CandleFocus Can Bitcoin Surpass Gold in Value?
2024-11-20
Author: Content Editor
Macro investor Luke Gromen believes that Bitcoin has the potential to outperform gold as an investment due to its unique advantages. He highlights Bitcoin's favorable stock-to-flow ratio and expanding network effect as factors that could increase its long-term value. Gromen also points out that Bitcoin's stock-to-flow ratio is higher than that of gold, suggesting that as Bitcoin becomes scarcer, its value will appreciate. Despite Bitcoin's price volatility, Gromen argues that its long-term performance has been better than that of gold. However, caution and risk management are necessary when investing in Bitcoin, especially during times of economic uncertainty.
Related News
Ethereum dominates stablecoin liquidity with a staggering 52.59% share Whale Raking in Profits Amid $POPCAT, $BONK and $GIGA’s Surge SEC delays making a decision on Franklin Crypto Index ETF dubbed EZPZ Another Company Announces Bitcoin Acquisition Plan After MicroStrategy What are utility tokens? Understanding their function and benefits Charles Hoskinson says Coinbase CEO is the “only one candidate” for Crypto-Czar at the White House FET Breaches Key SMA Level, Will Bears Push Prices Lower? What the US election outcome spurred in crypto land Chainlink (LINK) Pumping, Analysts Predict Surge To $18 Charity Platform JustGiving Adds Support for Bitcoin, Dogecoin Donations MINA Coin Introduces New Features and Price Goals US charges five individuals linked to ‘Scattered Spider’ crypto theft Solana marks a record daily inflow of new stablecoins What are nodes in blockchain? A guide Meme Coin Bloodbath as PEPE, BONK, WIF, PNUT, POPCAT Dump by Double Digits Mantra (OM) Price Hits All-Time High but Momentum Shows Signs of Weakness SEC sends reparations to BitClave ICO investors eToro Secures New York License, Eyes Global Expansion Possible Floki price breakout on the horizon after Coinbase listing Ripple (XRP) CEO Brad Garlinghouse Speaks Live After New Record in Bitcoin Crypto wallet Phantom outranks WhatsApp and Instagram among top free iPhone apps Are spot Bitcoin ETF options traders really expecting a $176K BTC price? BREAKING: New Info on Spot ETF Application to Include Both Bitcoin and Ethereum! South Korea bans ETFs tracking crypto-related companies Fmr House Speaker warns partisan gridlock could derail Trump’s crypto plans The First Trillionaire Will Be Made in Crypto Stablecoin bill faces several challenges — former Senator Pat Toomey Stablecoin Wars: USDT’s 70% Share Signals a Shift in Preferences WIF Active Addresses Decline as $4 Level Slips Away Frank McCourt's Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership MoonPay breaks Solana transaction record twice in two days Coin Center’s Appeal Highlights Legal Dispute Over Tornado Cash and Its Impact on User Privacy Bitcoin overtakes silver as 7th largest asset after hitting $94k ATH Binance's CZ Warns About MacBook Vulnerabilities Bitcoin’s Future Challenged as XRP, XLM, and Stablecoins Gain Traction Bitcoin Boosts MicroStrategy (MSTR) to Higher Trading Volume Than Tesla and Nvidia Cardano (ADA) Whale Activity Jumps 145% As Price Eyes $6 MicroStrategy’s market cap on track to top Intel’s 2 cryptocurrencies to reach $1 billion market cap by year-end Bitcoin Smashes Another All-Time High as Crypto Analyst Says ‘Breakout Confirmed’ for BTC The blobs conundrum: Ethereum’s balancing act Will FLOKI Soar After Coinbase’s Game-Changing Move? Bulls take charge