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Bitcoin To Flourish With Or Without Trump's Support, Says Expert: Fed's Rate Cuts Could Make People More 'Inclined' To Buy BTC
Saturday, March 22, 2025 - 5:48am | 545Bitcoin (CRYPTO: BTC) is expected to reach a six-figure valuation by 2025, according to Nigel Green, CEO of deVere Group. This prediction comes despite the lack of explicit support from U.S. President Donald Trump. What Happened: In a recent video update, Green discussed the potential for Bitcoin...
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December Jobs Report A 'Wake-Up Call For Anyone Betting On Rate Cuts,' Analyst Says
Friday, January 10, 2025 - 12:19pm | 625The U.S. economy closed 2024 with a robust jobs report, adding 256,000 payrolls in December, far exceeding expectations. Despite the strong showing, economists are cautious, citing the continued inflationary pressures that may deter the Federal Reserve from cutting rates anytime soon. A Resilient...
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Why This Analyst Says Bitcoin Will Reach $50,000 By End Of March
Saturday, March 5, 2022 - 2:34pm | 361On Friday, Bitcoin (CRYPTO: BTC) broke below the $42,000 level to a low of $38,805.85. The sudden drop occurred after the apex crypto had been building upward momentum for the previous week. So far, Bitcoin is down about 15% in 2022 YTD, and is off more than 40% from its record high of...
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Gold Is Outperforming Bitcoin And The Stock Market In The Past 3 Months: What's The Better Hedge?
Friday, January 21, 2022 - 9:35am | 421In the past three months, investors have grown increasingly concerned about the negative potential impact of elevated inflation levels and rising interest rates in 2022. But while stock prices and cryptocurrency prices have lagged, gold has outshined them both. Golden Performance: In the past three...
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Nigel Green Says Bitcoin Price Could Continue Rising Until Q2 of 2022 As Concerns Over Inflation Rise
Saturday, November 13, 2021 - 2:10pm | 316DeVere Group CEO Nigel Green says the price of Bitcoin (CRYPTO: BTC) is likely to last until at least the beginning of the second quarter of 2022. “This latest data out of the U.S. will only compound global fears about inflation as price pressures run hot around the world,”...
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5 Things To Consider When Choosing A Cryptocurrency Exchange
Tuesday, February 9, 2021 - 4:46pm | 484The Grayscale Bitcoin Trust (OTC: GBTC) traded higher by another 5.6% on Tuesday as the price of bitcoin soared above $46,000 following news that Tesla Inc (NASDAQ: TSLA) bought $1.5 billion of the popular cryptocurrency. Influential Tesla CEO Elon Musk has been hyping up cryptocurrencies Bitcoin...
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3 Catalysts That Could Drive Stock Prices Higher In 2021
Wednesday, December 30, 2020 - 6:20pm | 387The SPDR S&P 500 ETF Trust (NYSE: SPY) is on track to finish 2020 up about 15.5% on the year. But with the global pandemic still raging and stock valuations at historically high levels, investors are understandably concerned about whether the market rally will continue in 2021. Bullish...
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UK Reaches Last-Minute Brexit Deal With EU
Thursday, December 24, 2020 - 2:39pm | 523Just days before a Dec. 31 deadline, the U.K. and the European Union have agreed to terms on a historic Brexit deal that establishes a framework for how European commerce will work starting in January. What Happened: More than four years after the U.K. voted to leave the European Union, the EU...
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Will Bitcoin 'Rise 50% And Possibly Double' In 2021? These Pros Think So
Thursday, December 17, 2020 - 1:30pm | 498Bitcoin gained another 13.1% in the past 24 hours and was trading above $23,500 for the first time in history on Thursday morning. The bitcoin rally has triggered a wave of new bullish bitcoin targets on Wall Street, and deVere Group is now calling for at least 50% more upside in 2021. deVere Group...
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Bitcoin Crosses $20K For The First Time. Is This Rally A Repeat Of 2017?
Wednesday, December 16, 2020 - 10:48am | 444Bitcoin hit a new all-time on Wednesday, topping the $20,000 level for the first time and sending the Grayscale Bitcoin Trust (OTC: GBTC) higher by 8.1%. Bitcoin flirted with its 2017 highs of $19,850 a couple of weeks ago before pulling back. The popular cryptocurrency took out those levels on...
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Irrational Exuberance? Stocks Surging, Markets At All-Time Highs On Pfizer's COVID-19 Vaccine News
Monday, November 9, 2020 - 11:01am | 758The S&P 500 skyrocketed 3.2% on Monday morning following news from Pfizer Inc. (NYSE: PFE) that its coronavirus vaccine candidate is more than 90% effective. While the news triggered a broad market rally, stocks that have been hit hardest during the pandemic were some of the market’s...
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Worst-Case Scenario Off The Table? Market Experts React To Election Results
Wednesday, November 4, 2020 - 2:35pm | 568The SPDR S&P 500 ETF Trust (NYSE: SPY) ripped higher by 3.2% on Wednesday as many swing states continue to count election votes. The election is shaping up to be one of the closest in history, and several analysts and experts have weighed in on what that could mean for investors in the days and...
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How The 'SIT Process' Can Ensure A Comfortable Retirement And Financial Freedom
Thursday, October 15, 2020 - 5:20pm | 515Planning for retirement can seem complicated, intimidating and completely overwhelming at first. But by taking just a handful of small, simple steps, anyone can pave a path to the retirement of their dreams. In a blog post this week, Nigel Green, founder and CEO of deVere Group, recommended all...
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Millennials Have $68 Trillion Coming Their Way From 'Greatest Wealth Transfer In History'
Monday, October 5, 2020 - 2:15pm | 479Over the next three decades, the world will witness potentially the largest wealth transfer in history as Baby Boomers pass on their massive asset stockpiles to their children and other heirs. While millennials are sometimes stereotyped as financially irresponsible, a new survey conducted by deVere...
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Poll: Global Investors Very Concerned About A Contested US Election
Monday, September 28, 2020 - 3:15pm | 421The SPDR S&P 500 ETF Trust (NYSE: SPY) started off the week on a strong note ahead of the first U.S. presidential debate on Tuesday night. According to a new poll conducted by deVere Group, investors around the world are very concerned about fallout from the November elections. What To...