New Crypto Backed By Gold Bullion Makes Debut

2018-9-21 00:00

Earlier this month, three stablecoins (Gemini, Paxos and Carbon) that are pegged 1:1 to the U. S. dollar launched with regulatory approval. But many investors don’t like the dollar’s inflationary features and some undoubtedly prefer value stored in precious metals.

This week, a Switzerland-based startup launched an ERC-20 token whose price is tied to gold, opening a crypto-investing avenue that appeals to traditionalists.

Eidoo’s (Ekon) coin is redeemable for one gram of 99. 9 percent fine gold.

Continue reading New Crypto Backed By Gold Bullion Makes Debut at Crypto Daily™.

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Источник: cryptodaily.co.uk

gold crypto → Результатов: 96

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Samsung Goldex announced that it will actively promote the establishment of “Gold & Crypto Asset Bank”, a new decentralized financial institute, combining the conventional gold...

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Crypto Gold (PAXG) Goes up 40% Against Bitcoin (BTC) During Latest Collapse

Crypto gold once again proves itself as safe haven

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Stable Gold May Act As A Hedge Against Crypto Volatility Says Top Gold Miner

The age-old safe haven asset is tangible, and crypto holders should consider having some gold, said Newcrest Mining Ltd. CEO Sandeep Biswas. The post Stable Gold May Act As A Hedge Against Crypto Volatility Says Top Gold Miner first appeared on BitcoinExchangeGuide.

2021-2-13 22:24	Gold Store of Value
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Bitcoin (BTC) Outperforms Apple (AAPL), Tesla (TSLA) and Gold (XAU): Crypto Trader

Crypto trader shares data revealing that since January of last year BTC has outpaced the share price of market giants, such as Tesla, Apple and Facebook, as well as gold

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Barrick Gold Executive Believes Bitcoin and Crypto Assets Are Not Competitive With Gold

The North America COO of Barrick Gold, known as the largest gold mining company in the whole world, recently talked about whether the crypto industry can be considered a threat to the gold industry or not.

2019-9-19 22:42	Gold Store of Value
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Real Gold Can Now Be Digitalized for the Crypto Market

The new GOLD stablecoin has been launched by crypto platform Digital Gold, making it possible for both cryptocurrency and precious metal enthusiasts to own digitized real gold that is transferred over by blockchain technology.

2019-9-12 03:03	Gold
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Veteran Investor: Demand For ‘Psycho Crypto Currencies’ Good For Gold Prices

Bitcoin has often been compared with gold as it shares a number of similar traits. Both are safe haven assets, immune from government meddling, and both have a strong perception of scarcity. One veteran investor sees a strong demand for bitcoin and crypto assets as a bullish indicator for gold prices.

2019-8-20 14:00
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Crypto Pundit Peter Schiff Says Gold Is In Early Bull Market, But Bitcoin Is a Sucker’s Rally

Bitcoin has drawn many comparisons to Gold, and is often referred to as the digital version of the precious metal and commodity due to its scarcity, potential as an economic hedge, and use as a store of value, among many others similarities the crypto asset and Gold share.

2019-6-22 02:00	Peter Schiff
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Bitcoin Fraudster Duped Italian Investors out of $300,000 in Gold & Crypto

Gold and bitcoins worth of hundreds of thousands of euros are the spoils of an elaborate online fraud discovered by the postal police in Liguria, Italy. Bitcoin Scam Artist Impersonated Swiss Crypto Firm Local sources reported that the Italian authorities recently arrested a Genoa-based computer expert who entangled his victims by exploiting encrypted communication channels and false identities found on the darknet.

2019-3-22 20:16
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Op Ed: Why Your Financial Advisor Won't Talk to You About Bitcoin

Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.

2018-9-21 19:18	Op-ed
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Криптовалютный стартап Eidoo объявил о запуске стейблкоина, привязанного к золоту

Швейцарский блокчейн-стартап Eidoo пополнил ряды проектов, запускающих собственных стейблкоинов, объявив о создании стабильной монеты, привязанной к цене золота. BREAKING NEWS: #Eidoo announces a stable coin tied to the #gold price, @Ekon_gold .

