Bitcoin vs gold – DIGIT INFO

Blackrock’s Bitcoin ETF flips gold fund

DIGIT — Fri, 08 Nov 2024 18:05:25 +0000

Blackrock’s IBIT ETF now holds upwards of $33 billion in assets, more than the asset manager’s gold fund.

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STKD launches Bitcoin and gold ETF as ‘debasement trade’ gains traction

DIGIT — Wed, 16 Oct 2024 15:40:35 +0000

The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife.

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How high can BTC price go after Trump’s bullish Bitcoin speech?

DIGIT — Sun, 28 Jul 2024 16:06:35 +0000

A Bitcoin analyst predicts the cryptocurrency’s price could soar above $800,000 following Trump’s promise to integrate it into the US’s strategic reserves.

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Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC

DIGIT — Sat, 02 Mar 2024 01:05:05 +0000

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S. […]

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Bitcoin Supercycle May Be Happening, Says Commodity Strategist Mike McGlone

DIGIT — Thu, 23 Mar 2023 05:05:03 +0000

Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely to recover compared to commodities when the crypto “heads toward […]

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Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year

DIGIT — Sat, 28 Jan 2023 02:04:47 +0000

Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above gold, real estate, the S&P 500, and the Nasdaq 100. Bitcoin Outshines Other Investments on Goldman’s Chart Global investment bank Goldman Sachs has reportedly […]

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Mark Cuban: Bitcoin Is a Good Investment, Gold Investors Are Dumb

DIGIT — Mon, 26 Dec 2022 01:30:22 +0000

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says bitcoin is a good investment. The billionaire wants the price of the cryptocurrency to fall further so he can buy some more. Meanwhile, he insulted gold investors, calling them “dumb as f***.” Mark Cuban Prefers Bitcoin Over Gold Shark Tank […]

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Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value

DIGIT — Fri, 07 Jan 2022 01:30:31 +0000

Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoption grows. Goldman Sachs’ Bitcoin vs Gold Prediction Goldman Sachs analyst Zach Pandl, co-head of global foreign exchange strategy, outlined the future outlook for bitcoin […]

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Financial Adviser Warns Crypto Is ‘One of the Biggest Bubbles Ever’ — Says ‘It’s Going to Be Ugly’

DIGIT — Fri, 10 Dec 2021 00:30:24 +0000

The president of Payne Capital Management has warned that crypto is “one of the biggest bubbles ever.” Stressing that the crypto market is “becoming a bigger and bigger casino,” he predicts that the bubble will eventually burst and “It’s going to be ugly.” Crypto Is a Big Bubble Waiting to Burst, According to the Financial […]

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El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin

DIGIT — Mon, 06 Dec 2021 03:30:26 +0000

The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million […]

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