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Analysts: Gold Rush In China Is Propping Prices Up


The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S....

Block Is Buying Bitcoin Every Month for Its Balance Sheet


Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as...

Block to Reinvest 10% of Profits into Bitcoin Each Month


Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly report published Thursday showed. The post Block to Reinvest 10% of Profits into Bitcoin Each Month appeared first on Cryptonews

With Cardano’s price in a tailspin, are investors buying the dip?


Cardano [ADA] incurred one of the highest percentages of holders in losses among the dominant layer-1 (L1) networks, which has generated near-term demand concerns. Nonetheless, the problem of early adopters of ADA, who are now experiencing losses among a significant number of holders, is also...

Morgan Stanley may permit 15K brokers to suggest spot bitcoin buying


According to a statement released by AdvisorHub, Morgan Stanley could permit 15,000 brokers to suggest buying spot bitcoin exchange-traded funds.  The company is supposedly laying the ground for the suggested buying and the need related to risk factors and bindings on distribution and trading...

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