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Bitcoin News
Bitcoin Falls Again, but Is Still Likely to Experience Price Surges
At press time, bitcoin – the granddaddy of all crypto – is trading for just over $10,500. This is about $400 less than where it stood yesterday and nearly $1,000...
Tag: Gold
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Bitcoin NewsTom Lee: Bitcoin Is a Solid Weapon Against the Trade War
Fundstrat analyst Tom Lee says that bitcoin is moving up nicely again because people are afraid of global financial risk. Tom Lee: Bitcoin Is Strong Against Economic Downturns In the...
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Bitcoin NewsAnthony Pompliano: Bitcoin Is Superior to Gold
At press time, bitcoin has spiked beyond the $11,000 mark and is trading for roughly $11,725. A few hundred dollars more and we’ll be at $12,000, which is where many...
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Bitcoin NewsBitcoin Might Replace Gold: Nick Szabo
According to popular cryptographer Nick Szabo, Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves. The industry expert also thinks that countries with troubled economies...
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Altcoin NewsJP Morgan Using Ethereum-Powered Blockchain for Tokenizing Gold
One of the largest banks in the world, JP Morgan, is using an Ethereum-based blockchain, Quorum, to tokenize assets like gold. Quoram Enterprise Blockchain JP Morgan, the New York-based investment bank,...
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Bitcoin NewsBitcoin Trading Outperforms Stocks Despite Range-Bound Momentum
Investing in 2018 has become somewhat of a troublesome venture. It is difficult to find any market that has performed quite well for an extended period of time. However, analysts...
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Bitcoin NewsBitcoin ‘Does Not and Will Not Challenge Gold’ Says Morningstar Investment Analyst
While many in the industry believe that Bitcoin will surpass gold in terms of investment and popularity, an analyst at Morningstar is not so sure. When Bitcoin was riding that...
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Altcoin NewsPegging Cryptocurrencies to Gold Will Reduce Volatility, Kinesis CEO Claims
Cryptocurrencies are notoriously volatile. Their values fluctuate on a nearly daily basis, either for better or worse. Solving this problem will be challenging. According to Kinesis CEO Thomas Coughlin, pegging...
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Bitcoin MiningBitcoin Mining Uses a Lot of Energy, But Gold Mining Uses 20x More
The production of Bitcoin through mining is an energy-intensive process – a fact which many critics are quick to point out. Compared to mining gold, however, which consumes more than...