Gold Silver Reports (GSR) – Bitcoin Seen Popping Like the Greatest Bubbles by BofA — The cryptocurrency is tracking the downfalls of the other massive asset-price bubbles in history less than one year out from its record, analysts lead by Chief Investment Strategist Michael Hartnett wrote in a note Sunday.
Bitcoin
JC Sharma, Managing Director At Sobha Speaks
JC Sharma, Managing Director At Sobha Speaks Key highlights from the conversation: ⭐ Cochin and Chennai market contributed to traction. ⭐ See rise in sales from Bangalore in near term. ⭐ To launch new projects in various cities including Chennai. ⭐ Will be launching products in all categories. ⭐ Debt to equity ratio remains lowest …
Stocks Rally Third Day as Trump Team Eases Stance
Gold Silver Reports (GSR) – Stocks Rally Third Day as Trump Team Eases Stance — The S&P 500 Index bounced back from Monday’s selloff as investors grew more confident the administration’s protectionist rhetoric wouldn’t result in equally stringent policy. The rally took stocks to a two-week high. The dollar strengthened for the third time this week, while the 10-year Treasury yield popped above 2.82 percent.
Bitcoin Sinks Past $7,500 in Downbeat End to Dismal Quarter
Gold Silver Reports (GSR) – Bitcoin’s miserable quarter isn’t over yet. — The world’s biggest cryptocurrency by market value dropped more than 5 percent on Thursday, taking it below the $7,500 mark to the lowest level on a closing basis since early February, according to data compiled by Bloomberg. The slide took the token’s losses in 2018 to a whopping 48 percent, and other digital assets, including rivals Ripple and Litecoin, also fell.
Solid Gold Casts of Nelson Mandela’s Hands Sell for $10 Million in Bitcoin
It’s one of the more unusual deals in the art world. After more than a decade, an Alberta businessman has finally found a buyer for his prized collection of gold castings of Nelson Mandela’s hand. The final price? Ten million dollars — in bitcoin.
Bitcoin Mining Banned for First Time in Upstate New York Town
Gold Silver Reports (GSR) – Bitcoin Mining Banned for First Time in Upstate New York Town — A small lakeside town in upstate New York is fed up with Bitcoin miners using up so much of its low-cost electricity.
Bitcoin’s Premium to Gold Looks Set to Get Hit by Fed Hikes
Gold Silver Reports (GSR) – Bitcoin’s Premium to Gold Looks Set to Get Hit by Fed Hikes — Bitcoin’s soaring premium to gold is being eroded as the digital currency faces regulatory scrutiny and lower demand. The convergence is likely to accelerate with help from the Federal Reserve, according to Mike McGlone, a strategist at Bloomberg Intelligence, who says rate hikes have marked bitcoin tops and gold bottoms.
Bitcoin Is the New Gold
Gold Silver Reports — Bitcoin Is the New Gold — I hate to say I told you so, but … well, I told you so. Bitcoin, 1 while still a popular financial asset, is looking less and less like a currency. Online payments company Stripe is ending Bitcoin support. It cites several reasons for doing so:
Bitcoin Ready For Drop to $5,700 or $8,700
Bitcoin fell below $15,000 after the cryptocurrency’s biggest rally in two weeks ended a rout that wiped more than $9,000 off the price.
Crypto Proxy Stocks Rally as Bitcoin Rebounds Above $16,000
Gold Silver Reports – Crypto Proxy Stocks Rally as Bitcoin Rebounds Above $16,000 — Bitcoin’s rebound from a five-day rout has drawn investors back to stocks related to cryptocurrency and blockchain technology.