as Render (RNDR) breaks past $8 $4,000 Solana Price Possible As SOL Breaks Out Of Massive Cup And Handle Pattern Bitcoin Nears Major Breakout as RSI Hints at Market Shift Xandeum liquid staking program surpasses $8M with industry-leading APR RENDER Price Surges 48% In One Month, But Whale Activity and Trends Raise Doubts A perfect storm is brewing for Bitcoin This is the ‘easiest and surest’ 10x to 30x play in crypto, says investor Aerodrome’s Record-Breaking $80M Swap Fees: veAERO Voters Earn Big with a $6.08M Epoch High Dogecoin (DOGE) Market Cap Could Surpass Porsche and Mercedes-Benz If This Happens The Subtle Way AI Data Centers Boost Bitcoin Mining Economics Donald Trump to Appoint First-Ever White House Position for Crypto Real-World Assets Hit $13.26B On-Chain: A Closer Look at the Growth Trend Interview: Coinbase CSO Philip Martin shares secrets to outsmarting AI scammers Dogecoin Forms A ‘Nasty Triple Top’: Analyst Reveals What’s Next US election result will likely lead to better crypto regulation: S&P analysts Will Dogecoin & Shiba Inu Continue Their Parabolic Run Ahead? Cardano price breaks out; popular crypto pro sees it hitting $10 Dojima Foundation Launches Omnichain Web To Advance Development Of Cross-Chain Applications Crypto expert explains why BONK price could go parabolic Dominican Republic halts Worldcoin operations amid biometric data concerns Can Bitcoin Surpass Gold in Value? Bitcoins hits new record high above $94K, signals continuation of larger uptrend 3 Altcoins to Track in the Third Week of November 2024: APT, FLOKI, SOL Webull expands crypto futures offering with Coinbase Derivatives Story Partners with Ankr to Drive Blockchain-Powered IP Development Revolutionizing Energy with Blockchain: Insights from Powerledger Co-Founder Dr. Jemma Green XRP Price Crash: 5 Warning Signs to Watch Concerns grow over Cronos (CRO) price drop after 111% surge BREAKING NEWS: And It Happened – Coinbase Lists Highly Anticipated Memecoin Canada’s SOL Global Raising Millions to Buy Solana Tokens Polygon Holds Steady at $0.37 But Is it Time to Worry About SAND and AAVE? Modular DEX protocol Valantis raises seed round at $40 million valuation Price analysis 11/20: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, SHIB, TON, AVAX DeFi’s Renaissance Top Cardano Analyst Says You are Not Bullish Enough on ADA Will Solana Price Hit $500 In November? Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor Whale Accumulation Rises Amid Bitcoin Options ETF Launch as BTC Hits $94K ATH Over 60% of Pump.fun Meme Coins Traders Are Losing Money Notcoin and Helika Gaming launch Telegram Gaming Accelerator Shiba Inu Price Forecast: 4 Reasons Why You Should Not Sell SHIB Prediction markets could hold the key to seeing the future, say observers CHART: FTX and Alameda execs get a total of 34.5 years in prison VeChain sees a breakout: Will VET hit $0.05 soon? Truflation and LandX to bring indexed agricultural commodities to DeFi Here’s why analysts are turning bullish on ADA $100K Bitcoin next? No euphoria ‘encouraging’ as BTC price breaks new highs Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin Miners Going Nuclear: A Symbiotic Synergy ZachXBT: Scammer Stole Over $6.5 Million by Impersonating Coinbase Support Ethereum (ETH) Price Lags BTC and SOL Amid Whale Uncertainty Aave’s Loan Volume Triples YTD, Currently Exceeds $10B Arkham Exchange to Launch Spot Trading Restricted to US Users XRP Could Shatter $20 Level ‘Easily,’ According to Crypto Analyst – Here’s His Outlook SUI Hits All-Time High, But Weakening Trend Halts $4 Breakout Solana (SOL) Scores Major Win Over Ethereum: Details Solana’s record $318B transfer volume ‘bot driven’ — Will SOL price suffer? Cardano price risks erasing 40% of 'Trump Trade' gains by December Cyvers launches institutional crypto security tool for $4B vulnerability Gamma Squeeze Frenzy: Could Bitcoin Prices Skyrocket Past Six Figures? 