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 $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Gold and Silver Delivery Is Exposing the Paper Market | Andy Schectman

Recommended

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

The Court Ruling And What Emerita Still Has In Play | David Gower – Emerita Resources

Related News

New Rule Requires Crypto Transactions Over $10,000 to Be Reported to the IRS

The crackdown on crypto continues. As part of President Joe Biden’s 2021 Infrastructure Investment and...

Thursday, January 4, 2024, 11:43:00 AM

New Found Gold Hits 29.1 G/T Gold Over 11.4 Metres In Further Step Out Drilling At Keats

New Found Gold (TSXV: NFG) this morning reported further results from its ongoing exploration program...

Monday, March 1, 2021, 08:33:36 AM

Trillium Gold Acquires Further Property Along NT Zone

The claims owned by Trillium Gold Mines (TSXV: TGM) appear to just keep on growing....

Monday, August 30, 2021, 08:26:11 AM

CME Group Launches Micro-Sized Bitcoin, Ether Options

CME Group has expanded upon its cryptocurrency offerings, this time launching options for its Micro...

Monday, March 28, 2022, 11:32:00 AM

Novo Resources Looks To Raise $22 Million Via Special Warrants

Novo Resources (TSX: NVO) is the latest firm to announce a financing this morning. The...

Wednesday, April 14, 2021, 08:49:40 AM