Bloomberg: Correlation between Bitcoin and gold reaches its highest level in 10 years
But that may not mean what you think it means. Go to Source Powered by WPeMatico
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Morgan Stanley exec says this demographic prefers Bitcoin over gold
“Millennials are buying more of the Bitcoins and the cryptocurrencies,” says Ruchir Sharma. Go to Source Powered by WPeMatico
Schiff buys more Bitcoin: But there’s a twist
It all goes horribly wrong for Peter Schiff, as Twitter rejects his advice in favor of his college freshman son’s wisdom. Go to Source Powered by WPeMatico
Peter Schiff: ‘I was wrong about Bitcoin’
The gold bug still thinks Bitcoin’s drop to $10K indicates a bear market. Go to Source Powered by WPeMatico
Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin
Warren Buffett and Berkshire Hathaway cut their position on Wells Fargo as the bet on Barrick Gold and rising inflation fuel the bull case for Bitcoin as well. Go to Source Powered by WPeMatico
Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks
Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says. Go to Source Powered by WPeMatico
Bitcoin price, stocks and gold plunge in tandem — What’s next?
Bitcoin, gold, and the S&P 500 all sharply dropped today, causing traders to fear BTC is on the verge of a trend reversal. Go to Source Powered by WPeMatico
Bloomberg: Bitcoin could hit $500k or drop to zero
Limited supply and increasing demand are pushing Bitcoin into becoming digital gold. Go to Source Powered by WPeMatico
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public health emergency powers to stop landlords … Read more
Microstrategy’s $250 Million Bitcoin Buy Consequential
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for the company’s investors. The … Read more