gold | ForkLog - Part 10

ForkLog 9 24.10.2020

JPMorgan: Bitcoin has potential for long-term growth

Bitcoin outperforms gold as an alternative currency and has significantly greater prospects for further gains, according to Business Insider citing a new JPMorgan report.

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ForkLog 6 23.10.2020

Bitcoin returns have far outpaced gold and stocks

The price of the first cryptocurrency has risen by more than 80% since the start of the year. Over the same period, gold has gained 26.3%, and S&P 500 quotes have risen by 6.2%. These observations were shared by Arcane Research analyst Vetle Lunde.

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ForkLog 16 06.10.2020

Researcher: Bitcoin–S&P 500 correlation strengthens in falling markets

Bitcoin is fairly closely correlated with American stocks. The statistical relationship is strongest during periods of turbulence in global financial markets and is almost absent during periods of price stability. This observation was shared by The Block researcher Larry Chermak.

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ForkLog 45 07.09.2020

Peter Schiff admits error in his Bitcoin forecast

The uncompromising Bitcoin critic Peter Schiff admitted his mistake in his July forecast of Bitcoin's collapse. He had predicted it would occur against the backdrop of gold rising to an all-time high.

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ForkLog 20 06.09.2020

Opinion: Bitcoin and gold should hold up amid a renewed stock-market downturn

Dan Tapiero, co-founder of 10T Holdings and Gold Bullion International, noted a 'troubling' indicator for the stock market. But in his view, a possible short-term decline in stocks will not affect gold and Bitcoin.

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ForkLog 8 31.08.2020

Bitcoin to attract institutions as the dollar weakens

The growing interest of American institutional investors in gold is expected to bode well for the broad adoption of Bitcoin, according to Dan Tapiero, co-founder of Gold Bullion International and 10T Holdings.

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ForkLog 11 27.08.2020

Swiss crypto broker Newcent adds support for physical gold

Swiss cryptocurrency broker Newcent has added support for physical gold. Clients can now combine cryptocurrencies and gold in a single investment portfolio. ForkLog learned this from company representatives.

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ForkLog 248 17.08.2020

Coronavirus crisis and markets: has Bitcoin finally proven its status as a safe-haven asset?

ForkLog presents the quarter’s results—GDP dynamics, stock indices, and gold and Bitcoin prices—along with forecasts for activity recovery and macro indicators returning to pre-crisis levels.

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ForkLog 9 31.07.2020

Bitcoin’s market capitalization reaches 1.62% of gold’s total market value

With the dollar sliding against the euro, Bitcoin and gold are showing solid gains. However, the uptrend in the cryptocurrency market is far more stable.

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ForkLog 311 28.01.2019

Bitcoin Investors Are Turning to Gold, Says CEO of Van Eck

Jan Van Eck, CEO of Van Eck Associates, suggested that investors are now turning their attention to gold, leaving Bitcoin and other cryptocurrencies behind.

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ForkLog 103 14.06.2017

Former Soviet Republic Kyrgyzstan to Issue National Cryptocurrency Backed with Gold

The government of the former Soviet republic Kyrgyzstan intends to issue a national cryptocurrency backed with gold.

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ForkLog 141 19.09.2016

Trustless Banknotes: A Neoclassical Solution for Blocksize Debate

Bitcoin’s blocksize debate is about the technical contradiction between the speed of transactions and the network’s centralization. One of the parties, which we may conventionally dub “entrepreneurs”, is interested in the network’s scaling, while the other party, the so called “idealists”, is resisting further centralization. Each of these parties has its arguments, but is there […]

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