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Gold Is A Worthy Role Model For BTC, Says BNY Mellon In A ‘Bitcoin Valuations’ Report

The bank says it is important to consider the value of an alternative currency, Bitcoin, in the current environment where “the intrinsic value of fiat currencies is increasingly being questioned.” The post Gold Is A Worthy Role Model For BTC, Says BNY Mellon In A ‘Bitcoin Valuations’ Report first appeared on BitcoinExchangeGuide. дальше »

2021-3-29 15:43


Bitgesell, the New Digital Gold’s First Halving Just Happened

Bitgesell, the evolutionary successor of Bitcoin, has recently concluded its halving event, today March 28th, 2021. Triggered by the blockchain hitting block 52500, the first annual halving event on Bitgesell ecosystem has reduced the block reward from the previous 200 BGL to 100 BGL as the blockchain moves ever closer toward becoming an ideal store […] дальше »

2021-3-28 16:00


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Waves, PotCoin, Theta price analysis roundup

The cryptocurrency market is advancing this Saturday, and this situation also supports Waves, PotCoin, and Theta’s price. Bitcoin price has advanced again above $55000 resistance level, and it is important to mention that popular investor Ray Dalio said this week that Bitcoin could have a similar impact on the financial world as gold in the […] The post Waves, PotCoin, Theta price analysis roundup appeared first on Invezz. дальше »

2021-3-28 20:30


How Elon Musk’s Bitcoin tweet spurred a public disagreement between Schiff father and son

Bitcoin vs Gold argument will never get old, at least in the Schiff family. Recently, advocate for the yellow metal, Peter Schiff, and his Bitcoin maximalist teenage son Spencer Schiff went public witThe post How Elon Musk’s Bitcoin tweet spurred a public disagreement between Schiff father and son appeared first on AMBCrypto. дальше »

2021-3-25 01:30


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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says

The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More дальше »

2021-3-24 16:30


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Why FED Chairman thinks Bitcoin is a substitute for gold

In the Bank of International Settlements Innovation Summit, the U.S. Federal Reserve Chairman Jerome Powell referred to cryptocurrencies and their position next to the dollar. For Powell, assets such as Bitcoin present very high fluctuations in their price and have no “underlying valued”, a position familiar to the official: Crypto assets are highly volatile — […] дальше »

2021-3-23 21:54


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Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation

A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against inflation has been somewhat exaggerated.” […] дальше »

2021-3-13 13:30


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The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove

A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled into the economy by the ton, […] дальше »

2021-3-13 06:00