‘A flood of money and credit’ — Ray Dalio new Bitcoin praise echoes MicroStrategy
The billionaire warns about incoming asset inflation while recommending Bitcoin and gold as he continues warming to cryptocurrency. Go to Source Powered by WPeMatico
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Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush
On Monday, the U.S. bank Wells Fargo’s wholly-owned subsidiary and registered investment adviser the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The institute’s contributing author and Head of Global Asset Allocation Strategy, Tracie McMillion, compared crypto investing to the “early days of the 1850’s gold … Read more
‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes
The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s editor-in-chief says that bitcoin’s value “remains too volatile,” and he believes the supply cap of 21 million will someday “severely hinder its future … Read more
Record $15 Billion Worth of Cryptos Under Management After Institutional Investors Pump $429 Million in One Week
A new report says institutional investors pumped $429 million into cryptos and cryptocurrency funds in the week ending December 7. The figure, which is the second-highest on record, pushes to the total value of digital assets under management (AUM) to an all-time peak of $15 billion. The largest weekly inflow on record is $468 million … Read more
Gold bug says 2021 will be a big year for Bitcoin and Ethereum
He believes that rising adoption will drive Bitcoin higher next year, and that DeFi will have a similar effect on Ethereum. Go to Source Powered by WPeMatico
Ron Paul Advises Bitcoin Proponents to ‘Be Vigilant’ of Government ‘There’s Information Collected’
On December 5, the American author and retired politician, Ron Paul, joined the Stephan Livera Podcast episode 234 and discussed cryptocurrencies and bitcoin at great length. During the interview, the prominent libertarian said when bitcoin came out he was still in congress and he thought the most important thing to do at the time was … Read more
Bitcoin is the ‘wrong price for the possibilities it has,’ says Paul Tudor Jones
He says, “The path forward from here is north.” Go to Source Powered by WPeMatico
Bitcoin, gold to benefit as Peter Schiff predicts ‘worst year ever’ for US dollar
Multiple voices forecast a weaker dollar in the long term, starting now, in a prime boost for safe havens. Go to Source Powered by WPeMatico
Bitcoin adoption is the main key right now, Novogratz says
Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours. Go to Source Powered by WPeMatico
Grayscale dusts off their #dropgold campaign with fresh ad push
The ad is currently running online and on several major tv networks. Go to Source Powered by WPeMatico