Gold News

Nowadays, investors have divided into two groups: cryptocurrency vs gold. After comparing all the characteristics of digital money with precious metal, they appear to have a lot of in common. For example, they are produced through mining and both are almost impossible to destroy. Gold doesn’t react with acid or lye, and can’t be oxidized. In the same way, cryptocurrencies are immutable in that it is nearly impossible to shut down all the computers within the blockchain. Also, both of them can be profitable but still be at risk of cost fluctuations. In most transactions, they should be sold or exchanged for fiat currencies or an equivalent, but it is much easier to do with digital money. However, unlike gold, cryptocurrencies are not accepted in all countries.
For those who still can’t decide in which to invest, a group of Russian entrepreneurs has launched the GoldMint platform, which operates with a digital asset GOLD that is backed with reserves of real gold or ETH.

Market Update
Bitcoin price flashed a few bullish signals on Nov. 29, leading analysts to share their opinions on why BTC should close November above $60,000.
3 reasons why traders expect Bitcoin to retake $60K before November ends
Jordan Finneseth
Leveraging the Stellar network may be part of the secret sauce for tokens to offer asset protection and autostaking.
Token positions itself for security as the only one in the world with force majeure protection backup
Sarah Jansen
“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said billiona...
Billionaires are backing Bitcoin over gold... but some say Ethereum is even better
Brian Quarmby
According to JPMorgan, this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.
Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
Inigo Vaca
Shark Tank star Kevin O’Leary stated that “crypto for the first time is more than gold for me” and doesn’t see a situation where crypto “goes away” as a result ...
Mr. Wonderful’s crypto allocation is now larger than his gold holdings
Brian Quarmby
Market Analysis
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 ther...
Here’s why Bitcoin might be safe from a global stock market crisis
Marcel Pechman
Gold and crypto are often described as an “either or” proposition, but this project aims to give investors the opportunity to gain exposure to both.
Bullish on bullion? This crypto project has a golden proposition
Chris Jones
The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value.
Bitcoin does not make a great deal of sense, according to billionaire Lee Cooperman
Osato Avan-Nomayo

Follow us on Facebook