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Category: gold vs bitcoin
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El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin
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Goldman Sachs: Gold Is Becoming Poor Man’s Crypto
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Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge
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Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’
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Skybridge Capital Says Bitcoin Still Has More Upside Than Gold
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Bitcoin vs Gold Debate: Frank Giustra Says BTC Not the Answer to All Problems, Crypto Proponents Exhibit Cult Behavior
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Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold’s Safe Haven Days Are Numbered
A great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian company converted all of their cash reserves into bitcoin. On Friday, Tahini’s tweeted about the recent crypto reserve conversion, as the team recalled telling the […]
The post Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold’s Safe Haven Days Are Numbered appeared first on Bitcoin News.
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Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. Oppenheimer Analyst on Bitcoin vs Gold Ari Wald, head of technical analysis at Oppenheimer, a major American investment bank […]
The post Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold appeared first on Bitcoin News.
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Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. This amount of gold “would be equivalent to 22% of China’s annual gold production […]
The post Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China appeared first on Bitcoin News.
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