Bitcoin holds strong even as a crash hits the Gold market
With Bitcoin still holding strong in position, the prices of Gold have dropped below $1,700 per ounce this morning. A sudden fall on August 9 brought gold prices below $1,700/oz, bringing it to its lowest level since March. During Asian trading hours on Monday, the price of the precious yellow metal fell to $1,690/oz, according […]
Ethereum Futures appear promising
Ethereum futures look promising, but the question still remains whether people are ‘merely talking than doing’? The Bitcoin vs. Gold debate has recently gained traction as a result of investors seeking safe-haven assets to diversify their portfolios. This is a major issue for some, especially given the overall rise in prices. Federal Reserve Chair Jerome […]
Ray Dalio, a billionaire, likes Bitcoin but prefers gold
Dalio believes that gold is a good inflation hedge, but he also has some Bitcoin in his portfolio. Ray Dalio Hedge fund manager says he’s still bullish on Bitcoin , but he has a stronger preference for gold than the cryptocurrency. Speaking to CNBC on August 4, the billionaire investor admitted to owning a “very […]
Gold is limited, Bitcoin is Amazing – Apple’s Co-founder
Steve Wozniak, an American electronics engineer and philanthropist also one of Apple’s inventors says he believes in the future of Bitcoin though he personally does not have an investment in it. In a recent presentation at the Talent Land Jalisco, Mexico, Stephen Wozniak, co-founder of the multinational computer giant Apple, expressed his support for digital […]
Bitcoin Is Apparently Mexico’s Third Richest Man’s Gold
Ricardo Salinas Pliego boosts his bet on Bitcoin (BTC) as gold and the US currency come under fire. Pliego, Mexico’s third-richest man , considers Bitcoin (BTC) to be the “new gold.” He revealed in a tweet on June 27 that he prefers Bitcoin to fiat currency or gold as an investment. Pliego emphasizes the advantages of […]