Goldman Chief That Slammed Bitcoin Says Gold Has No Role For Clients
Months ago, Goldman Sachs made headlines across the Bitcoin community for saying cryptocurrencies are “not an asset class.” Now, the same Goldman exec that led the firm to...
How “Picture Perfect” Macro Uncertainty Will Keep Gold, Bitcoin Trending
This week, the United States Senate introduced another stimulus package that would add more than $1 trillion to the Fed’s already ballooning balance sheet. In response, gold...
There’s a Big Catch to This Week’s Bitcoin Pump – And It Involves the Dollar
Bitcoin price pumped this week to above $11,400 in an explosive 14% intraday move. However, the rally being so powerful may have more to do with the dollar’s weakness, and less...
Gold Sets Record High Ahead Of Second US Stimulus, Will Bitcoin Follow?
Today, the United States is expected to introduce the details of its latest economic stimulus package. Ahead of the expected record bout of money printing, hard assets like Bitcoin...
Bitcoin Analyst Warns of “Insane Shakeout” as Price Breaks Below $9.6K
Bitcoin rallied above $9,600 during the afternoon hours of the New York session Thursday. But it corrected lower on profit-taking sentiment among daytraders. Market analyst Ryan Scott...
Not a Bitcoin Breakout: Fractal Suggests Crypto At Risk of Plunging
Bitcoin climbed higher in the last 24 hours, breaking above the $9,500-mark for the first time in a month. The jump helped improve the cryptocurrency’s short-term bullish...
A 4-Month High Bitcoin-Gold Correlation Hints at a Bullish Market Sentiment
The correlation between Bitcoin and its traditional rival Gold reached a four-month high on July 22. At the same time, the cryptocurrency’s correlation with the S&P 500 index...
Gold Is Booming — and That Means Bitcoin Could Soon Break $10,000
While markets like Bitcoin and the S&P 500 have flatlined over recent weeks, gold has rocketed higher. As can be seen in the chart below, the precious metal has exhibited strength...
Gold Spikes While Dow Drops 500 Points Following Fed Meeting; How Will Bitcoin Respond?
After yesterday’s Federal Reserve meeting, markets have gone haywire once again, restarting the insane volatility first triggered following Black Thursday. Moments after the dust...
Gold Chart Shows Why Bitcoin Is The Fastest Horse In Race Against Inflation
Hyperinflation is coming as a result of the Federal Reserve’s money printer working overtime since the start of the pandemic. Investors have been increasingly looking towards...
US Riots Spark Gold Rush, But Bitcoin Is The Better Safe Haven
Riots breaking out across the United States over the last several days have caused uncertainty to return to financial markets. Stock futures this weekend plummeted, while investors...
Buy Bitcoin if S&P 500 Corrects Lower, Fund Manager Suggests
Investors should consider buying Bitcoin if the S&P 500 breaks lower, according to Victor Dergunov, co-founder of Albright Investment Group. The cryptocurrency’s upside...