with gold, silver, and NASDAQ-100
2020-8-8 22:10 | |
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Bloomberg suggests that the price of Bitcoin is stabilizing at six times the price of gold, yet it contends that the asset is still undervalued.
2020-8-5 19:09 | |
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Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded. ” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775.
2020-7-31 07:30 | |
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Bitcoin is becoming more like gold in the macroeconomic sense and will continue outperforming its peers, Bloomberg said in its latest cryptocurrency report sent to subscribers. The Bloomberg Crypto Outlook July 2020 Edition reported the current low volatility in Bitcoin and how it would fare in the broader market that included gold, and stocks. The […]
2020-7-6 12:32 | |
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Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold.
2020-6-26 16:00 | |
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Despite the current market uncertainties some pundits point to gold and Bitcoin (BTC) as suitable hedges against future downturns. BTC remains of the best performing assets, maintaining its decoupling from mainstream stocks.
2020-6-5 21:07 | |
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Bloomberg Intelligence?s Mike McGlone calls Bitcoin ?digital gold? while predicting its price appreciation
2020-6-3 18:28 | |
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Many gold investors are not endorsing Bitcoin as an investment option. Nevertheless, digital asset manager CoinShares launched an index that tracks gold and five crypto assets. CoinShares’ CGCI is EU BMR Compliant Earlier on Tuesday, CoinShares launched CoinShares Gold and Cryptoassets Index (CGCI).
2020-5-27 19:00 | |
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Bloomberg Intelligence?s commodity expert Mike McGlone is certain that Bitcoin and gold could further appreciate in 2020
2020-5-27 17:44 | |
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Hedge funds are flocking to store-of-value assets even as the stock market continues to rise. According to a report in Bloomberg, sophisticated traders are hedging their bets against rising inflation and are investing in gold.
2020-5-19 21:20 | |
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Bitcoin’s recent rally to $10,000 has renewed investor’s interest in the market, also drawing the attention of prominent traditional analysts and investors One prominent commodity strategist at Bloomberg explained that he believes BTC and gold are the two assets most-likely appreciate throughout 2020 This comes as the cryptocurrency’s technical outlook begins growing incredibly bright Bitcoin has seen some incredibly bullish price action in the time following its rebound from mid-March lows of $3,800. It’s subsequent […]
2020-5-10 22:00 | |
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Prominent BTC advocate and investor Max Keiser criticizes gold bug Peter Schiff and popular Bloomberg TV host Joe Wiesenthal for being ?wrong about Bitcoin?
2020-5-9 13:04 | |
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A billionaire and wildly successful trader has just given Bitcoin a rather large endorsement. Paul Tudor Jones said the cryptocurrency is this generation’s gold, according to a report in Bloomberg.
2020-5-8 22:15 | |
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Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by the coronavirus-induced stock market tailspin.
2020-4-24 20:30 | |
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In a digital report, Bloomberg praised Bitcoin’s performance and its multiple economic benefits compared to gold, emphasizing that the token has not been in the same position as traditional markets during this crisis.
2020-4-24 10:05 | |
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Bitcoin is going to boom this year. That's the verdict according to Bloomberg's crypto outlook for 2020. Spoiler alert: BTC is digital gold. The post Bloomberg Says Bitcoin Will Hit $14,000 in 2020 Thanks to Gold appeared first on CCN.com
2020-1-10 21:08 | |
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Bitcoin, like gold, is a limited asset that can't be easily increased to meet demand. Bloomberg analysts predict the price of both will rise this year.
2020-1-8 19:17 | |
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A recently released research paper from Bloomberg has painted a positive picture for Bitcoin heading into 2020. The key takeaways being that the major cryptocurrency should top $10,000 soon and that it will also follow a similar path to gold — which is in an upward trend, currently.
2019-12-5 16:08 | |
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Poland has bought 100 tons of gold from the Bank of England, making it the 22nd biggest bullion holder in the world. Would it benefit from putting this money into Bitcoin instead? According to BNN Bloomberg, the Central Bank Governor Adam Glapinski told reporters that the gold reserves represent “the strength of the country.
2019-11-29 17:06 | |
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Ex-Overstock CEO, Patrick Byrne, has liquidated his $90 million stake in the company in order to fund investments in bullion and cryptocurrency. According to Bloomberg, Byrne did this to “battle the deep state” that he reportedly helped in an investigation against a Russian activist who is currently in prison for attempting to influence United StatesRead MoreRead More.
2019-9-20 12:45 | |
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Growing fears of a full-blown trade war with the U. S. has sent China on a gold-buying spree in a bid to increase its reserves of the yellow metal. According to Bloomberg, the world's second-largest economy increased its bullion holdings by 0.
2019-9-10 17:24 | |
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Among experts in crypto, the issue of the relationship between gold and bitcoin is being discussed more actively. Comparing the quotes of gold and digital gold, Forbes and Bloomberg, voluntarily or involuntarily, recognize almost equal rights of two assets to be a safe haven.
2019-8-24 15:47 | |
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While investors agree that the current monetary policies from central banks will spell doom for the market, there is no consensus on which asset takes primacy as a hedge against the coming uncertainties.