81.60% Polygon holders underwater- But is a recovery ahead? Chainlink Price Analysis: Can LINK Soar to $40 As Historic Pattern Repeats? Logan Paul faces allegations of undisclosed crypto promotions: Report Visa launched B2B Connect in Qatar after DLT regulations clarification Fhenix debuts upgraded Nitrogen testnet with Ethereum encryption BTC price all-time high above $94K comes amid Bitcoin sell-off warning 1.7 Billion XRP in 24 Hours, Here's What Changed Crucial Warning Issued Yet Again to Shiba Inu Community, Here's Why POPCAT’s Network Growth Falls to 2-Month Low as Price Struggles XRP and DOGE Among Kraken's New Margin Collateral Assets XRP Rockets 454% in Liquidation Imbalance as Bears Fuel Price Rally Litecoin (LTC) Nears All-Time Highs, But Not in Price XRP Reaches $1 Before Dogecoin and Cardano, What’s Next FTX co-founder won’t serve time in prison, judge rules Hedera Hashgraph Draws Attention to Innovative Applications of Its Distributed Ledger Technology (DLT) Mercado Bitcoin Launches MBRL, a Brazilian Real-Backed Stablecoin on Tron Hoth Therapeutics to buy up to $1 million worth of Bitcoin Dogecoin price déjà vu? Analyst predicts a 112% surge Binance Coin (BNB) Price Prediction for November 20 Galaxy Digital to raise $300m for Helios data center expansion Max Keiser: Bitcoin Gives MicroStrategy (MSTR) Unknown Ceiling MicroStrategy Raises Recent Convertible Notes Offer to $2.6 Billion to Buy More Bitcoin NFT Market Update: Pudgy Penguins Leads Collections, CryptoPunk #1522 Tops Sales BNB Price Forms A Risky Pattern: Is There A Path To $1200? Cardano (ADA) Price Prediction for November 20 Memecoin Launchpad GraFun Expands to Ethereum to Clinch New Users Almost 15 Billion Shiba Inu (SHIB) in 24 Hours: Are Whales Ready? Introducing the ASI Train: Stake FET Tokens for Rewards in DeSci Growth Police raid and alleged $78M bitcoin fraud rock India election Ripple to Welcome New Tokenized Funds: Details Solana (SOL) Price Pattern Points to Brief Dip, $260 Target Next Fundstrat’s Tom Lee Says Stock Market Sitting at Bullish Support Levels With ‘Trump Trade’ Still Intact XRP’s Time is Finally Here, Analyst Explores XRP ATH This Bull Run, is it Too Late to Buy Ripple’s XRP? Bitcoin ETF Options Introduction Marks Milestone, Despite Position Limits 'Sell It and Buy Bitcoin While You Still Can': Samson Mow to ETH Holders Why Is Dogecoin Price Up Today? DOGE Can Reach New All-Time High of $5 Gemini Foundation Launches BOME, GOAT, MEW, PNUT, and POL Perpetual Contracts With Up to 100x Leverage 13 Regions Face Crypto Mining Ban Under Russia's New Energy Policies Crypto Analyst Predicts Avalanche Price Could Surge To $200 $2.5 Billion Mega Shiba Inu (SHIB) Whale Revealed: Could This Be Ryoshi? Following BlackRock, Grayscale's Expected Bitcoin (BTC) Move Comes! Will Start Today! Cardano (ADA) in Epic Rally Phase as Bulls Fight to Breach $1 Experts predict SOL can hit $500 before the end of 2024 Kraken's founder Jesse Powell backs Brian Brooks for SEC Chair Bitcoin path to $200,000: Technical indicators signal aggressive rally ahead The Graph explodes 10%, bulls eye