Goldman Sachs Turns More Bullish on Gold, Lifting 2026 Target by 10% | US Crypto News

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee. The year is still young, but the gold market is already sending a message that long-term assumptions may be getting rewritten faster than expected.

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Crypto Has Been Flat Against Gold for Past 8 Years, Mike McGlone Unveils

Bloomberg’s expert has revealed unpleasant truth about crypto, gold and global economy

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Crypto funds see near-record inflows as capital floods out of gold

Crypto funds have posted near-record inflows during recent weeks as the gold investment products shed liquidity.

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OneGold Launches Mobile App WIth BitPay, Allowing Users To Buy Gold With Crypto

Bullion Company, OneGold Inc. introduces crypto payments on its mobile application after a successful run so far in providing crypto payment gateways to purchase gold and silver. The precious metal marketplace announced they would be accepting crypto payments a year ago, and have since accepted over $50 million in Bitcoin-based payments for gold, which represents […]

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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 […]

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Crypto is a Better Long-Term Investment Than USD and Gold, Says Investor

Kim Dotcom, the German-Finnish entrepreneur and the creator of Mega, has publicly stated that gold and crypto are better long-term investments than the US dollar. In a recent statement, Dotcom said: “Trust me.

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South Korean Police Raid Crypto Firm Which Claimed to Possess Sunken Treasure

In the old days, people invested in gold as a store of wealth as its value was universal and largely stable. However, cryptos changed the game and attracted a lot of investment which otherwise would have gone to gold.

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Bitcoin Firm Paxos to Offer Post-Trade Confirmation Service for Gold Industry

On August 9, 2018, Paxos, the parent company of crypto exchange itBit, announced the launch of the Paxos Confirmation Service, a tool designed to streamline the post-trade confirmation process for the precious metals market.

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The Miner’s Dilemma: Premined Coins Making Headway

Whenever cryptocurrencies come up in debate, mining is inevitably one of the biggest, and least-informed, points. From Brad Sherman to Paul Krugman, certain commentators clearly feel that since the two leading cryptocurrencies require work they must be inherently bad.

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South Korea: Police Raid Firm Whose Alleged Crypto Scam Promised Investors Shipwreck Gold

South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship

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New Partnership Designed to Securely Track Precious Metal Trades

Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error.

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Bitcoin Price Back Over $7,000 on Growing Support From Wall Street

Growing support from Wall Street is encouraging Bitcoin bulls. As a result, big money from financial institutions could soon enter the crypto market. Investing in Digital Gold Bitcoinist reported yesterday that Goldman Sachs is moving to solve Bitcoin’ main obstacle for institutional investors: custody.

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Five Of John McAfee’s Most Bats**t Crypto Stunts

Crypto is a bit like a family. Like all families, it has that one unhinged relative trying to sell everyone on get-rich-quick schemes and conspiracy theories. John McAfee has become a reliable source of entertainment through the bear market: Bitcoin prices go up or down, but Uncle John is an inexhaustible supply of comedy gold.

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‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help

South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii Donskoi.

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Financial Services Firm Opens Doors to Crypto Hedge Funds

The crypto industry has received another boost with the entry of financial services giant Northern Trust in a quiet but significant move. The firm, which manages over $10.

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“If Bitcoin is Digital Gold, then Litecoin is Digital Silver” Say’s eToro

Mati Greenspan, a Senior Market Analyst at eToro has uploaded a ‘market research summary’ for Litecoin, which discusses Litecoin as the silver to Bitcoin’s gold. eToro believe that Litecoin is built upon one of the ‘most established’ networks in the world and that it is a viable currency as a store value and a means of exchange.

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Korean Authorities Looking into Possible ShipWreck ICO Scam

The authorities in South Korea are working round the clock to unravel a possible crypto investment scam, involving Shinil Group, a Seoul-based firm, which allegedly offered to pay investors in gold, from a Russian ship that sank 113 years ago.

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South Korean authorities are investigating a possible crypto investment scam involving the Seoul-based Shinil Group as the key figure, Korea JoongAng Daily reported July 31. Shinil Group (Shinil) allegedly promised to pay investors in gold from a sunken Russian shipwreck.

