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US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
14.11.2022
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos...
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’
9.11.2022
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov. 3, 2022. McGlone detailed that volatility in bitcoin and ethereum...
The Week In Games: Gold Rings And Ragnarök
8.11.2022
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Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’
5.11.2022
On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%,...
The Dollar Milkshake Theory and How It Can Affect Your Crypto Profits
4.11.2022
The Dollar Milkshake is a theory focused on USD and its global influence, and as such, it touches upon cryptocurrencies such as bitcoin (BTC) as well. There are arguments, however, that should the US central bank pivot, crypto may go up – and there are arguments that BTC may not benefit from...
The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise
2.11.2022
The U.S. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) by 75 basis points (bps). The American central bank said on Wednesday that the hike aims to curb inflation and the Fed says “recent indicators point to modest growth...
Central Bank Gold Buys This Year Reach an All-Time Quarterly High in Q3, 400 Tons Purchased Is the ‘Most on Record’
2.11.2022
According to the World Gold Council’s (WGC) latest quarterly report, worldwide gold demand, excluding over-the-counter (OTC) markets, was 28% higher year-over-year. While demand jumped higher than last year in the third quarter, central bank gold buying tapped an all-time quarterly record...
Vitalik Buterin Says Crypto Is a ‘Better Bet’ Than ‘Incredibly Inconvenient’ Gold
1.11.2022
The Ethereum blockchain co-founder, Vitalik Buterin, insisted in a recent tweet that crypto is a better bet than gold, which is not only inconvenient, but difficult to use as well. While Buterin asserts that such characteristics make gold less appealing, some crypto opponents argued that gold...
Ethereum Founder Vitalik Buterin Says Crypto is Better Than Gold – Here’s What You Need to Know
31.10.2022
Ethereum (ETH) co-founder Vitalik Buterin continues to preach the crypto gospel, declaring that cryptocurrencies are a better option to store wealth and carry out transactions than gold.
“Gold is incredibly inconvenient. It's difficult to use, particularly when transacting with untrusted parties....
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar
31.10.2022
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views...
RECENZE: Resident Evil Village Gold Edition uzavírá rodinnou ságu
27.10.2022
Čím víc Resident Evilů, tím víc zla? Ano! Návrat do prokleté vesnice plné vlkodlaků uzavírá ságu rodiny Wintersových. Zlatá edice nabízí nové příběhové DLC, režim z pohledu třetí osoby pro hlavní hru a nový obsah pro minihru Mercenaries
Bitcoin price reaches $21K as crypto market cap nears $1T
26.10.2022
The gains keep coming for BTC and crypto for a second day as the U.S. dollar drops
Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
25.10.2022
Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
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 correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
Bitcoin '6-8 weeks' from breakout as Hang Seng echoes Lehman Brothers dip
24.10.2022
Volatility is closing in, but traders may have to wait until the end of the year if history repeats itself, one analyst warns
LBank Exchange Will List VNX Gold (VNXAU) on October 25, 2022
24.10.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Oct. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list VNX Gold (VNXAU) on October 25, 2022. For all users of LBank Exchange, the VNXAU/USDT trading pair will be officially available for trading at 10:00 UTC on October...
Small Bitcoin investors stop whales from crashing BTC price below $18K
23.10.2022
Bitcoin price has avoided a bigger plunge below $18,000 in recent months, raising expectations that a market bottom is forming
Conflicting Opinions on Future of US Economy, Bitcoin Added to Guinness World Records, and More — Week in Review
23.10.2022
Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation could lead to a “massive financial crisis” or flight away from the dollar on a global scale. Meanwhile, Joe Biden says the economy is “strong as hell,”...
What is Comtech Gold (CGO) and how does it work?
20.10.2022
Is owning digitized gold a better option than physical gold? Comtech Gold tokenizes the metal making it more liquid and secure
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession
17.10.2022
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world...