gold | ForkLog

ForkLog 6 08.12.2020

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.

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ForkLog 16 24.11.2020

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.

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ForkLog 5 23.11.2020

Sean Ono Lennon Praises Bitcoin’s Resilience to Political Turmoil

Sean Ono Lennon, son of The Beatles member John Lennon and Yoko Ono, praised Bitcoin's ability to weather political crises.

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ForkLog 11 20.11.2020

BlackRock: Bitcoin could replace gold

BlackRock's chief investment officer Rick Rieder said that Bitcoin could replace gold.

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ForkLog 56 11.11.2020

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.

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ForkLog 6 09.11.2020

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.

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ForkLog 6 09.11.2020

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.

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ForkLog 8 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 5 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 12 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 37 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 17 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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