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All That Glitters can Actually be Gold with New Hybrid Cryptocurrency
24.9.2021
All that glitters can be gold with a new hybrid cryptocurrency. The AABB Gold Token by Asia Broadband, Inc is backed by gold mines and $30 million in physical gold reserves. Cryptocurrency has proven itself to be a force to be reckoned with through the course of the Great Recession of 2020....
Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
24.9.2021
While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream
Sports NFT gold rush as projects raise $930 million in a week
23.9.2021
Following the $250 million funding round, Dapper Labs intends to launch more licensed collectibles in music, entertainment and other sports codes
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
20.9.2021
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit...
Here's why Bitcoin might be safe from a global stock market crisis
20.9.2021
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not ‘collapse’ if there is a global stock market meltdown
100 years ago, Henry Ford proposed ‘energy currency’ to replace gold
18.9.2021
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period
Bitcoin does not make a great deal of sense, according to billionaire Lee Cooperman
9.9.2021
The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value
El Salvador adoption a ‘coming of age’ for Bitcoin, says Fidelity exec
9.9.2021
Fidelity's Jurrien Timmer believes that the significance of El Salvador’s Bitcoin move is “a little bit overplayed.”
Play-to-earn gold rush as Crypto Gaming Guild and Zebedee raise millions from VCs
9.9.2021
Play-to-earn is booming, with startups Crypto Gaming United and Zebedee closing funding rounds of $5 million and $11.5 million respectively
Bill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold
9.9.2021
In a report filed with the U.S. Securities and Exchange Commission (SEC), the fund managers for the Miller Opportunity Trust, Bill Miller’s hedge fund, state that “bitcoin has significant upside potential as a form of digital gold.” The report details that despite...
Bitcoin's sharp fall from $50K linked to stronger US dollar, gold correlation shows
8.9.2021
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets
Gaming Token ‘Adventure Gold’ Listed Amid ‘Loot’ NFT Buzz
7.9.2021
">OKEx.Designed as a game token for future Loot-related games, the Adventure Gold token was airdropped to Loot NFT holders, with each Loot NFT giving the owner the right to claim 10,000 AGLD. And with a token price at press time (14:52 UTC) of USD 2.95, the airdrop was worth at least a ha
Microstrategy Avoids ‘Multi-Billion Dollar Mistake’ by Choosing Bitcoin Over Gold
7.9.2021
Nasdaq-listed company Microstrategy has avoided a “multi-billion dollar mistake” by choosing to invest in bitcoin instead of gold. The company now holds about 108,992 bitcoins. ‘Multi-Billion Dollar Mistake’ Avoided The Nasdaq-listed software company Microstrategy...
Gold, bond portfolios are 'naked' without Bitcoin, Bloomberg strategist asserts
4.9.2021
The declaration appears as Bitcoin pops back above $50,000, with its addition in a Gold-Bond portfolio outperforming the S&P 500 index
Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat
2.9.2021
An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future....
Survey finds 77% of Russian investors prefer Bitcoin to gold and forex
1.9.2021
Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said
Bitcoin (BTG) Gold Reflects Continual Uptrend Since Last Month
31.8.2021
Bitcoin Gold aims at a unique ecosystem, which seems unlikely to exist in the current setup of economy and blockchain. Today, blockchains are not meant much without the underlying valuation in terms of fiat currencies, which is the very aspect BTG intends to transform. The price action on this...
Cardano (ADA): the Gold in Disguise?
31.8.2021
Cardano has defied all others and created a fresh high, making the price action of April 2021 smaller in front of the August 2021 rally. Defying the expectations of stalling around $2.5, ADA hit a home run with a simple consideration and breakout pattern, which has been repeated more than three...
Billionaire investor John Paulson says crypto has ‘no intrinsic value’
30.8.2021
The billionaire subprime short-trader in the 2008 financial crash said that digital assets have a “limited supply of nothing.”
24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12%
29.8.2021
During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days. However, there’s a slew of crypto coins that have seen significant double-digit gains during the last 24 hours. Ecash, Tezos, Arweave, Bitcoin...