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“# Bitcoin ‘better than gold’ if you study it, fund manager tells mainstream media ” Bitcoin (BTC) is superior to gold if investors take the time to study it, says hedge fund manager Anthony Scaramucci. In an interview with CNBC on March 18, Scaramucci, who is CEO of SkyBridge Capital, reinforced his belief in Bitcoin…
“# Bitcoin now the prize for this sailing event ” Touted as a digital store of value with scarce supply, Bitcoin has seen its fair share of comparisons to gold over the years. Keeping up with that trend, a sailing competition called the Liberty Bitcoin Cup offers Bitcoin (BTC) as a competition prize instead of…
“# BTC was best-performing asset of past decade by 900% ” Over the past ten years, Bitcoin has beaten out all over asset classes by at least a factor of 10. The milestone was noted by Compound Capital Advisors’ CEO and founder, Charlie Bilello, who compiled the performances of the top asset classes using data…
“# Gold’s status as inflation hedge ‘somewhat exaggerated,’ says BlackRock exec ” With the price of gold down more than 11% over the last six months, some investment managers are questioning its status as a hedge asset. According to Bloomberg, Russ Koesterich, portfolio manager at BlackRock’s Global Allocation Fund, gold is currently failing to prove…
“# Peter Schiff’s son moves 100% of his portfolio into Bitcoin ” Spencer Schiff, the son of gold bug and major Bitcoin (BTC) critic Peter Schiff, seems to have decided to move all his portfolio investments into one single asset, Bitcoin. “My son went all in on Bitcoin on the last drop below $50k. 100%…
“# Bitcoin ‘pushing aside’ gold as a store of value — Senior Bloomberg strategist ” A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, according to Mike McGlone, a senior commodity strategist at Bloomberg….
“# Bitcoin price is going to ‘infinity’ — Kraken CEO ” Bitcoin (BTC) will be worth “infinity” and humanity will soon give up pricing it in U.S. dollars, says the CEO of cryptocurrency exchange Kraken. Speaking to Bloomberg on March 4, Jesse Powell was characteristically bullish on Bitcoin as BTC/USD broke above $50,000. Powell: $1…
“# Bitcoin is technology but gold ‘is dead,’ Mark Cuban tells Peter Schiff ” Bitcoin (BTC) and Ether (ETH) are empowering but gold is “dead,” billionaire Mark Cuban has told one of cryptocurrency’s biggest naysayers. In a Twitter debate on Mar. 2, Cuban, who has become increasingly sympathetic to crypto, warned Peter Schiff that gold…
“# Bitcoin’s compound annual growth is ‘an unheard-of’ 200% CAGR ” Bitcoin (BTC) has delivered returns which are “unheard of” in history and ultimately leaves Tesla stock in the dust. That’s according to fresh data from on-chain monitoring resource CaseBitcoin, which this week delved into Bitcoin’s astonishing compound annual growth rate (CAGR). BTC hodling: 10…
“# Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says ” A senior analyst at asset management firm Bridgewater believes that regulation could potentially make Bitcoin (BTC) a good asset for institutional investors. Bridgewater director of investment research Rebecca Patterson claimed that regulatory certainty around Bitcoin would solve some of the cryptocurrency’s biggest…