Blockchain Spreads Its Vines to Root Out Counterfeit Wines and Spirits
When it comes to counterfeiting booze, wine is an easy target. Fortunately, blockchain makes a particularly good pairing with the wine market. Go to Source Powered by WPeMatico
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Peter Schiff’s Bitcoin Hack Comment Invites Ridicule
Euro Pacific Capital CEO, Peter Schiff’s comment suggesting Bitcoin might be the next target following a hack of multiple VIP Twitter accounts has been ridiculed by bitcoiners. Seemingly relishing the prospect of a bitcoin hack, Schiff a gold bug and a well-known bitcoin critic, signs off his Twitter post by urging his followers to stick … Read more
Abra CEO Agrees With Bitcoin’s Role as Digital Gold
Abra CEO and founder Bill Barhydt said he sees Bitcoin as a store of value, increasingly distancing itself from mainstream market price correlation. Go to Source Powered by WPeMatico
Gold Bug Peter Schiff: ‘Is the Twitter Hack a Harbinger for Bitcoin?’
Pavel Luptak — co-founder of Czech cryptocurrency community hub Parallel Polis — says Schiff’s suggestion has no foundations in reality. Go to Source Powered by WPeMatico
Gold Bug Peter Schiff Learns Bitcoin Holders Won’t Sell at Any Price
Almost 60% of 13,000 people say they will “hodl” Bitcoin to the grave if the BTC price fails to trade above $10,000. Go to Source Powered by WPeMatico
Rich Dad Poor Dad Author: ‘Gold Guys are Being Phased Out’
Best-selling author Robert Kiyosaki says he still invests in gold, silver, and Bitcoin because he doesn’t trust the US government. Go to Source Powered by WPeMatico
Christophe Cieters: Monopoly Money
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were defined by their metal content. … Read more
Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility. Go to Source Powered by WPeMatico
Bitcoin Bull Mike Novogratz Says to Hold More Gold Than Bitcoin
The billionaire investor Michael Novogratz recently detailed in an interview that he thinks global investors should hold more gold in their portfolios and own less bitcoin. Novogratz’s statements follow his recent advice last month when he said investors should “watch gold and bitcoin.” Michael Novogratz is a well known investor and was a hedge fund … Read more
US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing Confidence in US Dollar Investors are increasingly viewing the U.S. dollar … Read more
