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Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin


Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold...

Coinbase CEO: Adopting Bitcoin Is A Return To The Gold Standard


Coinbase CEO Brian Armstrong believes widespread Bitcoin adoption could mirror a return to the gold standard, potentially stabilizing prices and addressing the escalating U.S. national debt. The post Coinbase CEO: Adopting Bitcoin Is A Return To The Gold Standard appeared first on Cryptonews

As Bitcoin Soars, Peter Schiff Offers Gold as the Prudent Alternative


With bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative mania” and advises folks to funnel their risky investments...

BlackRock Bitcoin ETF Sees Record $750 Million Inflows – What’s Going On?


BlackRock Bitcoin ETF continues its rapid growth, with record-breaking daily inflows and impressive market performance. Analysts weigh in on investor sentiment as Bitcoin ETFs gain momentum, suggesting they could outpace gold ETFs in the near future. The post BlackRock Bitcoin ETF Sees Record $750...

Precious Metal Peaks — Gold Surpasses $2,140, Marking Historic Price High


As bitcoin climbed beyond its previous 2021 peak, the value of an ounce of pure gold similarly hit a lifetime high on March 5. The globally acknowledged safe haven asset soared to $2,140 per ounce on Tuesday, marking a 4.97% increase against the U.S. dollar over the preceding week. Price of Gold...

Billionaire Mark Cuban Goes For Bitcoin Over Gold ‘All Day, Every Day’


“Shark Tank” billionaire investor Mark Cuban weighed in on Bitcoin’s recent rally, stating that he has invested in the cryptocurrency due to its strong capability as a store of value. The post Billionaire Mark Cuban Goes For Bitcoin Over Gold ‘All Day, Every Day’ appeared first on Cryptonews

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