gold
ETH 2.0 Gold-Backed Stablecoin
Ethereum Gold backed tokens. Will this be the return of the gold standard? In crypto form.
Bitcoin Is 10X Better than Gold, Says Tyler Winklevoss
Bitcoin has been increasingly compared to gold, with many bulls such as Tyler Winklevoss saying that "BTC was better at being gold than gold."
Why MicroStrategy Invested $425M in Bitcoin Rather than Gold
Michael Saylor says that Bitcoin is digital gold and explains his choice in diversifying his company’s investment portfolio with BTC over gold.
Voyager Digital announces the listing of Elrond Gold token
Voyager digital has just listed the Elrond gold token on it’s exchange
Bitcoin Is Better Than Gold: Crypto Exchange Coinbase
On May 1, 2020, the world's leading cryptocurrency exchange Coinbase published an article on its blog claiming that Bitcoin is superior to gold. The crypt exchange had earlier published a similar article where they supported Bitcoin over Gold due to its ease to audit, anonymity, low transaction fee, and ease to be fragmented into smaller fractions.
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.
Holding Gold While it Depreciates is "Insanity" says Anthony Pompliano
Bitcoin investor Anthony Pompliano believes that holding Gold while its value or price is contracting is not a wise move for investors, highlighting Bitcoin's superiority.
Former Australian Politician Converts to "Millennial’s Version of Gold" - Bitcoin
The former senator for South Australia, Cory Bernardi, has joined the Bitcoin bandwagon lately, seeing it as the millennial’s version of gold.
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).
Is Bitcoin the Best Asset to Hold? Gold Bull Jeffrey Gundlach Calls BTC "The Stimulus Asset"
Jeffery Gundlach, a self-proclaimed gold bull has acknowledged that Bitcoin may be the stimulus asset.
Crypto Firm Bits of Gold Obtains Capital Markets License from Israeli Regulator
Bits of Gold is the first crypto firm to receive this license, which will enable it to work with local banks and financial institutions.
Former Congressman Ron Paul Calls for Legalizing BTC But Don't Tax
Former Congressman Ron Paul advocates for legalizing Bitcoin as if money but not to be taxed.
Peter Schiff’s Bank Investigated in Global Tax Evasion Probe, Gold May Be Dirty
Peter Schiff’s Euro Pacific Bank is currently under a tax evasion probe for hosting numerous financial accounts suspected of tax evasion crimes.
Malaysia’s Prime Minister Seeking a New Gold Standard
Reportedly Malaysia’s Prime Minister Dr Mahathir Mohamad indicated that he is agreeable to a single currency for the East Asian region backed by gold but critically it would not become the national cash of any current nation.
Gold Price Hits New Six-Year High But Fake Bars May Benefit Bitcoin
There seems to be no slowing down behind the sentiments driving the Increase in the price of the precious metal. Recently Goldbug Peter Schiff has been seen to be making headlines on the news, shilling his baby and expressing his admiration for his virtue of hedging against Central Banks.
Goldman Sachs Starts Trading Bitcoin Futures, Taps Galaxy Digital as Liquidity Provider
Goldman Sachs has partnered with Galax Digital to help the US investment bank offer Bitcoin futures products.
Peter Schiff Criticizes Sequoia Capital's Employee BTC Plans, Says It's An Attempt to "Sucker in Buyers"
Bitcoin's price downtrend has caused Peter Schiff to criticize Sequoia's employee remuneration scheme based on Bitcoin.
Goldman Sachs Explores Development of its Own Digital Token
Leading global investment bank Goldman Sachs is examining options of creating its own cryptocurrency. The bank has appointed Mathew McDermott as the worldwide head of digital assets to spearhead the realization of this dream.
First Private Bank Joins Turkish Digital Asset Blockchain Network
Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.
University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens
The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.
Rising Adoption of Crypto Will Not Gurantee Increase Prices: Goldman Sachs
Goldman Sachs Group Inc. voiced concern about cryptocurrency saying investors should not be easily convinced about the narrative that a rise in the adoption of digital currencies will lead to higher prices.
Goldman Sachs and Citigroup Perform the First Equity Swap on Blockchain
Traditional equity swaps have to be continuously updated for multiple variables. These include different interest rates, end-of-day market prices, and corporate actions like stock splits and dividend payments. Financial institutions need to hire many people to verify the process until the swap completion, which in some rare cases, could take months.
NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token
Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS). New York-based exchange and stablecoin operator, Paxos launched a gold-backed Ethereum-based token named Pax Gold (PAXG).
Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection
ARK Invest CEO Cathie Wood reports a shift from traditional gold investments to Bitcoin, driven by spot Bitcoin ETFs and its increasing 'risk-off' role, especially during economic uncertainties like the regional bank crisis.
Tether Launches Alloy: A Digital Asset Backed by Tether Gold (XAU₮)
Tether introduces Alloy, a new digital asset backed by Tether Gold (XAU₮), offering stability and security in the digital economy.
Bitfinex Introduces aUSDT: A Gold-Backed Digital Asset
Bitfinex unveils aUSDT, a digital asset combining the stability of gold with Web3 functionalities, backed by Tether Gold (XAUt).
Goldsky Integrates IOTA EVM, Enhancing Data Accessibility and Real-Time Analytics
Goldsky's integration with IOTA EVM simplifies data access and real-time analytics, empowering developers to build efficiently.
Gala Games Introduces VIP Club 'Gala Gold' with Exclusive Benefits
Gala Games' VIP membership, Gala Gold, offers exclusive Discord access, special NFTs, and game testing opportunities for a lifetime fee.
VanEck Provides Monthly Gold Market Insights from Experts Casanova and Foster
VanEck shares monthly insights on the gold market and economy from experts Imaru Casanova and Joe Foster, highlighting mining trends and gold's portfolio benefits.
Robinhood Markets (HOOD) to Present at Goldman Sachs Conference
Robinhood Markets, Inc. (HOOD) announced its participation in the Goldman Sachs Communacopia + Technology Conference on September 10, 2024.
Goldman Sachs Starts Trading on JPMorgan’s Repo Blockchain Platform Onyx
Goldman Sachs Group has joined Onyx, an online trading platform based on the Ethereum blockchain created by JPMorgan Chase. It will use the platform to conduct smart contracts and a digital version of the dollar repurchase agreement.
Randall Crater, Founder of "My Big Coin" Sentenced
A U.S. Federal Court Judge sentenced Randall Crater to 100 months in prison. Crater defrauded 55 investors with $7.6 million.
Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.
Goldman Sachs Offers Customers Access ETH Fund via Galaxy Digital
Goldman Sachs announced its partnership with Galaxy Digital to once more enable its customers to get greater access to the crypto business.
Goldman Sachs Says Cryptocurrency Is an Alternative to Copper, Not Gold
Jeff Currie revealed that cryptocurrency is not a substitute for gold, stating that risks associated with cryptos mean that their values are quite different from those of safe-haven assets such as gold.
Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth
Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.
CFTC Whistleblower Program Gains Traction with $16 Million Awarded in 2023
The CFTC's Whistleblower Program in 2023 awarded $16 million to whistleblowers, contributing to over $3 billion in enforcement sanctions. Recognizing their role in combating financial fraud, the program now focuses on environmental fraud through a task force.
7-Eleven Jumps into NFT Space
Joining the ranks of Adidas, Coca-Cola, Louis Vuitton, and Nike, 7-Eleven, Inc. is making a significant move into the digital asset space. The convenience retailer is celebrating its 96th birthday by introducing a first-of-its-kind digital collectible (NFT) for Slurpee fans nationwide.
Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation
The Golden Gate University School of Law has teamed up with Algorand Foundation to set up Blockchain Law for Social Good Center to eliminate regulatory scepticism.
Texas lawmakers propose gold-backed state digital currency
Two Texas lawmakers have introduced bills proposing a state-based digital currency backed by gold, with each unit of the currency representing a fraction of a troy ounce of gold held in trust. The bills are set to take effect in September 2023, but have yet to be passed or presented for a vote. This move comes despite objections from several U.S. lawmakers who are against the introduction of a central bank digital currency (CBDC).
Goldman Sachs Applies for a DeFi and Blockchain ETF to Optimize Investment Results
Banking giant Goldman Sachs applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission intended to maximize investment results based on the performance of the Solactive DeFi and Blockchain index.
Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard
Paolo Ardoino, Tether's CTO, recently discussed the role of Tether Gold ($XAUT), Bitcoin, and gold in the evolving economic landscape.
SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency
The House Committee on Oversight and Accountability has intensified scrutiny on SEC Chair Gary Gensler over the SEC's coordination with the EU on legislative matters and a perceived lack of transparency. The discord, highlighted in a letter dated October 12, 2023, follows a pattern of communication deadlock between the SEC and Congress, with implications on broader legislative and regulatory frameworks. The Committee expects more forthright engagement from the SEC by October 19, 2023, threatening compulsory processes for compliance.
Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33M
Former Goldman Sachs Marcus Head Launches Crypto Investing App with $33 million.
BRICS Alliance Considers Creating New Currency
The BRICS alliance, comprised of Brazil, Russia, India, China, and South Africa, is reportedly exploring the possibility of creating its own currency, according to a top Russian official. Alexander Babakov, State Duma Deputy Chairman, stated that the currency could be based on new monetary ties and could be secured by gold and other commodities. The move is seen as a way to distance the BRICS nations from US dollar hegemony and to promote their shared objectives.
Vitalik Buterin Holds Taiwan Employment Gold Card
Vitalik Buterin holds a Taiwan Employment Gold Card, integrating work, residence, and travel permits. Valid for 1-3 years, it simplifies processes for global professionals in Taiwan.
Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions
Bitfinex has integrated Tether Gold transactions via the Polygon zkEVM transport layer, marking a significant step towards cost-effective and secure digital asset transactions from October 11, 2023.
Goldman Sachs to Launch Data Service to Classify Digital Assets
Goldman Sachs has floated a new crypto categorization tool dubbed Datanomy
HSBC to Initiate Institutional Digital Assets Custody Service in 2024
HSBC plans to launch a digital assets custody service for institutional clients in 2024, partnering with Metaco to expand its digital offerings to include tokenised securities.
Bitwise's "Bitwise Is Interesting" Campaign: A Strategic Move in Crypto Advertising
Bitwise Asset Management, partnering with actor Jonathan Goldsmith, is launching a campaign to promote its expertise in crypto assets, awaiting U.S. approval for its Bitcoin ETF.
Bloomberg Strategist: Bitcoin May Surpass Gold in Today's Digital World
The advancement in the digital ecosystem as we have it today may give Bitcoin (BTC) an advantage for it to surpass Gold in the coming years- Bloomberg's Mike McGlone
Investors Flock to US Money Market Funds Amid Banking Crisis
Amid banking crisis fears, investors have poured $286 billion into US money market funds in March, with Goldman Sachs, JPMorgan Chase, and Fidelity among the biggest winners. These funds are offering high liquidity and low risk, making them popular during uncertain times.
May 7: The Traders' War... New vs Seasoned...
Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.
Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?
Goldman Sachs is expecting the Chinese yuan to fall to its lowest since 2008 in the coming months due to the existing US-China trade war, and now the US potential sanctions on China over its feud over Hong Kong. US President Donald Trump has announced earlier that he will be looking to end preferential treatment for Hong Kong in terms of trade and visa-free travel, due to the new security law for Hong Kong approved by Beijing. The yuan has been forecasted by Goldman Sachs to fall to 7.25 per dollar during the next three months before recovering to 7.15 per dollar over six months, then to 7 per dollar in the next year. As the firm sees the yuan falling to its 2008 low, the potential for Bitcoin to experience an explosive price rally has been raised.
Bitcoin’s Price Boom is Artificially Inflated, says Peter Schiff
Peter Schiff claims that the current rise in bitcoin prices is due to market manipulation.
Interview with Noble Gold Investments CEO: Gold as Hedge Tool against Inflation?
Exclusive: Blockchain.News recently had a conversation with Collin Plume, the President and CEO of Noble Gold Investments, regarding whether gold could be a safe haven investment that investors should rely on during turmoil times.
Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading
During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.
Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold
A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.
Crypto Remain the Most Popular Investment Assets Compared to Gold in Australia: Survey
A recent survey from BTC Markets exchange has revealed that the embrace of crypto like Bitcoin is largely more popular than precious metals such as Gold.
Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven
Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown.
Hong Kong’s National Security Law Triggers Exodus of Wealthy Society’s Capital, Is Gold Being Dumped for Bitcoin?
Hong Kong’s rich and affluent are reportedly moving large amounts of gold out of the major financial hub following Beijing’s imposed national security law. According to well-known Bitcoin bull Max Keiser, Bitcoin is a better way to export your fortune.
