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News about Bitcoin, ICO, Blockchain Technology, investment, mining

Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar's Decline

The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade.

5 JANUARY 2022

In first, crypto market maker B2C2 launches a gold derivative, settled in bitcoin

In first, crypto market maker B2C2 launches a gold derivative, settled in bitcoin

B2C2, a cryptocurrency liquidity provider and an over-the-counter (OTC) trading firm based in London, has launched a new gold derivative product, which is priced and settled in bitcoin (BTC).

11 OCTOBER 2019

Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease

Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease

Veteran investor Mark Mobius gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. Prices climbed.

20 AUGUST 2019

Billionaire Mark Cuban: ‘I See Gold and Bitcoin as Being the Same Thing’

Billionaire Mark Cuban: ‘I See Gold and Bitcoin as Being the Same Thing’

Mark Cuban, owner of the Dallas Mavericks professional basketball team, has said that he hates gold as an investment, and views Bitcoin (BTC) as fundamentally similar to gold.

10 AUGUST 2019

Bitcoin [BTC]: Comparing Gold and Bitcoin is madness, claims John McAfeeAkash Anand

Bitcoin [BTC]: Comparing Gold and Bitcoin is madness, claims John McAfeeAkash Anand

The debate on the characteristics of gold and Bitcoin [BTC] has been a prolonged one, with many proponents of the cryptocurrency field getting in on the action by making the case for the world’s largest cryptocurrency. In a recent series of tweets, John McAfee spoke about the differences between gold and Bitcoin. He tweeted,

29 MAY 2019

Sprott CEO Predicts Bullish Future for Blockchain-Based Digital Gold

Sprott CEO Predicts Bullish Future for Blockchain-Based Digital Gold

Peter Grosskopf, CEO of the global asset manager Sprott, has posited that blockchain technology will make gold a more valuable and practical asset, according to an interview with Kitco News on May 7.

8 MAY 2019

Cryptos ‘Not a Substitute’ for the Precious Metal, Says World Gold Council

Cryptocurrencies are “no substitute for gold,” according to the World Gold Council (WGC).

21 FEBRUARY 2019

Tone Vays: Government can confiscate bitcoins, as gold was confiscated from banks in 1934

Famous American cryptotrader trader and analyst Tone Vays, who has worked in the top investment bank US Bear Stearns and vice-president in JP Morgan Chase, left Wall Street in 2013 and engaged into crypto trading. LetKnow.News managed to get an exclusive interview from the expert, in which Tone Vays predicted the course of bitcoin by the end of 2018, and also spoke about his attitude to stablecoins and the regulation of crypto industry.

24 SEPTEMBER 2018

Crypto Market will Swallow Gold Market in 2019

According to the World Gold Council, as of the end of 2017 total gold market capitalization was around $7.8 trillion. The current value of gold is $1215USD/oz. Besides some ups and downs, the value has remained unchanged since the summer of 2013. The stagnation in the gold market could be an indicator of a lot of different things, but it does stand in contrast to the predicted boom which many were sure would accompany the Fed's normalization of monetary policy.

9 AUGUST 2018

Canadian Mining Firm Abandons Gold to Focus on Crypto Mining

A Canadian mining firm has abandoned digging for gold and has shifted to scouring the internet to look for a different kind of precious asset – Bitcoin, which it found to shine brighter.

6 APRIL 2018

Could Bitcoin And Gold Benefit From Weakness In The Stock Market?

Stocks have encountered some notable volatility lately, with the benchmark S&P 500 Index suffering a correction last month and experiencing further weakness in March.

24 MARCH 2018

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