Category: gold

Holding Bitcoin Right Now is Dangerous, Fund Manager David Tice Says

Holding Bitcoin Right Now is Dangerous, Fund Manager David Tice Says

Bitcoin’s fall to the perilous support of $30K has made investors increasingly cautious, and warnings of a bearish force are already beginning to emerge even if the markets have already lost almost 50% of their total capitalization since the ATH just 3 months ago. Among the bearish voices is David Tice, a seasoned investor known […]

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Hive Blockchain’s Chairman: ‘Green’ Bitcoin Will Become More Valuable in Time (Interview)

Hive Blockchain’s Chairman: ‘Green’ Bitcoin Will Become More Valuable in Time (Interview)

Cryptocurrencies took center stage in 2021 as the market went through a massive bull run where the price for bitcoin skyrocketed to an all-time high of $65,000 in mid-April, and many other cryptocurrencies followed suit. This attracted a lot of attention even from institutional players and large, publicly-listed companies. The elephant in the room is […]

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Apple Co-Founder Steve Wozniak: Bitcoin is Better Than Gold

Apple Co-Founder Steve Wozniak: Bitcoin is Better Than Gold

The American electronics engineer and philanthropist – Steve Wozniak – highlighted Bitcoin as a mathematical phenomenon. He went even further, saying the primary cryptocurrency is better than gold. Steve Wozniak Amazed by Bitcoin The co-founder of the multinational tech giant Apple – Stephen Wozniak – showed his sympathy towards digital assets and particularly bitcoin in […]

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Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell

Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell

After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level of central bank monthly gold purchases and the latest data from May shows the exact same trend. Gold Rises After Data Shows Central Bank Gold […]

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NYU Professor Said Bitcoin Failed as a Good Currency

NYU Professor Said Bitcoin Failed as a Good Currency

The financial specialist and professor at the New York University – Aswath Damodaran – criticized bitcoin in a recent speech. In his opinion, the primary digital asset “failed miserably” and did not prove itself as a good currency. Gold and BTC Are Not The Same The prominent Indian professor – Aswath Damodaran – shared his […]

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The Dean of Valuation: Bitcoin Failed as a Good Currency

The Dean of Valuation: Bitcoin Failed as a Good Currency

The financial specialist and professor at the New York University – Aswath Damodaran – criticized bitcoin in a recent speech. In his opinion, the primary digital asset “failed miserably” and did not prove itself as a good currency. Gold and BTC Are Not The Same The prominent Indian professor – Aswath Damodaran – shared his […]

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Bitcoin Still Commands the 9th Largest Market Capitalization in the World

Bitcoin Still Commands the 9th Largest Market Capitalization in the World

Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away from turning over tech […]

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George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products

George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products

The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn Fitzpatrick. Soros Fund Management Reportedly Has ‘Greenlight’ to Trade Bitcoin At the end of March, Bitcoin.com News […]

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Mike Novogratz: Bitcoin Will Be Digital Gold for 3,000 Years But Ethereum Can Surpass it

Mike Novogratz: Bitcoin Will Be Digital Gold for 3,000 Years But Ethereum Can Surpass it

While outlining the differences between Bitcoin and Ethereum, Mike Novogratz suggested that the latter might actually surpass BTC in terms of becoming the largest digital asset. During a recent interview, the CEO of Galaxy Digital also urged the cryptocurrency community to enhance its efforts to educate lawmakers about Bitcoin and the entire industry. Can ETH […]

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Indians Hold $40 Billion in Cryptocurrency, Report Suggests

Indians Hold $40 Billion in Cryptocurrency, Report Suggests

Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. Indian Crypto Investments Increase Amid Regulatory Uncertainty A growing number of Indians have put money into cryptocurrencies in the past […]

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