Foresight News Report, gold advocate and economist Peter Schiff tweeted, “Everyone expects Bitcoin to follow in the footsteps of gold and rise to new highs, but the market has given speculators too much time to buy in. A more likely scenario is that if Bitcoin cannot match gold’s gains, its narrative as ‘digital gold’ will be undermined, ultimately triggering a shocking crash.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Whale address pension-usdt.eth is shorting BTC and ETH while going long on crude oil, with a total position exceeding $80 million.
According to Lookonchain monitoring, the whale address pension-usdt.eth has been continuously shorting BTC and ETH, while going long on crude oil, with holdings reaching 1,000 BTC and 8,950 ETH. Since March 1, it has gained approximately $27 million with an 85% win rate.
GateNews37m ago
CryptoQuant Analysis: BTC is Approaching a Relatively Undervalued Zone
Gate News Report, March 11 — CryptoQuant analyst Dan Coinvestor, based on historical data analysis, pointed out that the BTC market has entered a range that is quite close to being undervalued.
GateNews37m ago
Babylon Integrates With Ledger, Allowing Efficient Access to Bitcoin DeFi Via Self-Custody
Babylon Labs, a decentralized protocol that allows Bitcoin holders to stake their BTC natively on various PoS (proof-of-stake) blockchains, today announced a strategic partnership with Ledger Hardware wallet, an advanced cold storage technology that enables users to securely protect their digital
BlockChainReporter54m ago
CryptoQuant: The amount of Bitcoin in loss has risen to 40-45%
Gate News Report, March 11 — According to CryptoQuant data, the supply of Bitcoin in loss is rising to 40-45%. The organization noted that this level is commonly seen in the early stages of a bear market.
GateNews58m ago
Bitcoin Could Flip ‘Highly Volatile’ Tag as Bulls Eyes $80K by April
Bitcoin paused in choppy trading near the $70,000 mark as markets priced in geopolitical risk and shifting macro cues. After weeks of rangebound action, bulls are betting that a sustained push above the key level could unlock the next leg higher, while bears warn a breakdown remains a possibility if
CryptoBreaking1h ago
Strategy Perpetual Preferred Stock STRC Yesterday's trading volume hit a new high of $409 million, with enough funds to buy 2,038 BTC
Gate News Report, March 11 — According to BitcoinTreasuries.NET data, Strategy Company's perpetual preferred stock STRC traded with a volume of $409 million yesterday, reaching a new all-time high, with the stock price above its $100 face value. This amount of funds could be used to purchase 2,038 BTC.
GateNews1h ago