Russia’s ‘Gold-Backed Crypto’ Would Lose to Bitcoin, Says Kremlin Economist
Russia and China shopping for up gold could also be setting the stage for a gold-backed cryptocurrency, suggests a former EU minister. Nevertheless, such a scheme would nonetheless be...
Here’s Why Bitcoin’s Outperformance of Gold Isn’t Impressing One Prominent Investor
Bitcoin’s recent recovery from its mid-March lows has allowed it to outperform gold and virtually all major markets this year
This strength has even allowed it to see over twice...
Bitcoin Beats Traditional Financial Market Investments On ROI
The monumental performance of bitcoin in 2019 has not gone unnoticed by those who invest in traditional assets. BTC has outperformed pretty much all of the other financial investment...
Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’
Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle...
Peter Schiff Will Remorse Being Mistaken About Bitcoin: Pompliano In CNBC Debate
Gold bug Peter Schiff might be “kicking himself forever” if he seems to be even 1% flawed about Bitcoin. That was the conclusion from Anthony ‘Pomp’ Pompliano, co-founder of...
Right here’s How A lot Bitcoin Nations Have to Exchange Their Gold Reserves
New analysis from a digital asset administration agency estimates the quantity of BTC governments should accumulate if Bitcoin have been to interchange the present gold reserves.
‘Governments Have Some Accumulating...
Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More Bitcoin
The publicly listed company Microstrategy announced that it has plans to purchase more bitcoin after acquiring 71,079 bitcoin during the last six months. On Tuesday, Microstrategy revealed its plans...
Stock and Oil Markets Unravel Further, is Bitcoin Next?
Stock and oil markets extended their decline to new lows on Wednesday, as investors are in a rush to cash in amid the COVID-19 pandemic. Bitcoin has shown a...
JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term...
JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says...
Why Bitcoin Excels Over Gold as a Retailer of Worth
There isn't a doubting the king of crypto has been on a roll over the previous few weeks. This month alone Bitcoin has surged 26% from mid $8000 to...