Gold Price Climbs to Six-Month High as Analysts Anticipate Further Growth in 2023

Coinspeaker Gold Price Climbs to Six-Month High as Analysts Anticipate Further Growth in 2023 Gold price is on a steady rise, and analysts opine it could further benefit from a string of 2023 fiscal policies.

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Turning Garbage Into Digital Gold: The Rise Of Landfill Bitcoin Mining

Powering bitcoin mining operations with landfill waste is the latest trend in sector growth as miners capitalize on wasted and stranded energy resources.

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Bitcoin and gold face headwinds amid strengthening dollar

Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year.

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Bitcoin is real money, a "safe haven" asset as per this big-name in finance

Businessman and best-selling author Robert Kiyosaki described Bitcoin [BTC], silver, and gold as a "buying opportunity" amid the rise of the US dollar and interest rate. The author shared a tweet fThe post Bitcoin is real money, a "safe haven" asset as per this big-name in finance appeared first on AMBCrypto.

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Gold Market on the Rise – AABBG Token and the Gold Crypto Opportunity

The current economic scenario has awoken the gold bulls on the financial markets. The fears of an economic recession and the currently high inflation are pushing the gold prices up. In this particular framework, investors seem to have a new weapon under their belt: gold-backed cryptocurrencies.

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S&P500, Bitcoin and Gold on Rise Following Historic Rate Hike: Here's What's Next

Here's how financial assets act during historical financial event

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Stocks Down, Oil Falls, Bitcoin and Gold Slightly Rise

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Bitcoin Latest Price Drop Suggests It’s Not ‘Digital Gold’ for Everyone

Bitcoin was cast by some investors as a potential "store of value." Instead, as geopolitical tensions rise, the cryptocurrency's price has fallen.

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Bitcoin’s Correlation With S&P 500 And Nasdaq Is On The Rise As Markets Await Fed’s FOMC Meeting

Meanwhile, Bitcoin’s correlation with gold has been mostly negative as the traditional safe-haven trades around $1,785 per ounce, down 14% from the $2,075 ATH hit in August 2020. The post Bitcoin’s Correlation With S&P 500 And Nasdaq Is On The Rise As Markets Await Fed’s FOMC Meeting first appeared on BitcoinExchangeGuide.

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Bloomberg Intelligence: Bitcoin May Rise To $100,000 In 2022

According to Bloomberg Intelligence analyst Mike McGlone, the global economy may face new deflationary shocks in 2022. They will provoke a rise in prices of bitcoins and gold.

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Despite challenges, Bitcoin SV continues to see rise in investors

Bitcoin took a while to gain an agreeable community and it didn’t come easy. Over the years it suffered multiple hard forks which gave birth to coins like Bitcoin Cash, Bitcoin Gold, etc. One such hThe post Despite challenges, Bitcoin SV continues to see rise in investors appeared first on AMBCrypto.

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Here’s Why Current Gold Rise May Be Bad for Bitcoin, According to Peter Schiff

Famous Bitcoin critic and gold bug Schiff slams SHIB, states that the current gold spike brings bad news for the leading digital currency, BTC

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JP Morgan: Institutional Investors Prefer Bitcoin (BTC) Over Gold as Inflation Fears Rise

Forget gold, institutions are piling into bitcoin (BTC) to hedge against raging inflation. BTC More Attractive than Gold, JP Morgan Report Says According to a recent statement by Wall Street behemoth JP Morgan Chase, institutional investors are more interested in the premier cryptocurrency compared to gold, especially when it comes to holding an asset toRead More

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Institutional interest in Litecoin on the rise, Grayscale Litecoin Trust up by 32%

Institutional interest in Litecoin is on the rise. While it is known as the "silver" to Bitcoin’s gold, that narrative is changing. It looks like Litecoin might be standing independently, since instThe post Institutional interest in Litecoin on the rise, Grayscale Litecoin Trust up by 32% appeared first on AMBCrypto.

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Adventure Gold (AGLD) registers a 723% rise in 24 hours: here are the best places to buy it

Adventure Gold (AGLD) coin is continuing with its bullish trend since it was unveiled with the recent price movements sending its price 723% up in 24hours. With such a major price hike, investors can’t keep their eyes off the coin with most looking for how to add it to their crypto portfolios.

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Is the shift to 'newly created and technically-superior' cryptocurrencies inevitable

Cryptocurrency has seen a significant rise in demand over the years. In his article titled The Osmosis Theory of Wealth Transfer: Gold to USD to Cryptos, Dr. Ryan Orr, Ph.D., discussed the gradual shiThe post Is the shift to 'newly created and technically-superior' cryptocurrencies inevitable appeared first on AMBCrypto.

