Be[In]Crypto analyzes this week’s price movements for Bitcoin (BTC), gold, and our wildcard pick—the Ark Invest Innovation ETF. Bitcoin Bitcoin has struggled to maintain a price level above $20,000 ov...
Tag: Gold
Gold Price Forecast – Gold Markets Continue to Threaten a Major Breakdown
Gold Market Technical Analysis Gold markets have broken down quite significantly during the trading session on Thursday to test the crucial $1700 level. It is this level that I think is the gateway to...
JPMorgan Spoofed Gold to Keep Hedge Funds Happy, Ex-Trader Says
(Bloomberg) — Big hedge funds like Moore Capital Management and Tudor Capital Corp. were so important to JPMorgan Chase & Co. that its precious-metals traders routinely manipulated gold and ...
PAX Gold (PAXG) Price Prediction 2022 – Will PAXG Hit $2000 Soon?
Bullish PAXG price prediction for 2022 is $1756 to $1864. The PAXG price will also reach $2000 soon. Bearish PAXG price prediction for 2022 is $1726. In PAX Gold (PAXG) price prediction 2022, we use s...
The Latest Gem in the AABB Gold Token Ecosystem
Advertisement     As we all know, inflation is one of the most critical factors in our economy. It drives up prices and makes it difficult for us to save money. What m...
Gold mining behemoth Petropavlovsk to delist from LSE sparking a 40% stock drop
Trading in Petropavlovsk shares has been difficult, to say the least, after the U.K. imposed sanctions on its main lender Gazprombank, following Russia’s invasion of Ukraine. The company’s shares fel...
The AABB Gold Token Ecosystem Welcomes a Crypto Payment Gateway
Asia Broadband Inc. (OTC: AABB) has recently announced the introduction of PayAABB, a crypto payment gateway, into its evolving ecosystem. The team believes that this payment gateway will reinforce th...
All That Sparkles Isn’t Champagne, But It Can Win A Gold Medal
Bottles of sparkling wine ready to be tasted at Concours Mondial de Bruxelles Sparkling Session. Concours Mondial de Bruxelles Last week, the Concours Mondial de Bruxelles hosted their first wine comp...
The Never-Ending Bitcoin vs Gold debate: Which Is A Better investment? [Investing Guide]
– Advertisement – Image Source The virtues of Bitcoin vs Gold have become a hot subject among investors in discussions about portfolio diversification. The issue is problematic in and of i...
Bitcoin performs better than gold
Gold and Bitcoin pass the baton in the safe-haven asset relay in the week when the cryptocurrency queen benefits from a rebound. Bitcoin could prove to be a better safe-haven asset than gold again Bit...
Brazil police say group used crypto to launder money from illegal gold mining: Reuters
Brazil’s federal police raided a group they say used crypto tokens to launder money from illegal gold mining, Reuters reported on Friday. Five people were arrested in the operation on Thursday,...
Gold Price Futures (GC) Technical Analysis – Rebounding into Close as US Dollar Weakens
Gold futures are inching higher late in the session on Friday after recovering from an early loss. The move was fueled by an intraday break in the U.S. Dollar as traders sold out of safe-haven positio...
JPMorgan Gold Desk Ripped Off Market for Years, Jurors Told
(Bloomberg) — The precious-metals business at JPMorgan Chase & Co. operated for years as a corrupt group of traders and sales staff who manipulated gold and silver markets for the benefit of...
Brazil Police Bust Gang Using Bitcoin To Launder Money Made From Illegal Gold Mining
– Advertisement – Brazil’s anti-corruption agency has broken up a group accused of utilizing cryptocurrency to hide the proceeds of illicit gold mining. According to Reuters, On Thursday...
Asia Broadband acquires more gold amid global recession fears
Asia Broadband Inc. (OTCMKTS: AABB) has been acquiring more gold deposits as the global recession continues to bit. The move aims to give Asia Broadband and its gold-backed hybrid cryptocurrency, the ...
Gold would have been a 40% better investment than Bitcoin in 2022
Bitcoin proponents have maintained that the maturing asset will replace gold as the presumptive store of wealth and a hedge against inflation. However, Bitcoin and the general cryptocurrency market ha...
Inflation is so bad in Zimbabwe that the country is now issuing gold coins to its citizens
As a global inflationary wave continues to send costs soaring for everything from fuel to groceries, some governments are getting creative in reining in prices. Zimbabwe, a country of less than 15 mil...
Bitcoin has ‘stolen the show’ from gold, says R. P. Stoeferle
Ronald-Peter Stoeferle, the managing partner of investment management firm Incrementum AG, has suggested that Bitcoin’s growth in recent years has overshadowed gold as the two assets tussle for the pr...
Gold Coin Sales to Commence in Late July – Bitcoin News
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the...
S&P 500, Nasdaq book 3rd day of gains after Fed minutes point to another big rate increase this month to tackle inflation
U.S. stocks end higher Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big interest rate-hike is likely later this month despite the risk of slowing economic grow...
Coinbase Economist Says The Comparison Between Bitcoin And Gold Is Not Appropriate: Know Why
An analysis done by the chief economist at Coinbase notes that the digital assets share a similar risk profile such as oil and gas. The economist also concludes that the comparison between Bitco...
Will minting gold coins help Zimbabwe to beat soaring inflation?
Global macroeconomic situations brought inflationary circumstances for many countries, but several had the worst hit. Since the start of this year, the global economic situation has taken a lot ...
India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit – Economics Bitcoin News
In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points to 12.5%. However, there are f...
Zimbabwe Will Issue Gold Coins To Control Inflation. Why Don’t They Use BTC?
Like most of the world’s, Zimbabwe ’s economy is in shambles. Is a gold coin the solution, though? It might just be. The country’s central bank announced “the “Mosi-oa-tunya” coin, named after Victori...
Bitcoin faces fresh pressure as US dollar crushes gold, risk assets
Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView USD sets yet another 20-year rec...
Gold Price Forecast – Gold Markets Have Collapsed
Gold Market Technical Analysis Gold markets have gotten crushed during the trading session on Tuesday as we have broken through the $1800 level, and then broken below the hammer from the Friday sessio...
Zimbabwe Sells Gold Coins to Ease US Dollar in High Demand
(Bloomberg) — Zimbabwe’s central bank plans to sell gold coins to the public from July 25 as a store of value to stabilize the nation’s tumbling currency and offer an alternative to the US dolla...
Gold Price Forecast – Gold Markets Plunge to Find Buyers
Gold Market Technical Analysis Gold markets have fallen rather hard during the trading session on Friday to break through a trendline but have managed to turn around to show signs of life again. Ultim...