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Gold Bug Peter Schiff Claims Bitcoin’s Yearly Gain of 60% Was Achieved in First 5 Weeks of the Year

Gold Bug Peter Schiff Claims Bitcoin’s Yearly Gain of 60% Was Achieved in First 5 Weeks of the YearGold bug Peter Schiff has claimed that though bitcoin went up by 60% during the past twelve months, most of these gains were achieved during the first five weeks of the year in 2021. He insists that the majority of those that bought the asset in 2021 have not gained. Bitcoin Gains Higher Than Those […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be WaryA Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge

Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation HedgeBillionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., talked about bitcoin being his preferred hedge […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

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 […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold

Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not GoldGoldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge The global head of commodities research at Goldman Sachs, Jeff […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation

South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against DevaluationNew reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper