Mike McGlone: Bitcoin Is Replacing Gold – The Daily Dive

On this episode of the Daily Dive, Cassandra sits down with returning guest Mike McGlone, Senior Commodity Strategist from Bloomberg Intelligence. They discuss how bitcoin affects the US dollar, the crypto brokers disclosure provision in the US senate infrastructure bill, and why bitcoin could potentially replace gold.

Bloomberg Intelligence provides data-driven research from an independent perspective. The platform features interactive data and research across industries and global markets while also providing insights into company fundamentals. The firm also provides coverage across credit, equity strategy, ESG, government, fixed income and more.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Antimony Resources Expands New Discovery Following Trenching

Silver47 Kicks Off 7,000-Meter Drill Campaign at Nevada’s Hughes Project

Related News

Are Bitcoiners the Freedom Fighters of Capital? – The Daily Dive

Starting off the week on The Daily Dive today is Frank Holmes, Executive Chairman of...

Tuesday, April 19, 2022, 01:30:00 PM

Lundin Mining Slashes Candelaria Production Guidance

Lundin Mining Corporation (TSX: LUN) this morning reported that production guidance for 2021 at its...

Monday, June 21, 2021, 07:46:27 AM

Karora Reduces 2023 Gold Production Guidance As It Increases Focus On Nickel

Karora Resources (TSX: KRR) this morning posted its fourth quarter financial results, highlighted by topline...

Thursday, March 23, 2023, 08:38:59 AM

Gold Feeling Like It’s At A Low – The Daily Dive feat Greg Johnson

On the Saturday edition of the Daily Dive, our host Cassandra Leah sits down with...

Saturday, March 6, 2021, 01:30:00 PM

MicroStrategy Announces $400 Million Note Financing, $284.5 Million Bitcoin Impairment Charge

MicroStrategy (NASDAQ: MSTR) this morning announced that it intends to raise US$400 million via the...

Monday, June 7, 2021, 09:40:51 AM