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 Analysis
Both Bitcoin's daily volume and the amount held by large addresses roughly match 10% of gold's.
Why's Bitcoin stuck under $60,000? The gold market cap may hold the answer
Marcel Pechman
2021-04-09T14:00:00+01:00
30705
Markets News
Top funds in the U.S. expect Bitcoin to hit anywhere between $130K to half a million dollars in the long term.
Ark Invest and JPMorgan expect Bitcoin to hit $130K–$470K
Joseph Young
2021-04-05T17:08:58+01:00
28040
News
Galaxy Digital’s billionaire CEO told CNBC he’s shocked at the speed of cryptocurrency adoption.
Bitcoin on ‘inevitable path’ to reach gold’s market cap – Mike Novogratz
Sam Bourgi
2021-03-31T15:44:38+01:00
8811
News
Bitcoin is approaching all-time highs versus gold. The digital currency broke above $59,000 on Tuesday while gold languished below $1,700.
Bitcoin is outshining gold in the battle of the safe havens
Sam Bourgi
2021-03-30T17:33:40+01:00
14585
News
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman.
Tether stablecoin is fully backed, says new assurance report
Helen Partz
2021-03-30T14:54:54+01:00
13924
News
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
Former OCC official says crypto has backing but dollar ‘may not’
Helen Partz
2021-03-26T14:03:56+00:00
16919
News
Research has revealed crypto investors are more likely to be ‘dog people' while gold investors are more likely to be ‘cat people’.
Bitcoiners love dogs, gold bugs prefer cats — Important new research
Brian Quarmby
2021-03-26T03:37:15+00:00
5196
News
The U.S. could repeat its 1930s ban on gold ownership but for Bitcoin.
Hedge FUD manager: Ray Dalio says ‘good probability’ of a US Bitcoin ban
Martin Young
2021-03-25T02:32:16+00:00
37363

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