Auto Added by WPeMatico
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse […]Powered by WPeMatico
On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold. Precious Metals Price […]Powered by WPeMatico
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide lower, edging toward “extreme fear.” Furthermore, the chief strategist at bubbatrading.com, Todd ‘Bubba’ […]Powered by WPeMatico
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of […]Powered by WPeMatico
On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand. Gold’s Value Surges Higher Amid Commodities […]Powered by WPeMatico
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered strength this week, crypto-asset […]Powered by WPeMatico
Malta’s futuristic design to be the “Blockchain Island” has suffered a setback as 70% of companies in the sector have not sought licensing. Six months after the deadline, only 26 companies have applied for licensing and none has been granted one. Malta initiated legislation to regulate virtual financial assets in 2018 and invited companies to […]
The post Malta’s ‘Blockchain Island’ Dream Deferred as 70% Entities Shun Licensing appeared first on Bitcoin News.
Powered by WPeMatico
At the Israel Bitcoin Summit at Tel Aviv University on Jan. 8, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies will rise in countries sanctioned from trade and economies suffering from failed monetary planning. Szabo also argued that the world’s central banks might turn to cryptocurrency reserves in the future in order […]
The post Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold appeared first on Bitcoin News.
Powered by WPeMatico
In Monday’s edition of The Daily we cover the news that Bittrex exchange has invested in a new Malta-based trading platform aimed at institutions, and a research report which predicts that the crypto ATM market will grow by over 50% a year and more. Also Read: Petro Has No Users, No Investors and No Oil to […]
The post The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over 50% a Year appeared first on Bitcoin News.
Powered by WPeMatico
Money Metals Exchange Now Transacts in Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and More…
National precious metals dealer Money Metals Exchange today announced expanded services for customers engaging in precious metals transactions and wishing to make or receive payment in any of several crypto-currencies.
The post PR: Money Metals Exchange – Investors Can Now Buy and Sell Precious Metals Using Various Crypto-Currencies appeared first on Bitcoin News.
Powered by WPeMatico