Bitcoin Could be Following Gold’s Price, Signaling a Breakout is Imminent

Bitcoin’s multi-month consolidation phase has caused its correlation with other assets to degrade, leaving investors to question where it might trend next. One analyst is now floating the possibility that the cryptocurrency’s price is currently lagging just behind that of gold.

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Bitcoin Gold price rises 24% ahead of monthly close

Bitcoin Gold price is up 23% in the past 24 hours as price breaks...

The post Bitcoin Gold price rises 24% ahead of monthly close appeared first on Coin Journal.

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As Hypervolatility Rages, the Gold Price Is Surging for One Simple Reason

The price of gold rebounded sharply on Thursday, as the yellow metal proved its worth in a market fueled by fear and volatility. The post As Hypervolatility Rages, the Gold Price Is Surging for One Simple Reason appeared first on CCN.com

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This Simple Chart Divulges Where the Gold Price Goes from Here

Gold's price is eyeing a recovery on Friday, but a key technical indicator could dictate the next major trend. The post This Simple Chart Divulges Where the Gold Price Goes from Here appeared first on CCN.com

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5 Key Reasons Why Gold’s Price is Set to Skyrocket in 2020

2019 has been a great year for the gold price. But the yellow metal's rally is far from over and here are five reasons why. The post 5 Key Reasons Why Gold’s Price is Set to Skyrocket in 2020 appeared first on CCN.com

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Gold Price Just Crashed Again: 2 Reasons Why

Gold's price tumbled on Friday, erasing gains for the week after better than expected jobs data pushed stocks higher. The post Gold Price Just Crashed Again: 2 Reasons Why appeared first on CCN.com

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Gold Price Spikes to Monthly Highs: 2 Reasons Why

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

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Gold Skyrockets as Bitcoin Price Plummets, Which Wins Battle for Economic Hedge?

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.

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Bitcoin Already Outperforming NASDAQ, S&P 500 and Gold in 2019

It’s safe to say that Bitcoin (BTC) is having a good start in 2019. The cryptocurrency gained around 40 percent of its value since the beginning of the year. Interestingly enough, it is now outpeforming NASDAQ, the S&P 500 as well as most commodities including gold and oil.

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Expert Echos Exciting Outlook: Bitcoin Could Be Worth $350,000 BTC/USD If It Displaces Gold

Bitcoin (BTC) has been expanding around the world as a digital currency that can be used for payments or to store value. The cryptocurrency has also experienced different periods of price increases and bear markets.

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Bitcoin stands out as it outperforms Oil, Bonds, Gold, Nasdaq 100, and S&P 500 during bear market

Bitcoin was subjected to a lot of pushback since its inception, with the Federal Reserve chair Janet Yellen calling Bitcoin a “highly speculative asset”. There were institutional players who perceived Bitcoin to be nothing more than a bubble, speculating its price to eventually fall to zero.

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Bitcoin Sparks Imminent Crypto Bull Stampede with 44% Gains in 2019

By CCN. com: Year-to-date, the bitcoin price has increased by 44 percent against the U. S. dollar from $3,700 to $5,320, becoming one of the best-performing assets in the global market alongside oil.

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Adamant Capital: BTC Price Bottom Is Likely In, Accumulation Phase Has Begun

Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.

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Bitcoin Outperforms Nasdaq 100, S&P 500, Grows Whopping 37% in 2019

Since January 1, according to OnChainFX, the bitcoin price is up 37 percent year-to-date against the U. S. dollar, outperforming most indices including the S&P 500 and the Nasdaq 100. 2019 Returns…Oil $USO: +38%Bitcoin $BTC: +35%Nasdaq 100 $QQQ: +21%REITs $VNQ: +19%MLPs $AMLP: +18%Small Caps $IWM: +18%S&P 500 $SPY: +17%EM $EEM: +14%EAFE $EFA: +13%Commodities $DBC: +13%High Yield $HYG: +9%Investment Grade $LQD: +6%Bonds $AGG: +2%Gold $GLD: +0.

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Litecoin [LTC] falls by 7% over 24 hours; down by 20% since April 1

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.

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Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Bulls in control despite bears’ looming presence

Bitcoin [BTC] and Litecoin [LTC] continued to gain against the US Dollar and breach their respective immediate resistances on April 8. The largest crypto asset on CoinMarketCap, BTC, held a market cap of $93.

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Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Coins’ prices swing higher as bulls secure its position

Bitcoin [BTC] and Litecoin [LTC] posted major gains and consolidated above its resistances and exhibited fresh upward trends. The largest crypto asset on CoinMarketCap, BTC, held a market cap of $88.

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Trump Could Become The Crypto Catalyst And Raise Bitcoin Prices With Choice Of Herman Cain

Bitcoin Prices Could Change With Trump’s Choice Of Herman Cain Herman Cain is Trump’s nominee for one of the open seats on the Federal Board. For Bitcoin advocates, the choice could spell trouble. The politician is known for his desire to return to a gold standard.

