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Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High
30.10.2020
A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9.63% since the commodity’s high of $2,075 on August 6. Even though gold has dropped...
Russian Metal Giant’s Tokenization Firm Expands to America
16.10.2020
U.S. investors can invest in tokens representing rare metals as Russian mining giant Nornickel expands its tokenization firm
Aurus Disrupts the Gold Industry – Today Its Ecosystem Lists at a Value of $75m
1.10.2020
With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors. The price of the yellow metal has soared by more than...
As Gold Prices Soar, Two Gold-Backed Tokens See Increased Demand Fetching Premiums
28.8.2020
The last few months have bolstered the price of the precious metal gold as governments worldwide have created tremendous amounts of debt and inflation. For instance, the value of gold per ounce jumped over $2k during the first week of August. Meanwhile, similarly to the physical counterparts,...
Major EOS Block Explorer Bloks.io Acquired by Metal Pay
21.8.2020
EOSIO explorer Bloks.io now belongs to another firm
Monero-Mining Death Metal Band from 2077 Warns Humans on Lizard People Extinction Scheme
18.8.2020
“Everything you heard, every theory that just doesn’t seem possible, every small inkling that something was just off about the world… is true.”
Mitsubishi Launches Blockchain Platform for Metal Trading
11.8.2020
The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades
Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
3.8.2020
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often...
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Bitcoin to Gold Correlation Rises, Physical Metal Buyers Pay Premium
31.7.2020
After seeing a decline for more than 3 months, the correlation between bitcoin (BTC) and gold is once again on the rise, with the sharpest increase seen in late July as gold, silver, and bitcoin have all soared higher in price. At the same time, investors are forced to pay premium over the spot...
Bitcoin an Option, as Dennis Gartman Says He’s Exiting ‘Crowded’ Gold Market
31.7.2020
Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded.” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775. “Too many...
Christophe Cieters: Monopoly Money
12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...
Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum
28.5.2020
Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal trades are available for 24/7 trading with...
Metal Pay's New Blockchain Allows Bank and Payment Platform Integration
12.5.2020
Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world
Tron Partnered with Metal Pay to Allow Instant Buying of TRX in the U.S.
26.3.2020
The Metal Pay mobile application now allows its users to purchase Tron with fiat currency
Russian Smelting Giant Nornickel Launches Metal Tokenization Platform for Testing
25.2.2020
The Russian mining and smelting giant will issue metal-backed tokens on Atomyze, a Hyperledger-based blockchain platform
Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to Halving
9.2.2020
The total market capitalization of gold is estimated to be above $7 trillion, which is over 38 times that of bitcoin at the moment. However, there are those that think that the cryptocurrency is a better store of value for our age than the precious metal. The latest take on the idea explains...
7 Steel Crypto Wallets That Withstand Extreme Fire and Water Damage
25.12.2019
Cryptocurrencies have become valuable over the last few years and hardware wallets are now a mainstay within the cryptosphere. More recently, steel-crafted wallets that store crypto keys on a hard piece of metal have become increasingly popular. The following is a look at the wide variety...
Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially
13.12.2019
These days bitcoin and a variety of other digital assets are now being traded as funds and traditional equity holdings. The landscape of crypto investment vehicles has changed significantly as institutional and retail investors don’t need direct exposure to cryptocurrencies in order to invest...
Cryptosteel Capsule Will Keep Your Wallet Seed Safe and Out of Sight
4.11.2019
A hollow steel cylinder despatched with 800 lettered tiles, the Cryptosteel Capsule is what it sounds like and nothing more. Assemble the letters to form your wallet’s seed phrase, thread them onto the metal dipstick and screw the capsule shut, safely entombing the key to your crown jewels...