Gold and Silver Follow Similar Trend to Bitcoin, React to News About China
With crypto prices moving after almost every positive or negative bit of news related to China, gold and silver markets have been
Read MoreWith crypto prices moving after almost every positive or negative bit of news related to China, gold and silver markets have been
Read MoreResearch from Crescat Capital suggests now is the ideal time to buy gold. The critical 70% inversion threshold has preceded all six of the last recessions. Bitcoin has outperformed gold in every respect over the last ten years, although there is no data relating to recessions. According to an in-depth analysis from Otavio
Read MoreTrump threatens to derail trade talks with China, standing firm on Beijing making huge agricultural purchases. U.S. stocks decline as investors move capital into safe-haven assets. Bitcoin yet again fails to act as a hedge while gold surges. Gold outperformed its rival bitcoin on Wednesday as trade talks between the U.S. and China
Read MoreBitcoin mining giants Bitmain Technologies and Canaan Creative seem to have found a new area of competition — launching a U.S. IPO. Both companies are set to go head to head in trying to one-up the other in what could be the first-ever crypto-related public offering in the United States. Bitcoin
Read MoreBitcoin advocates call for a ban on gold as on-going investigations into Danske Bank reveal the lender offered gold bars to clients as an off-the-table service. This bypassed money laundering checks and was sold based on helping to keep the fortunes of wealthy clients hidden.At the height of the Danske
Read MoreFlashy bitcoin price speculation is a favorite game of crypto Twitter news outlets and commentators all over. After all, who doesn’t want to hear that their modest stash of satoshis
Read MoreBitcoin (BTC) will surpass the market cap of gold and could ultimately be worth $1 million, well-known industry figure Bobby Lee has said. In a series of tweets on Nov. 10, Lee, who co-founded Chinese cryptocurrency exchange BTCC and now runs a Bitcoin wallet startup, became the latest voice in
Read MoreHead of Calibra, the Libra cryptocurrency wallet, David Marcus, stated that bitcoin is a digital equivalent of gold and not to be considered as a currency. Per a report by CNBC on November 6, 2019, the Calibra Chief opined that BTC was not a good medium of exchange. Bitcoin is Digital
Read MoreTradewind Markets has launched a new system on its platform to track the provenance of its physical gold and other precious metals.On Nov. 5, Coindesk reported that Tradewind Markets, a blockchain-based digital trading platform launched its latest solution Origins. The digital tool provides supply chain provenance to buyers and
Read MoreStablecoin issuer PAXOS recently introduced its first gold-backed cryptocurrency PAX Gold. In a press release published in September, the financial operator claimed that it’s “the first crypto-asset redeemable for physical gold.”According to the report, it is also the first regulated digital gold product as it received approval from the New
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