Gold price rises on short covering, bargain hunting, crypto rumours
Editor’s Note: With so much market volatility, stay tuned for daily news! Get caught up in minutes with our quick summary of today’s must-read news and...
Tagged: gold
Is gold the first metal to bottom? And is the Bitcoin price low enough to outperform traditional risk assets? Bloomberg Intelligence weighs in
(Kitco News) Gold has solid support between $1,600-$1,700 per ounce and could be the first metal to bottom. And Bitcoin is now low enough to start...
Weekly Waves: EURUSD, Bitcoin and Gold
EURUSD made a strong bullish bounce at the 61.8% Fibonacci retracement level, which could take the price up to the -27.2% target near 1.025. Bitcoin (BTCUSD)...
Bitcoin Price Correlated With Financial Markets – Bitcoin Magazine
This is an opinion piece by Mike Ermolaev, head of PR and content at Kikimora Labs. Setting The Context: Global Economy Fundamentals The economy is still...
‘I Overestimated’—Coinbase CEO Admits He Made a Big Mistake After $2 Trillion Bitcoin, Ethereum and Crypto Price Crash
BitcoinBTC ethereum and other major cryptocurrencies have suffered an almighty crash this year with around $2 trillion wiped from the crypto market in just 12 months...
What returns show and what experts say
Around this time last year, a comparison arose between Bitcoin and gold, with returns from the former beating those from the yellow metal for a few...
These are 3 reasons why crypto beats gold: Ethereum co-founder Vitalik Buterin
(Kitco News) As digital assets continue to struggle through the crypto winter following a massive selloff across the crypto space, Ethereum co-founder Vitalik Buterin said crypto...
Bitcoin’s proponents promise a future that it cannot deliver
In the aftermath of World War II, Germany was in desperate shape. To say that words do not do justice to the country’s broken state is...
Bitcoin’s Correlation With Gold Is Rising, And Here’s What That Means – Bank of America
(Kitco News) As Bitcoin clings to support above the $19,000 level, the world’s largest cryptocurrency is increasing its correlation with gold, Bank of America (BofA) said....
bitcoin: Gold vs Bitcoin: Which asset has the upper hand on the other side for the last five Diwali
Historically, Diwali has been an auspicious occasion for happiness, joy, light and prosperity. The same has also been an event for large purchases, gifts and sweets....