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

Big Money Is Moving Into Small Gold Stocks | Anthony Milewski – The Oregon Group

They’re Uncovering a District of Gold and Silver | John Skeet – Mithril Silver and Gold

Everybody Should Own Gold | George Bee – U.S. Gold Corp.

Recommended

First Majestic Produces 3.4 Million Ounces of Silver in Q3 2026, Jerritt Canyon Restart Remains on Track

Altamira Gold Drills 134 Metres of 0.5 g/t Gold at Maria Bonita, Hole Ends in Mineralization

Related News

Flat Gold Project: Tectonic Metals’ Tier One Opportunity

At The Rule Symposium in Boca Raton, Florida, Tony Reda, President and CEO of Tectonic...

Thursday, July 11, 2024, 07:15:00 AM

DigiCrypts To Launch AI-Based Predictive Crypto Trading Tool

The trading of cryptocurrencies appears to be going high tech. DigiMax Global Solutions (CSE: DIGI)...

Thursday, October 29, 2020, 02:17:00 PM

Bank Of America Lowers Gold Price Target To $2000? – The Daily Dive feat John-Mark Staude

Returning to the Daily Dive today is that of John-Mark Staude of Riverside Resources (TSXV:...

Wednesday, December 16, 2020, 01:00:00 PM

UPDATED: Gary Gensler Says SEC Twitter Account Hacked Claiming Bitcoin ETF Approval

Gary Gensler, chairman of the SEC, is reporting via Twitter that the US Securities and...

Tuesday, January 9, 2024, 04:18:07 PM

Superior Gold Produces 19,356 Gold Ounces For Q2 2021

Superior Gold Inc. (TSXV: SGI) announced today its production results for Q2 2021, highlighting gold...

Wednesday, July 14, 2021, 09:44:00 AM