Chris Wood of Jefferies Investment Firm Cuts Exposure to Gold for Bitcoin

Investment firm Jefferies trims exposure to gold for the first time in years in favour of bitcoin (BTC). Christopher Wood Cuts Exposure to the Yellow Metal According to a report by Business Standard, Chris Wood, global head of equity strategy at investment company Jefferies is poised to reduce exposure to the time-tested precious yellow metalRead More дальше »

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Bitcoin Hits $20K: Is BTC More Precious than Gold?

The relationship between Bitcoin and Gold is as complicated as they get. While there…

The post Bitcoin Hits $20K: Is BTC More Precious than Gold? appeared first on Coin Journal.

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This prominent author reasons why Bitcoin will soon be heading toward the $50,000 range

American businessman and best-selling author of “Rich Dad Poor Dad,” Robert Kiyosaki, took to Twitter today to state that the oldest and leading cryptocurrency, Bitcoin as well as precious metals The post This prominent author reasons why Bitcoin will soon be heading toward the $50,000 range appeared first on AMBCrypto. дальше »

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British Asset Management Firm Announces $15M Bitcoin Purchase

With currency debasement on the agenda across many countries and the precious metals market tanking, several high-profile organizations are now holding Bitcoin as a treasury reserve asset. Ruffer Reduces Gold Exposure With a $675 Million Bitcoin Bet Ruffer announced the news via a letter to investors published on Dec. дальше »

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Chinese Media: Bitcoin Bull Run Could Be Bearish for Gold and Precious Metals

Chinese state media are predicting further declines for gold and the precious market in general amid a possible parabolic advance for Bitcoin (BTC). Indeed, several market analyses show an increasing pivot away from traditional haven assets like gold towards BTC as investors look to capitalize on the top-ranked crypto by market capitalization reaching new heights. дальше »

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Gold Price to ‘Suffer’ at Bitcoin’s Expense, Say JPMorgan Strategists

Increased interest in cryptocurrency funds appears to be coming at the expense of the precious metal. Investors Increasingly Choosing Bitcoin Over Gold Recent gains in crypto prices appear to be driven by diversification away from gold. дальше »

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deVere Bitcoin Survey: Two-Thirds Of Millennials Prefer Digital Gold

A new survey from one of the world’s leading financial advisory firms, advising on over $10 billion in client capital, claims that two-thirds of its millennial customers far prefer Bitcoin over precious metals as the ideal safe haven asset. дальше »

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Bitcoin Absorbing Gold’s Market Cap Leads To Record One-Week Fund Outflows

The digital gold narrative in 2020 has begun to boil over, with Bitcoin stealing all the financial media headlines and turning the heads of boomers and hedge funds everywhere for the first time. Recent data from, Bloomberg suggested futures interest and fund flows signaled that the precious metal’s capital had begun pour into crypto. дальше »

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Billionaire Hedge Fund Manager Paul Tudor Jones Expects Bitcoin’s Market Cap to Grow Beyond $500 Billion

Famed hedge fund manager Paul Tudor Jones has updated his view on bitcoin. Envisioning a bullish future similar to “the metals complex where you have precious crypto,” he says that $500 billion is the wrong market cap for bitcoin, given all the “possibilities that it has. дальше »

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Paul Tudor Jones positive about Bitcoin, compares it to 'Internet stocks in 1999'

American billionaire hedge fund manager, Paul Tudor Jones made bullish statements about Bitcoin,  and compared Bitcoin and other cryptocurrencies to precious and industrial metals. In an interview wiThe post Paul Tudor Jones positive about Bitcoin, compares it to 'Internet stocks in 1999' appeared first on AMBCrypto. дальше »

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Self-Proclaimed Contrarian Investor Bashes Bitcoin Digital Gold Narrative

Bitcoin has become extremely popular in 2020, on the back of the store of value, safe haven asset, and digital gold narratives. The digital gold story has taken center stage recently, as the precious metal’s bullish momentum fizzled out and the cryptocurrency market took off. дальше »

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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. дальше »

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Gold Sees Largest Weekly Outflow Ever, Metal Prices Spiral Lower, Analysts Expect Flows Into Bitcoin

Gold investors are getting anxious, as the precious metal’s prices have slid a great deal since a number of vaccine companies have revealed medicines to combat the coronavirus. The price of one ounce of fine gold is valued at $1,770 per unit after the precious metal registered the third straight weekly loss in a row. дальше »

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Chinese Banks Suspend New Gold Trading Accounts Creation Amid Price Slump

Commercial banks in China are suspending the creation of new gold and precious metal trading accounts amid massive volatility in the market. Positive coronavirus vaccine trial news has seen a pivot from haven assets to riskier investment instruments causing a significant decline in precious metal prices. дальше »

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Run to All-Time Highs is “Not Out of the Question” Despite Bitcoin Plunge

Bitcoin has seen heightened volatility this morning, likely due to that seen within the global markets. Stocks are rallying today, while precious metals and so-called “safe haven assets” all plunge due to positive vaccine news. дальше »

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UGPAY Group AG – Bringing Cutting Edge Assets Into The Hands Of Investors

A rapidly evolving global financial ecosystem opens up investment opportunities in innovative industries and assets that represent new frontiers in many traditional investors minds.   Precious metal investment, previously only carried out with physical bullion – can now be conducted through complex financial instruments like gold futures and gold ETFs. дальше »

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Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High

A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9. дальше »

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Bitcoin Forms Pivotal Long-Term Uptrend Signal Last Seen in 2014

Bitcoin has traded in a relatively tight $2,000 range over the past two months after a rejection in the $12,000 region. The slow price action in the leading cryptocurrency also comes as legacy markets, such as the S&P 500 and precious metals, have undergone some stagnation. дальше »

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Bitcoin Gets a New Buyer; Predicts BTC to Become A ‘Must-have Asset’ in Every Investor’s Portfolio in 5-yrs

Former UKIP politician (the UK Independence Party) Godfrey Bloom took to Twitter to share that he made his first bitcoin purchase this week, diversifying his portfolio from the precious metals. I make my first purchases of bitcoin this week. дальше »

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UBS Says Investors Should Buy Gold Now

Coinspeaker UBS Says Investors Should Buy Gold NowAmid the coronavirus pandemic, gold prices surged significantly this year. This precious metal can be a good choice during periods of instability.UBS Says Investors Should Buy Gold Now дальше »

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