Mr. Tapiero, in his most recent tweets, expressed that the present stock market sentiment touched the level of 0, which is ‘Extreme Bearish’ (‘Buy’). Regarding market psychology, this means ‘Extreme…
Bitcoin backed with Gold is soaring high amidst the crisis!
There are a lot of things that one has to ensure before understanding the Bitcoin network. There are a lot of other things that one has to make sure before…
Gold-Backed Stablecoins In High Demand Amidst Ongoing Economic Crisis
Gold-supported stablecoins, for example, Paxos Gold (PAXG) and Tether Gold (XAUT) are sought after in the midst of the continuous economic crisis. As indicated by a report from CoinDesk, the…
Bitcoin Traders Now Want A Gold Option
Josh Rager, the Blockroots co-founder, made the announcement on Twitter – Now you can short Gold on the same platform you trade Bitcoin Perp swaps for GOLD/USD have been added…
Shark Investor Declares His Support for Bitcoin Over Gold
The investor sharks on ABC’s hit show “Shark Tank” for new businesses might be ruthless, however one of them has a soft spot for Bitcoin. A Shark investor, Robert Herjavec,…
Bitcoin Is Safer Than Other Asset Classes As Long-Term Investment
One of the fronts Bitcoin is engaging with is demonstrating that, as an asset it is beneficial and fruitful one to invest in. The contention is the digital currency is…
Did The Chairman Of The US Federal Reserve Just Compare Bitcoins To Gold?
The popularity of cryptocurrencies, especially that of bitcoin has grown by leaps and bounds, these last few years. Though it can’t be said that Bitcoin has finally succeeded due to…
Grayscale CEO Says Bitcoin Does Everything That Gold Used to Do
Barry Silbert, the founder of Grayscale Investments in his recent interview with Fox Business has said that Bitcoin is doing everything that Gold used to do. Bitcoin proponents have often…
Why Digital Gold Is Better Than Physical Gold: A Political Example
The Bank of England has reportedly refused to hand over Venezuela’s gold reserves of over USD 550 million amid growing concerns that the country’s politician and president of the United…
Bitcoin will not steal Gold’s Shine: Morningstar Equity Analyst
Because of the potential as a long-term asset Bitcoin is often considered as digital gold. However, crypto pessimists always argue about the legitimacy of Bitcoin and other digital assets. Recently…