BlackRock: Bitcoin could replace gold
BlackRock's chief investment officer Rick Rieder said that Bitcoin could replace gold.
BlackRock: Bitcoin could replace gold
BlackRock's chief investment officer Rick Rieder said that Bitcoin could replace gold.
Billionaire Ray Dalio: Governments will choke Bitcoin before it realises its potential
Governments will ban Bitcoin if its success seems too large to them, says billionaire and founder of Bridgewater Associates, Ray Dalio.
Bitcoin and gold retreat on COVID-19 vaccine news
On Monday, November 9, the U.S. stock market hit new highs on the back of positive news from COVID-19 vaccine makers. Bitcoin initially rose, but after a few hours it pulled back.
JPMorgan: Institutions increasingly view Bitcoin as an alternative to gold
The Grayscale Bitcoin Trust is outpacing gold-backed ETFs in capital inflows thanks to rising demand from institutional investors, according to JPMorgan analysts.
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.
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.
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.
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.
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.
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.We use cookies to improve the quality of our service.
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