Gold is no longer as valuable as crypto, says Ethereum’s co-founder

A common theme has dominated cryptocurrency news headlines in 2022: there have been far more lows than highs. Most notably, the prices of a handful of the well-known companies in the crypto universe have fallen dramatically in the past few months.

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Bitcoin Beats September Stock Market Performance, Return Of Digital Gold?

Ever since losing around 80% of its value from its all-time high, Bitcoin has been questioned as a store of value and a digital equal to gold. The digital currency still records the best performance for any asset across the last decade, but critics are fast to point out past year’s losses. Related Reading: Crypto […]

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Equities-Gold Trends Amid Inflation, Global Events

Equities have achieved huge gains over the past century when measured in U.S. dollars. But how have they performed relative to gold?

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Bitcoin Shows Resilience In Dollar-Driven Bloodbath | BTCUSD September 26, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the recent resilience in Bitcoin compared to traditional assets like gold, oil, and the S&P 500. We also compare BTC to the DXY Dollar Currency Index and past crypto bear market bottoms.

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Bitcoin ‘buy’ signal excites as dollar, gold extend losses, BTC price heads past $41.5K

Nothing stands in the way of Bitcoin’s latest renaissance, even as gold tumbles and the U.S. dollar checks its progress.

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Michael Saylor Praises Bitcoin’s Scarcity, Says Gold Is A Commodity

CEO of MicroStrategy Michael Saylor remains one of the most vocal supporters of bitcoin. Countless times in the past, Saylor has always lauded the benefits of the digital asset, which he says is the best investment.

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Is Bitcoin losing safe haven image as gold soars amidst Eastern European crisis

Bitcoin's mainstream acceptance over the past few years has managed to link the top cryptocurrency with traditional finance in more ways than one. While institutional interest has been a positive signThe post Is Bitcoin losing safe haven image as gold soars amidst Eastern European crisis appeared first on AMBCrypto.

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Adventure Gold (AGLD) price up 79%: here is where to buy it

Adventure Gold (AGLD) coin has gained over 79% in the past 24 hours and still climbing due to an increased trading volume. The total volume has increased by 1944. 31% over the last 24 hours; something that has caused lots of attention to the coin making it one of the most trending coins on Binance today.

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A Quick Guide to Defi Lending

Source: Pixabay In the past ten years, cryptocurrency has been all over the media. This digital type of money is not only used as a means of storing wealth, similar to gold, for instance. In fact, more and more individuals and businesses adopt the use of cryptocurrency as a means of exchange.

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Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC

While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream.

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Is Bitcoin finally more credible than Gold now

Bitcoin v. Gold. This narrative is perhaps as old as the cryptocurrency itself. In fact, comparisons between Bitcoin and Gold have continued through the bull and bear cycles of the past year too.

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Bitcoin will 'flip gold' in the future, but here's the big IF

Bullish assessments of Bitcoin's long-term price movement are common among analysts due to its large-scale adoption and exponential growth. Many in the past have predicted that the cryptocurrency willThe post Bitcoin will 'flip gold' in the future, but here's the big IF appeared first on AMBCrypto.

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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.

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Gold Flash Crashes to A 4-Month Low, Bitcoin Rallies Past $46,000

In less than a week, the price of the yellow metal has fallen 7. 86% to a four-month low. The price of gold started declining last week when it was just above $1,830 to as low as $1,687 on Monday, on a day when liquidity is low due to holidays in Japan and Singapore.

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Here's how investors can take advantage of Litecoin's price

Litecoin, the silver to Bitcoin's gold, has seen its own share of ups and downs this year. Not long ago, Litecoin had cemented a position for itself in the market's top-10. Over the past few weeks, hoThe post Here's how investors can take advantage of Litecoin's price appeared first on AMBCrypto.

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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.

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Indians Invested Over $200 Billion in Crypto Assets Over the Past Year

Indians continue to remain unfazed by the repeated threats of a blanket ban on crypto-assets. Indians Pour Billions Into Crypto Typically a country with a huge fascination toward gold, India is slowly but steadily starting to drip its feet in the volatile crypto waters as according to a report by Yahoo! Finance, investments in cryptoRead More

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Indians Invested Over $40 Billion in Crypto Assets Over the Past Year

Indians continue to remain unfazed by the repeated threats of a blanket ban on crypto-assets. Indians Pour Billions Into Crypto Typically a country with a huge fascination toward gold, India is slowly but steadily starting to drip its feet in the volatile crypto waters as according to a report by Yahoo! Finance, investments in cryptoRead More

