his year has definitely started with a “not so bad” note. Only a few days ago, Bitcoin jumped up to $9,084 – its highest price since 10 May 2018. However, an overwhelming rally was short-lived as its price returned below $8,600 just minutes later. At the moment of writing, BTC was trading between the $8,400 …
“Bitcoin needs gold to exist,” writes Sebag. “Gold doesn’t need Bitcoin to exist.” While Sebag is splitting hairs here – after all, bitcoin, as a digital asset, is invisible, tasteless, and odorless while gold is a physical object you can wear around your neck – his point is simply that we shouldn’t yet discount gold …
A CFD is a contract executed between two parties, both a buyer and a seller, meaning the vendor pays the buyer the gap between the existing value of an asset and its value once the contract is expected. There isn’t any physical exchange of resources (which may be a physical conversation, money set or product …