Cryptocurrency Analysis and News Portal
Gold is up nearly 10% since Coronavirus deaths spread beyond China. Yellow metal stocks present the best of both worlds – capital gains and dividends. As the wider market tanked, precious metal stocks surged. A spike in coronavirus cases outside China has raised fears that the pneumonia-like illness could
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Euro Pacific Capital CEO Peter Schiff predicted the housing crash from 2006 to 2007. But now he’s warning about a bitcoin bubble. Schiff predicted Saturday that bitcoin will crash to $3,000, while he says gold will surge to $3,000, but not before bitcoin gets there first. Here’s why Peter
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Gold surged 0.9% to $1,626.50/oz., a new seven-year high. Federal Reserve Board members are pouring cold water on expectations of gradual rate cuts this year. Stocks suffer a major setback over coronavirus, overvaluation fears. Gold charted a fresh seven-year high Thursday after the Federal Reserve’s top brass tried to temper the market’s expectation
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Dow Jones Industrial Average (DJIA) futures were marginally lower ahead of the bell on Thursday. Gold hit a seven-year high as investors hedge against coronavirus economic impact. Stocks and gold rallying together are ‘striking’ and could be a warning sign for global stock markets. Dow Jones Industrial Average (DJIA)
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Stock market euphoria returned on Wednesday as the Dow Jones, Nasdaq, and S&P 500 pushed back towards record highs. This confidence in risk assets belies demand for safe-havens as the price of gold continues to surge. Concerns about risk-taking and the impact of the coronavirus are potential causes for
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Bitcoin’s explosive price rally this year has earned it a new fan in CelticGold, AG.The Frankfurt-based precious metals exchange in a note advised commodity investors to purchase the world’s leading cryptocurrency. It said they should at least allocate 1-5 percent of their precious metals portfolio to Bitcoin, citing its two-year
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Gold peaked at $1,518.70/oz. Thursday and is on track for its highest settlement in ten days. Alarmed by the recent spike in coronavirus infections, investors piled into bullion and other haven assets to mitigate risk. U.S. consumer-price growth was muted in January but above trend compared with a year ago. The price of
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The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus
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Bitcoin halving, gold and scarcity: as the milestone approaches, it will reduce Bitcoin’s block reward to 6,25 BTC per the block. Currently, the Bitcoin block reward equals 12,5 BTC.In approximately 91 days, the picture of what is happening inside mining companies will start changing. The date for changes is 7
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The total market capitalization of gold is estimated to be above $7 trillion, which is over 38 times that of bitcoin at
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