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Bitcoin Hater Mark Mobius Bats for Gold upon Its 21% YTD Rise |

After suggesting that decentralized asset bitcoin should be backed by Gold, prominent billionaire investor Mark Mobius is asking global investors to raise their stakes in the precious metal.The Mobius Capital Partners’ founding partner said in an interview with CNBC’s “Street Signs” that investors should allocate 10 percent of their portfolio

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Turkish Takasbank Announces Blockchain Platform for Gold Trading

Turkey's Istanbul Clearing, Settlement and Custody Bank (Takasbank) has announced its blockchain-based platform for trading physical gold.Dubbed BiGA, Takasbank’s new project aims to enable people to transfer physical gold stored at the Borsa Istanbul Stock Exchange (BIST), Turkey's sole exchange entity, through digitized gold units on a blockchain, the

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Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold

Stablecoin operator Paxos launched PAX Gold (PAXG), a gold-backed Ethereum (ETH) token.Paxos announced the launch of the product above in a press release published on Sept. 5, claiming that it is “the first crypto-asset redeemable for physical gold.” Furthermore, the New York State Department of Financial Services (NYDFS) put

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Silver and Gold Ruled the August Roost but How Did Bitcoin Fare?

Silver and gold are finally drawing some attention from market participants thanks to a stellar performance from precious metals in August. | Source: Shutterstock; Edited by CCNSilver and gold are finally drawing some attention from market participants thanks to a stellar performance from precious metals in August.After several years

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Bitcoin and Gold Attract More Investors as US-China Trade War Intensifies

As two largest world powers, the US and China, tussle for economic hegemony, investors are drawing closer than ever to Bitcoin(BTC)trade and gold to shelter themselves from the turbulent stock market, a recent report from the US-based multi-asset investment firm eToro, said.On August 26, an article was published by The

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