Peter Schiff Claims Grayscale Will Sell BTC to Fund DCG’s Acquisition of GBTC Shares Rebuffed

Gold bug and bitcoin opponent, Peter Schiff has alleged that the Digital Currency Group (DCG)’s plan to acquire GBTC shares worth $250 million could be an indication that Grayscale Investment will be reducing the value of its AUM. In addition, Schiff claims in his tweet that “Grayscale will be selling bitcoin to help raise the […]

100% in Bitcoin: Gold Bug Peter Schiff’s Son Goes All-in on BTC

100% in Bitcoin: Gold Bug Peter Schiff's Son Goes All-in on BTCGold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned money. Peter Schiff’s Son Has Gone Full Bitcoin Euro Pacific […]

‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway

‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances UnderwayThe U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the […]

Mark Cuban Argues Bitcoin Is Better Than Gold, Telling Peter Schiff ‘Gold Is Dead, Move on’

Mark Cuban Argues Bitcoin Is Better Than Gold, Telling Peter Schiff: 'Gold Is Dead, Move on'Billionaire investor and Shark Tank star Mark Cuban, once a bitcoin skeptic who preferred bananas to the cryptocurrency, now sees utility in bitcoin. He has made a case that bitcoin is better than gold, telling gold bug Peter Schiff to “move on” because “gold is dead.” Mark Cuban Says Gold Is Dead, Peter Schiff Should […]

Peter Schiff Admits Bitcoin Could Reach $100K After BTC Price Soars Past His Expectations

Peter Schiff Admits Bitcoin Could Reach $100K After BTC Price Soars Past His ExpectationsGold bug Peter Schiff has revised his bitcoin prediction after the price of the cryptocurrency exceeded his expectations, reaching an all-time high above the $50K level. He now says, “I must admit that a move up to $100,000 can’t be ruled out.” Nonetheless, the long-term bitcoin skeptic warns that the price can also drop to […]

Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla’s BTC Acquisition

After previously claiming that Elon Musk was too smart to buy bitcoin, Euro Pacific Capital CEO Peter Schiff is reacting angrily to reports that Tesla has acquired the cryptocurrency. In a series of tweets on February 8, Schiff now claims that Musk has no interest in bitcoin’s store of value credentials but is only interested […]