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JPMorgan: Inflation Hedge Narrative Propelled Bitcoin’s Price to ATH

Strategists at the financial institution JPMorgan Chase & Co. argued that the reason behind BTC’s all-time high price is not the launch of the ProShares Bitcoin Strategy ETF. Instead, concerns…

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Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge

Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul…

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Fidelity’s Jurrien Timmer: BTC Will Reach $100K in The Next Couple of Years

Jurrien Timmer – Fidelity’s Director of Global Macro – believes bitcoin will trade at $100,000 by 2023. Regarding its correlation with gold, he said both assets are “different players in…

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Coingecko Publishes Q3 Crypto Report — BTC Outperformed Every Major Asset Class, Altcoins Decouple

On Thursday, the crypto asset aggregation portal Coingecko published the firm’s 2021 third-quarter report which shows a number of different findings. According to the study, for the most part, the…

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Bitcoin Is Now World’s 8th Most Valuable Asset — BTC Now Targets Silver’s $1.31T Market Cap

The price of bitcoin had crossed the $60K zone at 1:30 a.m. (EST) early Friday morning. The leading crypto asset’s latest price jump has made it so bitcoin’s overall market…

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Billionaire Barry Sternlicht Bought Bitcoin and Ethereum for Inflation Protection

Despite saying that it is “crazily volatile,” the American billionaire Barry Sternlicht admitted he has personally invested in bitcoin. Apart from it, he also has some holdings of the second-largest…

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Billionaires are backing Bitcoin over gold … but some say Ethereum is even better

“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht.

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Poland’s Central Bank Says It Will Add 100 Tons of Gold to Existing Holdings in 2022

The Polish central bank, the National Bank of Poland (NBP), is reportedly planning to raise its gold reserves by 100 tons in 2022. According to bank governor Adam Glapinski, the…

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