Tag Archives: Gold

It’s always good to see bitcoin gain a new fan, and that’s what seems to be happening with JPMorgan, which at one time, was run by a man who didn’t care for the cryptocurrency. In a recent press release, the company explained why bitcoin was a better alternative currency than gold and why it was more prepared to compete in the financial world.JPMorgan Thinks Highly of BTCJPMorgan is under the control of a man named Jamie Dimon, who in the past, has said some rather derogatory things about...

The Winklevoss Twins – the head executives of the Gemini Exchange in New York – believe that the price of bitcoin could potentially reach $500K in the coming future.The Winklevoss Twins Are Pushing BTC All Over AgainWhile they didn’t give a date regarding when people can expect the world’s number one cryptocurrency by market cap to reach this figure, they did say that with the current state of the dollar and with gold on such a meteoric rise in recent weeks, bitcoin is looking better than...

Everyone is so worried about inflation as of late that we’re starting to resort to the old ways of keeping cash stuck between a mattress, only this time, it’s not cash that has been the object of everyone’s affection. Rather, everyone is looking to stock up on bitcoin and gold as much as they can.Gold and Bitcoin Are Getting AheadRichard Hodges of London says that he’s been preparing for moments like these for many years. He bought his first physical bar of gold in the year 2009 and has been...

There’s just no pleasing some people. Despite how well bitcoin is doing as of late – the currency just swung past the $12,000 mark – Warren Buffett, the CEO of Berkshire Hathaway, is still turning his back on the world’s number one digital currency by market cap and investing in gold.Warren Buffett Invests in Gold Mining FirmNot that there’s really anything wrong with this. After all, the asset has been doing quite well as of late. It’s trading for a high of nearly $2,000 per ounce at press...

Mike Novogratz has always been a huge bitcoin fan, but while he remains confident in the cryptocurrency, he is telling people not to go crazy.Mike Novogratz: Bitcoin Is a Safe BetAt press time, bitcoin is trading for well above $11,800. The currency has been on a roll these past few weeks and has surged by more than $2,000 from where it was in late July. However, the asset is still failing to reach $12K despite many separate attempts, and the resistance level at $12K is still proving too much...

The Winklevoss Twins are back in the news. This time, they’re explaining bitcoin and the concept of cryptocurrency to online day trader Dave Portnoy, who founded Barstool Sports and “literally has no idea what bitcoin is.”The Winklevoss Twins Know What to SayThese are the words he said to his cameraman prior to an interview with the Twins. He later asked the man behind the machine, “Do you?” to see if anybody else shared his lack of knowledge on the world’s number one digital currency by...

Recently, bitcoin took a nasty dive of approximately $600 despite being on the verge of crossing the $12K threshold.Bitcoin Dives, and Gold Does the SameAs late as Monday, the world’s number one digital currency by market cap was trading for over $11,900, meaning it was just a few dollars away from breaking present resistance and moving even further up the financial ladder. Sadly, this wasn’t meant to be as the asset ultimately drove itself back to the $11,300 mark just 24 hours later.Bitcoin...

August 6 saw Los Angeles-based Bitcoin IRA offering a seminar that showed viewers how they could uncover the price patterns of both bitcoin and gold.Bitcoin IRA Brings Gold and BTC TogetherThis is likely the stuff of intrigue for many crypto advocates throughout the world right about now considering both bitcoin and gold appear to be shifting into bullish territory at the same time. One could almost make the argument that the two are more correlated now than bitcoin and the stock...

After weeks of reaching new highs, both bitcoin and gold have drawn back a little bit after news has emerged that the United States is doing better in the jobs department than originally anticipated.Bitcoin Takes a Few Steps BackSometimes, it’s necessary to give something up to garner a positive outcome of some kind, and in the case of people’s livelihoods and financial stability, what could be more important? With so many people out of work as of late due to the growing coronavirus pandemic,...

Anthony Pompliano of Morgan Creek Capital fame has always been a big bitcoin guy, and now he’s taking his predictions even further. He’s sticking to his guns when it comes to bitcoin reaching $100,000 by the end of 2021, though now he’s stating that the currency will potentially shoot up to a whopping $450K after that, and the bitcoin market cap will be comparable with that of gold and hit the trillions.Anthony Pompliano: BTC Is Going to Shoot Up, Up, UpPompliano is confident in bitcoin’s...