Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act before prices […] Source: https://news.bitcoin.com/peter-schiff-predicts-mother-of-all-gold-bull-markets-early-signs-of-massive-gold-surge/
Month: October 2024
‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity […] Source: https://news.bitcoin.com/were-heading-to-6-figure-bitcoin-whats-driving-this-bold-prediction/
Robert Kiyosaki Reveals His Secret to Surviving Inflation — Urges You to Do What He Did
Rich Dad Poor Dad author Robert Kiyosaki has shared his secret to surviving inflation, advising: “If you are wondering how you will survive and thrive in today’s high inflation environment … you may want to do what I did.” He warned of the dangers of relying on U.S. dollars and urged people to seek new […] Source: https://news.bitcoin.com/robert-kiyosaki-reveals-his-secret-to-surviving-inflation-urges-you-to-do-what-he-did/
Bitcoin $233K forecast, SEC X account hacker arrested, and more: Hodler’s Digest, Oct. 13 – 19
Bitcoin is technically on track to hit $233,000, according to analytics data based on the RSI, FBI arrests SEC X hacker: Hodlers Digest Source: https://cointelegraph.com/magazine/bitcoin-price-prediction-sec-x-account-etf-hack-trump-crypto-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trial Postponed for Jailed Ex-US Federal Agent After Court No-Show
A Nigerian court has adjourned the trial of Tigran Gambaryan, a jailed Binance executive, due to his illness. Gambaryan, a U.S. citizen and former federal agent, missed a scheduled court appearance. Nigerian High Court Judge Emeka Nwite postponed the trial to allow the Binance employee to receive medical treatment. Gambaryan’s Health Problems A Nigerian court […] Source: https://news.bitcoin.com/trial-postponed-for-jailed-ex-us-federal-agent-after-court-no-show/
Ripple CEO Praises the State of Cryptocurrency Regulation in Brazil
Brad Garlinghouse, CEO of Ripple, a payments and cryptocurrency service provider, has praised the state of cryptocurrency regulation in Brazil, one of the largest crypto markets in Latam. In an interview with Valor Economico, Garlinghouse highlighted the central bank’s work to make Brazil an enticing destiny for crypto companies. “Brazil is one of the fastest-growing […] Source: https://news.bitcoin.com/ripple-ceo-praises-the-state-of-cryptocurrency-regulation-in-brazil/
Powell’s Legacy, the Ethics of ‘Doxing’, and Uptober or Rektober
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Inflation, Memecoin drama, the SEC, and More The Fed’s easing cycle suggests Powell […] Source: https://news.bitcoin.com/powells-legacy-the-ethics-of-doxing-and-uptober-or-rektober/
Why Bitcoin’s Fee Spike Is Raising Eyebrows as Prices Hold Steady Above $68K
While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly $3.61 per transaction. Bitcoin’s […] Source: https://news.bitcoin.com/why-bitcoins-fee-spike-is-raising-eyebrows-as-prices-hold-steady-above-68k/
ECB paper claims older Bitcoin holders are exploiting new holders
Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation. Source: https://cointelegraph.com/news/ecb-paper-claims-older-bitcoin-holders-impoverishing-new-holders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Exploring 7 Different Investment Strategies for Bitcoin: A Guide for Investors
Investing in bitcoin (BTC) does not require buying a whole coin. Investors can buy fractions of a bitcoin, making it accessible to a wide range of budgets. This accessibility allows investors to explore a variety of strategies suited to their risk tolerance and goals. The following editorial explores seven distinct types of investment methods and […] Source: https://news.bitcoin.com/exploring-7-different-investment-strategies-for-bitcoin-a-guide-for-investors/