Galaxy Research predicts a bullish year for Bitcoin in 2025, projecting prices to surpass $ 150,000 and potentially reach $ 185,000 in Q4. Bitcoin Market Cap to Reach 20% of Gold’s Galaxy Research, an arm of the digital asset management firm Galaxy, projects bitcoin (BTC) to surpass $ 150,000 in the first …
Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $ 2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already been predicted by several analysts and institutions, who …
UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’
Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […]
Economist Peter Schiff Criticizes Lackluster Media Coverage of Gold’s Bull Market
Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to record highs. However, Schiff characterized this lackluster coverage and the absence of experts addressing this subject as “bullish.” Economist Peter Schiff Blasts Economic News Sites […]
Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by broader financial factors. Jack Mallers, the founder of Strike, shares this sentiment, asserting that “bitcoin is the best expression of […]