228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of the U.S. monetary supply was created […]
Bitcoin will become more stable and liquid when regulatory certainty is in place, Bridgewater’s director of investment research argued.
The price of gold has also been stagnating, but this isn’t necessarily bad for “digital gold” Bitcoin.
On February 22, 2021, an author published a post on substack.com about an anonymous Twitter account that may have belonged to the mysterious Satoshi Nakamoto. The researcher discovered a Twitter account dubbed ‘Goldlover,’ and found some interesting coincidences with the account’s tweets and Bitcoin’s creator. The Curious Goldlover Tweets An author called Varun published an […]
On February 21, bitcoin touched a lifetime price high at $57,844 per unit after the crypto asset’s market valuation crossed the $1 trillion zone for the first time in history the day prior. Meanwhile, a number of digital assets have seen fiat values increase as coins like litecoin, ethereum, and others gather gains against the […]
While Musk said Schiff “might as well” have crypto in lieu of gold deposit statements, he did warn that digital currency valuations may be running hot
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use to measure today’s salaries. Pal wholeheartedly believes that bitcoin […]
Gundlach has previously said, “I don’t believe in bitcoin.”
One analyst says Bitcoin is “eating” the precious metal as gold bugs scramble to find support amid repeated new all-time highs.
“While a temporary move up to $100K is possible, a permanent move down to zero is inevitable,” Schiff said on Twitter.