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“Committed to the Original Intention for the Past Five Years’ Journey of Dream Pursuit”: ViaBTC Celebrates Its Fifth Anniversary with Five Major Surprises for You

Great waves sweeping away sand, the real gold then emerges Since the birth of cryptocurrency mining, enthusiasm has been growing year by year, and the hashrate of the entire network has kept rising. Individual miners can no longer manage it as a scalable, specialized, and globalized mining industry has become the norm. In the past […]

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Gold, Stocks, and Bitcoin: Weekly Overview, May 27

Graphics-chip maker Nvidia had a spectacular week. Gold has largely continued its upwards trend from the past few weeks. Bitcoin continues to struggle. The post Gold, Stocks, and Bitcoin: Weekly Overview, May 27 appeared first on BeInCrypto.

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Is cryptocurrency going head-to-head with gold as a store of value?

The cryptocurrency market has seen an impressive surge over the past year, as the market currently has more than a $2 trillion valuation. This milestone has brought it close to the current Gold valuation held as an investment.

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Risk-on Sentiment Sending Bitcoin, Ether, & Gold Higher as President Biden Declares ‘We Can’t Let Up’

While the S&P 500 hit a new record high after the disappointing jobs report, the market is now expecting Bitcoin to make its way past $70k and Ether to get ready to hit several new levels. The post Risk-on Sentiment Sending Bitcoin, Ether, & Gold Higher as President Biden Declares ‘We Can’t Let Up’ first appeared on BitcoinExchangeGuide.

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How one bitcoin factor became a boon for Litecoin

Bitcoin and gold are different sides of the same equation. There have been several instances in the past where financial studies have asserted how Bitcoin could potentially replace gold in the future.

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Gold Rebounds More Than 15% Against Bitcoin In Crypto “Hash Crash”

For nearly a year now, the digital gold narrative has been a smash hit. It has prompted a tidal wave of capital from the gold market to enter Bitcoin and other cryptocurrencies. But over the weekend, the crypto market “hash crash” caused the precious metal to rebound by 17% against Bitcoin. In the past, reversals […]

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Bitcoin’s Past, Present, and Future

Bitcoin is the most talked-about subject in the global financial industry. This cryptocurrency has managed to reach heights that no other product or service could. As of March 2021, the value of Bitcoin exceeds $50,000 and it is as valuable as gold.

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Bitcoin Closing its 6th Consecutive Green Monthly Today for the First Time Since 2013

Bitcoin is showing “impressive strength,” while gold continues to take a beating - “off to its worst start to a year since 1982,” stocks remain flat this week, and the US dollar soars past 93. 4 to early November levels.

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Gold, Stocks, and Bitcoin: Weekly Overview – March 25

BTC Bitcoin has been struggling this past week. After reaching an all-time high of over $60,000 last weekend, BTC retraced to around $54,000 during the week. However, news from the US Federal Reserve (Fed) on March 17, saw it just back up to the higher 50,000’s.

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Gold, Stocks, and Bitcoin: Weekly Overview — March 18

BTC Last week saw Bitcoin struggling to breach its previous all-time high of around $58,000, although it barely managed to achieve this by Friday, March 12. However, the following day saw a massive green candle shot BTC’s price past its old previous record.

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Bitcoin: How can the market tackle selling pressure in the near-term?

Bitcoin's correlation with the S&P 500 has risen in the recent past. However, the said hike in correlation may not be ideal given that gold, stocks, and equities are selling off further as 10-yearThe post Bitcoin: How can the market tackle selling pressure in the near-term? appeared first on AMBCrypto.

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Gold, Stocks, and Bitcoin: Weekly Overview — March 4

Bitcoin (BTC) In the past week, bitcoin (BTC) tumbled to a new recent low but is back trading around what has become crucial support at $50,000. BTC went through dramatic changes last week. After achieving an all-time high of $58,413 on Sunday, Feb.

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Bitcoin is an 'artificial substitute for gold' acc. Berkshire Hathaway's Charlie Munger

Vice-Chairman of Berkshire Hathaway and billionaire investor Charlie Munger remains unimpressed with Bitcoin’s recent rally past $50,000. In a recent interview with the Daily Journal, Munger saidThe post Bitcoin is an 'artificial substitute for gold' acc.

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Peter Schiff Now Discusses Bitcoin More Often Than His Beloved Gold

The steadfast drags by crypto fans seem to be getting to eternal gold bull Peter Schiff. Schiff who because of his bearish Bitcoin stance is seen as one of the biggest crypto influencers out there (simply because his comments get blasted by so many crypto commentators), has now tweeted more about Bitcoin in the past […]

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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.

