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Category: metals
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BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’
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Major Producer Nornickel Issues Its First Metal Contract-Backed Digital Coins
One of the world’s biggest palladium producers, based in Russia, announced that it’s starting the first stage of issuing blockchain-powered tokens to its industrial partners Traxys and Umicore. Palladium Producer Giant Issues Its First Blockchain-Powered Tokens According to the announcement, Norilsk Nickel (known as Nornickel) said the issuance of the digital coins involves metal contracts, […]
The post Major Producer Nornickel Issues Its First Metal Contract-Backed Digital Coins appeared first on Bitcoin News.
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US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing Confidence in US Dollar Investors are increasingly viewing the U.S. dollar […]
The post US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises appeared first on Bitcoin News.
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Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals
The new Uphold mobile app features an ‘Anything to Anything’ interface, which lets users easily trade directly between more than 60 assets. This means that Uphold users in the UK for example, can now directly buy bitcoin cash (BCH) with their local GBP fiat without having to use an intermediary currency such as USD or […]
The post Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals appeared first on Bitcoin News.
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WEF’s Mining Blockchain Initiative Aims for ‘Industry-Wide Trust’
The WEF’s new blockchain initiative aims to establish efficiency and transparency within the metals and mining industry — so what are the chances?
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New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’
Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital […]
The post New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’ appeared first on Bitcoin News.
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