Decoupling? Bitcoin vs. gold ratio snaps out of 3-year bear market
Bitcoin (BTC) may soon “decouple” from traditional assets, says statistician Willy Woo as a key gold relationship breaks out of a long-term downtrend. In a tweet on Sep. 25, Woo …
Bitcoin is a better gold than gold itself, Tyler Winklevoss says
According to Tyler Winklevoss, co-founder of the Gemini crypto exchange, Bitcoin beats gold at its own game. “Bitcoin is better at being gold than gold — and not just incrementally, …
Bloomberg: Correlation between Bitcoin and gold reaches its highest level in 10 years
In its latest crypto newsletter, Bloomberg said that according to its records, the correlation between Bitcoin (BTC) and gold is at its highest level since 2010: Bitcoin and gold correlation. …
Morgan Stanley exec says this demographic prefers Bitcoin over gold
According to a Morgan Stanley executive, the young and adventurous usually go for crypto, while older investors stick to more traditional assets. In a Sept. 8 interview with CNN anchor …
Schiff buys more Bitcoin: But there’s a twist
The vast majority of Twitter users trust 18-year-old Spencer Schiff’s investment advice over that of his father, Peter Schiff — a renowned gold bug and Bitcoin critic. “Against my advice …
Peter Schiff: ‘I was wrong about Bitcoin’
Gold bug Peter Schiff, who has often spoken out against Bitcoin, may be admitting that there’s at least some flaw in his predictions after acknowledging the coin did not “collapse” …
Buffett dumps Wells Fargo amplifying bull case for gold and Bitcoin
Warren Buffett and Berkshire Hathaway substantially cut their position on Wells Fargo, selling 100 million shares. The Oracle of Omaha is continuing to trim his position in bank stocks, buoying …
Bitcoin may sustain $10K as gold nears ‘inflection point’ vs. stocks
Huge gains in stock markets despite the dire economic consequences of coronavirus may soon be a thing of the past, one analyst warns. In a tweet on Sep. 4, Mike …
Bitcoin price, stocks and gold plunge in tandem — What’s next?
The price of Bitcoin (BTC), the S&P 500 index, and gold all fell simultaneously on Sept. 3. The sentiment around the markets remains cautiously negative after the drop. Two factors …
Bloomberg: Bitcoin could hit $500k or drop to zero
In September’s crypto outlook newsletter, Bloomberg’s analyst Mike McGlone observed that the price of Bitcoin (BTC) could either be heading to the $500,000 mark, or it could fail. McGlone has …