IBC Group Chairman: Cryptocurrency Replacing Bullion Market Just a "Matter of Time"
IBC Group Chairman, Khurram Shroff, believes that cryptocurrency will one day replace the bullion market which is continuously being thrashed by inflationary headwinds.
Is Bitcoin Digital Gold? SkyBridge Says Yes, JPMorgan Says No as Market Dynamics Have Changed
Institutional investment in Bitcoin has many convinced that it has already succeeded in its transition into digital gold—but the debate continues to rage at the highest levels.
Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin
Despite the oil price taking a beating this year, Iran has urged its citizens to invest in a scheme that would pre-sell 220 million barrels and drive liquidity into the OPEC nation's struggling economy. In response, Cameron Winklevoss tweeted that Bitcoin is a far better investment.
Bitcoin and Ethereum Crypto Prices Exploding Because Gold is Lame says Vitalik Buterin
Over the weekend the Bitcoin price exploded to almost $35,000 and ETH soared to over $1000. Why? Because “gold is lame” according to Ethereum founder Vitalik Buterin.
Institutional Crypto Exposure Hits 51%, Goldman Sachs Study Shows
Out of 172 institutional clients surveyed, leading global investment bank Goldman Sachs found out that 51% of them had crypto exposure.
Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT
A US dollar global economy has led to the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors since the initiative began in 2013. GoldZip is the exciting new digital tool allowing countries to barter goods based on their digital gold values.
A New World of Money - Blockchain in Human History Series
In this article we take a deep dive in money issuance standard to witness the evolution of money. The evolution of money issuance standard can be summarized in four phases.
Fighting for Monetary and Financial Freedom
We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact
Goldman Sachs to Begin Offering Bitcoin and Crypto Products to Clients
Goldman Sachs has said that it will begin offering Bitcoin and crypto investments to its clients within the next three months.
Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP
Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.
Crypto Firm Elwood Technologies Raises $70M in Series A Round
American investment banking giant, Goldman Sachs, and Barclays invest in global fintech crypto company Elwood Technologies. The company is valued at up to $500 million after the financing, according to the report from Financial Times.
Swiss-Based SEBA Bank Launches Tokenized Gold Services for Clients
Switzerland-based digital banking service provider, SEBA Bank AG has launched tokenized gold services for its customers.
Goldman Sachs Tells Investors Bitcoin Not Worthy of Investment
The recent announcement that Goldman Sachs would be holding an investor conference call event to further discuss inflation, gold, and Bitcoin had captured the attention of the entire cryptocurrency industry. The investment bank called investors to discuss the “US Economic Outlook & Implications of Current Policies for Inflation, Gold, And Bitcoin”.
Goldman Sachs Invites Investors to Conference Call on Bitcoin, Gold and Crisis Markets
Goldman Sachs is preparing to host a conference call with its top investors to discuss the impact of the current economic crisis on inflation, gold, and Bitcoin.
One River Asset Management Closes $41M Funding Round Led by Goldman Sachs
One River Asset Management has completed a $41 million Series A funding round led by Coinbase Ventures and Goldman Sachs.
Goldman Sachs Warns Inflation Threatens US Dollar’s Role as Global Reserve Currency
Goldman Sachs strategists say risks to the U.S dollar’s reserve status include increasing pandemic and political uncertainty and rising debt.
Goldman Sachs Joins Investors to Fund CertiK as it Tops $2B Valuation
New York-headquartered blockchain security startup, CertiK has finally confirmed it raised $88 million from investors led by Tiger Global, Advent International and other investors.
Swiss Banking Giant UBS to Offer Crypto Services to its Clients
UBS is reportedly planning to offer crypto investment services to its customers.
Gold, Oil and Bitcoin: What Does One Have to Do With the Others?
You’ll often hear the value of bitcoin being compared to that of gold, with the newest likeness being to oil. But do these three commodities really have anything in common?
Blockchain Brings Monetary and Financial Freedom
We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact
Fiat Money
What is fiat money; the history of fiat money and its influence on monetary policy and the global economy.
New Money Theory: Understanding the Fundamental Internal and External Factors of Money
Money has always had a fundamental influence on the development of the world and society's values. Money is a major incentive for our economic society. Everybody knows the importance of money, but how money is created and achieves its value still remains a mystery for most people.
Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level
Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.
COVID-19 Market Climate Perfect Catalyst for Bitcoin Demand Says Binance.US CEO
The coronavirus panic-driven frenzy to acquire assets of lasting bona-fide value has put the traditional gold market to the test and may be creating the perfect catalyst for Bitcoin according to Binance.US CEO Catherine Coley.
Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan
Mati Greenspan, founder of Quantum Economics believes the coronavirus pandemic has brought Bitcoin closer to the S&P 500 than ever before.
Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin
The Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at the end of the 2017 ICO rush. But times are changing and according to Alexis Ohanian, co-founder of Reddit and early investor in Coinbase believes the crypto winter is thawing and asserts that we are on the cusp of a ‘crypto spring’.
Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar
As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, setting Bitcoin for its next surge.
MicroStrategy CEO Reveals why Bitcoin is a Better Investment than Gold
CEO of MicroStrategy Michael Saylor discloses why MicroStrategy chose to invest in Bitcoin rather other assets that may have seemed more plausible - such as gold.
Bitcoin Should Benefit from the US Dollar Crash, says Top Economist Stephen Roach
Stephen Roach, former Chairman of Morgan Stanley’s Asia division and Yale University senior fellow said that cryptocurrencies including Bitcoin should benefit from the US dollar’s decline.
Goldman Sachs Says Customer Demands for Bitcoin Are Increasing
Goldman Sachs President and COO John Waldron has revealed that the bank is experiencing a rising demand for Bitcoin from its customers.
Bitcoin Price on Pace to Reach $20,000, Bloomberg Senior Strategist
The Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone says Bitcoin (BTC) may well be on pace to reach US$20,000 by 2021.
Bitcoin Eyes $50,000 in the Long Term as Its Battle with Gold for Best Safe-Haven Asset Continues
Crypto exchange Luno and brokerage OSL believe that Bitcoin is still in the right trajectory and is set to hit $50,000 in the long term.
Peter Schiff Mocks BTC Reliance on Platforms like PayPal, Says "Gold is Money, Bitcoin is not"
Bitcoin critic Peter Schiff is calling out Bitcoin again for requiring a third-party like PayPal to operate as a payment system, he said that "Gold is money and Bitcoin is not".
Bitcoin Needs to Hold Above $55,000 for It to Test New Highs, says Market Analyst
Market analyst and trader Michael van de Poppe has disclosed that BTC needs to hold above the $55K price level if it is to rally higher.
Microstrategy CEO Reveals BTC Purchase is Corporate Strategy to Adopt Bitcoin Standard
CEO Michael Saylor revealed that MicroStrategy’s $425 million Bitcoin investment was part of its corporate 100-year outlook and strategy to adopt the Bitcoin Standard.
Bitcoin is the Best Institutional Asset in Q1 2021 - Messari
Bitcoin has reportedly outperformed the major institutional assets including oil and gold in Q1, 2021.
Peter Schiff Criticizes Investors who Succeeded in Getting Wall Street to Buy into the Bitcoin Mania
Peter Schiff has yet again expressed his disappointment at BTC proponents that has stirred increased Wall Street participation in crypto.
Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter
After declaring that he may be quitting crypto trading altogether, Dave Portnoy is now hinting that he will “save Bitcoin and crypto.”
Bitcoin Inches Closer to a Market Value of $1 Trillion
Bitcoin is making notable strides because its current bull run has resulted in its market value being a stone’s throw away from the $1 trillion mark.
Gold’s Rally Isn’t Over—Here’s What It Means for Bitcoin
Gold faced its biggest daily drop in seven years last week, just shortly reaching its all-time high. What does this mean for Bitcoin?
Bitcoin is Showing Great Resilience Considering the Surging 10-Year Treasury Yield
Crypto analyst and investor Joseph Young has disclosed that BTC is showing considerable resilience despite unfriendly market forces like the surging 10-year treasury yield.
Bitcoin Is ‘100 Times Better Than Gold,’ Says Michael Saylor
Michael Saylor of MicroStrategy sees a revival for Bitcoin as he expects plenty of upside above its previous high.
Bitcoin Most Popular Crypto in North America, Market Experts Report
Bitcoin has always been the most popular cryptocurrency on the global market, but the region that is most invested in BTC assets appears to be North America.
JPMorgan Pegs Bitcoin 'Fair Value' at $38,000, despite $44K on the Horizon
JPMorgan Chase & Co Analysts have placed the “Fair Value” of Bitcoin, the world’s first cryptocurrency, at $38,000.
