Peter Schiff calls for balanced coverage between Gold and Bitcoin
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Peter Schiff accuses CNBC of focusing too much on Bitcoin, neglecting significant gold market developments.
Gold prices reached a two-month-high, nearly surging 1.5% due to weak U.S. factory data and consumer sentiment.
The spot price of gold approached its record high in December 2023, indicating a potential for future growth.
Gold prices reached a two-month-high, nearly surging 1.5% due to weak U.S. factory data and consumer sentiment.
The spot price of gold approached its record high in December 2023, indicating a potential for future growth.
Original Source: https://www.cryptopolitan.com/peter-schiff-calls-for-balanced-coverage-between-gold-and-bitcoin/
I have always really liked gold, but physical gold is something necessary that we should all have, both physical gold and Digital Gold (BTC).
I have always considered Peter a very intelligent character, the bad thing is that he does not like bitcoin and that bitcoin has a very great potential, between gold and bitcoin I think they should not be compared, they are assets, they are money, and every defender gold is very reluctant with bitcoin.
What I like most about this is that there are many who are buying Bitcoin and they are Stored in many Wallets as if to mislead and I Imagine they do this so that they do not Detail that bitcoin can go up a lot.
671,000 BTC Bought by Million Bitcoin Addresses at This Massive Demand Zone
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This accumulation zone, according to Ali, highlights strong investor confidence and could serve as a crucial level of support for BTC, potentially cushioning against further drops. Moving forward, Bitcoin will face its next hurdle in the range between $63,282 and $67,413. This is where 48,440 BTC were bought by 193,230 Bitcoin addresses at an average price of $65,164, per IntoTheBlock.
Read more on U.Today https://u.today/671000-btc-bought-by-million-bitcoin-addresses-at-this-massive-demand-zone
Read more on U.Today https://u.today/671000-btc-bought-by-million-bitcoin-addresses-at-this-massive-demand-zone
Original Source: https://u.today/671000-btc-bought-by-million-bitcoin-addresses-at-this-massive-demand-zone
This seems very interesting to me:
The bitcoin billionaire Winklevoss twins have to give $1.1 billion back to crypto customers
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What’s cooler than giving away a million dollars? Giving away a billion dollars. The Winklevoss twins Cameron and Tyler, thrust into pop-culture fame after 2010's Facebook founding dramatization The Social Network, reached a settlement Wednesday (Feb. 28) with the New York State Department of Financial Services (NYFDS) to give back $1.1 billion to customers of their cryptocurrency exchange Gemini.
New York sued Gemini in October, alleging that the company had sloppily funneled user funds to Genesis Global Capital, a cryptocurrency lending firm that went belly-up last January, through a program called Gemini Earn. Gemini users were promised 8% “low-risk” returns if they lent their holdings to Genesis, and Genesis in turn lent the money elsewhere. It turns out that the returns were actually very high-risk: Genesis was a big client of the doomed cryptocurrency exchange FTX, which imploded massively in late 2022.
New York sued Gemini in October, alleging that the company had sloppily funneled user funds to Genesis Global Capital, a cryptocurrency lending firm that went belly-up last January, through a program called Gemini Earn. Gemini users were promised 8% “low-risk” returns if they lent their holdings to Genesis, and Genesis in turn lent the money elsewhere. It turns out that the returns were actually very high-risk: Genesis was a big client of the doomed cryptocurrency exchange FTX, which imploded massively in late 2022.
Original Source: https://qz.com/winklevoss-twins-gemini-bitcoin-settlement-1851297179
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