Crypto Not Competitive With Gold: Barrick Gold Exec
Catherine Raw, a COO at the world’s largest gold mining firm, said that cryptocurrencies are not competitive with gold Go to Source Powered by WPeMatico
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Catherine Raw, a COO at the world’s largest gold mining firm, said that cryptocurrencies are not competitive with gold Go to Source Powered by WPeMatico
With the recent launch of regulated crypto offerings such as PAXG and BUSD on the market, the global digital currency landscape appears to be rapidly evolving Go to Source Powered by WPeMatico
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. Also Read: Money and Democracy: Why … Read more
There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people distrust the sovereign bolivar. Unfortunately, most Venezuelans are not getting any exposure to digital currency … Read more
In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and balance … Read more
Gold has historically been a reserve currency for many countries and an important wealth metric for economies. Today, it still plays an important role in each of these factors, but the issue of digitization of the precious metal has been rather slow and mostly confined to long-term storage solutions and not transactions themselves. With the … Read more
Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism. Also Read: Bitmain Launches Next Gen Miner as Bitcoin Hashrate … Read more
Turkey’s Takasbank has announced the completion of a blockchain-based platform for trading gold Go to Source Powered by WPeMatico
For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to … Read more
Bitcoin continues to hover around $10,500, while gold hits a 2-year record of daily sell-off Go to Source Powered by WPeMatico