online resources

EOS Founder Believes Gold Will Perform Fractionally As Bitcoin

The EOS Founder believes that gold will perform as well as Bitcoin which is only fractionally as they have both been pressing higher after the comments by the Federal Reserve chairman Jerome Powell last week as we reported in the EOS newsletter previously. Both assets increased by around 5% since the comments were made and some proponents believe that the gold will outperform any other asset in circulation due to the vast amount of monetary stimulus. Crypto proponents that are mostly focused on altcoins believe that bitcoin will outperform gold. According to Brendan Blumer, the co-founder of Block.one, Bitcoin will…

Continue Reading EOS Founder Believes Gold Will Perform Fractionally As Bitcoin

BTC History Suggests $20k Price Will Come In 3-12 Months

The latest Bitcoin news show that according to historical data, the price of the dominant coin may take anywhere from 3 to 12 months in order to reach its all-time high levels. The BTC history also shows that the cryptocurrency has had four market cycles since its inception in 2009. It went from a bottom to a new peak, while the cycles ranged from over 600 days to around 1,050 days. The most recent cycle in the BTC history has just surpassed 300 days, which suggests that it could last 3-12 more months. If the price of Bitcoin remains stable…

Continue Reading BTC History Suggests $20k Price Will Come In 3-12 Months

Report Shows Bitcoin’s Covid-19 Recovery Stronger Than Other Markets With Zero Intervention

The response to the Covid-19 pandemic has been ruthless on the global economy and during the last six months, traditional stocks and commodities have felt extreme market volatility. Coinshares published a comprehensive report this week in regard to how bitcoin performed during the coronavirus outbreak. The seven-page study highlights how bitcoin’s rebound to pre-Covid price levels has “unsurprisingly garnered attention amongst the investment community.” Coinshares’ head of research Chris Bendiksen recently published a report that discusses how bitcoin (BTC) reacted to the coronavirus outbreak and the mid-March market volatility. Despite what critics like Peter Schiff say, BTC has outperformed a…

Continue Reading Report Shows Bitcoin’s Covid-19 Recovery Stronger Than Other Markets With Zero Intervention

End of content

No more pages to load