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
The declaration appears as Bitcoin pops back above $50,000, with its addition in a gold-bond portfolio outperforming the S&P 500 index.
Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts
Yashu Gola
2021-09-04T18:44:50+01:00
9482
Markets News
Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year.
Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report
Yashu Gola
2021-09-03T16:20:00+01:00
11596
News
Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said.
Survey finds 77% of Russian investors prefer Bitcoin to gold and forex
Helen Partz
2021-09-01T11:17:59+01:00
4126
News
The billionaire subprime short-trader in the 2008 financial crash said that digital assets have a “limited supply of nothing.”
Billionaire investor John Paulson says crypto has ‘no intrinsic value’
Tom Farren
2021-08-30T14:18:03+01:00
12514
News
During the debate, Schiff said that “in reality, Bitcoin and gold have absolutely nothing in common” as gold has value due to its metallic properties, while Bit...
Peter Schiff wins debate over whether gold is a better store of value than BTC
Brian Quarmby
2021-08-27T05:28:00+01:00
33957
Market Analysis
Long-dated U.S. Treasury yields are slumping ahead of the Jackson Hole meeting.
Bloomberg strategist explains why 30-year US bonds have 'bullish implications' for Bitcoin
Yashu Gola
2021-08-23T17:31:44+01:00
6189
News
Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assuran...
Unstable Bitcoin price to pivot investment flow to gold, mining chief says
Osato Avan-Nomayo
2021-08-20T12:36:23+01:00
11606
Market Analysis
The statement appeared as a takeaway from Blockworks’ “Bretton Woods: The Realignment” conference that gathered economists, macro analysts and investors to disc...
Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods’ 50th anniversary
Yashu Gola
2021-08-17T13:00:00+01:00
13490

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