2019-8-21 19:00 | |
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Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence. The senior commodity strategist on Tuesday said bitcoin price is in an “extended hibernation” state because more people are storing the cryptocurrency like gold instead of trading it on the spot.
2019-8-21 16:00 | |
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Today, Mark Mobius, market fund manager and the founder of Mobius Capital Partners LLP, appeared in an interview with BNN Bloomberg where he said that demand for cryptocurrencies will increase and boost the demand for gold owing to the imminent interest rates cuts by central banks.
2019-8-21 00:42 | |
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By CCN Markets: Mark Mobius, the legendary emerging-markets investor and founder of Mobius Capital Partners, referred to bitcoin as a “psycho-currency” on Tuesday in an interview with Bloomberg. He claimed the rise of “faith-based” cyber-currencies would ultimately push investors towards hard assets like gold.
2019-8-20 12:02 | |
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The correlation between Bitcoin and physical gold has almost doubled in the past three months, fresh data from Bloomberg reveals
2019-8-8 14:27 | |
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Bitcoin has been showing the properties of becoming a store of value and a safe haven and slowly but surely the mainstream media and experts are coming to the same realization as well. Paul Richards, the President of Medley Global Advisors and former Managing Director at UBS recently spoke with Bloomberg about the asset classes […]
2019-8-6 17:05 | |
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Bitcoin’s latest moonshot to a new 15-month high has not just left the gold market in its dust, but also the nascent cannabis market. Bitcoin Vs. Cannabis: The Grass Is Always Greener Data comparing Bitcoin price with the global cannabis market, confirms a trend which will likely bring enthusiasts back down to Earth.
2019-6-25 17:00 | |
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Bitcoin Over Gold During Bloomberg’s “ETF IQ” segment yesterday, a financial advisory head said Bitcoin (BTC) exchange-traded funds (ETF) are preferred over their gold counterparts by millennial investors.
2019-5-24 03:27 | |
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In a recent interview with Bloomberg experts, Nate Geraci, President of ETF Store, while talking about the Bitcoin ETF approval, hinted that younger clients were moving towards Bitcoin citing better investments.
2019-5-24 00:30 | |
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During a Bloomberg TV interview, Nate Geraci, president of independent investment adviser ETF Store, stated the majority of millennial investors want to invest funds in a bitcoin ETF, if only the US Securities and Exchange Commission would let them.
2019-5-24 18:58 | |
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By CCN: The US investing industry stands on the precipice of a dramatic upheaval that could see bitcoin and other cryptocurrency assets replace gold in investor portfolios. That’s according to Nate Geraci, president of the ETF Store, an independent investment advisor.
2019-5-24 18:37 | |
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Nintendo is preparing to offer up its next mobile game, and rumor has it the company is hoping this one will be a gold mine. Given the franchise it’s from — and what Nintendo has done adapting its less well-known series — it probably will be.
2019-4-25 20:11 | |
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According to a Bloomberg report published April 24, 2019, an increasing number of companies are using blockchain technology to track the supply chain of valuable minerals like gold, tin, tungsten, and tantalum, among others.
2019-4-25 19:00 | |
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Founder and chief executive officer at Galaxy Digital, Mike Novogratz, recently appeared on Bloomberg TV to discuss crypto and Bitcoin. Acknowledging the crypto crash, he remains bullish and expects another rally to come soon.
2019-2-14 11:00 | |
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Mike Novogratz, long-time Bitcoin bull and founder of the crypto merchant bank Galaxy Digital, did an interview with Bloomberg… The post Mike Novogratz: “Bitcoin Is Going To Be Digital Gold” Because It’s Sovereign appeared first on Invest In Blockchain.
2019-2-14 03:51 | |
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Galaxy Digital Founder Believes That Bitcoin Is “Going To Be Digital Gold” Mike Novogratz is known for his former work on Wall Street with Goldman Sachs, but he has since made a name for himself in the cryptocurrency industry with the crypto merchant bank Galaxy Digital. Recently, he sat down with Bloomberg TV for an […]
2019-2-13 21:24 | |
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Bitcoin has fared poorly as a store of value asset in the past decade, according to John Normand. The head of JPMorgan’s cross-asset management unit told Bloomberg that gold was a better hedge than Bitcoin since July 2010.
2019-1-29 21:49 | |
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The Bank of England denied a bid by Nicolas Maduro, Venezuela’s dictatorial ruler, to withdraw $1. 2 billion worth of Gold, reported Bloomberg. The move came after top US officials requested their UK counterparts to disconnect the Maduro’s regime from its assets abroad.
2019-1-26 18:00 | |
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Analyst Talk About How BTC Could Hit $100K By Being A Better Store Of Value Than Gold For most people, BTC use case is not quite clear. However, a lead investor recently explained on Bloomberg that BTC is a store of value at its most basic. He even claimed it was better at this than […]
2019-1-1 23:50 | |
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For many average Joes, Bitcoin’s use case is viewed as nebulous, a concept squirreled off in the ether by crypto’s pundits. Yet, a leading investor took to Bloomberg to accentuate that Bitcoin (BTC) is fundamentally a store of value (SOV), and one that is even better than gold, the de-facto king of investments for millennia.
2018-12-31 14:19 | |
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