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USDR: The rise of internet's gold supported reserve currency

Cryptocurrency has been a buzzword for quite some time now and has attracted much attention across the world. The most interesting part of cryptocurrency is that it is not issued by any central authorThe post USDR: The rise of internet's gold supported reserve currency appeared first on AMBCrypto.

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Falling Lumber Prices, Inflation, And The Impact On Bitcoin As Digital Gold

Since Black Thursday 2020, few asset classes have run as wild on a total ROI basis than Bitcoin and cryptocurrencies, as well as commodities like lumber. The rise of the assets with limited supplies is associated with post-pandemic inflation as well as an ongoing supply crunch due to shutdowns.

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We’re Going to Stick to Bitcoin, Even Though Gold May Soar Too, SkyBridge Capital Co-CIO Says

Co-CIO of SkyBridge Capital fund says that Bitcoin is preferable for them, even though gold is likely to rise as well, since one can capture "a bit more juice" with BTC

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Peter Schiff Gloats Over Bitcoin Sharp Decline, Praises Recent Gold Rise

Vocal Bitcoin critic Peter Schiff mocks the Bitcoin collapse and points out that gold has been on the rise recently

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Institutions May Be Dropping Bitcoin for Gold As BTC Slips Below $40,000: JP Morgan

Analysts of top bank JP Morgan believe that institutions might be pivoting back to gold from Bitcoin but Bloomberg’s top expert reckons BTC will keep barring XAU’s rise

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Countries Adopt Bitcoin as Hedge Against Inflation, Threatening Gold as a Store of Value

A new report suggests that the rise of crypto and bitcoin in particular, could affect gold prices. Led by a strong non-fungible token (NFT) market in quarter one of 2021. The post Countries Adopt Bitcoin as Hedge Against Inflation, Threatening Gold as a Store of Value appeared first on BeInCrypto.

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Bitcoin, Stocks, and Gold Rise over the Dollar after Inflation Report

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Bitcoin is not gold and why that is a good thing

Macro trends have been playing an important role over the last few weeks. With the U.S Treasury Bonds undergoing a yield rise, any asset arching up in the charts has been historically identified to reThe post Bitcoin is not gold and why that is a good thing appeared first on AMBCrypto.

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Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President

St. Louis Federal Reserve President James Bullard doesn’t think the leading digital currency poses a serious threat to the US dollar’s status as the world's reserve currency. “I just think for Fed policy, it's going to be a dollar economy as far as the eye can see and whether the gold price goes up or […] The post Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President first appeared on BitcoinExchangeGuide.

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ShapeShift CEO Erik Voorhees on Bitcoin’s future and Peter Schiff’s big gold mistake

Bitcoin’s rise in 2020 was marked by institutions purchasing the asset as a hedge against global inflation, a bleak economic outlook, and an overall low-yield environment in the traditional finance market.

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Bitcoin could theoretically rise by 160%, IF this happens

According to a recent research report by Bridgewater Associates, Bitcoin’s price could theoretically rise by at least 160% if allocations towards gold are diversified into Bitcoin instead. ExplorThe post Bitcoin could theoretically rise by 160%, IF this happens appeared first on AMBCrypto.

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S&P Global: Cryptocurrencies Have Become Mainstream and Are Here to Stay, Bitcoin Reminiscent of Gold Rush

S&P Global says cryptocurrencies have become mainstream and appear to be here to stay, as more companies are offering crypto services and adoption is growing worldwide. Meanwhile, an S&P analyst believes that bitcoin’s rise is reminiscent of the U.

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67% of Millennials Believe Bitcoin Is A Superior Safe Haven Compared to Gold

Millennials believe that Bitcoin is a better safe-haven than gold. Despite its increased adoption, Bitcoin has experienced several social problems in its continued rise to prominence. The post 67% of Millennials Believe Bitcoin Is A Superior Safe Haven Compared to Gold first appeared on BitcoinExchangeGuide.

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Peter Schiff Explains Why Bitcoin May Continue to Rise

Prominent Bitcoin hater Peter Schiff has offered an explanation why BTC may continue to rise; he still believes gold is superior to BTC, though

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Skybridge Capital: Bitcoin Price Must Reach $535k to Match Gold

Anthony Scaramucci’s fund, Skybridge Capital, says that for Bitcoin to overtake gold and dominate as a store of value, its price must reach $535k. Bitcoin Must Rise 121X to Overtake Gold As per their investment deck published on Jan 4, this 121X expansion in the BTC/USD price will translate to a market cap of overRead More

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Bitcoin Surged Almost 4X in 2020, Peter Schiff Admits, But He Remains Sceptical About BTC

Bitcoin critic Peter Schiff has admitted a major BTC rise in 2020, however, he still slams BTC, claiming that a major rise does not make it a store of value, unlike gold

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Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan

The rise of bitcoin is hurting the gold market and may continue to do so for many years to come as institutional adoption grows, according to JPMorgan Chase & Co strategists. Led by Nikolaos Panigirtzoglou, the strategists noted the declining inflow of funds allocated to gold exchange-traded funds (ETFs) since October, as flows into bitcoin […] The post Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan appeared first on Bitcoin News.

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JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery

JPMorgan Chase says the rise of digital assets could make gold suffer. While money poured into Bitcoin in October, gold saw a record amount of outflows. According to the bank’s quantitative strategists, including Nikolaos Panigirtzoglou, this trend is only going to continue in the long run as more institutional investors take a position in the […] The post JPMorgan: Bitcoin’s Rise Coming at Gold’s Expense; BTC Price Overshot, Bullion Due for Recovery first appeared on BitcoinExchangeGuide.

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JPMorgan Says Growing Bitcoin Adoption Spells Doom For Gold – Here’s Why

In JPMorgan’s usual predictions on gold and crypto markets’ shift, the famous American Wall Street bank said the rise of cryptocurrencies in mainstream finance would keep coming at the expense of gold.

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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.

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QE Link to Gold, Silver and Tech Stocks?

Gold, silver and tech stocks began to rise as the Fed stepped up its asset purchases, and gave up some gains as the pace of quantitative easing slowed.

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Nexo Chief: Bitcoin Boomers Flock to Semi-Centralized Finance Platforms

In 2020, crypto assets have outperformed gold and equities. Stocks have seen a lot of volatility leading up to the 2020 US presidential election. Antoni Trenchev, CEO of the Nexo online lending/borrowing platform, explained why Ethereum and other assets are on the rise.

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Crypto Surpasses Gold and US Stocks Rise 70%?Best-Performing Asset: China Central TV

China Central TV and several big Chinese media outlets have called cryptocurrency the best-performing asset this year that shot up higher than gold and US stocks

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Peter Schiff’s Son Is Buying More Bitcoin Against Father’s Warning

It was recently reported that Ethereum whales are on the rise, Bitcoin whales have also been springing up this month and ironically, the son of popular gold advocate Peter Schiff might have made up the growing number of wallet holders increasing their existing funds.

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Winklevoss Twins Pen Down the Bullish Case for $500k Bitcoin

The Winklevoss twins —the founders of the regulatory compliant Gemini, are convinced the U. S. dollar is no longer a reliable store of value. Instead, their confidence is on Bitcoin.   Gold and Oil as Store of Value Assets On Aug 27, the Winklevoss twins penned an article detailing why the digital asset may rise to $500k a pop,Read MoreRead More.

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Gold, Dollar Signaling Inflation Risk?

A surge in gold prices and weakness in the US dollar could be signaling expectations for inflation to rise amid massive monetary and fiscal spending.

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Gold Will Rise on Currency Collapse, Say Analysts

The global COVID-19 crisis has created a currency vacuum that will drive the price of gold up, according to analysts at SkyBridge Capital. The team believes the global currency market will implode, and gold will fill the gap left behind.

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Capital Flight Out of Asia Is Taking Bitcoin Express: Max Keiser

Bitcoin maximalist Max Keiser has tweeted that the current BTC rise could be due to capital flight from Asia at the moment and gold cannot be hauled around

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Gold Price Scales to New Heights, Silver May Rise Even Higher

Coinspeaker Gold Price Scales to New Heights, Silver May Rise Even HigherGold price has so far reached its all-time high after crossing $2,000 level easily. Despite the fast rally, analysts anticipate silver price to outperform it.

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Goldman Sachs: Gold to Reach $2,300 by 2022 and Replace Dollar as Reserve Currency

Coinspeaker Goldman Sachs: Gold to Reach $2,300 by 2022 and Replace Dollar as Reserve CurrencyAs Goldman Sachs analysts have explained, one of the main factors to foster gold price's further rise is concern over the US dollar's global standing as a reserve currency.

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Bitcoin Celebrates USD’s Loss of Power as The Dollar Records its Worst Month in a Decade

USD first took a hit in mid-March from 102.7 along with all the other asset classes, be it bitcoin, gold, or stocks. But before that month was over, it was back on the rise only to range till May. But then it yet again started sliding to reach 93 on June 30, although on Friday, […]

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Litecoin (LTC) leads large-cap gains as Bitcoin breaks $11,000

Litecoin — long heralded as the “digital silver” to Bitcoin — led gains in border crypto market this week as the DeFi boom, poor economic outlook in traditional markets, and the rise of gold sparked somewhat of a crypto run.

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Each Time Bitcoin Rose Above $10,000, It Then Printed Big Fall?How Far Will BTC Plunge Now? Asks Peter Schiff

Gold bug Peter Schiff has commented on the Bitcoin rise above $10,000, saying that BTC may retrace soon as it has each time after breaking above $10,000 in the past

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