Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos

Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold.

Bitcoin is an emerging store of value, challenger to gold: Ruffer Investment’s Chairman

After making a public announcement about its new Bitcoin investment strategy, UK-based Ruffer Investment’s Chairman today detailed the reason behind the company’s 2.5% allocation of its multi-stra The post Bitcoin is an emerging store of value, challenger to gold: Ruffer Investment’s Chairman appeared first on AMBCrypto.

Bitcoin is now worth more than a 20 ounce gold bar

As Bitcoin price topped $40,000 it became more valuable than a 20oz block of gold. Bitcoin’s meteoric price rise is showing no signs of slowing down and its latest all-time high has priced the asset higher than a 20 ounce gold bar. Over the past six hours, Bitcoin prices topped $40,000 briefly according to Tradingview.com.

Bitcoin Sets New All Time High Spiking Over $35,000

Bitcoin’s record-breaking start to the new year continued on January 5 after the top crypto set another new all-time high (ATH) of $35,879.

Michael Saylor Says $250,000,000,000,000 Ocean of Assets Looking for Bitcoin

Microstrategy chief executive Michael Saylor says $250 trillion worth of assets are looking for an ideal store of value and Bitcoin is a prime candidate.

How much Bitcoin is left for retail traders; who pays the price of Bitcoin that institutions control? 

Bitcoin may be a store of value for a few, a hedge against inflation, or digital gold for many.

Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer

Experts in blockchain technology and crypto take on the question of Bitcoin’s path throughout the year 2020. Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial discrimination and police brutality, and so on and so forth.

Top 10 crypto and blockchain stories of 2020

Corporations and institutional investors seeking an alternate store of value amid the pandemic crisis drove crypto to new heights in 2020. The COVID-19 pandemic dominated the news in 2020, affecting myriad sectors — health, economics, social justice, politics and trade, as well as the cryptocurrency and blockchain industry.

Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan

The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds.

Another NASDAQ-Listed Company to Set Up a Bitcoin Fund

The NASDAQ-listed company will be aiming at further Bitcoin adoption, stating that the cryptocurrency is a reliable store of value.

Shark Tank’s Mark Cuban Says Bitcoin Is a Store of Value but ‘More Religion Than Solution to Any Problem’

Shark Tank star and the Dallas Mavericks’ owner, billionaire Mark Cuban has shared his updated view on bitcoin after the price of the cryptocurrency hit all-time highs.

Billionaire Mark Cuban Says Bitcoin Demand Outstripping Supply, Affirms Top Crypto Is Store of Value

Billionaire entrepreneur Mark Cuban, who has long been a prominent crypto critic, says he believes Bitcoin can store wealth.

Bitcoin Now Retail Inflation Hedge, Experts Agree – and Altcoins May Follow Suit

The most popular cryptocurrency, bitcoin (BTC) has become a mainstream hedge as a store of value – for a diversifying set of investors, experts have claimed, with altcoins also set for a retail boost further down the line. A broadening tranche of analysts and industry insiders are adding their voices, as Jeff Currie, the Head of Commodities Research at Goldman Sachs,

Sovryn: Permissionless Bitcoin Lending, Borrowing, and Margin Trading 

[Featured Content] Arguably one of the best use cases for Bitcoin as the leading cryptocurrency is a store of value.

Can Bitcoin protect your portfolio if the stock market implodes

This article isn't going to be one that talks about bitcoin's deflationary model, its store of value, and how it is an uncorrelated asset that acts as a hedge in case of a crash in the traditional mar The post Can Bitcoin protect your portfolio if the stock market implodes appeared first on AMBCrypto.

Shock survey suggests most investors think Bitcoin won’t top $50K by 2030

A survey from Genesis Mining has found that most Bitcoin investors aren't expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000. British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former US-based Bitcoin investors — two-thirds of whom believe BTC is a better long-term store of value than the dollar. More than half of respondents believe Bitcoin will beat out gold, real estate, and the stock market over the five to 10 years, with 65% expressing faith that BTC’s value will continue to appreciate with time. The bear case But despite the apparently favorable sentiment, just 17% of those surveyed predicted that Bitcoin’s price would exceed $50,000 by 2030.

Publicly recanted! Luminaries who came to terms with crypto in 2020

Bitcoin may never be a widely used medium of exchange, but it has become a useful store of value, former critics concede in 2020. Humans, being only human, tend to hang on to their cherished beliefs — even in the face of overwhelming contradiction.

Billionaire Ray Dalio Softens On Bitcoin, Says It’s A Gold Anternative

Ray Dalio said that bitcoin could be a store of value similar to gold.

Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the Dollar

A survey commissioned by Satoshilabs finds that from the 45.8% of American respondents that say they own cryptos, nearly all of them (95%) believe cryptos to be a genuine currency solution.

‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes

The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold.

Bitcoin 'Too Volatile' to Be Store of Value: Steve Forbes

The magazine magnate says gold is a better investment.

Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head

Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported.

