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PortuguêsBitcoin (BTC) may soon “decouple” from traditional assets, says statistician Willy Woo as a key gold relationship breaks out of a long-term downtrend. In a tweet on Sep. 25, Woo…
Continue ReadingBloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between…
Continue ReadingBitcoin price may have snapped back below $11,000 and is struggling to maintain the all-important support level of $10,000, however, its showing more “relative strength” than gold currently. That statement…
Continue ReadingAny attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US stocks sustains. So predicts Ronnie Moas, a stock market analyst…
Continue ReadingBitcoin is laggingly tailing the gold chart trends, and it may face trouble for its delayed correlation. That is due to the precious metal’s latest breakdown move, wherein the price…
Continue ReadingBitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by 70 percent earlier this year. Bitcoin is maintaining support above…
Continue ReadingBitcoin is trading almost 17 percent below its year-to-date high near $12,500. And, according to analysts at TradingShot, the downside bias is about to turn a lot worse. The independent…
Continue ReadingAccording to Tyler Winklevoss, co-founder of the Gemini crypto exchange, Bitcoin beats gold at its own game. “Bitcoin is better at being gold than gold — and not just incrementally,…
Continue ReadingThe Bitcoin price popped above $11,000 just as the Federal Reserve Chairman Jerome Powell started delivering his speech after finishing their two-day policy meeting on Wednesday. Mr. Powell’s office boosted…
Continue ReadingAccording to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the…
Continue ReadingThe Crescat Capital portfolio manager gives his take on the flashing macro warning signals and why it is an explosive moment for gold, silver and (potentially) bitcoin. Tavi Costa is a…
Continue ReadingIn its latest crypto newsletter, Bloomberg said that according to its records, the correlation between Bitcoin (BTC) and gold is at its highest level since 2010: Bitcoin and gold correlation.…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingAccording to a Morgan Stanley executive, the young and adventurous usually go for crypto, while older investors stick to more traditional assets. In a Sept. 8 interview with CNN anchor…
Continue ReadingBitcoin and gold are regularly compared due to the similarities they share. But could those same similarities be the reason for each asset’s price charts forming the exact same continuation…
Continue ReadingThe vast majority of Twitter users trust 18-year-old Spencer Schiff’s investment advice over that of his father, Peter Schiff — a renowned gold bug and Bitcoin critic. “Against my advice…
Continue ReadingGold bug Peter Schiff, who has often spoken out against Bitcoin, may be admitting that there’s at least some flaw in his predictions after acknowledging the coin did not “collapse”…
Continue ReadingWarren Buffett and Berkshire Hathaway substantially cut their position on Wells Fargo, selling 100 million shares. The Oracle of Omaha is continuing to trim his position in bank stocks, buoying…
Continue ReadingHuge gains in stock markets despite the dire economic consequences of coronavirus may soon be a thing of the past, one analyst warns. In a tweet on Sep. 4, Mike…
Continue ReadingThe price of Bitcoin (BTC), the S&P 500 index, and gold all fell simultaneously on Sept. 3. The sentiment around the markets remains cautiously negative after the drop. Two factors…
Continue ReadingIn September’s crypto outlook newsletter, Bloomberg’s analyst Mike McGlone observed that the price of Bitcoin (BTC) could either be heading to the $500,000 mark, or it could fail. McGlone has…
Continue ReadingThe U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up…
Continue ReadingWhen a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the…
Continue ReadingBitcoin and gold have been pressing higher after the comments made by Federal Reserve chairman Jerome Powell last week. Both assets are up by around 5% since the comments the…
Continue ReadingThe American libertarian, economist and financial commentator Peter Schiff has been criticizing bitcoin for years, as he believes “bitcoin has no real value.” However, on Thursday Schiff asked the crypto…
Continue ReadingOn Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time.…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingBitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows. On Aug. 28, the U.S. dollar currency index (DXY), fresh…
Continue ReadingBitcoin’s recent price action has scared analysts. The cryptocurrency slipped around 3% even after Jerome Powell announced higher inflation expectations/targets. Gold has also moved lower, shocking investors thinking scarce assets…
Continue ReadingThe last few months have bolstered the price of the precious metal gold as governments worldwide have created tremendous amounts of debt and inflation. For instance, the value of gold…
Continue ReadingIn a bizarre twist, investors hoarding rare casks of whisky highlights exactly why Bitcoin is among the most valuable assets to ever exist. But why are so many turning to…
Continue ReadingPeter Schiff, a popular mainstream financial commentator and gold advocate, recently told people to send Bitcoin (BTC) to his 18-year-old son. “Since so many of you Bitcoin guys are ribbing…
Continue ReadingThe price of Bitcoin (BTC) has increased by nearly 30% since late June, from $8,905 to just under $11,500 as of press time. Following the strong rally of the dominant…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingThe “Buffett Indicator” is hinting that the United States’ stock market is currently at dot-com bubble levels, Yahoo Finance reported on Aug. 20. The indicator divides the Wilshire 5000 Index…
Continue ReadingAs whispers of Bitcoin’s (BTC) promised financial breakthrough failing to materialize over the last few months have continued to garner steam, the price of the premier crypto asset recently surged…
Continue ReadingBitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as…
Continue ReadingRampant inflation is affecting Turkish residents’ confidence in the lira fiat currency. According to a Reuters report on August 14, locals are dumping lira and converting it to dollars and…
Continue ReadingThe Bitcoin (BTC) and gold one-month correlation reached a record high of 68% as Bitcoin hit $12,000 early in August, but the correlation crashed by 20% the following week. Despite…
Continue ReadingInvestor Jim Rogers, chairman of Rogers Holdings, recently warned in an interview that recent central bank bailouts will bring about the worst economic meltdown in his lifetime. Central banks globally…
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