Bitcoin an 'Emerging Competitor' to Gold, Says CME's Chief Economist
Blu Putnam said gold's ongoing production, likely to increase this year, contrasts with bitcoin's fixed supply.
Bank of Singapore Says Crypto Could Replace Gold as Store of Value
Cryptocurrencies need to overcome a number of hurdles first, though, according to a research note.
Bitcoin Investment Makes Sense in Current Economic Climate: Former Fed Governor
"I guess if you are under 40, bitcoin is your new gold," Warsh said.
Market Wrap: Bitcoin Closes 2020 Near Record Highs
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
Jefferies' Wood Cuts Gold Exposure in Favor of New Position in Bitcoin
Christopher Wood, global head of equity strategy at investment firm Jefferies, cut his exposure to gold for the first time in years in favor of bitcoin.
Crypto Long & Short: Bitcoin's Relationship With Gold Is More Complicated Than It Looks
Just because gold is losing momentum and bitcoin is gaining it doesn't mean investors are selling gold to buy bitcoin – not yet, anyway.
Bitcoin's Rising Popularity With Investors Means Gold Will 'Suffer': JPMorgan
"The adoption of bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced," a JPMorgan managing director wrote in the report.
First Mover: Why Bitcoin Isn’t a Replacement for Gold Just Yet
Bitcoin's price is approaching a new all-time high, but bitcoin is not yet the replacement for gold many think.
BlackRock's Chief Investment Officer Says Bitcoin Could Replace Gold to a Large Extent
Rick Rieder, CIO of Fixed Income at investment giant BlackRock, told CNBC that bitcoin and cryptocurrency are "here to stay."
Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation Hedge
The Deutsche Bank analyst's comments are another sign of bitcoin's increasing acceptance in the mainstream of finance.
