Peter Schiff Explains Why Gold's Price Is Rising — Warns Bitcoin Is a 'Gigantic Bubble' – Markets and Prices Bitcoin News

Bitcoin News— Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […]

Bitcoin News—Economist Peter Schiff Declares 'Bitcoin Fad is Over' as Gold Prices Soar – Featured Bitcoin News. After the overnight Israeli retaliatory strikes against Iran, gold prices have settled around $2,388 per ounce, having briefly touched the $2,400 mark right after the events. Over the last five days, gold has increased by 1.85%, while bitcoin has declined by 8% since the onset of the conflict last Saturday, April 13. Following last night’s […]

Bitcoin News—NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market – Markets and Prices Bitcoin News. Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This week, NFT revenues fell 25.48% compared to the previous week. […]

Bitcoin News—Bitwise: Bitcoin Halving Is a 'Sell the News' Event, Market Underestimates Long-Term Impact – Markets and Prices Bitcoin News. Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]