Tag: Gold

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Bitcoin Could Triple Market Cap by Luring Investors from Gold

Financial experts often compare Bitcoin to gold. Both assets are scarce, valuable, and preserve some of their value over time. VanEck's Gabor Gurbacs, however,...

Bitcoin is Akin to Gold but Also Different

Using Bitcoin as a traditional currency is not straightforward. The world's leading cryptocurrency doesn't have the traction of other popular payment methods. Its current...

Bitcoin is No Substitute to Replace Gold, Says World Gold Council

Bitcoin is 'too volatile' to replace gold, according to the World Gold Council. Even though there have been claims from some that bitcoin will eventually...

Why Goldman Sachs CEO is Open Minded Towards Bitcoin

In an interview with CNBC's Kayla Tausche, Goldman Sachs CEO Lloyd Blankfein stated that he is keeping an open mind towards bitcoin and the...

Cryptocurrencies Overshadow Bullion as the go-to Risk Mitigation Investment

For as long as most people can remember, gold has been one of the safe haven assets. That is no longer the case, as...

Bullish Investors Push Bitcoin’s Value Beyond Gold Price

Mainstream media outlets are scrambling to get articles out regarding the recent all-time high bitcoin price. Even though the market is currently dealing with...

Gold Market Sees Highest Capital Outflows in Three Years

Things are not looking all that great for people who invested a lot of money in gold throughout 2016. It turns out a lot...

Bitcoin And Gold Near Parity Despite Bullish Trends For Both Assets

Ever since Bitcoin smashed through the US$1,000 barrier, people have been wondering if its value can surpass gold. To be more precise, if one...

Can Bitcoin’s Price Surpass The Value of One Gold Ounce?

With the recent bitcoin price surge, cryptocurrency speculators are making some very bold claims. If his price growth continues for the foreseeable future, which...

Has Bitcoin Overtaken Gold As The Top Valuable Asset?

Depending on whom you pose the question to, Bitcoin is becoming the new haven asset. While it remains to be seen if cryptocurrency can...

Financial Experts Got The Gold Price Surge Wrong, Still Advise People To Stay Away From Bitcoin

Financial experts predicted a surge in gold value if Donald Trump won the 2016 Presidential elections. Fast forward to today, a few weeks after...

Indian Bank ATMs Run Out of Cash Amid Illegal Rupee Controversy

People who have been paying close attention to the financial situation in India may have seen dark clouds forming overhead. Ever since the 500...