In the world of finance, the relationship between traditional assets like fiat currency and alternative investments such as cryptocurrencies is often marked by an inverse correlation. When the value of fiat currency, like the U.S. dollar, surges, it traditionally exerts downward pressure on cryptocurrencies. However, recent trends have showcased a […]
Tag: Gold
Gold Rises As The Crypto Market Shows Stability Amidst Rising Geopolitical Tensions
As the world’s attention once again turns to a troubling geopolitical situation, the Israel-Palestine conflict, cryptocurrency markets have displayed remarkable stability during the opening week of these renewed hostilities. While digital assets have maintained a relatively even keel, traditional safe-haven assets like gold and silver have experienced significant surges, reminiscent […]
BRICS and Bitcoin: Reshaping The Global Financial Landscape
The growing interest of several nations to join the BRICS alliance indicates a potential shift in the global financial landscape, posing a significant challenge to the dominance of the U.S. dollar. With countries like Saudi Arabia, the UAE, Bahrain, Argentina, Algeria, Egypt, Iran, and Indonesia formally applying for BRICS membership, […]
Better Logical Approach To Robert Kiyosaki’s Bitcoin Prediction
Robert Kiyosaki‘s warning about the demise of the U.S. dollar and his endorsement of Bitcoin can have significant implications for the cryptocurrency. Firstly, his statements could bring increased attention and credibility to Bitcoin among his followers and the wider audience, potentially driving up demand. This heightened demand, coupled with the […]
2017 Vs 2023: Fink’s Institutional Bitcoin Perspective Shift
The shift in BlackRock CEO Larry Fink’s stance on Bitcoin from 2017 to 2023, as expressed in his recent appearance on Fox Business, highlights the evolving perception of cryptocurrencies within major financial institutions. Bitcoin, Digitizing Gold Fink’s previous comment characterizing Bitcoin as an “index of money laundering” has been replaced […]
Tokenized Gold And Blockchain, Nexo Finance Filling The Gap With Gold Backed Lending
Tokenization is the process of substituting a tangible or intangible asset with a digital equivalent, for identity, transfer and storage purposes. Tokenization has increasingly become the greatest craze in the IT industry. Because of Bitcoin’s solution to the double-spend problem, the Internet now has the capability to create, link or […]
Real Gold Can Now Be Digitalized for the Crypto Market
The new GOLD stablecoin has been launched by crypto platform Digital Gold, making it possible for both cryptocurrency and precious metal enthusiasts to own digitized real gold that is transferred over by blockchain technology. The team at Digital Gold has developed a remarkable platform supporting ERC20 token and smart contracts, […]
Only Ignorant Millennials Believe Bitcoin Will Replace Gold: Investment Mogul
Gold vs. Bitcoin is a debate that has heated up ever since the virtual currency took off a few years back. Crypto proponents believe that it’s time to move on from gold as the standard store of value, and Bitcoin’s is the obvious replacement. However, according to one investment mogul, […]
Bitcoin Price Watch: The Next 12 Months May Lead to Stagnation
At press time, the father of cryptocurrency is trading for about $3,424. This is roughly $100 less than where it stood during our previous price article. The currency just continues to fall lower and lower on the financial totem pole, and bitcoin is losing the high level of attention it […]
Bitcoin Price Watch: Will the Currency Repeat Its Previous Behavior?
At press time, the father of crypto has shot back up to $6,300 after falling to its lowest point in weeks. Recently, bitcoin was traversing the $6,200 range after sitting at $6,400 for some time. No one expected the currency to move all that much considering volatility has been at […]
Paul Krugman: Bitcoin Has More Utility Than Gold
Recently at the ChainXchange blockchain conference, Paul Krugman took center stage at a panel of Bitcoin skeptics and supporters including Ripple Chief Market Strategist Cory Johnson and market research guru Thomas Lee. Prior to the discussion, Krugman delivered a presentation that focused primarily on the history and development of money, and […]
IP Gold Heralds Move to NEM Blockchain with 24-Hour Sale
Seychelles, July 02, 2018: IP address ecosystem, IP Gold today announced a 24-hour token sale to celebrate its switch from Ethereum to the NEM Blockchain platform. The sale will be held on July 3, 2018, and as an incentive to buyers, it will be offering an attractive 50% bonus on […]
Will Cryptocurrencies Replace Gold?
The value surge of Bitcoin in 2017 has piqued the interest of the financial community and raised the question as to whether cryptocurrencies will replace gold as the dominant safe haven investment. Disclosure: This is a sponsored article. Mad Money host Jim Cramer argues digital tokens will not be replacing […]
Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market
Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive Sign […]