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Bitcoin Prices Surge
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Author: Jeffrey Taylor

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 […]

10 Aug 2020
U.S. Dollar Reigns as World’s Reserve Currency May Be in Question
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Author: Michael Stern

This summer has seen a dramatic rise in the price of gold. According to Nick Piquard, portfolio manager at Horizon EFT, the upwards movement in the price of gold may be an indication that the market is beginning to lose confidence in the United States dollar, which at the moment is the world’s reserve currency. […]

5 Aug 2020
The Rally in Gold Prices Indicate the Global Economy Is in Trouble
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Author: Maria Andretti

With the current confusion in markets, it is easy to forget that early in the coronavirus pandemic, the price of gold was in freefall. It was strange, to say the least; the virus sparked a collapse in the global economy, but at the same time, the 2020 pandemic soon showed itself to be the driving […]

4 Aug 2020
Bitcoin Price Crashes in Minutes
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Author: Jeffrey Taylor

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 […]

3 Aug 2020
As the Dollar Slides, Bitcoin Prices Are Rising
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Author: Michael Stern

As the value of the U.S. dollar slides, things priced in the currency are beginning to show the effect. Prices are rising, and that includes the price of Bitcoin. The price of Bitcoin went up a startling 13 percent on July 27th, the biggest gain the cryptocurrency has seen in almost three months. As the […]

31 Jul 2020
Bitcoin Breaks the Elusive $10,000 Barrier
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Author: Jeffrey Taylor

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 […]

30 Jul 2020
Why Does Bitcoin Have Value?
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Author: Michael Stern

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 […]

29 Jul 2020
Bitcoin as a Hedge Against Inflation
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Author: Maria Andretti

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 […]

27 Jul 2020
Gold Has Surged, and It Could Just Keep Going
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Author: Maria Andretti

While stock markets in the United States, Europe, Asia, and elsewhere continue to tick into uncharted territory, another asset class has come to the attention of investors; gold. The price of the precious metal has been inching up steadily, breaking the psychological barrier of $1,800 an ounce earlier in July. Gold has not seen these […]

23 Jul 2020