central banks

Bitcoin Policy Institute Lays Out Six Reasons for Central Banks To Adopt BTC As Reserve Asset

October 28, 2024 The Daily Hodl

Bitcoin

A Bitcoin-focused nonprofit organization is outlining several reasons why central banks should adopt BTC as a reserve asset. In a new paper, the Bitcoin Policy Institute (BPI) says Bitcoin is an effective portfolio diversifier that can shield central banks against macroeconomic threats emerging across the globe. The organization argues that Bitcoin and gold share similar […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

October 25, 2024 Bitcoin.com

Bank of America

Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing its role as a critical hedge against market volatility […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Central Banks Are Secretly Buying Bitcoin

October 21, 2024 Bitcoin.com

bitcoin.com

It might sound like a conspiracy, but central banks are almost certainly already buying Bitcoin. Here’s why: Hedging Against Their Own Policies Nearly all countries are up to their ears in debt. Since austerity measures are not politically acceptable, they must find other ways to manage that debt – and the easiest path is just […]

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Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge

October 20, 2024 Bitcoin.com

bitcoin.com

Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act before prices […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty

October 17, 2024 Bitcoin.com

bitcoin.com

Central banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support for gold’s growing role, reflecting broader trends as central banks seek safe havens amid lower interest rates and rising risks. Central Banks Signal Increased Reliance on […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

BRICS Unified Currency Deemed Premature by Russian Official

October 8, 2024 Bitcoin.com

bitcoin.com

Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies for trade. Ryabkov highlighted ongoing efforts to strengthen the bloc’s economic independence, with authorities actively […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

Goldman Sachs Raises Gold Forecast to $2,900 by 2025

October 6, 2024 Bitcoin.com

bitcoin.com

In early September, analysts from the financial powerhouse Goldman Sachs projected that the price of gold would hit $2,700 per ounce by next year. Fast forward to a month later, and Goldman’s market strategists are now setting their sights even higher, forecasting gold to climb to $2,900 per ounce in 2025. Gold Set for Gains: […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

QCP Capital: Risk Assets Rise on Global Stimulus Outlook 

September 28, 2024 Bitcoin.com

Bitcoin

According to a weekend market insights analysis provided by QCP Capital, risk assets experienced a notable rally this week, driven by central bank stimulus measures and key political developments. Analysts from QCP highlighted multiple factors contributing to the uptick, including economic support from China and interest rate expectations in the United States and Japan. Global […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk Assets

September 25, 2024 Bitcoin.com

bitcoin.com

According to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the U.S. are playing a crucial role in shaping market sentiment. QCP Capital: Central Bank Moves Boost Outlook for Crypto QCP Capital‘s analysis on Wednesday highlights a series of macroeconomic developments […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

September 23, 2024 Bitcoin.com

bitcoin.com

UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s […]

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Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?