Money Reimagined: Bitcoin vs. Gold Is a Battle of Narratives

The success of a store-of-value asset, like bitcoin or gold, isn't just a matter of durability, fungibility or scarcity.

Bitcoin Too Volatile to be a Store of Value: Fidelity Crypto Boss

Bitcoin holds the potential to be a store of value but is not there yet because of its explosive volatility, feels the head of Fidelity Digital Assets.

Fidelity Digital Assets Head says Bitcoin Still Too Volatile To Be Store of Wealth

Tom Jessop, President of Fidelity Investments digital assets arm said his firm still uses the word “potential” when describing volatile Bitcoin’s ability to act as a store of value (Read More)

Self-Proclaimed Contrarian Investor Bashes Bitcoin Digital Gold Narrative

Bitcoin has become extremely popular in 2020, on the back of the store of value, safe haven asset, and digital gold narratives.

Bitcoin a ‘Potential Store of Value’ That’s Very Volatile: Fidelity Digital Assets Head

Many investors aspire to hold bitcoin as a store of value, but right now the cryptocurrency is very volatile, said the head of Fidelity Digital Assets.

Multi-utility tokens to enable Web 3.0 by providing more than financial value

The benefits of utility tokens could soon stretch beyond payment facilitation and governance capabilities. Cryptocurrencies are commonly known for being a store of value, but as the blockchain space continues to mature, utility tokens are being created that extend their benefits beyond mere financial gains. Scott Gralnick, director of global partnerships for ShapeShift — a Swiss cryptocurrency exchange — told Cointelegraph that cryptocurrency can help launch Web 3.0 as more utility tokens are designed to provide functions beyond market value: “At ShapeShift, we are looking past the idea of whether a token has value and can be traded or held.

Forget Bitcoin as a store of value! Here's why it's much more than that...

The store of value and digital gold narrative has taken markets across spot exchanges by storm.

Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution

Historian and senior fellow with the Hoover Institution at Stanford University, Niall Ferguson says bitcoin is winning the Covid-19 monetary revolution.

Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030

Bitcoin billionaires Tyler and Cameron Winklevoss told CNBC that the Bitcoin price will surge to $500,000 within the next decade and replace gold as a store of value.

Philanthropy: A missing catalyst of blockchain adoption

With cheap and scalable trustless systems, blockchain tech has the ability to drive industry adoption to a new level. When most people imagine the problems solved and industries disrupted by blockchain technology, the typical use cases come to mind: global currency, store of value and even a way to track goods on an immutable ledger. A good starting point in understanding what drives the adoption of new technology is to take a deeper look at human psychology and understand what motivates the average person to participate in the cryptocurrency space.

Bitcoin Will Inevitably Replace $10,000,000,000,000 Gold According to Binance CEO – Here’s Why

The CEO of the largest cryptocurrency exchange by volume is analyzing the likelihood that Bitcoin will edge out gold as the primary store-of-value asset.

SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value

The chairman of the US Securities and Exchange Commission (SEC) has explained how the US government is regulating cryptocurrency.

BlackRock Chief Investment Officer Says Bitcoin Will Overtake $10 Trillion Gold As Primary Store of Value

Rick Rieder, chief investment officer of global fixed income at investment management corporation BlackRock, says he believes Bitcoin will surpass gold as the primary store of value.

Billion-Dollar Fund Manager Anthony Scaramucci Says Bitcoin Could Become Digital Gold

Anthony Scaramucci, founder of global investment firm SkyBridge Capital and former White House communications director, says Bitcoin could easily become digital gold and a store-of-value asset.

Jay Clayton Calls Bitcoin a Store of Value Beyond Regulatory Reach of SEC

The head of the US Securities and Exchange Commission, Jay Clayton, is giving Bitcoin a final boost as he prepares to leave the agency.

Outgoing SEC Chair Jay Clayton reveals what’s driving the rise of BTC

Jay Clayton is stepping down from his role as SEC Chairman at the end of the year, but before going he wants to set the record straight on the SEC’s opinion of Bitcoin. The outgoing SEC Chairman Jay Clayton, who oversaw the rejection of nine Bitcoin ETFs during his tenure, has told CNBC that “inefficiencies” in the current payments systems are continuing to drive the popularity of Bitcoin. Appearing on CNBC’s Squawk Box yesterday Clayton, who is due to step down by the end of the year, confirmed his agency’s general assessment that Bitcoin was not a security but a payment mechanism and store of value.

Bitcoin Will Face More Regulation as Payment Method: SEC Chairman

SEC Chairman Jay Clayton said that Bitcoin should be regulated closer to something like a payment mechanism or store of value than a security.

Newly Elected US Senator Owns Bitcoin, Says Top Crypto Is Solid Store of Value

Republican Senator-elect Cynthia Lummis is vouching for Bitcoin, saying that the number one cryptocurrency is a solid store of value.

