Apparently gold falls into the category of one of the few assets which investors find as safe havens when political and economic tensions begin to escalate. Having an intrinsic value happens to make it compared to gold more often than not, however, this seems to be changing with the introduction of fake bars which clearly … Continue reading Gold Price Hits New Six-Year High But Fake Bars May Benefit Bitcoin
Brad Garlinghouse, Ripple CEO, recently said that the US regulators should listen to the crypto sector, particularly after news shows that China is approaching the launch of its own digital currency. Garlinghouse is the CEO of Ripple Labs, crypto and blockchain company, behind the world’s third-biggest cryptocurrency XRP by total market value. Garlinghouse posted a … Continue reading Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China
Bloomberg predicted in its recent report that Bitcoin’s price in 2020 could reach double of last year’s high of $14,000. It further suggested that adoption is the primary Bitcoin metric, and Bloomberg takes a positive outlook on this end. Looking at the trend during the previous Bitcoin halving event in 2016, the cryptocurrency seems to … Continue reading Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic turmoil. Bitcoin bull and CEO of an investment firm Dan Tapiero presented a … Continue reading JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected
Bitcoin has been having a good year and a very strong price showing since the Black Thursday stock market crash in March. Since the COVID stock market crash on March 14, there has been a focus on the price of gold as the traditional store of value with the precious metal gaining over 15% since … Continue reading Bitcoin Price Will Hit $20,000 in 2020? Not Even Close Says Peter Schiff
Bitcoin showed signs of a slight bullish uptick in its first session in July and maintained a short-term positive correlation with the S&5 500. Bitcoin price managed to climb a little bit higher on July 1, after mirroring the upside moves the S&P 500 made on the same day. The cryptocurrency rose 1.14 percent and … Continue reading Bitcoin Could Follow S&P 500’s Potential Fall After Slight Bullish Trend from US Employment Report
Kanye West dropped a bomb on social media on July 4—American Independence Day—and indicated his intentions to run for President in the 2020 US Elections. This is exciting news for Bitcoin (BTC), as Kanye has publicly expressed his support for the cryptocurrency. On July 4, Kanye tweeted: “We must now realize the promise of America … Continue reading Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020
Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates, asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free. Ray Dalio believes that the Federal Reserve no longer operates within the traditional economic system and is now the market … Continue reading Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy
Bitcoin price saw a slight surge at the start of this week, while China’s stocks soared as no new local coronavirus cases were reported. US stocks also followed and saw an upward tick as investors focused on news related to the new COVID-19 vaccine and treatments. According to market analyst Jim Wyckoff, Bitcoin bulls “have … Continue reading Bitcoin Price Surges Amid Stock Market Bull—But This Could All Collapse if China Repeats its 2015 Stock Market Bubble
Brock Pierce’s run for President of the United States may have come at the wrong time, as the New York Supreme Court today ruled that Bitfinex and Tether must face up to allegations that they concealed the loss of commingled corporate and client funds amounting to over $850 million. Brock Pierce, who is running for … Continue reading Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume