{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=DE&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=2021%2C+Set+to+Be+The+Year+of+Gold+%26+Bitcoin%3F&text=According+to+Frank+Holmes%2C+Bitcoin+and+gold+are+poised+to+enjoy+a+healthy+2021+with+rising+prices+and+bullish+adoption.&text=If+2020+has+taught+us+anything%2C+it%27s+that+everything+can+turn+on+a+dime+-+and+that+knock+on+the+effect+on+the+economy+can+yield+interesting+results+across+the+financial+sectors.+While+fiat+currencies+have+struggled%2C+safe-haven+assets+have+benefitted+from+this+year.+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Ftrading-platforms%2F%22%3EBitcoin+and+gold%3C%2Fa%3E%2C+in+particular%2C+have+enjoyed+healthy+growth+to+find+new+support+levels+throughout+the+year+and+might+be+set+to+end+on+a+strong+note.%0A%0AFrank+Holmes%2C+CEO+of+U.S.+Global+Advisors%2C+believes+this+could+traject+the+price+of+both+gold+and+cryptocurrencies+to+hit+new+heights+if+things+shape+up+well+in+the+new+year.+In+an+%3Ca+href%3D%22https%3A%2F%2Fwww.kitco.com%2Fnews%2F2020-12-07%2FFrank-Holmes-2-600-gold-is-very-doable-Bitcoin-Ethereum-s-future-explained.html%22%3Einterview+with+Kitco+News%3C%2Fa%3E%2C+the+CEO+offered+that+the+steady+growth+will+result+in+a+%22tremendous%22+year+for+the+safe-haven+assets+and+that+Bitcoin+and+Ethereum%2C+in+particular%2C+will+perform+extremely+well+along+with+gold.+With+adoption+on+the+rise%2C+individuals+less+cautious+of+the+cryptocurrency+industry%2C+and+convenience+in+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-celebrities%2F%22%3Eb%3C%2Fa%3E%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcfd-brokers%2F%22%3Euying+Bitcoin%3C%2Fa%3E%2C+he+noted%3A%0A%0A%3Cem%3E%E2%80%9CThe+number+of+wallets%2C+people+that+are+embracing+bitcoin%2C+that%E2%80%99s+been+growing+for+the+past+three+years.+Nice+steady+growth.%E2%80%9D%3C%2Fem%3E%0A%3Ch2%3EBitcoin+price+driven+by+supply+and+demand%3C%2Fh2%3E%0AHolmes+continued+to+suggest+that+Bitcoin%27s+price+surge+comes+from+May%27s+halving+event+when+Bitcoin+mining+rewards+were+sliced+in+half.+With+the+demand+increasing+and+the+supply+slowing+down+%28a+supply+which+is+capped%2C+like+gold%2C+to+a+limited+amount+and+will+eventually+be+mined+up+entirely%29.+He+offered%3A%0A%0A%E2%80%9C%3Cem%3EIf+tomorrow%2C+if+all+the+gold+mines+in+the+world+said+we%E2%80%99re+going+to+cut+supply+by+50%25%2C+I+can+assure+you+gold+will+be+at+%2410%2C000.%3C%2Fem%3E%E2%80%9D%0A%0AAlthough+the+industry+is+speculative+and+volatile+in+its+nature%2C+Holmes+noted+that+the%3Cem%3E%C2%A0%22supply-demand+function%3C%2Fem%3E%E2%80%9D+will+increase+Bitcoin+adoption+as+how+much+Bitcoin+is+mined+daily+drops+coupled+with+new+retail+and+institutional+investors+entering+the+market.+If+this+rate+of+adoption+and+interest+in+cryptocurrency+continues%2C+2021+will+be+a+strong+year+for+both+commodities+and+cryptocurrencies%2C+which+would+result+in+an+impressive+price+surge+and+continued+bull+rally.","timeout":15}