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JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K
By Kevin Helms
JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors. The investment bank has also revised its bitcoin price target to $130,000. Increased Institutional Adoption, New Price Prediction for Bitcoin JPMorgan…
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2% Inflation Is a Myth- 2021 Statistics Show Prices of Goods and Services Have Surged
By Jamie Redman
Members of the U.S. Federal Reserve and fellow bureaucrats have said that they are not worried about inflation levels and some officials have even encouraged a general increase in prices for goods and services. Despite the alleged statistics that say…
Texas Governor Wants State to Lead in Crypto Adoption as it Did With Gold
By Adrian Klent
With the recent Crypto law proposal, Texas emulates Wyoming with regards to Crypto Assets legislation in the hope of catching up on the trend, but experts detect a flaw in the Texas bill. Sometime mid-March Nathaniel “Tan” Parker—Texas businessman and…
Technical Signal Suggests Gold Is Ready For Revenge Against Bitcoin
The digital gold narrative and fears of hyperinflation looming as the economy weakens and more fiat money is printed, has driven Bitcoin to incredible heights and done so quickly. But considering the cryptocurrency’s history of frightening drawdowns, things could turn…
Bitcoin On Track To Outpace Gold’s Market Value, Mike Novogratz Says
By Brenda Ngari
Galaxy Digital founder and CEO Mike Novogratz recently expressed his usual bullish bitcoin views. Appearing on CNBC’s Squawk Box, the billionaire investor explained why he believes bitcoin is on course to reaching gold parity in terms of market capitalization and…
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BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’
By Jamie Redman
The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences…
Coffee And Crypto: Newsletter Morning Brew Boots Gold For Bitcoin
As part of the continued demonization of gold at the hands of Bitcoin, the precious metal that was once the hard money standard has received the boot from popular daily email newsletter Morning Brew. Due to the rising popularity of…
Bitcoin on ‘inevitable path’ to reach gold’s market cap – Mike Novogratz
By Sam Bourgi
Galaxy Digital’s billionaire CEO told CNBC he’s shocked at the speed of cryptocurrency adoption. Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) is on track to meet or exceed gold’s market capitalization amid a rapid wave of retail and institutional…
Bitcoin Eyes $60,000-Breakout Ahead of Biden Spending Announcement
By Yashu Gola
Bitcoin held gains, bond yields rose, and gold slipped ahead of President Biden’s next big spending push that could total anywhere between $2 trillion and $4 trillion. The BTC/USD exchange rate approached $60,000 in an early morning rally in Asia,…