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Goldman Sachs Calls Bitcoin ‘the Retail Inflation Hedge’ That’s Not a Threat to Gold
20.12.2020
Goldman Sachs’ head of commodities research calls bitcoin “the retail inflation hedge” and likens the cryptocurrency to copper. He says gold and bitcoin can co-exist and does “not see bitcoin’s rising popularity as an existential threat to gold’s status as...
Stripe will offer bank accounts, with help from Goldman Sachs and Citi
3.12.2020
But only for vendors, so retail users will have to wait
Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold
21.11.2020
Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s Chief Investment Officer (CIO)...
BlackRock Exec Says Bitcoin Could Replace Gold ‘to a Large Extent’
20.11.2020
Rick Rieder, CIO of Fixed Income at investment giant BlackRock, has said that bitcoin and cryptocurrency are "here to stay."
Coding the Golden Spiral City from the Creative Cruise Website with Pixi.js
16.11.2020
Dive into a remake of Creative Cruise's amazing golden spiral city using Pixi.js.
The post Coding the Golden Spiral City from the Creative Cruise Website with Pixi.js appeared first on Codrops
83 Tons of Fake Gold Bars Backing $3 Billion Loans in China: This Man Claims to Know the Truth
5.11.2020
The gold industry was shaken when it was discovered that 83 tons of fake gold bars were used to back loans worth 20 billion yuan in China. While Chinese authorities have not said whether the real gold exists or where it is, an insider claims to know what happened. The Mystery Behind the Chinese...
Report: Bitcoin Surges With Rising Real Interest Rates and Economic Stimulus While Gold Performs Better With Rising Inflation
8.10.2020
A new report by Bitstamp and Bytetree says bitcoin responds better to the rising money supply, rising real interest rates and a strong economy. This is in contrast to gold which appears to perform better when real interest rates are falling while inflation is rising. To support these findings,...
Aurus Disrupts the Gold Industry – Today Its Ecosystem Lists at a Value of $75m
1.10.2020
With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors. The price of the yellow metal has soared by more than...
Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation
30.9.2020
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within...
A Chinese Gold Refinery Is Making ‘Blockchain Gold Bars’ on BSN
24.9.2020
Gold is being traded on a blockchain network in China in an effort to legitimize the industry for domestic and overseas regulators – and a senior executive at one of the country’s biggest banks said that commodities like gold could soon be “digitized” and “circulated.”
Per Sichuan Online, the city...
Bitcoin Price Gold Correlation Crashes 20%: 5 Things to Know This Week
17.8.2020
Bitcoin’s network fundamentals are as bullish as ever, but $12,000 may spark a retest of lower price levels, an analyst warns
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
9.8.2020
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold Scheme Unravels The gold industry was recently...
3 Ways US Fed Printing Is Fueling Huge Gold, Silver and Bitcoin Rally
5.8.2020
Federal Reserve monetary policy appears to be a primary catalyst for the current rally in gold, silver and Bitcoin
Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine
30.7.2020
The dollar index dropped to it's lowest level since May 2018
First Mover: Bitcoin at Last Passes $10K, But Why Has It Struggled While Gold Shone?
27.7.2020
It's a tricky thing to explain why bitcoin has been underperforming as central-bank money printing helps drive gold to a new record.
Bitcoiners Are Not Looking for a Store of Value, Gold Bug Adam Schiff Says
21.7.2020
Although Bitcoin holders often describe the asset as a store of value, gold advocate Peter Schiff said such participants do not actually seek wealth storage, hunting instead for profit
Bitcoin Bull Mike Novogratz Says to Hold More Gold Than Bitcoin
10.7.2020
The billionaire investor Michael Novogratz recently detailed in an interview that he thinks global investors should hold more gold in their portfolios and own less bitcoin. Novogratz’s statements follow his recent advice last month when he said investors should “watch gold...
US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
9.7.2020
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing...
Hold More Gold Than Bitcoin, Says BTC Bull Mike Novogratz
9.7.2020
Michael Novogratz, who predicted BTC to hit $20,000 by the end of 2020, advises investors to own more gold than Bitcoin
Blockchain Bites: E-Gold Claims, Arca’s New Fund and Generation Z
6.7.2020
Arca, a Los Angeles money manager, has launched a new fund on Ethereum, E-Gold claims the government suppressed evidence in its case, and Expedia is taking bitcoin