CryptoMediaClub
Saturday, September 13, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Ethereum

New survey says Bitcoin is safer than the US dollar — Watch The Market Report

17.05.2023
A A
0
133
VIEWS
ShareShare

On today’s episode of The Market Report, analyst and writer Marcel Pechman discusses if Bitcoin (BTC) is safer than the United States dollar, considering the U.S. government’s risk of defaulting on its debt. He also covers why Bitcoin’s $28,000 resistance will not be a walk in the park and, finally, what is happening between Celsius, Ethereum and Lido staking. The show airs every Tuesday on the Cointelegraph Markets & Research YouTube channel.

The first news article covers a Bloomberg Markets survey showing Bitcoin as a top 3 asset in the event of a U.S. debt default. For Pechman, it is no surprise that Bitcoin trumps fiat currencies in investors’ picks, considering the central banks from the eurozone, Japan, Canada, England and Switzerland boosted their borrowing programs from the U.S. Federal Reserve in March 2023. There’s a high correlation to fiat currencies, putting the asset class at significant risk if a U.S. debt default happens.

Pechman predicts that investors’ allocations in gold would be 10 times higher than Bitcoin’s due to the cryptocurrency’s lower market capitalization and high volatility. On the positive side, 11% of retail investors would add Bitcoin to their portfolio in the event of a government shutdown versus 46% for gold. What are the odds of Bitcoin breaking above $100,000 in the case of a government shutdown? No spoilers; check the show.

On to the show’s next topic: Pechman discusses why Bitcoin’s $28,000 resistance will likely prove stronger than expected. The recent correction down to $25,800 was probably caused by high transaction fees, but Pechman explains that the network worked exactly as intended and high fees are the network’s defense against spamming.

The problem holding back a quick recovery above $28,000 is professional traders’ positioning using derivatives. Before the event, whales and market makers were already neutral-to-bearish.

In the final part of The Market Report, Pechman explains the $780 million Ether (ETH) movement from the Lido staking platform by Celsius — the failed crypto lending platform. No one knows if the Ether (ETH) will be sold at market and eventually paid out in U.S. dollars to Celsius creditors. Don’t miss it! The show is available exclusively on the Cointelegraph Markets & Research YouTube channel.

Share10Tweet6ShareSharePin2

Related Posts

ProShares announces launch of short Ether-linked ETF
Ethereum

ProShares announces launch of short Ether-linked ETF

02.11.2023
0

ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.ProShares’s new...

Read moreDetails
Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

02.11.2023
Top Swiss bank launches Bitcoin and Ether trading with SEBA

Top Swiss bank launches Bitcoin and Ether trading with SEBA

02.11.2023
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

02.11.2023
3 reasons why Ethereum price is down against Bitcoin

3 reasons why Ethereum price is down against Bitcoin

02.11.2023
Load More
Next Post
‘One of the greatest’ Bitcoin metrics says BTC price bull run is here

'One of the greatest' Bitcoin metrics says BTC price bull run is here

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Magic Eden Adopts $ME as Official Token for Cross-Chain Trading

Magic Eden Adopts $ME as Official Token for Cross-Chain Trading

1 year ago
Ether Draws Institutional Bullishness, Bitcoin Remains Retail Favorite: Bybit

Ether Draws Institutional Bullishness, Bitcoin Remains Retail Favorite: Bybit

2 years ago
Top Crypto Gainers Today on DEXTools – BABYSORA, Spider, VEIL

Top Crypto Gainers Today on DEXTools – BABYSORA, Spider, VEIL

2 years ago
Blockchain could have prevented Nigeria’s naira scarcity — Local experts

Blockchain could have prevented Nigeria’s naira scarcity — Local experts

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Cardano Price Prediction: Falling Wedge Breakout + Whale Surge – ADA About to Have a Solana-Style Breakout

Fidelity’s $203 million debut puts Ethereum’s tokenized bills on $10B trajectory for 2025

Pepe Price Prediction: PEPE Breaks Out Ahead of DOGE ETF – Will Pepe Become the Next $1 Meme Coin?

Hong Kong Launches Project to Automate Management of Tokenized Funds

UK’s Largest Bitcoin Treasury Smarter Web Eyes ‘Struggling’ Competitor Acquisitions for Discount Prices

Sub-Saharan Africa Becomes World’s Third-Fastest Growing Crypto Region

Trending

REX-Osprey Solana ETF crosses $200M milestone as SOL hits seven-month high
Analysis

REX-Osprey Solana ETF crosses $200M milestone as SOL hits seven-month high

13.09.2025
0

The REX-Osprey Solana staking ETF (SSK) surpassed $200 million in cumulative flows for the first time on...

Best Crypto to Buy Now 12 September – XRP, Dogecoin, Pepe

Best Crypto to Buy Now 12 September – XRP, Dogecoin, Pepe

13.09.2025
XRP Price Prediction: XRP Targets $3.30–$3.70 as U.S. Spot ETF Goes Live

XRP Price Prediction: XRP Targets $3.30–$3.70 as U.S. Spot ETF Goes Live

12.09.2025
Cardano Price Prediction: Falling Wedge Breakout + Whale Surge – ADA About to Have a Solana-Style Breakout

Cardano Price Prediction: Falling Wedge Breakout + Whale Surge – ADA About to Have a Solana-Style Breakout

12.09.2025
Fidelity’s $203 million debut puts Ethereum’s tokenized bills on $10B trajectory for 2025

Fidelity’s $203 million debut puts Ethereum’s tokenized bills on $10B trajectory for 2025

12.09.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz