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Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
12.8.2020
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)...
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
7.8.2020
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. A founder and CEO at Global Macro Investor (GMI)...
As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
31.7.2020
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior...
Bitcoin an Option, as Dennis Gartman Says He’s Exiting ‘Crowded’ Gold Market
31.7.2020
Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded.” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775. “Too many...
Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar
28.7.2020
Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows. Goldman Sachs’ Dollar and Gold...
$12B Advisory Group CEO: BTC is Safe Haven Asset Amid Political Tension
28.7.2020
Bitcoin has the ability to replace gold as a safe haven for investors as the world turns digital, says Nigel Green
South Korean Experts Say Crypto is a Poor Safe-Haven Asset
12.6.2020
A leading South Korean professor from the Hongik University does not believe cryptocurrencies are safe from market recession
EToro CEO Predicts Market Crash ‘Within 3 Weeks’ — Safe Haven Bitcoin?
10.6.2020
The largest cryptocurrency’s gradual “decoupling” from stocks may see a major test in the coming weeks, warns eToro’s Yoni Assia
Goldman Sachs to Host Conference Call on Crisis, Crypto, and Inflation
24.5.2020
Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation
Cryptocurrency and COVID-19: Bitcoin’s Path to a Safe Haven
21.5.2020
In the time of a global crisis caused by the coronavirus, Bitcoin has the potential to be the best option for a trusted financial instrument
Crypto Bank Pioneer Wants Greater Transparency Across the Industry
29.4.2020
The Wall Street veteran warns that the rise of stablecoins is distributing ‘IOUs’ throughout the digital asset sector
Bitcoin: Not a Safe Haven, but Maybe Something More
27.4.2020
Bitcoin and other cryptocurrencies could provide some of the best solutions to drive a new economy in the post-COVID-19 world
Coronavirus Has Put Bitcoin’s Safe Haven Narrative to the Test
24.4.2020
Bitcoin’s price crashed on March 12, which seemingly invalidated the safe haven hypothesis. But reality is far more complex than that
Bitcoin Can’t Be a Safe Haven and 100x Leverage Is the Reason Why
21.4.2020
Excessive leverage increases bitcoin's volatility and puts off mainstream capital from entering the market, says Vishal Shah
Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis
12.4.2020
Economist John Vaz believes economic mismanagement could lead to Bitcoin acting as a money commodity akin to cigarettes in prisons
Digital Assets Are More Recession-Proof Than You Might Think
6.4.2020
Like gift cards, digital tokens represent claims on future services. In a downturn, they may not lose value as readily as equities and debt
Looking for a Safe Haven Digital Asset? Try Gold
3.4.2020
Gold has traditionally been a safe place to invest during market turmoil. Now there's a new option: tokenized gold, says the CEO of Smart Valor, a European exchange
Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K
30.3.2020
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future...
Singapore Allows Crypto Companies to Operate Without a License for 6 Months
28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...
Is Bitcoin a Safe Haven? 80% BTC Price Recovery Boosts Investor Appeal
26.3.2020
Compared to major market indexes and gold, Bitcoin saw the best returns last week, suggesting investors are feeling confident that the asset is a safe haven against volatility