Tag: Gold
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Bitcoin Could Triple Market Cap by Luring Investors from Gold
Financial experts often compare Bitcoin to gold. Both assets are scarce, valuable, and preserve some of their value over time. VanEck’s Gabor Gurbacs, however, is…
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Bitcoin is Akin to Gold but Also Different
Using Bitcoin as a traditional currency is not straightforward. The world’s leading cryptocurrency doesn’t have the traction of other popular payment methods. Its current market…
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Bitcoin is No Substitute to Replace Gold, Says World Gold Council
Bitcoin is ‘too volatile’ to replace gold, according to the World Gold Council. Even though there have been claims from some that bitcoin will eventually…
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Why Goldman Sachs CEO is Open Minded Towards Bitcoin
In an interview with CNBC’s Kayla Tausche, Goldman Sachs CEO Lloyd Blankfein stated that he is keeping an open mind towards bitcoin and the new…
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Cryptocurrencies Overshadow Bullion as the go-to Risk Mitigation Investment
For as long as most people can remember, gold has been one of the safe haven assets. That is no longer the case, as demand…
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Bullish Investors Push Bitcoin’s Value Beyond Gold Price
Mainstream media outlets are scrambling to get articles out regarding the recent all-time high bitcoin price. Even though the market is currently dealing with a…
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Gold Market Sees Highest Capital Outflows in Three Years
Things are not looking all that great for people who invested a lot of money in gold throughout 2016. It turns out a lot of…
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Bitcoin And Gold Near Parity Despite Bullish Trends For Both Assets
Ever since Bitcoin smashed through the US$1,000 barrier, people have been wondering if its value can surpass gold. To be more precise, if one Bitcoin…
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Can Bitcoin’s Price Surpass The Value of One Gold Ounce?
With the recent bitcoin price surge, cryptocurrency speculators are making some very bold claims. If his price growth continues for the foreseeable future, which is…