breakout 3 Cryptocurrencies That Reached All-Time Highs Today — November 20 Cardano (ADA) Whales Wake up From Their Sleep En Masse Why These Altcoins Are Trending Today — November 20 Canaan rises 4% after securing Bitcoin mining partnership with Luna Squares Texas Shiba Inu Lead Breaks Silence on Plan for SHIB Ecosystem: Details Swiss-Based Asset Manager 21Shares Unveils Major Innovation for Ethereum! Here Are the Details Crypto Analysts Agree: Pepe Coin Price Will Blast to ATH Soon Sui Technology Shines: IOTA Integrates Mysticeti in Historic Upgrade Trump Onboards Crypto Leaders, But Ripple Raises Concerns Expert Says Ethereum is Set to Outperform Bitcoin as It Targets $10K, Citing Technical Details That Support Bullish View Switzerland’s FINMA warns of money laundering risks with crypto Render Price Targets $10 as Channel Breakout Pushes Past $8 Pump.fun clone Emojicoin goes live on Aptos blockchain XRP’s Edge: What Sets This Cryptocurrency Apart? Can Sui Price Soar to $18 After 740% Rally and Outperform Solana? Japan PM vows to include tax cuts for crypto in stimulus package Cardano (ADA) Soars by 14%, Bitcoin (BTC) Remains Above $93K After New ATH (Market Watch) Is $0.00010 Within Reach for BONK After 221% Surge Pushes It Into the Top 30? HBAR Becomes Top Loser with 20% Drop After SEC Chair Rumor Twist Can Solana flip Ethereum? Find out what’s at stake for your crypto holdings BONK hits new all-time high following Upbit listing Vitalik Buterin Made Crucial Ethereum Statement Franklin Templeton makes bold prediction for Open-Source AI and crypto How Will the Approval of Bitcoin ETF Options Affect BTC Price? Here are the Predictions XRP Market Surge: Nearly $1 Billion Snapped Up by Whales in One Week Renowned Founder Shares Bitcoin and Ethereum Price Predictions for 2025 Is Cardano $1 Rally Now on Cards After This Massive Breakout? BIS Report Questions Decentralization of Liquidity Provision in Uniswap Amid Institutional Dominance User Recovers $129 Million in USDT After Losing Funds to Phishing Attack Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says MicroStrategy Breaks Into the Top 100 U.S. Public Companies by Market Cap China ousts former digital currency chief over alleged corruption involving crypto Bitcoin Faces ‘Bank Run’ Vulnerability, Warns Cyber Capital Founder Justin Bons Dogecoin Founder Highlights Poor ETH Performance Compared to BTC and DOGE Savvy memecoin trader makes $988K in 3 hours despite rug pull Hong Kong Cyberport Web3 network grows to 270 blockchain firms Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC PENDLE soars 355% YTD: ATH in sight if THIS happens Crypto Exchange Archax to Offer Tokenized Money Market Funds from State Street, Fidelity International and LGIM How Bitcoin became a ‘lifeboat asset’ amid Ukraine-Russia conflict Spot Bitcoin ETFs inflows surge 220% amid options launch India’s central bank signals no rush for digital currency implementation Shiba Inu Lead Reacts as Whale Turns $10K in SHIB to $2.5B and Continues to Hold Since Launch Metacade and SuperVerse Partner to Revolutionize On-Chain Gaming with Pool Prizes on Base Blockchain Binance Continues to Delists! 