After gold, can Bitcoin take on the stock market

Bitcoin has emerged as the optimum store of value in today’s world. In this digital era, everyone wishes to own some form of a digital asset. To what extent this is reflected in investor behavior, iThe post After gold, can Bitcoin take on the stock market appeared first on AMBCrypto. дальше »

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XRoad Is Changing the Cloud Computing Industry and Launching Innovative NFT Product, GoldDebit by XRI

An innovative NFT product, named GoldDebit, by XRI(XRoad Initiative) is upcoming. What is GoldDebit NFT? GoldDebit NFT is a new type of  NFT product of gold bullion. In addition to the asset value of the gold bullion, GoldDebit NFT has a highly entertaining element. дальше »

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Bitcoin and Gold Correlation Turns Negative, Approaching 3-Year Lows with Tapering Looming Ahead

Bitcoin is keeping above $45k after surging past $46,800 on Wednesday, still up more than 57% YTD.  The digital asset hasn't seen these levels since mid-May, which further gives strength to the 200-day moving average as a potential support level. дальше »

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This asset might fight Bitcoin's SoV status and it's not Gold!

The idea of a store-of-value asset has been evidently discussed in the cryptocurrency industry. It is a popular term in the traditional economic landscape. SoV narrative picked up more steam over tThe post This asset might fight Bitcoin's SoV status and it's not Gold! appeared first on AMBCrypto. дальше »

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Peter Schiff Reveals How He Would Have Spent Mesmerizing Bitcoin Returns Had He Invested In BTC Earlier

Since gold advocate Peter Schiff heard of bitcoin, the asset’s price has risen parabolically, outperforming his favorite precious metal as well as major stock indices like the S&P 500. Peter Schiff’s Dismissal Of Bitcoin Cost Him A Jet In a tweet on August 6, Schiff told his 543,000 followers that he had traveled with his […] дальше »

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11% of Central Bankers Consider ‘Cryptocurrencies Like Bitcoin’ Gold Alternatives: UBS Survey

A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold. дальше »

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Bitcoin, Altcoins, Gold, Stocks: This is the best long-term asset according to this exec

People today have a plethora of assets to choose from and allocate their funds. Money has already started changing tracks and is gradually moving towards newer assets from the typical assets offered aThe post Bitcoin, Altcoins, Gold, Stocks: This is the best long-term asset according to this exec appeared first on AMBCrypto. дальше »

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Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year

Indian households are known for their affinity for gold but 2020 brought in a notable shift in investment allocation. While Indians own more than 25,000 tons of gold, investments in cryptocurrencies soared from about $200 million to almost $40 billion in the past year despite a proposed trading ban and outright hostility toward the asset […] The post Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year appeared first on Invezz. дальше »

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Bristol Gold Group Member Trey Reik Says He Feels "Jealous" of Bitcoin

Gold expert Trey Reik evaluated Bitcoin as an investment asset, admitting his "jealousy" дальше »

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Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept BTC, Says Fiat Money Is a Fraud

Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world. дальше »

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Former NYSE President Says for Bitcoin to Exceed Gold It Needs to Be Accepted More as Currency

On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass gold’s $10 trillion market capitalization unless it’s […] дальше »

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Gold just got dethroned- Bitcoin is now the safest hedge against inflation

Gold is often considered as the best mainstream asset class to hedge against inflation, but recent research studies show that it hasn’t lived up to its hype. It not only failed to generate variable interest, but it also underperformed during this crisis, making it an unreliable asset, at least in the short term. дальше »

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Bitcoin and Gold “Inversely Correlated,” One is a Risk Asset and Other Safe Asset: BofA Head of Commodities

According to Francisco Blanch, bitcoin is good for “creating a new ecosystem of value transfer” and a new economic organization based on the stakeholder economy as opposed to the current shareholder economy. дальше »

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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. дальше »

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No one expected this asset to push Bitcoin's case in the bearish direction

Over the years, Bitcoin has also been subjected to comparison with other assets. Be it major traditional stocks such as Dow Jones or S&P 500, or commodities such as Gold. Correlations between thesThe post No one expected this asset to push Bitcoin's case in the bearish direction appeared first on AMBCrypto. дальше »

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Ric Edelman says cryptos are the first new asset class in 150 years

Digital assets like Bitcoin (BTC/USD) are not correlated, which makes them different from more conventional assets like gold, oil, real estate, bonds, and stocks, Edelman Financial Engines founder Ric Edelman told Yahoo Finance Live. дальше »

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Joining the ranks: Bitcoin’s correlation with gold and stocks is growing

BTC used to be an uncorrelated asset, but that’s no longer the case. What can gold and stocks suggest about the crypto markets?