2018-9-19 21:33	золото
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Eidoo Crypto Startup Follows Stablecoin Rush Creating a Token Tied to the Price of Gold

Swiss crypto startup Eidoo will tie cryptocurrency to the price of actual gold, seeking to create a trustful and more stable ecosystem. The post Eidoo Crypto Startup Follows Stablecoin Rush Creating a Token Tied to the Price of Gold appeared first on CoinSpeaker.

2018-9-19 18:40	StableCoin
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Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold

Eidoo, the multicurrency crypto wallet and decentralized exchange, has announced a new token that's redeemable for actual gold.

2018-9-19 11:00
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OiCOiN, Spearheading The Osmium Revolution

OiCOiN is the latest blockchain project to bridge a gap between traditional precious metal investment, though it’s not what you think. With Gold crashing in popularity, OiCOiN believe that Osmium is the next precious metal to revolutionise the jewelry industry, therefore they are giving new investors the chance to jump on board now.

2018-9-18 18:15
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The Co-founder of Bitcoin Gold Will speak at the key Blockchain and Cryptocurrency Forum Blockchain Life 2018

European entrepreneur, engineer-innovator Martin Kuvandzhiev will share his unique experience with the participants on the international forum Blockchain Life 2018. Martin is known as the co-founder of the most decentralized crypto currency among bitcoins – Bitcoin Gold (hardfork bitcoin, included in TOP-30 Crypto-Coinmarketcap), founder of Cryptoapps Ltd, a member of the Board of Block projects of Credits and Depository Network,...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-16 07:00	Press Release
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How New York Times Journalist Nathaniel Popper Monitors the Crypto Market

Nathaniel Popper is a New York Times journalist who covers fintech and cryptocurrencies. He is is the author of the bestseller, “Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money.

2018-9-14 07:00
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Stablecoins Not The Solution For Bitcoins Issues

The launch of stablecoins is viewed as a palliative measure to decrease the impact of the recent crisis with Bitcoin, some have even described it as ETFs replacement for a short time. However, Barry Eichengreen, a professor of Economics UC Berkeley has said that stablecoins are not the way to fix the problem.

2018-9-12 13:30	StableCoin
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Bitcoin (BTC)’s Last Correction Before The Next Global Financial Crisis

Chart for BTC/USD (1M) Bitcoin (BTC) appears to have just completed its correction. Meanwhile, the ratio of Commodity Research Bureau Total Return Index (CRB) to that of S&P 500 sits at 0.

2018-9-8 18:00	Bitcoin
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Crypto Investors: Understand Why Bittrex Removed Bitcoin Gold (BTG)

Bitcoin Gold (BTG), a hard fork from the Bitcoin core (BTC) is set to be delisted from the Bittrex exchange on September 14. The decision comes after a $18 million USD hack happened on the BTG network in May.

2018-9-6 07:49	News
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Bittrex Exchange and Bitcoin Gold maintainers at war over 12000 BTG loss

There has been an increase in hacking operations in recent times targeted majorly as cryptocurrency exchanges since they have a good investment in the cryptocurrencies and crypto tokens listed in their site.

2018-9-5 15:44	Exchange
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Bittrex Lash Out At Bitcoin Gold After BTG Refuse To Pay Hack Compensation

Popular cryptocurrency exchange Bittrex have announced that they will be delisting Bitcoin Gold (BTG) and all BTG trading pairs after the team behind BTG refused to pay out compensation to Bittrex who suffered as a result of hacks that took place on the BTG network in May 2018.

2018-9-4 15:30	Exchanges
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Bitcoin Gold (BTG) Gets Delisted By Bittrex Crypto Exchange Due To $18 Million Hack

Bittrex Exchange Removes Bitcoin Gold From Their Exchange Among cryptocurrency startup companies, the risk of theft, extortion, or major attack is very significant. The cryptocurrency community has always been especially susceptible to crime, because of the prevalence of technology-minded hackers in the markets, as well as the anonymous nature of cryptocurrencies in general. For these […]

2018-9-4 13:37	News
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Crypto Exchange Bittrex Delists Bitcoin Gold (BTG) over Refusal to Pay

In an official announcement made by Bitcoin Gold (BTG) on September 1, 2018, the cryptocurrency is set to be delisted from Seattle-based crypto exchange Bittrex. This comes as a result of a refusal to pay 12,372 BTG to Bittrex to remain listed on the exchange.

