11 / 14 Relevant items tagged with #Gold
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Economist Peter Schiff Surprises Critics, Dives Into Bitcoin-Backed NFT Market
[May 27, 2023 10:00 AM] Economist and ardent gold advocate Peter Schiff caused a stir on Friday by announcing his participation in an upcoming art sale featuring non-fungible tokens (NFTs). These unique digital collectibles will be minted on the Bitcoin blockchain using…
Venezuela Seeks to Regain Control of More Than $1.8 Billion in Gold After Interim Government Dissolves
[May 25, 2023 3:30 PM] The government of Venezuela is seeking to regain control of more than $1.8 billion in gold deposited in the vaults of the Bank of England. Officials of Maduro’s government appealed to the London Court of Appeals that the destitution of Juan…
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
Gold Prices Poised to Skyrocket as Expert Predicts Fourfold Increase in Demand
[May 22, 2023 11:30 AM] Although gold has been trading below the $2K range since May 16, 2023, Rick Rule, the founder of Rule Investment Media, is confident that the struggling U.S. economy will cause demand for precious metals like gold to skyrocket. In an interview…
Ron Paul Denounces US Government ‘Deceptions’ on Inflation; Mentions Federal Reserve Involvement
[May 22, 2023 1:30 AM] Ron Paul, a former congressman from Texas and former U.S. presidential candidate, has reflected on how the U.S. government is handling inflation and how it has been deceitful on the issue. Paul believes that if the U.S. government were to really…
UBS Offers 3 Reasons to ‘Buy Gold Now’ — Forecasts All-Time High This Year
Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest
[May 21, 2023 9:16 AM] Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern.
Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation
[May 15, 2023 4:30 PM] In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency…
Bitcoin a top-3 asset in the event of US debt default: Survey
[May 15, 2023 3:44 AM] Bitcoin would be a more popular safe haven than the U.S. dollar, the Japanese yen or the Swiss franc, according to a new survey.
Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
[May 14, 2023 11:22 PM] The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability
[May 11, 2023 3:30 AM] The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency. Instead of using gold-backed digital currency to limit the demand for the greenback, the global lender…
Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves
[May 10, 2023 10:10 AM] The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.
Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative
[May 8, 2023 6:55 PM] The company said the product’s finalized payoff depends on the joint performance of both BTC and its gold-backed token XAUT.
Central Bank’s Gold Purchases Make ‘Record Breaking Start’ in Q1 2023; 228.4 Tonnes Added to World Reserves
[May 8, 2023 1:30 AM] Central banks have continued to consistently purchase gold during the first quarter of 2023, according to the latest report of the World Gold Council (WGC), the global gold statistics organization. Central banks added nearly 230 tonnes of gold to…
Bitcoin Provides Insurance Against Fiat Currency Failure, Says Validus Power Corp.’s Greg Foss
Texas House Advances Gold-Backed Digital Currency Bill
[May 5, 2023 11:30 PM] Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as law, the bill, which is being discussed by a Texas House committee, would create an electronic system for users to…
U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan
[May 5, 2023 5:36 AM] This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.
Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase
[May 3, 2023 7:30 PM] Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gains ranging from 0.87% to 1.18%. Gold, in…
China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks
[May 2, 2023 12:15 AM] Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry managed to recover its extraction levels, reaching numbers it saw before the Covid…
Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023
[Apr 28, 2023 4:00 AM] A Bank of America (BOFA) commodity strategist has postulated that gold, should it continue to flourish in 2023, could pave the way for a climb to $2,500 per ounce. Presently priced at $1,983 per unit, the precious metal remains just shy of the…
Google Trends Shows Surge in How to Buy Gold and Bitcoin Searches Amidst US Banking Upheaval
[Apr 26, 2023 1:30 PM] In the midst of the banking upheaval in the United States, Google Trends has revealed a notable surge in searches related to the acquisition of gold, with the search query reaching a perfect score of 100 during the first week of April 2023…
Ron Paul on the Future of the US Dollar: ‘The World Is Clearly De-Dollarizing’
[Apr 24, 2023 3:30 PM] Ron Paul, the former U.S. presidential candidate and former U.S. congressman, has stated that recent geopolitical events have caused nations to start ditching the U.S. dollar. Paul stated that the debasement of the currency, the manipulation of…
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
[Apr 24, 2023 3:23 AM] The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so they can hedge against the currency's volatility.
Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives
Bitcoin ignores US jobs data as BTC price dip puts $28K support at risk
[Apr 20, 2023 8:38 AM] Eyes are on $28,000 support to hold in the event of continued downside, but Binance order book data warns that even this may be "rugged."
Gold Slides on Higher US Treasury Yields, Dollar
[Apr 19, 2023 11:30 AM] Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United…
Gold Bugs Still Don’t Get It: Bitcoin’s Ledger Makes It The Better Store Of Value
[Apr 16, 2023 6:00 AM] Many of gold bugs’ values overlap with Bitcoin, but they dismiss BTC without understanding the superiority of its digital ledger. This is an opinion editorial by Luke Groom, a civil engineer, JD-MBA student and part-time strategy associate with…
Healthy Bitcoin rally: What does a margin lending ratio drop mean for BTC price?
[Apr 15, 2023 6:37 AM] Will $30,000 BTC price hold? Bitcoin market structure remains bullish with another 10% gain on the table as sellers refrain from shorting.
Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America
[Apr 14, 2023 3:10 AM] The tokenized gold market reached over $1 billion in value last month, the report said.