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Bitcoin Recovers Above Key $28K Level

Bitcoin (BTC) is heading for its best quarter in two years, outperforming ether, gold and the Nasdaq. Bitcoin is "the biggest beneficiary of everything that's going on," said Arca Chief Investment Officer Jeff Dorman. Dorman added that with the recent banking failures, "every single person is now having to re-rank what it means to own something safe."

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Bitcoin готовится к лучшему кварталу за 2 года, опережая эфир, золото и Nasdaq

ONE из наблюдателей заявил, что основной причиной Rally является слабая глубина книги заказов, в то время как другие указали на привлекательность криптовалюты как надежного средства и спекуляции на развороте ФРС как на более существенные катализаторы.

Bitcoin subió más de 70% este año. (CoinDesk/Highcharts.com)

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Could Bitcoin Be a Safe Haven Asset Like Gold?

Gold bottomed out in early November and proceeded to turn higher, leading bitcoin's (BTC) bull revival by nearly two months. Gold's rally has stalled in the past few days, a cause for concern for BTC bulls. "All About Bitcoin" host Christine Lee breaks down bitcoin's relationship to the gold price and U.S. dollar strength on "The Chart of The Day."

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Bitcoin Is Uninvestable Right Now, Strategist Says

Path Trading Partners co-founder and Chief Market Strategist Bob Iaccino says while bitcoin (BTC) is uninvestable in the short term, "that's not a negative on the space." Long term, he compares bitcoin to gold. Plus, Iaccino's reaction to audit firm Mazars pausing work for crypto clients.

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Goldman Sachs считает, что золото превзойдет Bitcoin в долгосрочной перспективе

В отчете говорится, что принятие Bitcoin должно быть обусловлено развитием реальных возможностей его использования, а не спекулятивным интересом.

(Unsplash)

Видео

Bitcoin's Next Support Levels Closer to $12K Range

It's now been more than a week since the price of bitcoin hit a two-year low at around $15,600, and price charts suggest a drop down to $13,000 is still possible. Separately, gold-backed cryptocurrencies like PAXG and XAUT have performed positively in the past seven days, decoupling from the broader market swoon. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Финансы

Финтех-компания Qenta станет публичной через слияние со SPAC

Стартап отслеживает происхождение и право собственности на драгоценные металлы с помощью Технологии блокчейн.

(Unsplash)

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'Fed Knows Inflation Is a Killer:' Peter Brandt on Gold Outlook

As the U.S. Federal Reserve continues to raise interest rates to combat soaring inflation, commodities investor and Factor Trading founder Peter Brandt discusses how times of rising yields impact gold's price. "The Fed knows inflation is a killer and they need to address it."

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Veteran Trader Peter Brandt on Crypto Markets Outlook

Peter Brandt, Factor Trading Founder and CEO, shares his predictions for bitcoin (BTC), gold and the state of global finance amid the latest crypto market downturn, breaking down price levels and trends to watch.

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Opimas CEO ‘Not surprised’ About Bitcoin’s Correlation to Gold

Bitcoin’s correlation with gold hits its highest level in over a year. Opimas CEO Octavio Marenzi says he’s “not surprised” by this correlation, because “the arguments of buying either one are very similar” in this market. But, he adds that this correlation won’t be permanent.

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