Ethereum’s star founder Vitalik Buterin has coined crypto as “the better bet” over gold & that gold is highly inconvenient in response to Zach Weinersmith, who questioned the benefits of crypto ov...
Tag: Gold
Buterin says crypto is a better bet than gold
Ethereum (ETH) co-founder Vitalik Buterin believes that crypto is a better asset to hold than gold, adding that it already has more adoption than a physical asset. Gold is incredibly inconvenient. It&...
Three reasons why gold loses to crypto according to Ethereum’s co-founder
Vitalik Buterin, the co-founder of Ethereum (ETH), recently commented on how digital assets are becoming more widely adopted and, in turn, more useful than traditional assets such as gold. The Ethereu...
Bitcoin and Gold, the eternal struggle
The correlation between the two safe haven assets tightens with a first-round going to Bitcoin, although Gold is promising a battle. Bitcoin and Gold as safe-haven assets Protecting oneself in times o...
Black, Yellow, and Digital: Trade Gold on PrimeXBT
Gold has long been considered the best monetary standard ever to exist. Supporters of cryptocurrency claim that Bitcoin is digital gold and is a modern version of the precious metal. Crude oil is also...
Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests. The rise in the correlation between Bitcoin and gold (X...
SEMPSA JP Partners With Aurus to Offer Digital Tokens Backed by Gold and Silver
Advertisement     SEMPSA JP, a leading Spanish precious metals refinery, is pleased to announce its partnership with Aurus, a decentralized global software platform to...
Should you buy or sell gold as the US dollar weakens?
Gold failed investors during the COVID-19 pandemic and this year too. A traditional hedge against inflation, it did not act as it should have, given the surging worldwide inflation and the depressing ...
SEMPSA JP, LBMA Good Delivery Refinery Launches Tokenized Gold and Silver on the Blockchain With Aurus
[PRESS RELEASE – Madrid, Spain, 25th October 2022] SEMPSA JP, the leading Spanish Good Delivery precious metals refinery, has partnered with Aurus to offer digital tokens backed by gold and silver to ...
SEMPSA JP, LBMA Good Delivery Refinery Launches Tokenized Gold and Silver on the Blockchain in Partnership with Aurus
Madrid, Spain, 25th October, 2022, Chainwire SEMPSA JP, the leading Spanish Good Delivery precious metals refinery, has partnered with Aurus to offer digital tokens backed by gold and silver to its ne...
Bitcoin, Gold correlation nears 1 over past year, indicating a bottom
Bitcoin (BTC) adoption has increased, and the largest cryptocurrency has become less risky as its correlation rate with gold reached 85% in the past year, which signals that a BTC price bottom could b...
Cathie Wood Strikes Gold on Bitcoin Investment
Cathie Wood’s exchange-traded funds (ETFs) may have hit the skids, but she has crushed it on bitcoin. The Ark Investment Management CEO bought $100,000 worth of bitcoin when it traded at $250, she tol...
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists – Finance Bitcoin News
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been corr...
Azukis Gold Skateboard Release Yields Record Breaking 1,800 ETH
Who said Azukis were dead? The legacy NFT project has had it’s quiet periods, but has found a new wind this past week catering to some of it’s most loyal and dedicated audience. Azuki whales stepped u...
Gold Jumps as Japan Moves to Prop Up Yen Drive Down Greenback
(Bloomberg) — Gold surged as Japanese authorities intervened to prop up the yen, further driving down the greenback and increasing the appeal of the precious metal. Most Read from Bloomberg Bull...
Is Gold a good buy in November 2022?
Gold price has weakened from $1879 to $1614 since June 13, 2022, and the current price stands at $1656. Gold is considered a safe-haven asset, but it is important to say that a safe-haven demand drive...
Bitcoin correlation with gold hits 40-day high as battle for safe haven asset intensifies
For years, Bitcoin (BTC) proponents have maintained that the crypto is in line to become a safe haven asset and a hedge against inflation with the possibility of replacing gold. Notably, the reality ...
Gold Coin vs Bitcoin Which Should You Invest This Year for Better Return
Gold vs Bitcoin: Diwali is one of the most popular festivals in Hinduism and is joyfully celebrated throughout the country. This festival symbolizes the victory of light over darkness and reminds us t...
Cardano NFTs touted as next gold rush after ‘Ford Edwards’ sells for $65,000
Twitter user @ShiLLin_ViLLian posted details of a Cardano NFT that sold for 180,000 ADA, or $64,300 at today’s price. This Cardano NFT sold for 180,000 ADA pic.twitter.com/9u449BL2sV — Alex❓ (@ShiLLin...
Future of Gold Mining and How Crypto Can…
When undertaken using responsible practices, the gold mining industry has proven to contribute to the social and economic development of many communities worldwide. A 2020 survey by the World Gold Cou...
Bitcoin Links With Gold as Inflation Hedge at 30-Day View
The correlation between Bitcoin and stocks may be decoupling. And the original cryptocurrency might be working as advertised as an inflation hedge. With inflation soaring, BTC is tracking more like sp...
UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver – Coinotizia
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In ...
UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver – Bitcoin News
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In ...
Why The Gold Price Is Broken
Gold getty For only the second time in 20 years, I had a simple no brainer investment idea, built a big position and took a bath. It’s not pleasant losing a big chunk of money on an obvious investment...
US September Inflation Data Is In: BTC, Gold and Key market Indices Show Upside Trends
US inflation data for September was released on October 13th. Persistent inflation signals more Fed rate hikes. Data on unemployment claims were also released. The U.S. Bureau of Labor Statistics (BLS...
Senior ETF analyst warns there’s ‘nowhere to hide’ as Gold, S&P 500 fall on CPI data
US stock futures tumbled as new consumer price inflation (CPI) readings came out before the market open, coming in hotter than initially expected. For the markets in general, this ensures another larg...
Gold down as Senior ETF analyst sees ‘nowhere to hide’
The latest market news is dominated by today’s investor reaction to the inflation readings out of the United States. The hot CPI data saw asset classes bleed, including stocks, bond ETFs and gold. Eri...
Cash is King Now, Not Gold
cash over gold While gold has long been considered a safe haven in times of market volatility, investors are actually pulling out of the metal of Midas at this moment for a somewhat different choice &...