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Korean Authorities Investigate Alleged Crypto Scam That Promised Investors Shipwreck Gold

South Korean authorities are investigating a possible crypto scam by a Seoul-based firm, which promised to pay investors in treasure from a sunken Russian shipwreck

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Goldmint’s Stablecoin Promises Greater Reliability and Higher Transparency

In the crypto economy, currencies’ volatility is a thousand times more, which makes them attractive to speculators and impractical for everyday life. “Stablecoin” is a crypto currency that can be tied to another stable asset, for example, gold or the US dollar. For all that it is global, it does not depend on any bank

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Cryptocurrency Market Update: Waiting For Signals on a Flat Monday

FOMO Moments Markets are flat this morning with few coins moving; ChainLink doing well but Aelf, TenX and Bitcoin Gold suffering. As we start another working week crypto land remains flat after a weekend of inactivity across the markets.

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Crypto Exchange connected to Russian shipwreck and treasure

The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange. Japan Confirms Entrance Into the Crypto Space Russian Warship Found with Reports of Gold on Board A Russian warship that sank 113 years ago, the Dmitrii Donskoi, was

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Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange

A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange.

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Platform to Allow Debit Card for Metal Based Crypto

Kinesis says these currencies — known as KAU and KAG — are based one-to one on allocated physical gold and silver. This means that the full, direct title to the bullion backing these coins is held by the person who owns the cryptocurrency. These coins can be loaded on to a debit card and instantly

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Platform to Allow Users to Spend Metal-Based Crypto Using a Debit Card

To overcome the “severe price volatility” seen in cryptocurrencies today, a company is creating a new coin based on gold and metal #SPONSORED

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Crypto.com CEO Talks About Bitcoin Becoming A Standard For Investment Portfolios

The CEO of Crypto. com, Kris Marszalek, was recently interviewed by Juliette Saly and Doug Krizner to discuss why Bitcoin can be a good alternative to gold and what should be the priorities of the regulators for it to become a long term investment.

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Various Feelings

Let me know if you have any questions, comments, insight, or feedback on these updates. @MatiGreenspaneToro, Senior Market Analyst Today’s Highlights Mixed Feelings Gold Line Healthy Crypto Market Please note: All data, figures & graphs are valid as of July 25th.

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Tax authorities will collect info on investors

By Adir Alon Going Towards Crypto Regulation? Tax Authorities in Israel Will Collect Information about Crypto Investors The Israeli Tax Authority conducted an audit at the offices of Bits of Gold and reached agreements whereby the company would provide information about customers who transfer over $ … The post [Guest Post] Tax Authorities in Israel

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Financing with the Stars: Celebrities and Cryptocurrencies

A year after the initial cryptocurrency gold rush, we are now seeing a new mutation of the phenomenon: celebrities promoting crypto. From Dennis Rodman wearing a Potcoin t-shirt on CNN, to Steve Bannon’s mention of creating a “deplorable coin,” it remains to be seen if fame can equate to fortune in the era of digital currencies.

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Crypto market blues

The first step is to stop panicking and try to understand what the hell is going on. Market cycles are not a new concept; every market from oil to gold and foreign currency goes through bear runs and bull runs.

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More Spikes for Bitcoin Diamond With Another 50% Pump

FOMO Moments Crypto land is moving slowly; altcoins gaining today include Bitcoin Diamond, Nem, Bitcoin Gold, and Holo. Monday morning in crypto land is a positive one for Bitcoin as markets have made more gains since the selloff last week.

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Will Bitcoin Follow Gold And SkyRocket With EFT Approval?

Gold is a tangible precious metal whereas Bitcoin is digital. The similarities between them run deep; they are both mined, one physically, the other digitally. Yet if we look closely at the history of gold, Bitcoin is displaying the same behaviour pattern as we’ve seen for gold.

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A Shipwreck, a Sunken Treasure, and a Possible Crypto Scam

A South Korean company has claimed to have discovered the 113-year old wreck of the Russian battleship Dmitrii Donskoii, reportedly containing more than $100 billion worth of lost gold. While the matter of who actually has salvage rights remains contested, a cryptocurrency exchange has emerged, offering to “share profits” from the wreck with its users.

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Can Bitcoin become Digital Gold ?

As Bitcoin has shown life the last several days and rose above $7000, the term “digital gold” has been repeated many times in journalistic publications, tweets, crypto forums and even on TV.   Gabor Gurbacs, director of digital asset strategies at VanEck/MVIS appeared on CNBC’s “Futures Now” and opined on just how big Bitcoin could […] The post Can Bitcoin become Digital Gold ? appeared first on ZyCrypto.

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Crypto Expert Says Bitcoin Can Rise Over Three-Fold As “Digital Gold”

Gold is one of the most valuable assets in the world, with humans historically holding the rare metal as a valuable asset. But with the rise of the internet and cryptocurrencies, Bitcoin has become a great gold alternative, a “digital gold” if you may, due to its nature as a limited, divisible and store of […] The post Crypto Expert Says Bitcoin Can Rise Over Three-Fold As “Digital Gold” appeared first on Ethereum World News.

