gold | ForkLog

ForkLog 10 18.10.2024

Arthur Hayes Predicts Bitcoin Surge Amid Iran-Israel Tensions

Should tensions between Iran and Israel escalate, a rise in Bitcoin is expected to follow a spike in oil prices. This forecast was presented by former BitMEX CEO Arthur Hayes in a new essay. This scenario could unfold if there is an attack on major hydrocarbon deposits in the Islamic country. “What will happen to […]

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ForkLog 8 17.10.2024

Quantity Funds Launches Gold and Bitcoin-Based ETF

Quantity Funds has launched an exchange-traded fund (ETF) based on a basket of futures and ETP on gold and bitcoin, aiming to hedge against inflation and currency devaluation. The issuer of the STKD Bitcoin & Gold ETF (BTGD) views these two scarce assets as a safeguard against such risks. The fund does not invest directly […]

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ForkLog 6 03.10.2024

JPMorgan Predicts Rising Demand for Gold and Bitcoin

Global tensions and the upcoming presidential elections in the United States are driving investors towards gold and Bitcoin as safe-haven assets. This is reported by The Block, citing opinions from JPMorgan analysts.

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ForkLog 11 23.09.2024

Peter Brandt Predicts Bitcoin’s Surge Against Gold

In 2025, digital gold could potentially increase fivefold in value compared to its physical counterpart. This conclusion was drawn by technical analyst and head of Factor LLC, Peter Brandt. When I look at chart of Bitcoin/Gold ratio, here is how I view it: $GC_G $BTC $BTCXAU1. Continuation inverted H&S pattern, neckline at 32.5 to 12. […]

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ForkLog 10 09.08.2024

Bitfinex Identifies Bitcoin as a Safe Haven Amid Recession Risks

Bitcoin has the potential to serve as a safe haven during an economic downturn, even though the broader cryptocurrency market may suffer. This assertion was made by Bitfinex, reports The Block. Experts noted that over the past three months, central banks worldwide have implemented 35 rate cuts. Such a rapid pace reminded them of the […]

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ForkLog 6 06.08.2024

Gold and Bitcoin Serve Distinct Roles in Institutional Portfolios, Says Expert

eToro analyst Josh Gilbert asserts that major investors are unlikely to view the leading cryptocurrency as a safe-haven asset akin to gold. This was reported by Bloomberg.

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ForkLog 8 22.07.2024

JPMorgan Questions Bitcoin’s Sustained Growth

The recent rise in cryptocurrency prices is likely tactical and not the start of a prolonged upward trend, according to conclusions drawn by JPMorgan, as reported by The Block. Experts noted that the current bitcoin price significantly exceeds its mining cost (~$43,000) and appears inflated compared to the “fair” price adjusted for volatility relative to […]

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ForkLog 26 15.07.2024

A hundredfold in a century: storing gold on-chain

Gold has long been a haven in any economic weather, shielding investors’ cash from devaluation, inflation and market crashes. Its price rose during the dotcom crisis, amid global turmoil and during the pandemic, gaining 1,000% by 2024, by price. This article surveys the main ways to own gold, explains the value of tokenised precious metals […]

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ForkLog 59 02.07.2024

Arthur Hayes Declares Bitcoin a More Reliable Safe Haven than Gold

Former BitMEX CEO Arthur Hayes believes the world is on the brink of a new “mega-local inflationary cycle.” In such conditions, investors should consider shifting from stocks and bonds to gold. Bitcoin surpasses precious metals due to the absence of national control. Investing in cryptocurrencies is “the best way to preserve wealth.” In this regard, […]

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ForkLog 15 17.06.2024

Tether Introduces Gold-Backed Digital Asset in Alloy Series

Tether, the issuer of USDT, has introduced the aUSDT token, backed by Tether Gold (XAUT), as part of its Alloy series of “pegged assets.” According to the press release, aUSDT aims to redefine stability in the digital economy by combining the benefits of a stable unit of account with the security and reliability of gold. […]

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ForkLog 13 25.04.2024

Bitcoin Deemed Scarcer Than Gold, Expert Asserts

For 6,000 years, gold has been considered scarce, but its extraction intensified with the advent of the industrial age. This highlights the uniqueness of Bitcoin, which has undergone its fourth halving, noted analyst and CMCC Crest co-founder Willy Woo. Gold production going to the moon as technology gets better. Gold has had 6000 years of […]

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ForkLog 8 04.04.2024

Gold Enthusiasts Seize on Bitcoin’s Correction

The price of gold has reached a new all-time high, providing gold enthusiasts with fresh ammunition to criticize the leading cryptocurrency amid its recent correction. According to data from American Hartford Gold Group, as of April 4, gold prices have nearly hit $2300 per troy ounce, with growth accelerating since mid-February. Data: American Hartford Gold […]

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