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The Bitcoinist Macro Report: Dollar Disrupts, Gold Melts Down, & Sideways Bitcoin

This week’s Fed meeting has been viewed hawkishly by the broader market, and asset prices reacted negatively to the plan to begin to raise interest rates come 2023. Bitcoin fell slightly putting a recovery in crypto on hold, while major stock market indices tumbled on the news. дальше »

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Chinese $4 Billion Investment Firm Partner Holds Bitcoin, Explains Why Warren Buffett Does Not Buy BTC

Managing partner at $4 billion Chinese asset manager has been holding BTC since 2015 and believes it is much better than gold дальше »

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Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold

Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. дальше »

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Bitcoin is An Alternative to Copper As A ‘Risk-On’ Inflation Hedge Instead of ‘Risk-Off’ Gold: Goldman Sachs Analyst

Instead of gold, cryptocurrencies are an alternative to copper as a hedge against inflation, said Jeff Currie, global head of commodities research at Goldman Sachs. Bitcoin has been deemed as a hedge against the rising prices, giving competition to the traditional safe-haven asset precious metal. дальше »

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Bitcoin Vs Gold: Which is the best store of value?

The narrative that Bitcoin is a store of value asset that rivals gold continues to capture imaginations - but after a 50% price slide, has Bitcoin lost its lustre? дальше »

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Ethereum’s Potential to Surpass Bitcoin in Market Cap Escalates: Bloomberg Strategist

Bloomberg commodity strategist Mike McGlone has talked up Ethereum via social media, claiming that the digital asset is to Fintech what Bitcoin is to gold. By definition, Fintech refers to any platform on which technology is used to automate financial transactions and, as McGlone would have it, Ethereum is superior to Bitcoin in such regard. […] дальше »

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Bitcoin Price Trading Analysis: May 25 – Is BTC Looking to Recreate 2013’s Bull Cycle?

After months of near-consensual approbation across mainstream media of Bitcoin as a matured asset class and a store-of-value rival for gold, the last couple of weeks has certainly put paid to any notion arguing prematurely for Bitcoin’s merits as a potential risk-off asset. дальше »

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Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining

When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its impact on the environment. дальше »

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Bank Of Israel Bypasses Bitcoin With Plans For Digital Shekel

2020 brought Bitcoin and other cryptocurrencies to the forefront of finance. Corporations have been buying, hedge funds are swapping gold for BTC, and banks and brands have taken a “can’t beat ’em, join ’em” stance against the emerging asset class. дальше »

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This Billion-Dollar BTC Transfer Explains Why Bitcoin Continues To Eclipse Gold

There’s been an ongoing debate about the most valuable asset and Bitcoin and gold continue to top the conversation, with both assets having supporters that claim one is superior to the other. Over the years, statistics have shown how Bitcoin continues to disbar gold, and even to date, Bitcoin is arguably a better asset as […] дальше »

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From Weak Hands To Strong Hands: Market Pundit Explains Current Trajectory Of Bitcoin

Here are the key takes: ·       BTC is transitioning from a short-term liquid asset to a long-term illiquid asset. ·       A massive rebranding of Bitcoin as an elite digital asset at par with gold appears to be ongoing. дальше »

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Ethereum, Bitcoin Gold, Uniswap Price Analysis: 23 April

After hitting an all-time high on 22 April, Ethereum was seen losing its footing in the market. The digital asset has lost almost 19% of its value after hitting an ATH. Along with ETH, other alts wereThe post Ethereum, Bitcoin Gold, Uniswap Price Analysis: 23 April appeared first on AMBCrypto. дальше »

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Bitcoin Tops Q1 Results With +103% Gains as Gold Brings up The Rear

Messari has compiled the performance of institutional-grade assets for Q1 2021, and Bitcoin leads the pack with a 103% gain. Oil takes second place, up +26%. But continuing to underperform is gold, losing 10%, making it the worst-performing last quarter asset. дальше »

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Bitcoin (BTC) Price May Peak at $400,000 This Cycle: Bloomberg Report

Bitcoin is also “replacing old-guard” gold, that too more sudden than gradual as it fulfills the need for a digital reserve asset in a low-yield environment. The post Bitcoin (BTC) Price May Peak at 0,000 This Cycle: Bloomberg Report first appeared on BitcoinExchangeGuide. дальше »

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Bitcoin will overshadow Gold’s $10 trillion market cap with ease, says acclaimed stockpiler

According to recent reports, analysts at investment management firm, Ark Invest, firmly believe Bitcoin will effortlessly exceed gold’s $10 trillion market capitalization, assuming the position of the asset with the highest market valuation. дальше »

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Michael Saylor to Debate Canadian Billionaire and Gold Proponent Frank Giustra on Bitcoin

Michael Saylor, the CEO of MicroStrategy who became a Bitcoin believer earlier last year, and has since championed Bitcoins’ adoption by continually buying the asset for his company and educating other fintech companies to take part in accumulating some of the assets for their company’s reserve, will be going head to head with Frank Giustra, a […] дальше »

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BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’

The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said that the crypto asset “fits the description […] дальше »

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What Happens When The USA Finally Introduces A Bitcoin ETF

The first gold ETF in the world launched in 2003 and in the decade that followed, the asset burst onto the investment scene and shot up at price? Will Bitcoin follow this path? Gold has become one of the world’s top assets, with most investors viewing it as one of the greatest stores of value. […] дальше »

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BNY Mellon values Bitcoin on par with gold, what’s their price target?

In February, one of the oldest financial institutions in the United States, Bank of New York Mellon, announced the launch of a custody service for Bitcoin and other cryptocurrencies. Claiming that BTC has become a widely accepted asset, the institution opted to get ahead in innovation. дальше »

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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says

The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More дальше »

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Bitcoin Is A ‘Speculative Asset,’ Not Useful As A SoV; A Substitute for Gold Not The Dollar: Fed Chair

As for stablecoins, Jerome Powell said they get their credibility only from sovereign currencies they are backed with. Fed is also experimenting with CBDC, which he said won't disrupt the private sector. дальше »

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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. дальше »

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pxGold: The first tradable synthetic asset commodity on PerlinX

CryptoNinjas » pxGold: The first tradable synthetic asset commodity on PerlinX PerlinX, a decentralized liquidity pool & synthetic asset generation platform, has announced the launch of pxGold; a synthetic asset designed to track the price of 1 fine troy ounce of gold fully collateralized by PERL token. дальше »

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Bitcoin Having Almost No Correlation to Gold Since Late 2020

Compared to the $1 trillion crypto asset’s 85% YTD gains, the bullion is down -11.19% in 2021 so far. As for month-to-date, gold prices are again down 3%, while BTC is up nearly 20%. The post Bitcoin Having Almost No Correlation to Gold Since Late 2020 first appeared on BitcoinExchangeGuide. дальше »

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Bitcoin Is Replacing Gold At An “Accelerating Pace”

The narrative taking place across the finance industry, is that cryptocurrencies like Bitcoin and Ethereum are the way of the future and gold’s days are numbered as a store of value. While the “digital gold narrative” has already taken a major dent out of the precious metal’s momentum, according to a top Bloomberg Intelligence analyst, “most indicators point to” Bitcoin replacing the aging asset an an “accelerating pace. дальше »

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Gold Hits 9 Month Low, While BTC Bounces Back

Gold has often been perceived as a reserve asset that holds its own despite the macroeconomic climate. This year, amidst the global pandemic and turbulent markets, gold has been in steady decline. дальше »

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US House Representative Ro Khanna Lauds BTC Which ‘Cannot Be Devalued’- Calls for Less Carbon Intensive Mining

After Elizabeth Warren, the U. S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U. S. House Representative for California has spoken in favor of the crypto asset. дальше »

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Mark Cuban Slams Peter Schiff: Gold is Dead, Bitcoin and Ethereum Are Today

Mark Cuban hasn’t always been the biggest fan of Bitcoin, Ethereum, and other cryptocurrencies, but he’s recently come around as other Shark Tank investors have. Surprisingly, though, Cuban has come to the defense of the emerging technology, telling gold bug and vehement digital asset naysayer Peter Schiff that his precious metal is now dying as […] дальше »

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Gold vs Bitcoin Long Term: The Experts Weigh in

Gold remains the industry standard for store of value. However, the more versatile digital asset is gaining ground on gold. Bitcoin has seen its popularity soar over the past ten years.   Investors are now considering holding Bitcoin for the next ten years. дальше »

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Elon Musk explains Bitcoin’s value proposition to gold bug Peter Schiff

The Tesla CEO has become a bit of a Bitcoin and crypto bull lately, explaining the asset to a long-time critic. The post Elon Musk explains Bitcoin’s value proposition to gold bug Peter Schiff appeared first on CryptoSlate. дальше »

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Bitcoin “The Stimulus Asset” Says Billionaire Investor Jeffrey Gundlach

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Gold advocate Gundlach backs Bitcoin as ‘The Stimulus Asset’

Renowned gold advocate Jeffrey Gundlach has switched lanes to the Bitcoin side after having… The post Gold advocate Gundlach backs Bitcoin as ‘The Stimulus Asset’ appeared first on Coin Journal. дальше »

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'Bond King' Jeffrey Gundlach says Bitcoin may be a 'stimulus asset,' not gold

Jeffrey Gundlach, founder of DoubleLine Capital, who had declared that he does not believe in Bitcoin, seems to have changed his opinion about the asset. In his latest tweet, the DoubleLine CEO comparThe post 'Bond King' Jeffrey Gundlach says Bitcoin may be a 'stimulus asset,' not gold appeared first on AMBCrypto. дальше »

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