Category: Gold
What You Need To Know About Gold-backed Tokens
What is a Gold-backed Token? Gold-backed tokens are backed by real gold reserves. The issuer of the token publishes a new token that reflects the…
Bitcoin ETF: BTC Will Mirror Gold’s History Post-ETF Approval – Analysts
BTC’s Recent Price Action During the Asian trading session on Tuesday, Bitcoin’s price reached the noteworthy milestone of $35,000. This value surge marks the cryptocurrency’s…
Litecoin Halving And Its Possible Impact On The Litecoin Network
The attention of the crypto industry is now focused on the upcoming Litecoin halving. Amid the excitement, there is widespread speculation on how lowering the…
Spot Bitcoin ETFs Could Cause A Spike In BTC Investment – NYDIG
According to NYDIG’s latest research, spot Bitcoin exchange-traded funds (ETF) can trigger a massive $30 billion influx in demand. The race for launching a Bitcoin…
Hedge Fund Expert Reveals Why Bitcoin Will Be A Better Reserve Currency
With many countries indicating their readiness to develop a gold-backed digital asset as a store of value, James Lavish noted that BRICS nations are taking…
Institutional Bitcoin Accumulation Skyrockets As Exchange Balances Plummet
Recently, Institutional investors have been actively accumulating Bitcoin, with the number of BTC whales reaching a one-month high, signaling increased interest from institutional investors. Conversely,…
Bitcoin Vs Gold: Similarities and Differences
The exponentially increasing popularity of cryptocurrencies, and especially Bitcoin has given rise to increased investor interest from around the globe. Many people have added Bitcoin…
Here’s Why Bitcoin And Litecoin Whales Are Eyeing SPRK
Like other financial sectors, the crypto market is in turmoil thanks to the uncertainties concerning the United States debt default debacle. Despite investors’ low appetite…
Tether Holdings Q1 Earnings Increases, Reserves Also Shoot Up
The first quarter of 2023 was a huge win for Tether Holdings, the USDT stablecoin issuer, as the firm reportedly withdrew $4.5 billion from banks…
At $560b, India’s Forex Reserves Hit A 3-Month Low
The Indian Forex reserves have fallen to a three-month low of $560 billion, owing to a decline in foreign currency assets and gold reserves. This…
Peter Schiff Says Gold Is Losing Interest Because Of the Growth Of Bitcoin
Peter Schiff, a well-known Euro Pacific Capital strategist who is a vocal skeptic of crypto, has acknowledged that the rise of Bitcoin (BTC) has been…
Canadian ex-Premier Praises Bitcoin & Gold
Stephen Harper, ex-premier of Canada says both bitcoin and Gold are great assets that can be used as sources for reserving currencies. But denies the…
Crash in Gold Prices is Bringing in More Investors towards Cryptocurrencies
It was just two days ago back on January 8, 2021, when the entire trading community got a huge shock. On Friday, Gold prices took…
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