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Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. дальше »
2020-7-1 17:10 | |
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Governments May Reexamine Gold as Bank of England Sued for Refusing to Release Stash
Venezuela has filed a major $1 billion lawsuit against the Bank of England and claims that the central bank is refusing to release the gold owed. Venezuela has used the Bank of England for decades to store its bullion, but now it’s having a problem retrieving it. дальше »
2020-5-23 15:10 | |
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Bitcoin Will ‘Come of Age’ in 2020, Says Pantera Capital CEO
Bitcoin has been named the asset with the highest year-to-date growth in 2020 according to figures released by Pantera Capital. This puts it ahead of assets like gold, oil, and real estate. Bitcoin enthusiasts have often touted that BTC is the next big investment tool to be used globally, favoring it over traditional investments like […] The post Bitcoin Will ‘Come of Age’ in 2020, Says Pantera Capital CEO appeared first on BeInCrypto. дальше »
2020-5-2 00:10 | |
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Bitcoin v. Gold debate may get a lot more heated post-halving
Bitcoin no longer seems to be in a race against the U. S dollar to become the world's most used currency. Rather, Bitcoin's price trends have made it clear that it is playing a different game altogetheThe post Bitcoin v. дальше »
2020-2-22 18:30 | |
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Will Bitcoin Usher an Era of Digital Commodities Trading?
Bitcoin has shown that it can be used as a hedge against risk. Gold’s latest ascent has presented a scenario for safe-haven investments, and this trend may boost the case for owning $BTC. Gold Prices Peaked at Seven-year High, Rapid Growth in Past Six Months Gold has marked a seven-year high above $1,600, after growing rapidly in the past year. дальше »
2020-2-22 14:32 | |
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Bitcoin's spot vs institutional struggle may mimic gold
In the investment world, institutionalization is another word for maturation. Years ago, Bitcoin status, among financial moguls, was that of a farce Internet currency mainly used by criminals on thThe post Bitcoin's spot vs institutional struggle may mimic gold appeared first on AMBCrypto. дальше »
2020-1-31 18:00 | |
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Swiss Franc May Be Used as Proxy for Gold, Says Goldman Sachs
Coinspeaker Swiss Franc May Be Used as Proxy for Gold, Says Goldman SachsIn recent days, the Swiss Franc (CHF) is surging against the U. S. Dollar. Goldman Sachs believes that it could be being used as a proxy for gold. дальше »
2020-1-20 19:54 | |
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Why Nick Szabo Probably Isn’t Satoshi
Search online for ‘possible creators of Bitcoin’ and Bit Gold creator Nick Szabo will always appear near the top of the list. His long history in the cypherpunk space, his writings on money, digital cash, and smart contracts, and some facts about his past have often been used to create a compelling picture that he […] The post Why Nick Szabo Probably Isn’t Satoshi appeared first on Bitcoin News. дальше »
2020-1-2 16:50 | |
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Ethereum 2.0 structured to be blockchain transcendent: MakerDAO founder
The term digital gold has been used on Crypto Twitter after several influencers pointed out similarities between Bitcoin and gold. While some thought that it was good to view Bitcoin as digital gold oThe post Ethereum 2. дальше »
2019-12-8 14:30 | |
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ChangeNow.io Review 2020 – A Look At Fees, Features and Security
ChangeNOW is a limitless non-custodial cryptocurrency exchange focused on making crypto management easy and quick for everyone. The platform was launched in September 2017 and became known as the first crypto exchange service to list Bitcoin Gold (BTG). дальше »
2019-11-19 02:36 | |
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Libra Association Exec: Bitcoin is Digital Gold, Very Different to Libra
David Marcus has stated that he is a fan of the original crypto asset. The newly-appointed member of the Libra board of executives added that differences between the currency, originally detailed by Facebook in June, and Bitcoin mean that the two are not in competition. дальше »
2019-10-17 01:00 | |
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World Will Need Gold In Case of an Economic Meltdown, Dutch Central Bank Affirms
In case the financial world faces a total collapse, gold will become more important than fiat currencies, at least that is what the Dutch Central Bank affirmed recently. The bank has also affirmed that gold is the trust anchor of the financial system and that it can be used as collateral for starting over. Several […] дальше »
2019-10-15 01:36 | |
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Dutch Central Bank Hints at Economic Restart Based on Gold Standard
After a decade of unprecedented quantitative easing, the appeal of a sound currency is returning. Now, the Dutch Central Bank has reiterated some of the messages of gold bugs, stating that gold may become the basis for an economic restart. дальше »
2019-10-14 17:00 | |
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New gold-backed Ethereum token is guaranteed by Australian government reserves
Australia‘s Perth Mint, one of the world’s largest refineries, is today launching a gold-backed Ethereum token guaranteed by the government of Western Australia. Marketing materials shared with Hard Fork claim the Perth Mint Gold Token (PMGT) is the first gold token on a public blockchain backed and guaranteed by government reserves. дальше »
2019-10-10 15:59 | |
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New Ethereum token is backed by gold reserves guaranteed by Australian government
Australia‘s Perth Mint, one of the world’s largest refineries, is today launching a gold-backed Ethereum token guaranteed by the government of Western Australia. Marketing materials shared with Hard Fork claim the Perth Mint Gold Token (PMGT) is the first gold token on a public blockchain backed and guaranteed by government reserves. дальше »