Will Gold Bull Peter Schiff Change His Mind on Bitcoin? Crypto Twitter Backs BTC
Peter Schiff and his son have brought their friendly banter regarding Bitcoin investments to crypto Twitter.
Billionaire Stan Druckenmiller Owns Less Bitcoin than Gold, but says BTC has Better Risk-Return Potential
“I’m a bit of a dinosaur, but I have warmed up to the fact that Bitcoin could be an asset class,” said Stanley Druckenmiller during an interview with CNBC.
Winklevoss Checks on Bitcoin Critic Peter Schiff as BTC Price Smashes ATH
As the Bitcoin price soars, Tyler Winklevoss checked in on BTC critic Peter Schiff, who is adamant that the market is rising on pure speculation.
Positive Gold Forecast Could Ignite Bitcoin Bull Run, US Stock Futures Rally on Stimulus Hopes
Gold has been trading sideways in the past few weeks, but according to this CEO, the price action is forming a bottom. Holmes predicts that gold will reach $4K.
Bitcoin Price Sets 12-Day High as US Stock Futures Sees Bounce-Back Session
Bitcoin has currently surged above the $10,700 level, reaching its highest price level in 12 days.
Grayscale Bitcoin Trust Offers Public Access to BTC “Era of Digital Gold”
Grayscale Bitcoin Trust is offering mainstream investors access to the newly proclaimed era of digital gold as Bitcoin evolves into a dominant store of wealth.
Bitcoin Outperforms than Commodities in 2021 Amid Dormant BTC Circulation Going a Notch Higher
Bitcoin is the best-performing asset compared to commodities this year BTC with a return of 96%.
Bitcoin Price Will Hit $20,000 in 2020? Not Even Close Says Peter Schiff
Bitcoin has been having a good year and a very strong price showing since the Black Thursday stock market crash in March.
Despite Price Battery, Bitcoin Still Ranks as One of the World’s Most Valuable Assets
Is Bitcoin still in line to rank above Gold as the world's most valuable asset by market cap?
Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum
Over the weekend, Bitcoin broke past the $11,000K mark once again but has fallen back to record an approximate price of $10,900 since then.
Bitcoin Back Above $50,000 As Senate Passes Biden's $1.9 Trillion Stimulus Package
Bitcoin price is gradually growing after the US Congress passed the $1.9 Trillion stimulus package. BTC may see new price growths afterwards.
Public Demand for Bitcoin over Gold Could See BTC Price Target Hit $146,000, according to JPMorgan
JPMorgan believes that a crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term.
Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030
Bitcoin billionaires Tyler and Cameron Winklevoss told CNBC that the Bitcoin price will surge to $500,000 within the next decade and replace gold as a store of value.
Bitcoin and Gold can Coexist, according to Goldman Sachs
Investment giant Goldman Sachs has delved into the issue of how Gold and Bitcoin can coexist together as the BTC continues to cement its status as a safe-haven.
5 Reasons Bitcoin Hit $47K ATH and the BTC Price Surge Will Continue
Why is Bitcoin rising harder than ever before as BTC price pushes for $50,000 after exceeding $47,000 in a new ATH? Here are five reasons for Bitcoin's growing strength.
Will Bitcoin Replace Gold as A 'Traditional Safe-Haven Asset?' Experts Debate
Nigel Green, CEO, and founder of financial consultancy firm deVere Group, addressed Bitcoin’s bullish traction on the crypto market and boldly stated on his Twitter platform that the cryptocurrency was potentially going to “knock gold from its long-held position” of being a safe-haven asset.
Crypto Bull Anthony Pompliano Reveals That 80% of His Wealth Is Bitcoin
Anthony "Pomp" Pompliano, the co-founder of Morgan Creek Digital and host of the Pomp podcast show, disclosed that 80% of his wealth was allocated to Bitcoin.
Goldman Sachs Recommends Shorting the Dollar, Increasing the Odds of a Bitcoin Bull Run
Goldman Sachs believes that the risks arising from vaccine trials and the uncertainty of the US election could weaken the dollar. What about Bitcoin?
Bitcoin Maximalist Max Keiser says Investors Holding Assets Other than BTC and Gold are in Trouble
According to Max Keiser, due to the renewed expansion of the Federal Reserve’s balance sheet, all assets are in trouble, except gold and Bitcoin.
Legends of Wall Street Are Warning Us That Inflation is Coming Hard—Is it time to Buy Bitcoin?
