Peter Schiff

Elon Musk says BTC, ETH prices “high” while dunking on Peter Schiff

While his electric car company announced a Bitcoin purchase weeks ago, Elon Musk finally became a true Bitcoiner last night by engaging in a time-honored cryptoTwitter pastime: dunking on Peter Schiff.  Yesterday morning Schiff, the noted gold bug and Bitcoin skeptic, posted a Tweet thread in which he criticized Elon Musk’s comment that Bitcoin is …

Elon Musk says BTC, ETH prices “high” while dunking on Peter Schiff Read More »

Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’

<div class=”featured_image_container”> </div> <strong>Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin stock-to-flow model [is] on track… like clockwork.”</strong> Stock-to-Flow Author Is Confident in the S2F Price Model Back …

Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’ Read More »

Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion

<div class=”featured_image_container”> </div> <strong>Digital currency markets have seen decent gains this weekend as bitcoin touched another all-time high (ATH) on Saturday afternoon. Meanwhile, a number of other crypto assets have seen significant price rises as well, as the entire market capitalization of all 7,500+ digital currencies in existence is hovering above the $800 billion mark. …

Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion Read More »

Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020

<div class=”featured_image_container”> </div> <strong>The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume.</strong> Bitcoin (BTC) markets soared again on Wednesday morning, as …

Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020 Read More »

QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers

<div class=”featured_image_container”> </div> <strong>This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment.</strong> America’s central bank met …

QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers Read More »

Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’

<div class=”featured_image_container”> </div> <strong>The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% …

Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’ Read More »

Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold

<div class=”featured_image_container”> </div> <strong>Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that …

Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold Read More »

Shawarma connoisseurs serve up perfect recipe for Bitcoin adoption

A Canadian restaurant chain known for serving shawarma, hummus, and other Middle Eastern delicacies has dropped some serious truth bombs about why Bitcoin (BTC) is a better store of value than gold. In a series of tweets, Ontario-based Tahini’s Restaurants explained why Bitcoin — and not gold — is the best way to preserve one’s …

Shawarma connoisseurs serve up perfect recipe for Bitcoin adoption Read More »

Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand

<div class=”featured_image_container”> </div> <strong>The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also said that cryptocurrencies will continue to do well next year, as he believes increasing bitcoin …

Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand Read More »

Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’

<div class=”featured_image_container”> </div> <strong>Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as a great number of distinguished individuals believe …

Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’ Read More »