Category: gold

Mexico’s Third Richest Person: Buy Bitcoin Right Now

Mexico’s Third Richest Person: Buy Bitcoin Right Now

One of the wealthiest Mexicans – Ricardo Salinas Pliego – continues with his support for bitcoin by urging investors to allocate money to it. Comparing the primary cryptocurrency to gold, he gave his preference to the former. It’s The New Gold The Mexican billionaire businessman and Founder of Grupo Salinas – Ricardo Salinas Pliego – […]

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Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin

Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin

Egyptian billionaire Naguib Sawiris has said he remains bullish on gold and has no intention to invest in cryptocurrencies like bitcoin because such investment is a very risky business. Sawiris Says Gold Still Safe-Haven Asset In his remarks published by The National News, the billionaire reveals he believes it is wrong for people to make […]

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Jefferies’ Chris Wood Boosts Bitcoin (BTC) Exposure to 10%, Trims Gold

Selling gold for Bitcoin (BTC) appears to be the new strategy among some investors. Jefferies’ Christopher Wood is no exception. He is now trimming his allocation to the precious metal to expand his exposure to the world’s largest cryptocurrency. Wood, who happens to be the global head of the investment banking firm, also believes traditional […]

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Mad Money’s Jim Cramer Invests in Crypto Because ‘There Could Be Millions of Greater Fools Out There’

Mad Money’s Jim Cramer Invests in Crypto Because ‘There Could Be Millions of Greater Fools Out There’

The host of Mad Money, Jim Cramer, has some advice for crypto investors. “As long as you recognize the very real possibility that the whole investment case for crypto rests on the greater fool theory, you’ve got my blessing to speculate on it,” he said. Cramer added that he is holding ether because he believes […]

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Russia’s Leading Neobank Considers Adding Cryptocurrency Services: Report

Russia’s Leading Neobank Considers Adding Cryptocurrency Services: Report

Tinkoff Investments – the online brokerage portal of the Russian bank Tinkoff – could turn its sight towards the digital asset industry due to increased customer demand. However, the institution’s director Dmitry Panchenko added that the idea is still at its early stages as Russia doesn’t have the most crypto-friendly legislation. Following The Evolution According […]

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SkyBridge’s Scaramucci: Investors Doing Their Homework Will Buy Bitcoin

SkyBridge’s Scaramucci: Investors Doing Their Homework Will Buy Bitcoin

Anthony Scaramucci – Founder of the investment company SkyBridge Capital – has proved numerous times that he is a keen bitcoin advocate and a hodler. In a recent interview for CNBC, he once again explained the most significant merits of the leading digital asset and why he owns over $1 billion worth of it. Understanding […]

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JPMorgan: Inflation Hedge Narrative Propelled Bitcoin’s Price to ATH

JPMorgan: Inflation Hedge Narrative Propelled Bitcoin’s Price to ATH

Strategists at the financial institution JPMorgan Chase & Co. argued that the reason behind BTC’s all-time high price is not the launch of the ProShares Bitcoin Strategy ETF. Instead, concerns about the rising inflation made the digital asset an attractive investment option, and that led to its recent rally. Gold Failed, BTC Prevailed The moment, […]

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Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge

Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge

Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., talked about bitcoin being his preferred hedge […]

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Bitcoin is Winning the Race Against Gold: Paul Tudor Jones

Bitcoin is Winning the Race Against Gold: Paul Tudor Jones

Paul Tudor Jones – billionaire CEO of Tudor Investment Corporation – has reaffirmed his support for Bitcoin. He said that he has cryptocurrency included in his portfolio, and deemed it superior to gold as an inflation hedge. Jones Remains a Bitcoin Believer The hedge fund manager revealed his thoughts on CNBC’s Squawk Box earlier today. […]

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Fidelity’s Jurrien Timmer: BTC Will Reach $100K in The Next Couple of Years

Fidelity’s Jurrien Timmer: BTC Will Reach $100K in The Next Couple of Years

Jurrien Timmer – Fidelity’s Director of Global Macro – believes bitcoin will trade at $100,000 by 2023. Regarding its correlation with gold, he said both assets are “different players in the same team.” The Road to $100K Bitcoin’s price has been, and most probably will remain, one of the hottest topics in the cryptocurrency space. […]

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