Gold Price Movement Analysis for 16th April, 2021
The gold price (XAU/USD) rose 1.78 percent on the day as bond yields fell in response to mixed US results. The yellow metal's rebound was...
The CEO of Goldman Sachs maps Bitcoin’s “inevitable course” towards Gold.
It's been two weeks since Morgan Stanley revealed that Bitcoin would be added as a qualifying investment to a number of institutional funds. Since then,...
Why Jerome Powell, US Federal Reserve Chairman says Bitcoin is a better replacement for gold than the dollar
Jerome Powell, the chairman of the United States Federal Reserve, recently made a positive remark about Bitcoin, which seemed to have influenced the asset's price....
Why hedge fund founder Anthony Scaramucci says Bitcoin is ‘better than gold’ if you research it
Getting to know Bitcoin exposes its advantages over gold as a store of cash, according to SkyBridge Capital's Anthony Scaramucci. According to hedge fund founder...
Good reasons Bitcoin cannot be compared with gold
Macro movements have played an important part over the past few weeks. With U.S. Treasury Bonds facing an increase in yields, any assets in the...
Data from this analyst indicates escalating speed of Bitcoin replacing Gold
Commodity Strategist Mike McGlone recently posted on Twitter that his evidence points to an accelerated speed of bitcoin replacing gold "as a store of value...
Berkshire Hathaway’s Charlie Munger on why BTC is artificial substitute for gold
Vice-Chairman of Berkshire Hathaway and billionaire investor Charlie Munger remains unimpressed with Bitcoin’s recent rally past $50,000. In a recent interview with the Daily Journal,...
Price of 1 Ethereum compared to 1 ounce of Gold, now more valuable
The price of 1 ounce of gold in USD is $1824, and the price of 1 Ethereum in USD is $1871. This assumes that if...
Bitcoin vs gold, why MicroStrategy says Investors want Bitcoin
Gold and Bitcoin proponents are likely to keep debating with each other as both gold enthusiasts and bitcoin maximalists adhere to their own school of...
Why is the comparison between Bitcoin and Gold irrational?
The comparison between Bitcoin and Gold is as mainstream as Bitcoin is. However, despite the decoupling of the two assets, the group of interested and...
Why Knowledgeable Gold Analysts think weak gold reason for Bitcoin surging
Gold's chances appear to diminish as bitcoin's shine. According to numerous analysts, one potential explanation for Bitcoin's extraordinary recent price increase is huge investment outflows...
Bitcoin overtakes gold as it hits all-time high
BTC has reached another landmark, this time against gold bullion, the oldest reserve currency in the world. Bitcoin's price claimed another all-time high on Friday,...
Chris Wood Reduces Pension Fund Gold for BTC
Chris Wood, an executive at Jeffries Financial Group, will cut some of the company’s gold position and buy Bitcoin. The billion-dollar investment firm is one...
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