Tags : Wild

Bitcoin

Bitcoin’s Wild Rally to $50,000 Turns Investors Away from Gold

Investors are cooling on gold as its digital rival Bitcoin takes the front seat in the race between the hottest hedging assets against inflation and fiat devaluation. Data fetched by the Commodity Futures Trading Commission shows a decline in hedge fund interests in the precious metal as focus shifts on rising nominal yields and the […]Read More

Bitcoin

Bitcoin Under Pressure as Focus Shifts on Wild Crypto Rivals

Bitcoin has every reason to continue its upside rally for the rest of this week, ranging from Tesla’s $1.5 billion investment to Twitter’s consideration of holding it. Nevertheless, the flagship cryptocurrency is going down. The BTC/USD exchange rate corrected sharply after hitting its record high of $42,000 on Tuesday, pointing to a spike in profit-taking […]Read More