Auto Added by WPeMatico

Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation

A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within the timespan of a generation. Devere Group CEO Nigel Green is a big believer in crypto assets like bitcoin (BTC) and he’s been more vocal about his forecasts in recent days. Last August, news.Bitcoin.com reported on Green explaining why he thinks the U.S. presidential election would have devastating effects on the…

Continue Reading Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation

Bitcoin Will Break Out This Year, Says Devere CEO

The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to any specific country, such as bitcoin. 2020: Breakout Year for Bitcoin Devere Group CEO Nigel Green predicted last week that the U.S. presidential election and a weak dollar will drive the price of bitcoin for the rest of 2020. Following the Federal Reserve’s policy shift on inflation, he also warned about investing in the…

Continue Reading Bitcoin Will Break Out This Year, Says Devere CEO

Bitcoin Notable Breakout Leads Coin Under $12,000: Price Analysis

A Bitcoin notable breakout was responsible for the asset hitting below $12,000 despite the coin surging from the $11,800 baseline in a few hours. The move brought BTC above the main $12,000 region which acted as resistance over three rallies in the past two weeks so let’s read more about the analysis in our latest bitcoin news. Bitcoin is going lower as the bears initiated a strong sell-off. Over the past hour, the asset dropped from $12,240 to a low of $11,920. Bitcoin now trades at $12,040 as of the time of writing with buyers stepping in to hold the…

Continue Reading Bitcoin Notable Breakout Leads Coin Under $12,000: Price Analysis

End of content

No more pages to load