5 More Altcoin Trading Pairs Delisted from Spot Trading! Haru Invest declared bankrupt amidst alleged $1b investor fraud This Bitcoin Miner from Wall Street Bleeds Red Ink in Brutal Quarter $100,000 Bitcoin Likely To Trigger 2025 Altseason, According to Analyst Benjamin Cowen Shiba Inu Price Correction: Can SHIB Dip to $0.00002? Cardano’s rally continues with 5-month high whale transactions US Treasury warns against using all cross-border payment systems that don’t align with its standards Cardano (ADA) decouples from the altcoin pack, nearly matching its 8-month high Meta's Mark Zuckerberg Could Teach DAOs, Like Compound, a Governance Lesson Cardano Rallies 137% in 2 Weeks, But This Key Factor Limits Its Potential Fidelity's Timmer Says Bitcoin Rally Is Following Old Playbook Crypto Exchange Woo X Adds AI-Powered Trader ‘George AI’ to Its Copy Trade App South Korea Debates Raising Crypto Tax Exemption to $35,900 Bitcoin Price on the Rise: Is There More Fuel for the Rally? Pro Crypto Traders Are Leveraging IBIT Options to Bet on BlackRock’s Bitcoin ETF Doubling to $100: Observers XRP price is losing momentum: Can Ripple still surge to $1.5? Anthony Pompliano Urges US To Print $250B For Strategic Bitcoin Reserve Bitcoin’s New $94K High: Why Isn’t Anyone Celebrating? Analyst Predicts 5,100% Dogecoin Price Surge as Bitcoin Reaches New ATH XRP Price Signals Downside Correction: Is a Pullback Coming? How Much Could Solana Price Rise This Week? Bitcoin Momentum: Stochastic RSI Hints at Major Growth Potential Cardano Price: Will ADA Soar To $1 or Fall After 144% Rally? Trump Media shares ride post-election, potential crypto acquisition wave AAVE sees rising institutional interest: Will this drive the next rally? Ethereum Price Faces Challenges: Will It Find Traction Soon? Ripple Labs To Boost RLUSD Adoption With Mercy Corps Partnership Floki Inu’s Community-Driven Revival: From Rug Pull to Crypto Champion ? IBIT trading options launch, Bitcoin tap new all-time high $94k Blackrock Exec Debunks Bitcoin Myths: ‘It’s Not a Risk-on Asset’ Securitize Unveils Vault System to Revolutionize Institutional Defi Liquidity Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa YGG Unveils Onchain Guilds on Coinbase’s Base, Expanding Blockchain Ecosystem in the Philippines Orderly Network Partners with KODA: Dominating South Korea’s Crypto Custody Market with 80% Share! DWF Labs Launches $20 Million Fund for Meme Coin Creators China bares CBDC upgrade; Australia’s Project Acacia underway Phantom ‘crypto’ wallet update locks users out of iOS wallet Cardano’s Price Eyes $1, Will Consolidation Propel ADA 30%? Why is Bitcoin Price Up Today? Bulls Break $92k, Eye $100k Next XRP Price Prediction For November 20 Analyst Reveals How XRP Price Can Reach $20 ‘Free Roger’ Ver gains momentum, Charles Hoskinson adds support as open letter reaches 2,744 signatures Here’s Why Dogwifhat (WIF) Price Ready For New High Bitcoin (BTC) Hits Crucial Price Level: Details, Here's Why Shiba Inu (SHIB) Is Moving Like Snail, Solana (SOL) Pushes to $300 as Billions in Volume Flow In Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC This early whale still holds Shiba Inu (SHIB) worth $2.5B Michael Saylor to pitch Microsoft board on Bitcoin buying strategy BlackRock Bitcoin ETF's 'unheard of' first-day options trading volume pushes BTC to new all-time high $HBAR, $BONK, $XRP, and More Ready for Big Moves: Top 10 Assets in the Accumulation Phase Just In: Bitcoin Price Breaks New ATH Above $93,800 BlackRock Exec Refutes 'Risk-On' Tag For Bitcoin, Here's Why It’s all about content: How Solana meme coin reached a $300m market cap with viral videos? Binance Unveils Major Update for SHIB, ADA, FLOKI and HBAR, What's Next? Bitcoin Slumps from $93,000 Peak as Long-Term Holders Cash Out $3 Billion NEIRO Rebound to $0.0030 Likely as Profit-Taking Stays Minimal