Bitcoin Hits $30K and Records All-Time High Price against Gold
While Bitcoin has enjoyed a high level of acceptance both from investors as well as recognition from the mainstream media, many gold proponents believe its meteoric rise is a bubble.
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Electronic Securities on Blockchain Technology Now Legal in Germany
The announcement reveals that the regulations are created to be “technology-neutral” in case of future technological developments.
Paul Tudor: Bitcoin Is Undervalued in Comparison to Gold and Equities
Paul Tudor said that in the next 20 years, digital currencies will be similar to the “complex metals” of today. Here Bitcoin will be the “precious crypto” assuming the role of Gold and other transactional cryptocurrencies will be industrial metals like aluminum and copper.
Peter Schiff Ratifies BTC and Gold Future Success against Depreciating US Dollar
Both Bitcoin and Gold market value has significantly increased during the pandemic.
Raoul Pal to Liquidate His Gold to Invest in Bitcoin and Ethereum
By John K. Kumi
According to reports, 98% of Raoul Pal’s liquidated net worth would be invested in Bitcoin and Ethereum in the ratio 80:20.
Citibank Expects Bitcoin (BTC) Price to Cross $300K by December 2021
Citibank executive noted that Bitcoin is going through a similar period to that of Gold in the 1970s and expects a potential breakout next year.
Billionaire Investor Ray Dalio Bets on CBDCs and Gold, Criticizes Bitcoin
Dalio says that Bitcoin’s volatile nature leaves it with fewer use cases as a medium of exchange. He added that he would prefer Gold over Bitcoin.
Self-Made Billionaire Stanley Druckenmiller Says He Owns Bitcoin
Stanley Druckenmiller is betting on Bitcoin against the dollar that has been depreciating in value ever since the coronavirus outbreak.
JPMorgan Report Shows Bitcoin (BTC) More Preferred Asset Over Gold
The banking giant said that Bitcoin is smartly consolidating its strength against the yellow metal and emerging as a potential alternative.
US and Asia-Pacific Stocks Soar after Biden’s Election Victory
By Daria Rud
Most traders hope that Biden will reduce international conflicts and push for peace. Therefore, their reaction to the election results was positive.
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