2020-5-16 13:39 |
Gold price has hit four-week highs as the Dow Jones continues to struggle, threatening to break all-time highs set in 2011. The post Gold Price Blings 4-Week Highs as Analysts Predict $3,000 in 2021 appeared first on CCN.com origin »
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Bitcoin has seen some immense bullishness throughout the past couple of days, with the benchmark cryptocurrency incurring a notable uptrend that allowed it to climb from lows of $7,700 to highs of $9,500.
2020-5-1 00:00 | |
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In brief: Gold is thriving as the Feds and other global Central Banks continually print fiat to cushion against the possibilities of a recession. The IMF has warned that the world is on track to experience its worst recession since the Great Depression of the 1920s.
2020-4-15 17:14 | |
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Bitcoin is struggling to decouple from traditional assets during the coronavirus-driven crisis, but its long-term correlations remain low, according to VanEck
2020-4-4 22:02 | |
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Over the last month, as the coronavirus continues to have a devastating impact on the economy and markets, stocks, gold, Bitcoin, and other cryptocurrencies all saw record-breaking collapses. However, today, multiple stock indexes limited up, and the safe-haven asset gold has reclaimed previous highs.
2020-3-25 22:00 | |
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Bitcoin has been in a daily downtrend for the last two weeks and most news headlines have been talking about how Bitcoin is definitely not a safe-haven because it hasn’t been able to recover while Gold was seeing higher highs every day.
2020-3-2 22:28 | |
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Gold prices have recently hit 7 year highs as caution in the traditional markets continues to mount. With Gold prices surging, it’s evident that investors are piling into the asset class. It’s worth noting that some investors shy away from gold due to the complexity of owning it.
2020-2-26 20:46 | |
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Gold is outshining other financial assets on Thursday. The yellow metal rose for a sixth consecutive day en route to fresh seven-year highs. The post Gold Price Hits 7-Year High as Fed Scrambles to Curb Rate-Cut Mania appeared first on CCN.com
2020-2-21 23:29 | |
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Bitcoin has crossed into bullish territory above $10,000 alongside gold's rally toward seven-year highs.
2020-2-19 14:00 | |
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The price of gold looks poised to breakout of new seven-year highs this quarter as fear, uncertainty and doubt grips financial markets. The post Gold Price Poised to Knock Out Another 7-Year High: 3 Reasons Why appeared first on CCN.com
2020-1-31 23:07 | |
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Now that gold has rallied to multi-year highs, it's time for silver to follow suit. Three factors may propel the grey metal higher in 2020. The post 3 Reasons Why Silver Can Beat Gold in 2020 appeared first on CCN.com
2020-1-8 17:12 | |
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The price of gold is trading at its highest level since September thanks to these three underlying factors. The post Gold Price Just Smashed 3-Month Highs: 3 Reasons Why appeared first on CCN.com
2019-12-29 12:00 | |
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Gold's price rose sharply on Tuesday, as investors dumped risk assets in favor of precious metals and U.S. government bonds. The post Gold Price Spikes to Monthly Highs: 2 Reasons Why appeared first on CCN.com
2019-12-4 01:00 | |
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Coinspeaker Following a Hike, Gold Price Drops Sharply Dragging Down SilverIt seems that several factors played against gold recently. With Washington announcing the reach of a partial trade deal with Beijing being just one of them, gold price dropped sharply from its previous highs.
2019-11-15 16:50 | |
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Gold rallies to an intraday high of $1,475. 50/oz. Precious metals trade at more than one-week highs as risk appetite wanes. Serbia bought nine tons of gold in October to hedge against crisis. The price of gold extended its rally on Thursday, as waning risk appetite drove investors into the relative safety of precious metals.
2019-11-15 00:20 | |
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Gold futures rose by as much as $23 on Wednesday, erasing much of last week’s sharp slide. U. S. government bond yields pare back from three-month highs. Bullion is more attractive to investors following last week’s brutal skid.
2019-11-14 19:35 | |
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Gold price dropped by 4% as U. S. stock market hit record highs. Major U. S. banks including JPMorgan and Citibank closed positions on gold for more risky alternatives. Nobel laureate says geopolitical risks are over-estimated, making the environment better for stock market over gold.
2019-11-10 14:13 | |
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Today, the market has hit yet new highs. The benchmark S&P 500 Index, up 22. 7% so far this year, is on track to rise for a fifth week in a row while Nasdaq is eyeing its sixth straight week of gains.
2019-11-7 22:50 | |
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Gold recovers after posting its biggest fall in over a month. China is looking for a significant rollback in tariffs before finalizing ‘phase one’ trade agreement with Washington. U. S. dollar maintains three-week highs.
2019-11-7 22:20 | |
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According to Max Keiser, a financial commentator, China’s cryptocurrency DCEP will be backed by gold and not the US dollar. He also noted that gold is currently making new significant highs against flat currencies.
2019-11-2 19:11 | |
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The price of gold surged to more than five-week highs on Wednesday. U. S. stocks plunged over trade-deal uncertainty. Risk sentiment wavers following ‘hawkish rate cut’ from the Federal Reserve on Tuesday.
2019-11-1 16:00 | |
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The recent Bitcoin (BTC) jump from $7,300 to $9,700 has renewed bullish expectations. Just three days ago, you had analysts calling for a return to the $3,000 lows — gold bug Peter Schiff even noted that $2,000 was in the cards; now, all eyes are on new all-time highs for Bitcoin.
2019-10-28 15:00 | |
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In his partly advertising post on the Seeking Alpha website, Brian Fletcher, gold & precious metals, hedge fund manager, research analyst, long/short equity, – states that Bitcoin just heating up before taking off to the absolute highs.