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Trump May Affect Bitcoin Price With Herman Cain Pick

Trump is recommending Herman Cain for one of two vacant seats on the Fed Board. The man who advocates a return to the gold standard could undermine Bitcoin price in the short-term as ‘digital gold.

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Litecoin [LTC] is a glorified testnet for Bitcoin; sell LTC and buy BTC, says Mike Novogratz

Litecoin [LTC], the Vegeta to Bitcoin’s Goku and the silver to Bitcoin’s gold, has been making headlines with news pertaining to its adoption, price, and upgrades. The fourth-largest cryptocurrency has been going north since the past two months, with the coin smashing some key resistances.

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‘Glorified Test Net’: Billionaire Novogratz Slams Litecoin, Screams ‘Buy Bitcoin’

By CCN. com: Crypto trader Mike Novogratz fails to see the value in Litecoin. Novogratz, who is at the helm of crypto merchant bank Galaxy Digital, blasts Litecoin’s size and in doing so seems to comes across as threatened by the fifth-biggest cryptocurrency.

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Bitcoin (BTC) Price Strikes Gold Above $5,000; Raises LTC and BCH Majorly

As BTC prices broke above $5,300, Litecoin (LTC) and Bitcoin Cash (BCH) also went wild.

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Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Coins ride bull wave as collective market surges

The latest market surge catapulted the collective cryptocurrency market cap beyond the $160 billion mark. The digital gold, Bitcoin [BTC], emerged as the winner while LTC’s price rallied significantly following mild bullish projections throughout the week.

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Litecoin [LTC] close to its all-time high hash rate; expected to rise further as halving approaches

Litecoin [LTC], the silver coin to Bitcoin’s gold, enjoyed a fairly positive start to 2019 since the token surged against the US Dollar in December. Jason A. Williams, Co-founder of Morgan Creek Digital, recently shared a post on Twitter which predicted that Litecoin’s price could rise to $650 by May 2019.

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Bitcoin Can “Easily” Pass Gold’s $7.5 Trillion Market Cap — Dividing Gold’s Market Cap by Total Mined Bitcoins Puts BTC Price at $350K

Bitcoin (BTC) was initially intended to be a form of electronic cash, but for many it has evolved into the… The post Bitcoin Can “Easily” Pass Gold’s $7.5 Trillion Market Cap — Dividing Gold’s Market Cap by Total Mined Bitcoins Puts BTC Price at $350K appeared first on Invest In Blockchain.

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Bitcoin Price Chart Shows How Surpassing Gold’s Market Cap Is “Easily” Feasible

Bitcoin, to many, is the digital equivalent of gold – one of the world’s first ever currencies, means of exchange, and stores of value. According to crypto bull Mike Novogratz, one day, Bitcoin’s market cap will surpass that of gold’s.

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Top 5 Litecoin Projections That Can Drive LTC Price Even Higher During 2019’s Inevitable Rise

Much to the pleasant surprise of many, Litecoin has performed very well in the last couple of months. At the beginning of the year, it started with a value of $30. 29 and then rose, doubling it's price to $60.

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Crypto Markets Report Slight Gains While Gold Rises

Most top coins are seeing minor gains on the day, with Bitcoin hovering around the $4,000 price point

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US Dollar Mirrors 1920s Weimar Republic Hyperinflation Against Bitcoin

The Bitcoin price in US dollars has begun exhibiting a trend which closely mimics the price history of Germany’s Papiermark during hyperinflation. Against Fiat, Bitcoin Follows Gold’s Price Trajectory A summary chart uploaded to social media by the cryptocurrency analysis account planB compares BTC/USD over the past eight years with the Papiermark’s value versus the previous gold mark.

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Today’s Bitcoin Price Recap: Tom Lee’s Crypto Macro Factors, Bold Bitcoin is Gold Prediction, BTC Sellers Exhausted

Current Bitcoin Price Action: Sellers Exhausted at $4,000, “Cautiously Bullish” Finally, Bitcoin (BTC) jumped $4,000 mark yesterday and the market turned green. Since then, the market has turned slightly red with XRP, EOS, Binance Coin, Stellar, and Tron down less than 1 percent in the past 24-hours. While Ethereum is in the red by 1.24 […]

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Can Stablecoins Truly Offer Economic Stability and Predictability in an Age of Uncertainty?

Beneath all the related hype surrounding blockchain technology exists real substance in the industry’s groundbreaking applications that impact our understanding of modern economics. One of those concepts is the trending stablecoin.

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Bitcoin Gold Price Gains 20% for Reasons Unknown

It would seem as if most of the bullish cryptocurrency momentum has begun subsiding again. While that is not entirely abnormal by any means, it seems this can cause a lot of unrest among traders and investors.