2018-9-5 13:00
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Gold Finger: Bittrex Delists BTG In Bitter Compensation Fight

Bittrex is all set to delist Bitcoin Gold (BTG) thanks to a series of hacks that total more than $20 million in stolen funds. Bitcoin Gold is a hard fork of Bitcoin and it has gone through the wars of late.

2018-9-4 00:54	crypto exchanges
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Report: Not Another $400 Peak For Litecoin – The Bulls Have Slowed

Charlie Lee became aware of Bitcoin way back when he worked for Google. Now, the Litecoin founder compares Bitcoin to gold, saying that the crypto is even better in terms of low transaction costs and ease of storage.

2018-9-4 16:47
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Bitcoin’s Rise Reflects Governments’ Failure To Stabilize National Currencies

Bitcoin is digital gold for a digital generation. Libertarian proponents of cryptocurrencies, like America’s Founding Fathers before them, argue that fiat currencies are nothing but Monopoly paper: Why does fiat cash have value when it’s not backed by any real asset, such as gold or silver? In 1786, Thomas Paine wrote: “Gold and silver are the emissions of nature: paper is the emission of art.

2018-9-3 16:00	Cryptocurrency
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4 Places to Pay with Crypto

Have crypto to spend? Many big-name retailers are starting to integrate crypto payment processing options. In fact, Starbucks stole the headlines this summer when the coffee giant confusingly announced that it was looking into Bitcoin systems.

2018-9-1 19:00
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Singapore Firm Introduces First Crypto Exchange to Accept Physical Gold Pairing

Singapore-based OEX International is getting closer to bringing gold and Bitcoin together. The firm has partnered with PureGold. sg Group to create the first physical gold pairing that will be accepted on the crypto exchange.

2018-8-29 14:59	trading
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A Brief History Of Litecoin

Litecoin is one of the most popular cryptocurrencies currently in circulation. In this blog, we’re going to take a quick look back through the history of LTC, from its beginnings to its present-day outlook.

2018-8-27 11:30	litecoin
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Bitcoin Will Dethrone Gold as the Global Store of Value, Says CryptoOracle’s Lou Kerner

A partner and co-founder of Crypto Oracle boldly claims that owing to certain qualities Bitcoin has all the chances to replace a historic alternative asset in the long-term perspective. The post Bitcoin Will Dethrone Gold as the Global Store of Value, Says CryptoOracle’s Lou Kerner appeared first on CoinSpeaker.

2018-8-24 21:38
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Borrowers Can Now Use Gold As Collateral In Blockchain Lending

The decentralized lender ETHLend has listed the gold-backed cryptocurrency, the Digix Gold token (DGX), on its platform; enabling borrowers to effectively use gold as collateral for blockchain lending.

2018-8-23 15:00	Financial Services
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Markets Are Down, But Most Exchanges Are Doing Just Fine

As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.

2018-8-22 22:53	Investing
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What the Fork? Introduction to Bitcoin Gold and Diamond

Because Bitcoin was all about providing access to digital currencies to the global community, it wasn’t long before the crypto community fractured. Of the thousands of cryptocurrencies on the market, many are forks of other popular blockchains.

2018-8-21 20:43
bitcoin gold diamond community crypto forks fork

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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent

Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain.

2018-8-21 18:03	Mining
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Australians Can Pay Utility Bills With Bitcoin (BTC)

Bitcoin (BTC)–In terms of adoption for cryptocurrency, being able to pay for real world goods and services with the digital currency has long been viewed as the gold standard. The bear market of 2018 has led to a shift in focus away from the fundamentals of crypto and the usability of blockchain transactions in favor […] The post Australians Can Pay Utility Bills With Bitcoin (BTC) appeared first on Ethereum World News.

2018-8-21 01:48	Cryptocurrency News
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Edge Crypto Enables Litecoin (LTC) Purchase with Credit, Debit Cards

The wallet also added four new coins: Bitcoin Gold (BTG), Tether (USDT), Digibyte (DGB), and Vertcoin (VTC).

