ARK Invest Predicts Tenfold Rise in Bitcoin’s Market Capitalisation
In the coming years, Bitcoin will surpass gold's $10 trillion market capitalisation and become a core financial instrument. This was stated by ARK Invest analysts.
ARK Invest Predicts Tenfold Rise in Bitcoin’s Market Capitalisation
In the coming years, Bitcoin will surpass gold's $10 trillion market capitalisation and become a core financial instrument. This was stated by ARK Invest analysts.
SkyBridge Capital chief says bitcoin is better than gold
Bitcoin has a future, and unlike gold it is easier to store and move. This view was expressed by SkyBridge Capital chief Anthony Scaramucci on CNBC.
Robert Kiyosaki Urges Buying Gold and Bitcoin Amid US Stimulus Measures
The author of the bestseller 'Rich Dad, Poor Dad' and entrepreneur Robert Kiyosaki shared his views on the consequences of the $1.9 trillion stimulus package to support the U.S. economy.
BlackRock: Gold’s inflation-hedge status overstated
Gold does not justify the status of an inflation-hedging asset. This is stated in the analytical note by BlackRock's Global Allocation Fund portfolio manager Rassa Kesterikha, cited by Bloomberg.
Bitcoin enthusiasts explain the true purpose of gold to Peter Schiff
The financial expert and uncompromising critic of the first cryptocurrency, Peter Schiff, has once again highlighted Bitcoin's shortcomings by comparing it with gold. The community's response was swift.
Bank of Singapore: Bitcoin Could Rival Gold as a Store of Value
Digital assets could secure a store-of-value status and compete with gold in the future. This view was presented by Bank of Singapore's chief economist Mansur Mohi-ud-din.
JPMorgan: Bitcoin to Remain More Risky Than Gold
JPMorgan analysts have opposed Bitcoin as an alternative to gold. Bitcoin will not protect an investment portfolio during market downturns. This is stated in the company’s new report, Bloomberg reports.
Bitcoin’s market cap hits 7% of gold’s total market value
The price rise to $40,000 and above significantly increased Bitcoin's market capitalization, bringing the figure a little closer to gold's market value.
Jefferies Investment Firm Partially Shifts From Gold to Bitcoin
The New York–based investment firm Jefferies has bet on bitcoin in its global pension-fund portfolio, marking the first partial shift away from gold in years, according to Business Standard citing Chris Wood.
CoinShares: Outflows from gold-focused funds partly shift into Bitcoin and other cryptocurrencies
Over four weeks, outflows from gold-focused funds amounted to $9.2 billion, 15% of these funds ($1.4 billion) were directed to buying Bitcoin. CoinShares, a digital asset management company, reported the data.
Why Bitcoin Is Rising: Fundamental Drivers, Opinions, and Forecasts
The year 2020 proved not only tumultuous but also extraordinarily successful for bitcoin investors. Fueled by global uncertainty, turbulence in financial markets and currency devaluations, the price of the world’s first cryptocurrency approached December 2017 levels.We use cookies to improve the quality of our service.
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