, , , ,

Bullish for Bitcoin? World Gold Council Report Shows 61% Trust Hard Money Over Fiat

A new report by the World Gold Council shows that there is global demand for harder forms of money than fiat currencies. Such demand points to a bright future for Bitcoin given that it represents an even harder form of money than the precious…
, , , ,

Gold, Not Bitcoin, is Making Most Out of Ongoing Economic Crisis

On Wednesday, US-based Grayscale Bitcoin Trust released an advertisement wherein a white-collar miner cheerfully extracts a gold rock from a cave and takes it down to his bosses on Wall Street to make a few bucks. Nevertheless, he is told that…
, , , , , ,

Bitcoin Fixes This: Fake Gold Bars Could Turn Investors Toward Digital Counterpart

Bitcoin has been dubbed digital gold because the cryptocurrency shares many similar attributes with the precious metal. However, a recent situation involving a forgery crisis in the gold industry shows how one important aspect of Bitcoin gives…
, , , , ,

Bitcoin, Gold Dives in Tandem as China Posts Poor Economic Data

Perceived safe-haven assets Bitcoin and Gold were trending downwards on Friday as investors processed the emotional aftermath of China’s weak economic data. Bitcoin extends bearish bias after breaking crucial support of $8,000 | Image…
, , , , ,

Gold Fractal Predicted Bitcoin Distribution, Up Next Is Two Years of Sideways

Throughout much of 2019, Bitcoin’s store of value narrative took a back seat to a new narrative developing around looming economic recession and the asset’s scarcity making it a safe haven asset much like gold. Bitcoin has had many comparisons…
, , , , ,

Gold Beats Bitcoin as Trump Faces Impeachment Probe

Gold outperformed Bitcoin on Wednesday as an impeachment inquiry into US President Donald Trump triggered demand for safe-haven assets. The yellow metal came near its three-week peak, with its spot trading at $1,530.29 per ounce as of 10:00…
, , , , ,

Bitcoin Mum despite Saudi Attack Raising Demand for Haven Assets

Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East. The spot bitcoin rate slipped 0.03 percent to $10,301.78 on…
, , , , , ,

Monthly Bitcoin Lows Demonstrate How Strong The Next Bull Market Will Be

From the moment 2019 began, Bitcoin has been on a steady rise upward. And while it began as a slow trickle, the crypto asset soon after starting moving like a rocket. Eventually, that rocket ship took a pit stop to refuel and has been consolidating…
, , , , ,

Bitcoin Bickering Continues as Crypto Critics Duke it Out Online

One of the current negatives in the crypto industry is the tribalism and Bitcoin bickering between rival clans online. While healthy discussion on the pros and cons of virtual money should be encouraged, it often deteriorates into digital mudslinging…
, , , , , ,

Safe Haven? Bitcoin Price Falls Below $11,000 Alongside Gold Bull Rejection

Bitcoin price has been rallying throughout 2019, and most believe that the crypto asset is about to embark on its greatest bull run yet. As global economic tensions and uncertainty rise, so does the price of gold and its digital counterpart…