Gold Price Rips Lower After Massive Selloff as Dollar Spikes, Dow Hovers Near All-Time High

2019-11-6 19:30

Gold plunged 1. 5% on Tuesday as risk-off assets suffered. U. S. services PMI improved more than expected in October, according to the Institute for Supply Management. U. S. dollar hits three-week high against a basket of currencies.

The price of gold plunged on Tuesday, wiping out more than a week’s worth of progress as keener appetite for […]

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Источник: ccn.com

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Survey: 76% of Americans Oppose the Idea of US Govt. Replacing Paper Money with Digital Money

How well does American understand money? is the question Genesis Mining tries to find the answer in its latest survey. 29% Believe the US Dollar is Backed by Gold The survey revealed that out of the 1,000 Americans surveyed on September 17th, 2019, 29% of the participants believe that gold still backs the US dollar. […]

2019-11-5 17:26


US Based Crypto Exchange, Kraken, Rolls Out Omisego (OMG) and Pax Gold (PAXG) Trading

Kraken, the World’s 12th largest Crypto Exchange, as per Coin360 states, recently added Ethereum based tokens, Omisego and Pax Gold, to its ecosystem. Its clients will now be able to transact the two tokens against fiat currencies like the Dollar and Euro in addition to Bitcoin and Ether crypto coins. The coin exchange whose headquarters […]

2019-10-29 16:16


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Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future

Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status.

2019-7-24 13:00


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Bitcoin ‘Will Hit $1 Trillion Market Cap’ By 2025, Willy Woo Reaffirms

Bitcoin is on course to hit a $1 trillion dollar market cap in its current cycle, and next time will beat gold, Willy Woo has said. Woo Stands By 2013 BTC Prediction Speaking on an episode of the Coinist Podcast on July 4, Woo, who is a well-known analyst of the Bitcoin blockchain with several dedicated resources, stuck by his predictions for the cryptocurrency’s near-term future.

2019-7-5 15:00


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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


History Shows Reserve Currencies Come & Go, So, Central Banks Stockpile Gold, Is Bitcoin Next On The List?

History Shows Reserve Currencies Come & Go, So, Central Banks Stockpiling Gold, Is Bitcoin Next On The List? Central banks and foreign governments buying gold at the fastest pace in six years US Dollar’s days as a reserve currency are numbered Just a decade old, Digital gold – Bitcoin could emerge as a global reserve […]

2019-5-17 22:17


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Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize

A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed.

2019-4-16 23:28


Bitcoin Outperforms Nasdaq 100, S&P 500, Grows Whopping 37% in 2019

Since January 1, according to OnChainFX, the bitcoin price is up 37 percent year-to-date against the U. S. dollar, outperforming most indices including the S&P 500 and the Nasdaq 100. 2019 Returns…Oil $USO: +38%Bitcoin $BTC: +35%Nasdaq 100 $QQQ: +21%REITs $VNQ: +19%MLPs $AMLP: +18%Small Caps $IWM: +18%S&P 500 $SPY: +17%EM $EEM: +14%EAFE $EFA: +13%Commodities $DBC: +13%High Yield $HYG: +9%Investment Grade $LQD: +6%Bonds $AGG: +2%Gold $GLD: +0.

2019-4-14 14:35


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