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$67,193: Veteran Crypto Trader Explains His Oddly-Specific Bitcoin Price Target

Veteran trader Peter Brandt has an oddly specific bitcoin price target – $67,193. Brandt, who boats of 40-plus years’ experience in commodity trading, arrived at this figure by taking the combined value of the 33,000 tonnes of central bank-owned gold and dividing it by bitcoin‘s fully-diluted currency supply of ~21 million coins.

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IBM Executive’s $1 Million Dollar Bitcoin (BTC) Price Prediction: Fool’s Gold Or Future Glory?

IBM Executive Believes Bitcoin Will Be Worth 1 Million Dollars Jesse Lund, IBM’s blockchain and digital currencies manager, recently caused a lot of noise when she claimed that a Bitcoin will be worth 1 million dollars.

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Bitcoin Price Evaluation Of $1,500,000 USD Per BTC Coin Surfaces If It Accounts For All Fiat And Gold Holdings

Bitcoin Could Be Valued At $1.5 Million USD Per Coin If It Absorbs All Fiat And Gold Holdings When Satoshi Nakamoto created Bitcoin, he was interested in creating a solution for the financial world that would take all far away from traditional finance companies and Wall Street and closer to having more freedom to own […]

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Bitcoin (Not Gold) Remains Best Bet Against Debt-Based Fiat Ponzi Scheme

The price of gold has been on a bit of a tear recently as investors begin scaling into precious metals amid stock-market uncertainty — but some investment professionals believe there’s a better hedge out there.

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Bitcoin Price Inches Back Toward $3,500, But Litecoin is Today’s Crypto Market Winner

Bitcoin is edging closer and closer back to the critical $3,500 support level that some estimated it would stand on for awhile. Ethereum gained a dollar overnight. But more notably, so did Litecoin — more than a dollar, actually.

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Did Bitcoin’s Q4 2018 Price Performance Prove It’s Not Digital Gold? Think Again

Writing for Market Watch Tuesday, Aaron Hankin asserts that Bitcoin’s price plunge along with the NASDAQ and other equities benchmarks in Q4 2018 proves Bitcoin is more like a tech stock than digital gold as some Bitcoin proponents have characterized it.

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Bitcoiners Increasingly Dumping Bitcoin for Gold Investments in 2019

Following the ongoing slump in the price of bitcoin and other blockchain based virtual currencies, experts in the finance sector including the CEO of Van Eck Associates, Jan Van Eck, has revealed that more and more cryptocurrency holders are now pumping funds into gold as a means of diversifying their portfolios, reported CNBC on JanuaryRead MoreRead More.

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Bitcoin Price Analysis: BTC Bullish, Bears Yet to Reverse Dec 2018 Gains

Bitcoin price down 4. 2 percent at the time of press Jan Van Eck says Bitcoin investors liquidating to Gold Transaction volumes low, bulls have a chance Prices are down 4. 2 percent in the last 24 hours but even so, Bitcoin bulls have a chance.

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Gold Price May Offer Clues About Next Big Bitcoin Move

Bitcoin traders could get cues from an apparent negative correlation that has developed between bitcoin and gold prices.

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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele

Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses.

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Bits of Gold CEO: B2B Demand Increased Despite Falling BTC Price [Interview]

Bitcoinist caught up with Youval Rouach, co-founder and CEO of Bitcoin of Gold, an Israeli Bitcoin cryptocurrency trading platform. Rouach explains the regulatory situation in Israel for cryptocurrencies and his company’s plans moving forward.

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Bitcoin’s market cap to eclipse that of gold, one day

A day doesn’t pass by without thousands of “experts” predicting where the bitcoin price will go next. Some do it on short-term timescale while others are giving themselves a time-frame of couple of years to be right (or wrong).

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Bitcoin Will Pass $7 Trillion Gold Market Cap, Winklevoss Twins Say

The biggest names in Bitcoin reaffirmed their belief in a wave of adoption and a sky-high Bitcoin price January 7, forecasting it to pass that of gold. Bitcoin ‘Certainly OG Crypto’ On social media, entrepreneur and Proof of Keys organizer Trace Mayer joined Tyler and Cameron Winklevoss in contemplating a bullish future for Bitcoin.

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Jan. 4

Believers still maintain that one day Bitcoin will be used for everyday transactions and will be a digital counterpart of gold. Let's consult the charts

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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing

October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.

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New Report Shows Bitcoin (10 Years) and Gold (1,000s of Years) Share Strong Market Correlation

In general, Bitcoin (BTC) has always been considered as a non-correlated asset in the market. Its price was usually guided by other forces that traditional markets did not follow. However, in a recent report shared by The Wall Street Journal (WSJ) Bitcoin is becoming more correlated to assets such as Gold. In order to understand […]

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Gold Demand Rising: Investors Turn to Precious Metal as Safe Haven Asset

Recent global economic concerns and stock market volatility seem to have increased demand for gold as a safe haven asset. The price of the precious metal hit its highest level since June in the yesterday’s trading session.

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