Litecoin grapples with ‘double top’ risks after LTC price rallies 37% in November
The classic bearish setup projects Litecoin’s price potentially falling to $200 in the coming sessions.
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Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin
Egyptian billionaire Naguib Sawiris has said he remains bullish on gold and has no intention to invest in cryptocurrencies like bitcoin because such investment is a very risky business. Sawiris…
‘#DropGold worked’ — Grayscale ‘flippens’ world’s largest gold fund as AUM hits $60B
The cryptocurrency investment giant has also seen "massive" options volume as gold takes a fresh beating and institutions seek Bitcoin exposure.
Jefferies’ Chris Wood Boosts Bitcoin (BTC) Exposure to 10%, Trims Gold
Selling gold for Bitcoin (BTC) appears to be the new strategy among some investors. Jefferies’ Christopher Wood is no exception. He is now trimming his allocation to the precious metal…
Mad Money’s Jim Cramer Invests in Crypto Because ‘There Could Be Millions of Greater Fools Out There’
The host of Mad Money, Jim Cramer, has some advice for crypto investors. “As long as you recognize the very real possibility that the whole investment case for crypto rests…
Russia’s Leading Neobank Considers Adding Cryptocurrency Services: Report
Tinkoff Investments – the online brokerage portal of the Russian bank Tinkoff – could turn its sight towards the digital asset industry due to increased customer demand. However, the institution’s…
SkyBridge’s Scaramucci: Investors Doing Their Homework Will Buy Bitcoin
Anthony Scaramucci – Founder of the investment company SkyBridge Capital – has proved numerous times that he is a keen bitcoin advocate and a hodler. In a recent interview for…
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…
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…