Bill Miller’s fund flags potential for Bitcoin to become digital gold
Society is at an early stage of Bitcoin adoption, with its capitalization set to match gold's overall market value, according to the Miller Opportunity Trust report to the SEC.
Bill Miller’s fund flags potential for Bitcoin to become digital gold
Society is at an early stage of Bitcoin adoption, with its capitalization set to match gold's overall market value, according to the Miller Opportunity Trust report to the SEC.
Billionaire John Paulson calls cryptocurrencies a bubble
John Paulson, famed for his successful bet against the mortgage-backed securities market in 2007, told Bloomberg in an interview that cryptocurrencies are a bubble that will become worthless.
Opinion: Bitcoin volatility raises the appeal of gold investments
Bitcoin has not yet reached the maturity to compete with gold as a safe-haven asset. Evolution Mining's chief executive Jake Klein said this on CNBC.
Global precious metals retailer Kitco to launch gold-backed stablecoin
The Canadian company Kitco, a global retailer of precious metals, announced the launch of a gold-backed stablecoin. CoinDesk reports, citing the firm's press release.
SkyBridge Capital urges investors to hold onto Bitcoin
The SkyBridge Capital chief investment officer, Troy Gajewski, urged keeping Bitcoin in the portfolio, despite gold's strong prospects.
Goldman Sachs likens Bitcoin to copper
The concept of digital gold does not fit the first cryptocurrency, which is more like copper, according to Jeff Currie, Goldman Sachs' head of commodities research, in an interview with CNBC.
Societe Generale finds no place for Bitcoin in investment portfolios
Choppy Bitcoin price swings have raised questions about its inclusion in an investment portfolio, while gold continues to play the role of a hedge against inflation and a stock-market crash. This is the view of Societe Generale analysts, CNBC reports.
JPMorgan: institutions could shift capital from Bitcoin into gold
A correction in the crypto market could push institutional investors to panic-sell Bitcoin and move into gold, according to JPMorgan analysts cited by CNBC.
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.We use cookies to improve the quality of our service.
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