2018-8-15 17:47	News
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‘Buy Crypto’: Kim Dotcom Warns Of Looming US Dollar Implosion

Entrepreneur and MegaUpload creator Kim Dotcom has repeated his belief in Bitcoin over fiat currency, telling fans directly to “buy cryptocurrency. ” Dotcom: Crash ‘Is Coming 100 Percent’ In a series of tweets August 12, Dotcom, whose Bitcache project incorporates a Bitcoin wallet, warned over US national debt and the need to avoid the dollar.

2018-8-15 08:00	US dollar
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Crypto is a Better Long-Term Investment Than USD and Gold, Says Investor

Kim Dotcom, the German-Finnish entrepreneur and the creator of Mega, has publicly stated that gold and crypto are better long-term investments than the US dollar. In a recent statement, Dotcom said: “Trust me.

2018-8-14 13:45	Turkey
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Investing in Smart Cloud Mining: Benefits to Society and Private Capital Growth

In 2018, the Bitcoin network alone will consume about 0. 5% of the world’s electricity. Smart mining can be the solution for Bitcoin and cryptocurrencies biggest problem. Crypto-gold rush After Bitcoin’s explosive growth in 2017, a fever similar to XIX century’s gold rushes embraced the world.

2018-8-17 11:27
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South Korean Police Raid Crypto Firm Which Claimed to Possess Sunken Treasure

In the old days, people invested in gold as a store of wealth as its value was universal and largely stable. However, cryptos changed the game and attracted a lot of investment which otherwise would have gone to gold.

2018-8-11 00:00
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Bitcoin Firm Paxos to Offer Post-Trade Confirmation Service for Gold Industry

On August 9, 2018, Paxos, the parent company of crypto exchange itBit, announced the launch of the Paxos Confirmation Service, a tool designed to streamline the post-trade confirmation process for the precious metals market.

2018-8-10 19:30	trading
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The Miner’s Dilemma: Premined Coins Making Headway

Whenever cryptocurrencies come up in debate, mining is inevitably one of the biggest, and least-informed, points. From Brad Sherman to Paul Krugman, certain commentators clearly feel that since the two leading cryptocurrencies require work they must be inherently bad.

2018-8-10 21:06
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South Korea: Police Raid Firm Whose Alleged Crypto Scam Promised Investors Shipwreck Gold

South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship

2018-8-8 19:13	vietnam
investors promised south crypto scam alleged police

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New Partnership Designed to Securely Track Precious Metal Trades

Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error.

2018-8-9 18:15	blockchain
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Bitcoin Price Back Over $7,000 on Growing Support From Wall Street

Growing support from Wall Street is encouraging Bitcoin bulls. As a result, big money from financial institutions could soon enter the crypto market. Investing in Digital Gold Bitcoinist reported yesterday that Goldman Sachs is moving to solve Bitcoin’ main obstacle for institutional investors: custody.

2018-8-7 13:00
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Five Of John McAfee’s Most Bats**t Crypto Stunts

Crypto is a bit like a family. Like all families, it has that one unhinged relative trying to sell everyone on get-rich-quick schemes and conspiracy theories. John McAfee has become a reliable source of entertainment through the bear market: Bitcoin prices go up or down, but Uncle John is an inexhaustible supply of comedy gold.

2018-8-6 20:26
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‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help

South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii Donskoi.

2018-8-6 16:25	Virtual Currency
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Financial Services Firm Opens Doors to Crypto Hedge Funds

The crypto industry has received another boost with the entry of financial services giant Northern Trust in a quiet but significant move. The firm, which manages over $10.

2018-8-3 23:41	Investing
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“If Bitcoin is Digital Gold, then Litecoin is Digital Silver” Say’s eToro

Mati Greenspan, a Senior Market Analyst at eToro has uploaded a ‘market research summary’ for Litecoin, which discusses Litecoin as the silver to Bitcoin’s gold. eToro believe that Litecoin is built upon one of the ‘most established’ networks in the world and that it is a viable currency as a store value and a means of exchange.

2018-8-2 16:30	litecoin
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