Will you turn to Bitcoin or Gold to hold your wealth as the US Dollar loses purchasing power? Here's what legends of Wall Street are doing.
Bitcoin Price as Likely as Gold to Rally Higher, Investors Await ECB Policy Meeting Outcome
Bitcoin is now more closely correlated to safe haven asset gold than ever, which enables the world’s largest cryptocurrency to be able to combat risk aversion.
Ray Dalio Sheds Light On What Constitutes A Good Investment Portfolio, and It Includes Bitcoin (BTC)
Ray Dalio, the founder of hedge fund giant Bridgewater Associates, has long been critical of Bitcoin but it appears that his stance may have changed over time.
Why Bitcoin Should Make Up 5% of Your Investment Portfolio, According to Fidelity
Fidelity Digital Assets makes the case for why Bitcoin should make up 5% of a given multi-asset investment portfolio.
Jim Cramer Says it is Still Not Too Late to Invest in Bitcoin as BTC Price Surges Toward $20,000
In his Twitter post On Nov. 24, Cramer stated that he thinks that it is not too late to invest in Bitcoin, despite the crypto rallying to new highs.
Warren Buffett Changes Attitude on Gold, Not Bitcoin Reminds Peter Schiff
Warren Buffett now started to buy bitcoin, reminding us of the days when he said he would never invest in Bitcoin.
Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg
Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators.
Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype
According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.
Bitcoin Wakes Up from Slump and Surges, While Gold Rallies
As the value of the USD has been depreciating with the mass printing of stimulus checks deployed by the US government and with gold finally responding with a price rally, Bitcoin (BTC) has finally gained some bullish traction on the crypto market.
Bitcoin Continues to Circulate in a Semi-Bullish Territory
Bitcoin is still in a semi-bullish area, given that circulation continues to be steady, according to on-chain metrics provider Santiment.
Goldman Sachs Pushes Bullish Stock Market Investment, Warren Buffet Indicator Disagrees—What about the Bitcoin Price?
Goldman Sachs believes that stocks will boom over the next 12 months which is not sitting well with Warren Buffett warns the market is an overvalued bubble.
Former British Politician Godfrey Bloom Announces First Bitcoin Purchase
Godfrey Bloom, the former British Member of Parliament, has revealed that he is making his first purchase of Bitcoin.
Could Stock Market Turbulence and US Elections Send Bitcoin Crashing Down?
Bitcoin has plunged from highs of more than $11K to lows of $10,400, and analysts have looked at US stock markets to explain the cryptocurrency’s price dip.
Bitcoin Less Risky than Cash or Gold says MicroStrategy CEO Michael Saylor
Michael Saylor, CEO of MicroStrategy says Bitcoin is less risky than gold and cash and said the firm would not hesitate to dump the BTC portfolio if they had to.
Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism
New data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.
Bitcoin's Performance Outshines Gold and the S&P 500 Despite Recent Price Corrections
Bitcoin has outperformed gold and the S&P 500 in the past 12 months, but is the cryptocurrency's growth sustainable?
Winklevoss Says Bitcoin Price to Reach $500,000 — Why BTC is Better than Gold and Oil
Tyler Winklevoss advocates that Bitcoin (BTC) is headed towards a markup of $500,000 in price and that it will be the preferred safe-haven asset by investors.
Investment Giant Goldman Sachs Offers the First Bitcoin-backed Lending Loan
Goldman Sachs announced to offer the first bitcoin-backed lending loan, lenders might make use of the bitcoin they own as cash collateral for this loan.
Goldman Sachs to Reopen Bitcoin Futures Trading after Three-Year Pause
Goldman Sachs plans to relaunch its Bitcoin futures trading after pressing pause on it in 2018 due to the crypto price fall experienced that year.
BAC Strategists Say Bitcoin's Shifting Correlations May Indicate That It Is Regaining Popularity
Following months of crypto winter, BAC Strategists believe it may now be safe to stack Bitcoin again
Goldman Sachs Says Bitcoin Could Beat Gold in Market Shares
As digital assets have become more widely accepted in many economies, Bitcoin is likely to overtake gold in market shares in 2022, Goldman Sachs analyst Zach Pandl said in a research note.
Bitcoin Billionaire Tyler Winklevoss Pushes BTC Scarcity as 26% of US Dollars Were Printed in 2020
Bitcoin billionaire Tyler Winklevoss again made the case for Bitcoin over the US dollar, alluding to the crypto’s scarcity and limitless federal money printing.
