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Weiss Ratings predicts the value of gold will increase once the coronavirus pandemic is over, but says golds upside pales in comparison to that of Bitcoin.
According to the crypto ratings agency, the digital nature of Bitcoin gives it several advantages over gold which is the traditional hedge against inflation.
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📜 DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice.
Grayscale says it now manages 3.7 billion dollars worth of crypto assets on behalf of its clients, marking a new high for the digital asset management firm.
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With Bitcoin’s third halving upon us, the debate on if and when the big event will affect the future price of the Bitcoin rages on, but the rules guiding the creation of new Bitcoin, that were hammered into the software by its anonymous creator, Satoshi Nakamoto, are crystal clear.
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The hedge fund legend Paul Tudor Jones sent shockwaves through the investment world on Thursday, with the announcement that he’s buying Bitcoin futures. Jones is among the first major hedge fund managers to make a strong case for Bitcoin.
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Square Revealed in its first quarter earnings results that show Bitcoin brought in more revenue for it's Cash App than fiat.
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Simon Peters said the upcoming halving will not only see the Bitcoin price spike but bring more investors to Bitcoin. The next Bitcoin halving is set to occur on May 12th, when the rate at which new bitcoins enter into circulation are reduced by half.
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Here are the five countries that have generated the most Google requests regarding the Bitcoin Having.
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While countries are battling with coronavirus, Lebanon is faced with an extra crisis, an economic catastrophe involving the national currency.
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Crypto analyst PlanB, recently said, Bitcoin is serious business and not a toy anymore, maybe not an asset anymore as well, he said, adding, It is going to be much bigger than that.
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Bitcoin is now trading at roughly $8,800, for a year to date gain of 24%. Gold, a symbol of riches and monetary stability at least since the Sumerians civilized Mesopotamia, is up just 13% in twenty twenty, and the S & P 500 is still negative on the year, down 9%.
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