2019-10-10 15:59 | |
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Bitcoin stock to flow value to double up in the run-up to the halving
Stock to flow ratio is used to measure the scarcity of an asset: gold has the highest value of 62 followed by Bitcoin at 25. These values have a meaning to it as well: gold’s stock to flow value of 62 means that it would take 62 years to mine the same amount of gold […] The post Bitcoin stock to flow value to double up in the run-up to the halving appeared first on AMBCrypto. дальше »
2019-10-5 20:30 | |
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Ethereum (ETH) Still has a Long Way to go to Match Bitcoin’s Money and Safe Haven Status
Bitcoin (BTC) classifies as digital gold, and Ethereum (ETH) has gained the tag digital oil for its extensive uses and gas fees. The Ethereum platform ranks as the second most used platform after Bitcoin and it shows no signs of slowing down. дальше »
2019-10-4 18:29 | |
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Bitcoin (BTC) competes with gold according to the stock-to-flow metric
Bitcoin is compared with gold and is titled “digital gold. ” Now this is not just a beautiful metaphor. Financiers make convincing arguments and use the method of gold price forecast in relation to bitcoin. дальше »
2019-10-3 13:32 | |
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Satoshi Nakaboto: ‘Bitcoin network shifted the equivalent of 412 tons of gold in one day’
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. дальше »
2019-9-20 12:44 | |
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North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions
A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold and the digital asset’s main purpose will be used […] The post North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions appeared first on Bitcoin News. дальше »
2019-9-19 19:10 | |
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Cryptocurrencies are not competitive with gold, claims Barrick Gold’s Catherine Raw
Barrick Gold North America’s COO, Catherine Raw, caught the attention of the crypto-community after she recently shared her views on cryptocurrencies, claiming that they are not competitive with gold. дальше »
2019-9-19 15:15 | |
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Turkey’s Takasbank Will Launch Blockchain Platform Focused On Physical Gold Trading
The Instanbul Clearing, Settlement and Custody Bank (Takasbank), which is based in Turkey, has recently announced the launch of a new blockchain platform that would be used to trade physical gold. According to the bank, the new platform is going to be called BiGA (which means one gram of gold) and it will enable the […] дальше »
2019-9-7 02:51 | |
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Bitcoin ‘Failed Safe Haven Test’ Again: Goldbug Schiff
Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such as stocks and fiat currency. дальше »
2019-8-30 14:00 | |
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Bitcoin Could Follow Gold Fractal With 44% Drop to Under $7,000
Bitcoin has long been pitched as the digital version of gold – a precious metal that’s long been used as a store of wealth, transfer of value, and features many of the attributes that Bitcoin is lauded for, such as scarcity. дальше »
2019-8-22 21:00 | |
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Get Google Analytics-savvy with this $14 course
Used by over 40 percent of web stat-crunchers, Google Analytics is the gold standard — and official GA certification is a true bar of entry acknowledgment that you understand the power of Google Analytics and can mine the knowledge gems found inside. дальше »
2019-8-19 15:00 | |
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Bitcoin vs Gold: Space, Asteroids and NASA
Bitcoin vs Gold: Space, Asteroids and NASA » CryptoNinjas Gold has been valuable for 100’s of years. It has real-life, everyday use cases, and it is scarce. When you ask any gold expert, or holder about the value of gold, they will tell you that we have always used it, always valued it, and history has a habit of repeating itself. дальше »
2019-8-5 08:43 | |
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Exploring The Karatbars Universe
Gold and cryptocurrencies can sometimes seem to be incomparable. Gold has always been the most trustworthy and widely spread asset in the world. Cryptocurrencies are new and seem unfamiliar to most of us. дальше »
2019-7-29 09:22 | |
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Oil coin, gold, nickel and palladium coins: Russian Norilsk Nickel launches stablecoin
The unique ability of cryptocurrencies to realize global payments is already used by several economies, mainly depressed or under sanctions. It seems that Russia intends to go this way – at the expense of nickel and palladium. дальше »
2019-7-26 02:02 | |
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Fed Chair Suggests Bitcoin Is Gold's Biggest Competition
In a remarkable admission during his testimony to Congress, Federal Reserve Chair Jerome Powell admitted that bitcoin is used as an alternative to gold, conceding that BTC is a store of value. He said before the Senate: "Really, almost no one uses bitcoin for payment, they use it more as an alternative to gold really. дальше »
2019-7-12 01:20 | |
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Midas Rock adds to gold enthusiasts’ problems in the wake of Bitcoin’s popularity; Peter Schiff triggered
There has been a hot debate in the Bitcoin community if Bitcoin is supposed to be used as a currency or a store of value, but these debates calmed down when Bitcoin community started arguing that Bitcoin was a far better store of value than gold. дальше »
2019-6-30 18:30 | |
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Gold Bug Peter Schiff Takes Bitcoin Correction as a Chance to Swipe at BTC
CEO of Euro Pacific Capital and chairman of SchiffGold, Peter Schiff, has once again provided critique of Bitcoin. The self-proclaimed gold bug used the opportunity presented by today’s downswing in Bitcoin price to argue his favourite yellow metal’s superiority over the digital currency. дальше »
2019-6-28 02:00 | |
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Will the new monetary order have gold or Bitcoin as its foundation?
