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

Gold, Silver & the $1.48 Quadrillion Derivatives Threat | Lynette Zang – Zang International

These Mining Stocks Have Huge Upside… But Here’s the Catch | Oct. 19-23 – Weekly Mining Mailbag

Selkirk Copper: Why The PEA Discount?

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

Fortune Bay Intersects 1.04 g/t Gold Over 34.6 Metres

Fortune Bay Corp. (TSXV: FOR) today released their phase 1 drilling results for the Athona...

Tuesday, June 15, 2021, 09:28:00 AM

Malaysian Police Destroy Over 1,000 Bitcoin Mining Rigs With Steamroller Over Electricity Theft

Bitcoin just can’t seem to catch a break. Authorities in Malaysia have confiscated over 1,000...

Wednesday, July 21, 2021, 11:12:12 AM

Russia Drains 27.9 Tonnes of Gold in Four Months to Cover Record War Deficit

The Bank of Russia has sold 27.9 tonnes of gold since January — the fastest...

Saturday, May 23, 2026, 10:45:41 AM

Nevada: America’s Gold Mining and Exploration Leader

In 1961, Newmont Mining (TSX: NGT) made a massive gold discovery near the town of...

Sunday, October 11, 2020, 09:00:00 AM

Is The Exploits Subzone The New Abitibi? – The Daily Dive feat Michael Collins

For the final episode of The Daily Dive for the trading week, we sit down...

Friday, April 30, 2021, 01:30:00 PM