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Finance Professor Predicts Bitcoin Will Emerge as Digital Gold

As crypto prices rise and fall, experts and casual observers alike are trying to predict the future of the digital economy. In addition to the media’s perpetual fascination with the prospect of a Bitcoin bubble, message boards and Reddit threads are packed with similar conversations about the efficacy and sustainability of digital currencies.

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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert

When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.

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Cryptocurrency Market Update: Ontology (ONT) and Bitcoin Gold (BTG) Leading the Rally

FOMO Moments Current performing altcoins are Ontology, Dash, Bytecoin and Bitcoin Gold. As another week comes to an end in crypto land markets are down once again on the week. After hitting a weekly low of $242 billion markets have clawed back a little but are still very bearish.

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Keeping Your Funds Safe: Crypto vs Traditional Banking

Back in the days, our forefathers kept their valuables (mostly gold) buried at undisclosed locations. Yes, this was responsible for the bounty hunts of those days. The post Keeping Your Funds Safe: Crypto vs Traditional Banking appeared first on CoinSpeaker.

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Bitcoin Gold Correlation: Solutions for Economic Instability

The post Bitcoin Gold Correlation: Solutions for Economic Instability appeared first on Crypto Briefing.

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Israeli Crypto Exchange Bits shares customer information with gold tax payments

Bits of Gold – local Israeli cryptocurrency exchange – has agreed to pass on information to the country’s Tax Authorities on deposits and trading activity. Israel Tightens the Knot In what seems to be a step towards tightening up the cryptocurrency trading environment in Israel, the local Tax Authorities have reached an agreement with a

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Israeli Crypto Exchange Bits of Gold Agrees to Share Customer Info with Tax Authority

Bits of Gold – local Israeli cryptocurrency exchange – has agreed to pass on information to the country’s Tax Authorities on deposits and trading activity. Israel Tightens the Knot In what seems to be a step towards tightening up the cryptocurrency trading environment in Israel, the local Tax Authorities have reached an agreement with a local digital exchange Bits of Gold.

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Cyronium ICO (CYRO Token): Gold-Backed Capital Assistance For SME?

Cyronium is an ambitious blockchain project that launched a crypto asset backed by gold and the blockchain. It will be used to assist SMEs to integrate the blockchain into their businesses. PT Ciptalintang Aji Dana, a company based in Indonesia is the company behind this project. It will be the first in the world that […]

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Israelli Tax Authority Persuades Local Exchange to Report Big Traders

The latest example comes from Israel, where a local exchange with over 50,000 clients has been convinced to report its bigger traders to the national tax authority. Also Read: Decentral Launches Its New Crypto Wallet Jaxx Liberty in Beta Bits of Gold to Report to Tax Authority Tel Aviv based cryptocurrency exchange Bits of Gold has agreed

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Bitcoin Debate’s Defeated Bear: Digitized Gold ‘Only Type of Crypto That Can Succeed’

Financial commentator Peter Schiff claims gold-backed digital coins will be “only type of cryptocurrency that can succeed” in recent ‘Bitcoin Debate’ with Erik Voorhees

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Blockstream Dispatches Tokenized Resources Instrument on Fluid Sidechain

The firm has officially launched the Issued Assets (IA) program on its bitcoin-backed Liquid sidechain, allowing users to create their own tokenized assets, according to a press release. These tokens can represent any sort of financial instrument, including fiat currency, crypto assets or attested assets (such as gold coins), as well as more novel types.

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Sidechain-Issues Assets Altcoins Blockstream

Tokenize Anything With Sidechains In an explainer July 2, Blockstream explained how its Issued Assets (IA) feature will allow users to create their own token asset on Liquid. “…Assets can represent existing financial instruments like tokenized fiat, crypto assets, attested assets (e.

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Компания Blockstream представила инструмент для создания пользовательских активов в сайдчейне Liquid

Разработчик биткоин- и блокчейн-решений компания Blockstream представила Issued Assets (IA) – новый инструмент, позволяющий пользователям создавать собственные токенизированные активы в сайдчейне Liquid.

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Efforts to Replace Dollar with Gold and Crypto are Underway, Says Former US Presidential Candidate

World financial chaos and the escalation of trade wars are propelling the global economy onto a dangerous trajectory. As a result, calls for reforming the monetary system are getting louder. For example, Ron Paul, a key U.

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