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“# Grayscale dusts off its #dropgold campaign with fresh ad push ” Digital asset manager Grayscale is bringing back its controversial “drop gold” campaign just in time for the potential Bitcoin (BTC) bull market. CEO Barry Silbert tweeted Tuesday that the 30-second advertisement will be “running on major networks all over the country.” The commercial…
“# Gold and Bitcoin eye inflation-adjusted all-time highs… but it’s taken gold 40 years ” Gold bug and Bitcoin (BTC) skeptic Peter Schiff was just 17 years old when the yellow metal set its true all-time price high. Meanwhile, Bitcoin, a much younger asset, sits close to its inflation-adjusted all-time high, or ATH, after just…
“# Bloomberg lists 5 bullish trends for Bitcoin price despite ‘Thanksgiving crash’ ” Bitcoin (BTC) continues to convert some of its harshest traditional critics from mainstream finance as Bloomberg admits that this bull run is nothing like 2017. In an article on Nov. 27, the publication known for its pessimism highlighted a range of Bitcoin…
“# ‘No debate’ that Bitcoin will increase 20X says gold industry insider ” Gold Bullion International co-founder Dan Tapiero believes that it’s only a matter of time before Bitcoin’s price surges into the six-figure threshold. Speaking to Anthony Pompliano on the Pomp Podcast, Tapiero asserted that in terms of price appreciation Bitcoin is the king,…
“# Van Eck declares Bitcoin ‘less volatile than many’ stocks ” On Friday, investment management firm Van Eck released new research indicating that Bitcoin’s price movements are less volatile than between a quarter and a third of the stocks listed on the S&P 500. In a blog post the German issuer of exchange-traded products said…
“# BlackRock CIO says ‘Bitcoin will take the place of gold to a large extent’ ” A senior executive at BlockRock, the world’s largest asset manager, admits that Bitcoin (BTC) has become a permanent fixture in the global financial system, offering yet another tangible sign that the narrative surrounding digital currency has changed. Rick Rieder,…
“# ‘Coordinated media FUD’ about Bitcoin from Financial Times to Fox Business ” Mainstream media outlets are finally reporting on the recent rally that saw Bitcoin creep close to its all-time high — but some commentators appear to be determined to spread FUD. Two articles released within hours of each other earlier today — a…
“# Bloomberg’s McGlone thinks Bitcoin could hit $170K over the next two years ” Bitcoin (BTC) has risen to rarely seen price highs, currently stalling between $17,000 and $18,500 before deciding on its next move. Gold recently broke all-time U.S. dollar price highs, surpassing $2,000 per ounce before pulling back and consolidating in price. Bloomberg…
“# Bitcoin up 375% since Peter Schiff accidentally called the exact bottom ” The Bitcoin (BTC) price bottomed at exactly the point that gold bug Peter Schiff said that it would crash further — and proponents are reminding him of his mistake. Retweeting a now infamous Twitter post that Schiff made in mid March, popular…
“# ‘Aussie Trump’ invests in Bitcoin as it’s the ‘millennial version of gold’ ” Cory Bernardi — a controversial figure the Sydney Morning Herald has referred to ‘Australia’s Donald Trump’ — has talked up Bitcoin in between Tweets challenging the results of the U.S. presidential election. In a Nov. 11 Tweet, Bernardi stated he had…