SEC Chair Gary Gensler says Bitcoin is speculative but likens it to gold

2025-1-14 21:01

SEC Chair Gary Gensler compares Bitcoin to gold, calling it speculative, as he discusses crypto regulation and ETFs before stepping down. The post SEC Chair Gary Gensler says Bitcoin is speculative but likens it to gold appeared first on Crypto Briefing. origin »

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speculative gold sec bitcoin chair gary gensler

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Goldman Sachs CEO says Bitcoin can potentially serve as store of value akin to gold

Goldman Sachs CEO David Solomon said Bitcoin could “very well” serve as a store of value akin to gold but reiterated his cautious stance toward the flagship crypto. In a July 30 CNBC interview, Solomon said he has never been a critic of Bitcoin, but he still views it primarily as a speculative investment without […] The post Goldman Sachs CEO says Bitcoin can potentially serve as store of value akin to gold appeared first on CryptoSlate.

2024-7-31 21:00


Gold Bag Holders Down 20% For The Last 7 Years While Bitcoin Up Over 83,000% Since Then

Most recently G7 and the Bank for International Settlements (BIS) in its report on stablecoins called Bitcoin a failure in providing a “reliable and attractive means of payment or store of value.” It further states that crypto assets have served as a “highly speculative” asset class for “certain” investors that engage in illicit activities. Moreover, […]

2019-10-20 18:00


Bitcoin: Max Keiser, Erik Voorhees and others argue if Satoshi created Bitcoin as p2p electronic cash or gold 2.0

Bitcoin’s whitepaper intrigued a lot of people across the world as Satoshi Nakamoto was the first person to create an e-cash/digital cash by solving the double spend problem. Ever since its inception, the price of Bitcoin has been highly speculative and its use case has often been discussed/argued by various proponents of Bitcoin.

2019-5-31 16:16


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Bitcoin rebounds above $95K after Monday’s plunge: what’s next for crypto market?

The cryptocurrency market is showing signs of resilience after a sharp downturn on Monday, with Bitcoin leading a partial recovery to climb above the $95,000 mark. Bitcoin had previously plummeted to a low of $89,000—its lowest level in 24 days—as traders anxiously awaited the release of the latest US Consumer Price Index (CPI) report. Major […]

Bitcoin a bubble unless broader uses emerge: Cliff Asness

Cliff Asness, co-founder of AQR Capital Management, labeled Bitcoin a speculative bubble following its meteoric rise to over $100,000 after the November 2024 U.S. presidential election.  Asness said he remains skeptical of Bitcoin’s (BTC) long-term value due to the absence…

BlackRock debuts new spot Bitcoin ETF in Canada

BlackRock's Bitcoin ETF launch in Canada may accelerate mainstream crypto adoption and influence global regulatory approaches to digital assets. The post BlackRock debuts new spot Bitcoin ETF in Canada appeared first on Crypto Briefing.