Goldman Sachs Launches First Ethereum-Linked Derivatives Product
American investment banking and financial institution giant, Goldman Sachs Group Inc has started trading a type of Ethereum-linked derivatives.
Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019
bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.
SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap
SUSHI’s trajectory appears promising. It is important to look at why the price is rising, unlike other crypto prices.
Goldman Sachs Managing Director Reportedly Resigns After Making Millions from Dogecoin
Aziz McMahon, the managing director of Goldman Sachs' London office, is said to have resigned from his role after earning huge profits from Dogecoin investments.
Gold Guaranteed Coin Mining Introduces Tokenised Gold Investment
Gold Guaranteed Coin Mining has launched the Gold Guaranteed Coin (GGCM), which uses blockchain technology to digitally store physical gold.
Goldman Sachs Reportedly Raising Funds to Acquire Celsius Assets by $2 bn, Report says
American multinational investment bank, Goldman Sachs Group Inc, has shown interest in buying up embattled crypto lender Celsius Network.
FTX Secures Global Sponsorship Deal With Golden State Warriors, Estimated $10M Worth
FTX Derivatives Exchange has inked a global sponsorship deal with professional NBA basketball team Golden State Warriors. Reportedly, the deal is a multi-year pact estimated to be worth about $10 million.
“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov
Ramzan Kadyrov, the Head of the Chechen Republic has a strong distrust of Bitcoin, along with a profoundly confused understanding of BTC price.
Goldman Sachs Sets to Offer OTC Ether Options Trading
Goldman Sachs has disclosed that it would introduce over-the-counter (OTC) Ether options trading for its clients, citing increasing demands.
Goldman Sachs Lobbying FTX Exchange for an IPO Move
American investment banking giant, Goldman Sachs is notably lobbying FTX Derivatives exchange if the crypto trading platform decides to conduct IPO shortly.
Goldman Sachs Trades First Over-the-Counter Crypto Transaction with Galaxy Digital
Goldman Sachs has become the major US bank to conduct the first over-the-counter crypto trade.
NBA champion Andre Iguodala to Accept Salary Payment in Bitcoin
American basketball player Andre Iguodala, who plays for the NBA's Golden State Warriors, tweeted Monday that he will accept bitcoin as a salary.
Goldman CEO "Big Believer" in Blockchain
David Solomon, the Chief Executive Officer of Goldman Sachs, has said he is a big believer in the technology that underpins cryptocurrencies.
Rich Dad Recommends Bitcoin Instead of Real Estate
Robert Kiyosaki, popularly known as Rich Dad, has come out openly to denounce real estate as an investment alternative in support of Bitcoin.
GoldenTree Appoints BlockTower’s Exec Avi Felman to Lead Digital Asset Trading
GoldenTree welcomes Avi Felman to spearhead the company’s digital assets’ strategy and trading activities.
JPMorgan Says Younger Investors Tilt Towards Bitcoin While Older Ones Favor Gold
Investment Bank JPMorgan through research by its strategists has discovered that older generation investors favor gold while younger generations embrace Bitcoin and tech-based assets
Brian Amstrong Sees Bitcoin as a Flight to Safety Asset in 5 -10 Yrs
Coinbase's Brian Armstrong foresees Bitcoin serving as a safe investment asset in about a decade
Former Goldman Sachs Staff Launch DeFi Platform Ondo with $4M Funding Round
Two former Goldman Sachs staff have developed a new DeFi protocol Ondo to enhance how users interact with DeFi products, which has raised $4 million through an equity funding round.
5 Places to Learn About Crypto Investing
While there is certainly an aspect of the ‘gold rush’ mentality to the current crypto buzz and surging market caps, it is undeniable that we have passed a legitimate turning point in the history of this revolutionary technology and asset class.
Azuki NFTs Sells the 8th Most Expensive Skateboard
History is being made by Azuki is making history, the Web3.0 brand renowned for its NFT innovations as it sold out the 8th most expensive skateboard in the world.
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.
“Bitcoin Better Investment than Gold," Winklevoss Says to Dave Portnoy Over Talks on Elon Musk’s Plans to Mine Gold in Space
In their interview with Dave Portnoy, Tyler and Cameron Winklevoss advised the "Davey Day Trader" to invest in Bitcoin rather than gold.