Peter Schiff Anticipates Bitcoin Plunge as Gold Reaches New Heights
Economist Peter Schiff foresees a potential crash for Bitcoin as gold prices exceed $4,000.
Recent in
Economist Peter Schiff foresees a potential crash for Bitcoin as gold prices exceed $4,000.
Bitcoin's rising correlation with gold could indicate substantial gains for the cryptocurrency in November.
In light of Buffett's recent pivot towards gold, Kiyosaki argues Bitcoin remains the only reliable hedge against economic uncertainty.
As the Federal Reserve gears up for its rate decision on September 17, traders are bracing for potential short-term fluctuations, but they expect a boost for risk assets like Bitcoin and gold in the long run.
Federal budget shortfall reaches $345 billion in August as gold prices near $3,670 and Bitcoin surpasses $115,000 amidst rising spending.
Bitcoin's relationship with gold is evolving, with signs suggesting the digital asset narrative is becoming more established amidst recent market activity.
Bitcoin experienced a decline, while gold pulled back from its record high following the news of substantial job revisions in the U.S.
A surge in smaller tokens as major cryptocurrencies bounce back, with gold hitting unprecedented heights.
Paolo Ardoino, the CEO of Tether, states that the company has not sold any Bitcoin, countering recent suggestions.
Tether, the company behind the USDT stablecoin, is exploring investments in the gold mining sector, viewing the metal as a valuable addition to its portfolio.
Gold's impressive 33% increase solidifies its status as a key asset, with Bitcoin's trajectory suggesting an important shift is on the horizon.
The World Gold Council is exploring the creation of a digital form of gold as it prepares to test with major players in London's gold market.
An overview of the crypto market as Bitcoin stays steady while gold continues to rise ahead of the crucial U.S. jobs report.
The collaboration enables U.S. retirement investors to utilize gold assets in decentralized finance while retaining their tax benefits.
A weaker U.S. labor market bolsters the argument for easing monetary policy, prompting investors to seek haven in tangible assets.
The market for tokenized gold has reached new heights, led by the strong performance of Tether's XAUT and Paxos' PAXG, as the actual gold price nears its peak from April.
Gold prices have reached their peak since April and could influence Bitcoin's performance.
Bitwise’s André Dragosch suggests that gold remains a strong hedge against stock market declines, while Bitcoin shows resilience amid bond market pressures, prompting a discussion on their respective roles in investment portfolios for 2025.
Gold's steady ascent continues as it nears $3,500, while Bitcoin remains under significant pressure.
JPMorgan's findings indicate that Bitcoin's drop in volatility has positioned it as undervalued against gold.
Every week we share the most relevant news in tech, culture, and entertainment. Join our community.
Your privacy is important to us. We promise not to send you spam!