The International Monetary Fund describes money as something that serves as a store of value, unit of account, and medium of exchange. Over the years, many things have been used as money including shells, peppercorns, gold and silver. дальше »
2019-6-25 13:54 | |
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New Ernst & Young Report Sheds Light On QuadrigaCX CEO Thievery
Ernst & Young, QuadrigaCX's court-appointed monitor, has released a report showing Gerald Cotten, the exchange's deceased CEO, stole up to $200 million of users' funds, which may have been used to purchase the boat, aircraft, luxury vehicles, and gold and silver coins Cotten owned. дальше »
2019-6-21 18:55 | |
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Bitcoin [BTC] is more politically neutral than gold, says Adamant capital’s Tuur Demeester
The comparison between tangible and digital assets has been going on for a long time and is likely to go on, especially since Bitcoin has outperformed most assets in 2019. This includes not just oil and a majority of the S&P index, but also Gold, traditionally used as a hedge against economic risks due to […] The post Bitcoin [BTC] is more politically neutral than gold, says Adamant capital’s Tuur Demeester appeared first on AMBCrypto. дальше »
2019-6-15 02:00 | |
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Bitcoin’s Sharp Rise Shows Its Hedge in a Crisis Potential for Investors, But Only Gold Is Safe, Executive Affirms
Peter Boockvar, the Chief Investment Officer of the Bleakley Advisory Group, has made some very interesting remarks on a recent interview with CNBC. According to the CIO, Bitcoin (BTC) could be used in order to inform investors who are currently worried about how the United States-China Trade War can harm their business. He talked about […] дальше »
2019-6-6 03:20 | |
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State Street Global Advisors: Reports Of Gold Investors Flocking To Cryptos Have Been Exaggerated
Reports Of Gold Investors Flocking To Cryptos Have Been Greatly Exaggerated Bitcoin and gold share many similarities, including being used as a currency, transfer of wealth, store of value, and more – they also both can be “mined” for and boast relative scarcity as one of the reasons giving it such value. That scarcity is […] дальше »
2019-5-31 21:08 | |
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Op Ed: Debunking Bitcoin Myths: The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-6-4 23:41 | |
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Op Ed: Debunking Bitcoin Myths, The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-5-31 23:41 | |
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Flipping Gold is “Inevitable” In Digital Age, Would Take Bitcoin Price to $350,000
In recent weeks, as Bitcoin price skyrockets, interest in the crypto market has been revived once again. And with it, so has the “digital gold” moniker thanks to Grayscale Investments’ “Drop Gold, Buy Bitcoin” television marketing campaign. дальше »
2019-5-30 03:01 | |
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New Update Will Make Dash Immune To 51 Percent Attacks
Hackers are still one of the biggest threats to Proof-of-Work networks. In the past year, digital thieves have used rented hash power to stage successful attacks on Vertcoin, Verge , Bitcoin Gold, Ethereum Classic, and several other cryptocurrencies, most of which have never recovered. дальше »
2019-5-24 02:01 | |
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Bitcoin? Bitcoin Cash? Bitcoin Satoshi’s Vision? Will the real Bitcoin please stand up?
From Cash to Satoshi’s Vision, to Private, to Gold, to Atom and to Adult, the prefix Bitcoin has been used to depict and more commercially, sell and market a host of cryptocurrencies. Currently, there are 38 among the 2186 coins listed on CoinMarketCap, that sport the name “Bitcoin” as their introductory sell. дальше »
2019-5-22 09:35 | |
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Is KaratGold’s KBC Coin Launch a Legit Crypto Asset to Tokenize Gold?
The KBC crypto asset will be used to tokenize gold. For 1 gram of gold, the investor must trade 100 KBCs. The investors of the crypto worked need something to rely on with the crypto assets they choose, which means that any marketing-based tokens just will not do. There are multiple asset-backed tokens rising up […] дальше »
2019-5-15 06:25 | |
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Bitcoin [BTC] does everything that gold used to do, claims Grayscale Investments CEO
Bitcoin’s [BTC] nature and advantages resulted in a lot of its proponents speaking for the world’s largest cryptocurrency. The latest luminary to speak on its behalf is Barry Silbert, Founder of Digital Currency Group and CEO of Grayscale Investments. дальше »
2019-5-8 12:30 | |
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Blockchain Technology Being Used to Track Conflict Minerals in War-Torn Nations
According to a Bloomberg report published April 24, 2019, an increasing number of companies are using blockchain technology to track the supply chain of valuable minerals like gold, tin, tungsten, and tantalum, among others. дальше »
2019-4-25 19:00 | |
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