Bitcoin Outshines Silver, Claiming 8th Largest Global Asset Title With $1.76T...
The unstoppable price run of Bitcoin, which started a day after the US presidential elections, is creating a ripple effect in the economy. There’s been a massive jump in value recently, with Bitcoin topping $89k earlier today, showing a 27% increase from the previous week. Then, there are record inflows into Bitcoin ETFs, pushing funds […]
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Bitcoin continues its incredible bull run, breaking the $900 USD mark and reaching an all-time high in market cap value of over $14 billion. Bitcoin Market Cap at All-Time High. Driven by global economic and political uncertainty, Bitcoin has had an amazing run since the beginning of 2016, earning the title of the best-performing commodity of 2016. In fact, Bitcoin is now bigger than Silver, SpaceX, Dropbox, and Twitter by market cap, according to Brave New Coin. The $800 USD mark went as fast as it came for Bitcoin, which is now sitting at around $910 after a 5.70% increase in the last 24....
While gold’s been teetering along at just under $1,750 per ounce, the price of silver has dropped considerably, sliding 2.33% in value against the U.S. dollar during the last 24 hours. Silver has lost more than 28% against the dollar during the last 165 days or since March 8, 2022. Despite the lower prices, David Morgan, the founder of The Morgan Report, believes silver is expected to see a crunch in supply. In ten years’ time, Morgan thinks silver will be one of the best investments of the decade.
David Morgan Insists the ‘Industrial Side Alone Is Probably Going....
CoinDesk is thrilled to welcome back Deloitte as a title sponsor for Consensus 2017, our third annual blockchain technology summit. Deloitte is one of the world's largest professional services firms, working with 90% of the largest financial institutions across its audit, tax, consulting and advisory businesses. Its blockchain team has invested substantial time and energy in evaluating the potential for this new technology to introduce new opportunities for its clients, and those investments will be on full display again next spring in New York City. Eric Piscini, principal at Deloitte,....
Blockchain-based record keeping solutions provider Factom has officially stalled its Honduras land title registry initiative announced earlier this year, due to complex political issues and procedures. The company has communicated with policy experts and land title software developers to discuss the future of its project. “I’ve had humbling conversations with many smart people in the world of international land title including a CEO of major title insurance company, international policy experts, and companies that have built and sold land title software for decades. They all agree that....
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped by 0.50%, while silver dropped by 0.74% on September 6. Meanwhile, a recent rise in U.S. Treasury yields has been concerning and one analyst thinks the anomaly could spark an American debt crisis. Stocks Sink Lower, Crypto Economy....