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This One Chart Shocks Wall Street

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Five Biggest Altcoin Gainers From Feb. 8 – Feb. 15

During the week of Feb 8 -15, these five altcoin picks rallied the most: Bitcoin Gold (BTG) – 125% Ravencoin (RVN) – 125% DASH (DASH) – 124% The Graph (GRT) – 113% Lisk (LSK) – 109% Biggest Altcoin Gainers BTG has increased considerably over the past two weeks but has yet to move above an … Continued The post Five Biggest Altcoin Gainers From Feb.

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Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla’s BTC Acquisition

After previously claiming that Elon Musk was too smart to buy bitcoin, Euro Pacific Capital CEO Peter Schiff is reacting angrily to reports that Tesla has acquired the cryptocurrency. In a series of tweets on February 8, Schiff now claims that Musk has no interest in bitcoin’s store of value credentials but is only interested […]

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Vitalik Buterin Says Gold Is Lame as Ether (ETH) Storms Past $1k

Top cryptocurrencies Bitcoin and Ethereum have had an explosive start to the New Year. BTC has rallied to a new all-time high above $34K while ETH just broke above the $1K psychological barrier and seems poised to climb higher.

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Wall Street Veteran Kickstarts Own Bitcoin Fund With $25m Investment

Wall Street has been all over Bitcoin over the past few months due to the growth in the need for an inflation hedge and a relative stagnation in the price of gold relative to other asset classes. This much was confirmed just recently when a Wall Street veteran and former White House staffer launched a […]

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2020 made this Bitcoin narrative more relevant

Some of Bitcoin's narratives have become extremely popular over the past few months. Store of value, Digital Gold, etc. are some of them but recently, its characteristics as a hedge against inflation The post 2020 made this Bitcoin narrative more relevant appeared first on AMBCrypto.

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Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold

Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal […] The post Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold appeared first on Bitcoin News.

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JPMorgan admits Bitcoin’s growth represents a risk to gold as an investment

Bitcoin has strongly outperformed gold over the past few months. The post JPMorgan admits Bitcoin’s growth represents a risk to gold as an investment appeared first on CryptoSlate.

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Wells Fargo: Investing in Crypto Today Resembles ‘Early Days of the 1850’s Gold Rush’

Wells Fargo has devoted a section to Bitcoin and cryptocurrencies in its latest investment strategy memo. The banking giant now realizes that digital assets are not just a fad. The article reads, “Over the past 12 years, they have risen from literally nothing to $560 billion in market capitalization.

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Is Litecoin really the 'silver' to Bitcoin's 'gold?'

Litecoin has come in for a lot of criticism over the past two years thanks to its lukewarm movement on the charts. Not only is Litecoin trading at a level that is way off its all-time high of DecemberThe post Is Litecoin really the 'silver' to Bitcoin's 'gold?' appeared first on AMBCrypto.

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CNBC Runs Segment Discussing Dollar Drop, Bitcoin Rally

But over the past few weeks, and ever since April really, the U. S. dollar has been in a steep decline. Many in the cryptocurrency space and in the broader investment world see this as a win for alternative currencies such as gold and even Bitcoin.

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Bitcoin Is Becoming a Digital Gold Story: Mike Novogratz

Bitcoin has undergone a strong surge over the past few weeks, strongly outperforming gold. The price of the leading precious metal has actually dropped strongly over the past few weeks, underperforming the stock market and BTC massively.

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Bitcoin’s Risk-Adjusted Returns Make It a Better Investment Vehicle than Gold

Bitcoin’s price has been caught within a bout of range-bound trading throughout the past few days, with the support at $18,000 and resistance at $19,000, leading to the formation of a new and intense trading range.

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Rich Dad Poor Dad Author: Bitcoin Rally Shows U.S. Dollar Is “Dying”

Bitcoin has been a tear in recent months, rallying 50% in the past four or five weeks alone. Robert Kiyosaki says that the rally in the price of Bitcoin against gold and silver (and against the dollar) shows that the U.

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Bitcoin Soars Past $11,900, Leaving Bears, S&P 500, and Gold in the Dust

Bitcoin made a big move yesterday. The momentum followed Federal Reserve Chairman Jerome Powell’s remarks on digital currency — “It’s more important to get it right than to be first and getting it right means.

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Gold Is Poised to Retake a Crucial Support—and That’s Bullish for Bitcoin

Bitcoin has seen muted price action over the past few days after plunging from the $10,900 weekly highs as a result of negative new regarding BitMEX. Gold may soon be primed to retake a crucial support level on a medium-term scale, which may help to boost BTC after the aforementioned correction. Related Reading: Ethereum Transaction […]

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