NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal

“Perfect Storm” for Bitcoin Still Brewing, Claims Crypto Research Firm

Nick Chong
Nick Chong
1 year ago
2 mins read
bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin may be the beneficiary of a so-called “perfect storm”, according to industry research firm Delphi Digital, which recently released their quarterly macroeconomic-centric newsletter.

Related Reading: Is Bitcoin’s Success Simply the Result of Clever Marketing? This Critic Thinks So

Strong Digital Gold Narrative

In a recent Twitter thread breaking down their report, Delphi, backed by Anthony Pompliano, known for his catchphrase “Long Bitcoin, Short the Bankers”, made their case.

Firstly, they note that Bitcoin continues to remain totally uncorrelated (not positive or negative correlation) from key indices, like the S&P 500. Per Delphi, this is a sign that Bitcoin’s status as “digital gold” is being realized.

This uncorrelation comes in spite of the fact that there have been growing geopolitical and macroeconomic tensions, like the trade war between the U.S. and China, that have hurt many investments.

0/ The Perfect Storm for Bitcoin is Brewing.
Our team just released our Quarterly Macro Outlook, which digs deep into the key drivers behind Bitcoin’s long-term value proposition as a non-sovereign, digitally native store of value. Quick summary thread: https://t.co/cBcvmbcNkr

— Delphi Digital (@Delphi_Digital) August 3, 2019

The firm goes on to explain that the growing risk of currency devaluation should be a boon for Bitcoin and gold.

Ray Dalio, the legendary co-chairman of massive hedge fund Bridgewater Associates, wrote an impassioned blog post about a “paradigm shift” in the economy.

This paradigm shift, per the fund manager, will see “the value of money depreciate ” and “significant domestic and international conflicts. In other words, the writing is on the wall for an alternative asset and stores of value. Dalio recommends gold, but Delphi and other analysts have extended that to Bitcoin.

Bitcoin Becoming a Store of Value 

While Bitcoin is still far from the reserve asset of the world and has yet to fully benefit from the aforementioned “perfect storm”, it has started to show the characteristics of a safe haven asset.

Related Reading: Investment Firm: Bitcoin Might Already Be Better Than Gold, Here’s Why

As reported by NewsBTC previously, the latest Donald Trump tariff tirade led to interesting movements in the market. After the American President’s latest tweets and quips, stocks fell across the board, but safe havens — like the Japanese Yen, Swiss Franc, and gold — rallied.

Bitcoin, surprisingly, also rallied, with the start of its latest surge higher even lining up with the time that Trump published his tweet. What’s also interesting is the fact that gold and BTC have posted a very similar percent gain since the latest development in the tariff dispute.

Odd, right?

$BTC has rallied 📈 together with multiple safe-haven assets after Trump's latest tariff storm.

Will the trade war continue to be a catalyst for #Bitcoin's price growth? 🤔 pic.twitter.com/Ghf0eqvazF

— Binance Research (@BinanceResearch) August 2, 2019

This same characteristic of positive price action in the wake of the tariff news was also seen earlier this year, implying somewhat of a trend. The last time this happened, the Financial Times picked up this tidbit of information, as did other prominent media outlets and firms on Wall Street.

Also Coinmetrics, a data analytics service, recently determined that the number of untouched Bitcoin (unchanged UTXOs) over multiple time frames — including the one-year, two-year, and five-year — have continued to head higher, showing that many investors are starting to perceive the cryptocurrency as a store of wealth.

Featured Image from Shutterstock
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

dogecoin doge dogeusd

Dogecoin Price Falls 4% Today but Analysts Say Nasdaq Listing Could Reignite $1 Target

The Dogecoin price slipped roughly 4% on the day and 24% on the week, hovering near $0.20–$0.21 at press time....

James Halver 1 hour ago
Bitcoin Handles $14B OI Drop As Spot Volume Surged To $44B: Controlled Reset?

Bitcoin Handles $14B OI Drop As Spot Volume Surged To $44B: Controlled Reset?

Bitcoin is testing a critical support level near $110,000 after being rejected from the $116,000 supply zone, a level that...

Sebastian Villafuerte 2 hours ago
Binance Coin BNB BNBUSD

BNB Faces Sharp 10% Pullback After Record High: Is There a Deeper Correction Ahead?

After a blistering run to fresh all-time highs, Binance Coin (BNB) has seen a significant drop. Following a push to...

James Halver 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana

Historic Liquidation Event Highlights Solana Resilience Against Ethereum, Which Is Leading?

Godspower Owie 52 minutes ago

Wall Street Pepe 現已上線 Solana 統一 WEPE 代幣空投已到達

newsbtc 52 minutes ago

聯準會降息將至:比特幣、以太坊與加密貨幣市場是否迎來新一輪牛市?

Peter Chow 53 minutes ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の価格予測:クジラの買い集めで1ドル目標が再び注目される

    ドージコイン...

    10 hours ago
  • リップル 今後:SEC申請が示すETF承認間近の兆し、XRPが1,000ドルを目指す瞬間か

    リップル...

    11 hours ago
  • 仮想通貨プレセール最終週:新興トークンが上場前に100倍高騰の予測

    ...

    11 hours ago
  • 新しい仮想通貨が350万ドルを調達、専門家が「2025年最高のプレセール」と評価

    ...

    11 hours ago
  • 新しい仮想通貨が急上昇:トランプ・トークンが注目され、次世代ミームプロジェクトが4百万ドル目前

    ...

    12 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.