Bitcoin

According to the Chief Executive Officer of Devere Group, 2020 will be a breakout year for Bitcoin. Amid the political and financial uncertainty, coupled with the Federal Reserve’s new inflation policy. Nigel Green predicts that investors will run to the safety of assets not tied to any specific country, such as Bitcoin. Nigel Green established […]

There are several cryptocurrencies, but since its inception in 2009, Bitcoin remains dominant. After existing for 11 years in the finance and tech space and cryptocurrency market, many individuals and institutions are beginning to explore Bitcoin’s innovative and ingenious functions. Bitcoin is often compared to gold, as both have certain similar features. For example, gold […]

Last Wednesday, August 5, saw the price of Bitcoin surge more in one day than stocks gained in the previous six months. The oldest of the cryptocurrencies outpaced both stocks and gold. The rapid rise in Bitcoin appears to be driven by calls for additional government stimuli, as the toll on the economy continues to […]

Bitcoin, after surging in the last week of July, suffered a price crash on the second day of August. After breaking the $12,000 price level on the Bitstamp exchange in Luxembourg earlier in the morning, the Bitcoin / USD price dropped dramatically, reaching a low of $10,550. Although the price of Bitcoin has somewhat bounced […]

Bitcoin prices have been trading close to the elusive $10,000 level for months. The price came close in early February, only to stall. At the time, Joe PiPasquale, hedge fund manager at BitBull Capital, noted that Bitcoin is stuck in a resistance zone. In recent months, gold has risen to new all-time highs. Why did […]

We live in a digital age. As such, the ideal currency should be one that has three specific characteristics as a matter of course: The currency should be free from control by any central authority. In this way, the currency cannot be devalued or printed at will. The currency should know no borders. It should […]

In times of need, governments have taken on debt and then printed money. By printing money, two things happen. The value of the currency falls, and as a result of inflation, so is the debt. Printing money creates inflation. Inflation, in turn, decreases the value of your dollars, be it investments, savings, or just the […]

The global economic engine is still staggering from the slowdown caused by COVID 19. It is still not clear just how damaging the pandemic really is. Restrictions have been placed on border freedoms, trade, import-export, as well as financial movements. Many businesses, regardless of size are having to face up to absorbing losses or ceasing […]

Bloomberg has recently released its commodity index and outlook, which shows some support for Bitcoin. The report went on to say there is reason to believe future commodity prices, with the exception of Bitcoin and gold, will continue on a downward path. Although Bitcoin is not a commodity, it is included in the June 2020 […]