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Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.

Bitcoin Price Reaches $10,800—Following Bullish Momentum Along with Safe Haven Asset Gold

Bitcoin Price Reaches $10,800—Following Bullish Momentum Along with Safe Haven Asset Gold

After a few days of steep correction, the crypto market is on a journey of recovery, as Bitcoin’s price recently surged from $10,300 to $10,800 within an hour.

Jul 30 Trading Analysis: The Running of the BTC Bulls

Jul 30 Trading Analysis: The Running of the BTC Bulls

- BTC trading resiliently around the $11k mark with open interest across global exchanges hitting $5 billion, a level not seen since February this year. - Overnight, no surprises from the U.S. Fed who left interest rates near zero and vowed to use all its tools to support the recovery from an economic downturn that Chair Powell called the most severe “in our lifetime.” - Trade strategy: Think we have got some momentum going as rotation from DeFi and precious metals investors as well as even day traders from the U.S. (think Robhinhood).

Bitcoin Price Reached $12,000 Again Before Slightly Retracing, Analysts Remain Bullish on BTC

Bitcoin Price Reached $12,000 Again Before Slightly Retracing, Analysts Remain Bullish on BTC

Crypto analysts have been more bullish on the world’s largest cryptocurrency, believing that the BTC price will hold the key level this time.

Crypto OTC Trading Platform B2C2 Launches New Bitcoin-Settled Gold Derivative

Crypto OTC Trading Platform B2C2 Launches New Bitcoin-Settled Gold Derivative

Cryptocurrency over-the-counter (OTC) trading platform B2C2 created the first gold derivative product, priced and settled in Bitcoin. B2C2 stated that the gold-bitcoin derivative would allow institutional clients to trade gold via its OTC trading operations regulated and licensed by the United Kingdom’s Financial Conduct Authority (FCA).

FXCM Managing Director: Bitcoin or Forex? Customers Just Want to Trade What is Moving

FXCM Managing Director: Bitcoin or Forex? Customers Just Want to Trade What is Moving

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, spread betting and related services. Founded in 1999, the company's stated mission is to provide global traders with access to the world.

Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000

Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000

Bitcoin price surged past $12,100 on Aug 2, reaching its all-time high in 2020 so far. Since Bitcoin’s bull run on Sunday, Bitcoin appears to be consolidating before its next jump.

Bitcoin’s Market Cap is Now Bigger than Bank of America After BTC Price Hit $12K

Bitcoin’s Market Cap is Now Bigger than Bank of America After BTC Price Hit $12K

Bitcoin’s current market capitalization is now bigger than Bank of America, just slightly over $226 billion, according to CoinMarketCap’s data.

Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”

Joe Weisenthal: Only Point of Bitcoin Is to Do Transactions “THE MAN Doesn’t Want You to Do”

Former Business Insider executive editor and current Bloomberg Business editor Joe Weisenthal had some interesting things to say about bitcoin and blockchain.

Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform

Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform

Mitsubishi Corporation has launched a blockchain platform to streamline and digitize metal trading via its metals and minerals subsidiary.

Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold

Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold

Wall Street veteran and billionaire Michael Novogratz has made the statement that “Bitcoin is a better long-term bet than gold in his recent appearance on Bloomberg Television.

Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?

Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?

While gold prices have recorded an all-time high this year, surpassing $2,000 per ounce, prices have dipped again lately.

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