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Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon

Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End SoonThe CEO of investment management firm Vaneck has predicted a bull cycle for gold and bitcoin. “We are at the very beginnings of what could be a several-year cycle in gold, and I also put bitcoin in that category as well,” the executive said, adding that the Federal Reserve is “close to the end of […]

Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000

Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists

Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market StrategistsAmid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew Moss noted “that investors may view bitcoin as a […]

Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000

JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge

JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation HedgeGlobal investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price of bitcoin in recent weeks, including assurances that U.S. policymakers will not ban cryptocurrencies. JPMorgan Sees Renewed Interest in Bitcoin JPMorgan published a research note […]

Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000