The prediction of a $35 trillion collapse of the U.S. dollar has intensified discussions around Bitcoin as a viable alternative investment, potentially rivaling gold. Recent economic indicators, including inflation and…
In the wake of FTX's collapse, investors are looking for dependable assets and many are turning to gold-backed crypto tokens, which seem to be making news by outperforming other tokens…
With the surge of Bitcoin’s price, its market capitalization has also grown considerably. Right now, at a price of around US$35,000 / BTC, Bitcoin’s market cap eats away at 6%…
According to Bloomberg, analysts at JPMorgan Chase & Co. predict that gold “will suffer for years because of Bitcoin”, as investors pull their funds out of the world-recognised safe-haven asset…
7 November 2018; Ray Dalio, Founder, Co-Chief Investment Officer & Co-Chairman, Bridgewater Associates on the Forum Stage during day two of Web Summit 2018 at the Altice Arena in Lisbon,…
The year’s severe economic turbulence has shed light on safe haven, alternative assets, assets which investors turn to so protect and sustain their wealth even when havoc is being wrought…
Bitcoin has been drawing plenty of supporters from Wall Street this year as big players gradually made the shift towards the world’s largest cryptocurrency. From Paul Tudor Jones, MicroStrategy and…
Bitcoin vigorously broke through $12K for the first time since August. The weakening of the dollar along with the stagnant Altcoins market pushed liquidity into the world’s bellwether cryptocurrency.
Bitcoin (BTC)…
The strengthening US Dollar has revealed both a direct effect and an inverse correlation with assets gold and Bitcoin. The Dollar Index (DXY) rose to 94.37 points, a 2.86% increase…
Airplane crash at sea sunset
The cryptocurrency market saw red across the board last night and gold dropped below $2,000 once again as the US dollar bounced back from its two-year…