2019-10-18 11:12 | |
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“BTC is the most undervalued asset in the world today,” while equities, bonds, precious metals, real estate, and venture capital are all near their all-time highs, says Ikigai founder Travis Kling. Hitting New Peaks The yellow metal, gold recently jumped to a fresh six-year high and is now trading near this level. Experts believe the […]
2019-10-10 17:06 | |
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The price of gold plunged anew on Monday, extending last week’s slump as the U. S. dollar notched fresh two-year highs and stocks resumed their upward momentum. Futures on December gold delivery reached a session low of $1,472.
2019-10-1 23:30 | |
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The price of gold was under pressure Friday, extending a weeklong slump that saw the U. S. dollar rise to multi-year highs against a basket of currencies. Gold Tumbles; Silver Follows Futures on December gold delivery reached a session low of $1,493.
2019-9-28 00:00 | |
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Earlier this year, the anecdote that bitcoin serves as a safe-haven asset in times of heightened macroeconomic risks received support from factual data. The benchmark cryptocurrency and its traditional rival gold both established year-to-date highs as the U.
2019-9-18 18:00 | |
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This Friday the 13th, there is nothing that is spooking investors. This week several market events unfolded that has the S&P 500 and Dow Jones Industrial Average both coming close to touching the record highs.
2019-9-13 20:21 | |
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Gold prices may rally to its historic high in the next year or two, according to CitiGroup. The American multinational banking firm forecasted gold at $2,000 an ounce by the close of 2021's third quarter, citing a list of catalysts that may propel the price.
2019-9-12 18:10 | |
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Bitcoin could drop dramatically in the short term before experiencing a historic rise to new heights, one of the cryptocurrency industry’s best-known researcher says. Bitcoin Mimicking Gold ‘Not Surprising’ Adding his weight to the current discussion on Bitcoin’s utility versus gold, Dan McArdle, co-founder of analytics firm Messari, said the cryptocurrency could copy the precious metal’s behavior in the coming years.
2019-8-8 12:00 | |
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Gold is holding near 6-year highs amid Friday’s non-farm payrolls (NFP) data. The yellow metal looks set to record another week of bullish gains after smashing through previous resistance at $1,360.
2019-7-6 12:57 | |
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Dow Jones futures were paralyzed in early trading Tuesday as major warning signs flashed across the broader stock market. The market is in the bizarre position where all asset classes are firing on full power.
2019-6-26 14:41 | |
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By CCN Markets: Longtime crypto critic and gold proponent Peter Schiff is excited. He’s not happy due to the stock market hitting new all-time highs or bitcoin prices surging but rather by a microscopic advance in the price of gold.
2019-6-22 22:45 | |
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Bitcoin price in recent days has started a long-overdue correction following a powerful multi-month, parabolic rally that took the price of the crypto asset from a trading range between $3,000 and $4,000, to local highs of over $9,000.
2019-6-6 04:01 | |
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Litecoin, the silver to Bitcoin’s gold, has been a poster child for all cryptos owing to its massive rally since mid-December, 2018. In fact, it has risen by ~350% since December 2018. However, the price started to collapse in the second week of April.
2019-4-11 13:30 | |
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Bitcoin and gold both hit three-week highs on Thursday after a period of highly correlated trading. It comes as the dollar crashes and warning signs flash on the stock market. The correlation strengthens bitcoin’s case as “digital gold” and proves that traders are beginning to treat cryptocurrency like a traditional asset.
2019-3-21 16:13 | |
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The Bitcoin price highs of December 2017 made many investors rich, but none more so than the four remaining owners of a 1000 BTC physical bitcoin made of gold. Six Coins, 6000 BTC Casascius coins, which appeared in various denominations as low as 1 BTC from 2011, have become collector’s items after regulators ended their limited issuance in November 2013.
2018-8-22 04:00 | |
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At the time of this article, the news from the Winklevoss ETF being denied by the SEC is still fresh and it is unclear what impact it may have on the overall macro trend of the market.
2018-7-27 00:57 | |
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In the last decade, the term “smart city” has evolved from a geeky name drop opportunity, evoking Venus Project-esque undertones, to the gold standard of serious urban planning. With the world’s population scratching the 8 billion mark from below, and urbanization rates at all-time highs, it’s not hard to see why city planners are pinning […]
2018-7-13 20:00 | |
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Bitcoin ETFs launched with high expectations in 2024. One year later, we analyze their performance, market influence, and whether they’ve lived up to the hype.
If there’s one crypto asset that is expected to make it big this 2025, it has got to be Bitcoin. The premiere crypto has demonstrated remarkable success as it ushers in 2025. Registering solid numbers in the last few weeks, analysts have high hopes that it can make further breakthroughs.
Cathie Wood, who is the CEO and chief investment officer of Ark Invest, made a prediction during an interview with Bloomberg, suggesting that Bitcoin will hit a price of $1 million by 2030.
Launched in 2009, Bitcoin has massively surged as the flagship cryptocurrency recently hit an all-time high of $106,533. Since the U. S. presidential election, the value of the cryptocurrency has increased by at least 50 percent.
El Salvador, the first nation to adopt Bitcoin as legal tender, is reportedly negotiating changes to its Bitcoin policies in exchange for a $1. 3 billion loan from the International Monetary Fund (IMF).
Ray Dalio has highlighted the growing risks of global indebtedness, urging investors to pivot toward “hard money” assets like gold and Bitcoin rather than traditional debt instruments. Speaking at a financial conference in Abu Dhabi, Dalio expressed concerns about mounting…
Bitcoin (BTC) shattered the $100,000 price milestone yesterday, reaching as high as $104,088 on Binance crypto exchange. This historic price action has prompted analysts at the trading firm Bernstein to assert that Bitcoin is well-positioned to replace gold within the next decade.