Incoming Senator hopes to ‘bring Bitcoin into the national conversation’

Does Bitcoin finally have an advocate at the highest levels of government? In an interview with the ABC News program GMA3: What You Need To Know on Friday, senator-elect Cynthia Lummis again voiced her support for the popularization of Bitcoin, going so far as to say that she does “hope to bring Bitcoin into the national conversation.”  In a clip that has been widely circulating on Twitter, the soon-to-be-senator representing Wyoming — possibly the highest ranking US official to ever speak so glowingly of the digital currency — cited her experience as a former state treasurer for why she believes in Bitcoin’s future. “I’m a former state treasurer and I invested our state’s permanent funds, so I was always looking for a good store of value, and Bitcoin fits that bill.

Stanley Druckenmiller Owns Bitcoin, Calls It Attractive Store of Value

Billionaire investor Stanley Druckenmiller has revealed that he owns bitcoin, calling it an asset class that has a lot of attraction as a store of value and could be a better investment than gold.

MicroStrategy CEO Explains Why Bitcoin Is ‘a Million Times Better’ Than ‘Antiquated’ Gold

Even if they don’t know it yet, Michael Saylor thinks gold investors will eagerly dump the commodity for what he calls a superior store of value – bitcoin.

‘Dr Doom’ Nouriel Roubini Admits Bitcoin May Be a Store of Value, Sees Big Revolution in Central Bank Digital Currencies

Economist Nouriel Roubini, also known as “Dr Doom,” has admitted that bitcoin may be a store of value.

Bitcoin Has a Lot of Attraction as a Store of Value: Billionaire Investor Druckenmiller

Billionaire hedge fund investor Stanley Druckenmiller has joined Paul Tudor Jones by investing in bitcoin.

Economist Nouriel Roubini Says Bitcoin Not Secure or Decentralized – But It May Be Partial Store of Value

Global economist Nouriel “Dr Doom” Roubini questions Bitcoin’s (BTC) scalability and security but acknowledges that the cryptocurrency could be a store of value.

Nouriel Roubini acknowledges Bitcoin as a 'partial' store of value

In what is a surprising development, Professor Nouriel Roubini, dubbed ‘Dr Doom’ by many in the crypto-community because of his skeptical remarks about Bitcoin and cryptocurrencies, seems to have The post Nouriel Roubini acknowledges Bitcoin as a 'partial' store of value appeared first on AMBCrypto.

Bitcoin In US Senate: New Wyoming Senator Bought BTC in 2013

Cynthia Lummis, who bought her first bitcoins in 2013 and believes BTC's limited supply makes it an attractive store of value, will be Wyoming's new Senator.

Yes, Bitcoin accumulation will get difficult, but it won't be a bad thing

Bitcoin's identity is myriad; it is a store of value, uncorrelated asset, safe haven, etc.

$250 Trillion in Assets Looking for Ideal Store of Value: A Bull Case for Bitcoin

The CEO of Nasdaq-listed billion-dollar company Microstrategy has made a strong bull case for bitcoin.

40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset

News of the discovery of approximately 40 million troy ounces of gold in Russia’s Siberian region is likely to boost the profitability of the country’s biggest gold producer, while adding to the supply of the “scarce” resource.

CBDC as a store of value threatens financial system, says German official

The German central bank is considering alternatives to CBDC as a digital payment solutions Burkhard Balz, a German politician and executive board member of the country's central bank, said in a speech on Oct.

Analyst: Relative to Bitcoin, Gold “Fails” as a Store of Value

For many years, investors have been arguing if Bitcoin is better than gold.

Can Bitcoin overthrow the US Dollar as the leading reserve asset?

Bitcoin's value proposition as the go-to store of value asset has resonated fairly well.

Blockchain Bites: FCA’s Crypto Crackdown, McAfee’s Charges, Ethereum’s Store of Value

John McAfee was charged with promoting ICOs without disclosing his payments while the UK's FCA has banned certain crypto derivatives.

Aurus Disrupts the Gold Industry – Today Its Ecosystem Lists at a Value of $75m

With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors.

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 US election would bolster the price of bitcoin.

US Senate Candidate Is a Hodler, Sees Bitcoin as Alternative Store of Value to US Dollar

US Senate candidate Cynthia Lummis is pro-bitcoin.

Right now, is Bitcoin more a 'store of value' than an asymmetric bet?

“The essence of investment management,” said legendary investor Benjamin Graham, “is the management of risks, not the management of returns.” Indeed the 2018 crash that followed the historic b The post Right now, is Bitcoin more a 'store of value' than an asymmetric bet? appeared first on AMBCrypto.

MicroStrategy CEO says ‘Bitcoin scales just fine as store of value’

Arguably the biggest Bitcoin adoption move of 2020 turned 78,338 off-chain transactions into just 18 on-chain ones, with MicroStrategy praising scalability. Bitcoin (BTC) as a store of value “scales just fine,” the CEO of the company that just purchased 38,250 BTC has said. In a tweet on Sep.

Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining

The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts.