‘You OK Boomer?’ Gold Sees Biggest Loss Since 2013 as Bitcoin Steadies
Gold follows Bitcoin and traditional markets in plummeting fast at the hands of ongoing coronavirus panic Go to Source Powered by WPeMatico
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Defining Bitcoin: Money, Currency or Store of Value
Currency, money, digital gold? The industry takes a jab at categorizing Bitcoin as the halving approaches Go to Source Powered by WPeMatico
Peter Schiff ‘Concedes’ Bitcoin Profitable, But Won’t Succeed as Money
Bitcoin can net you “a lot of money” but isn’t actually money itself, says Bitcoin holder Peter Schiff Go to Source Powered by WPeMatico
“Every Asset Class Will Be Digitized and Tokenized,” Says Cred Co-Founder
Traditional asset classes are being digitized rapidly. “Look at the $8-trillion market for gold. More gold today is held globally as an ETF than as a bar of gold,” says Cred’s CEO Go to Source Powered by WPeMatico
Prediction: Bitcoin to Rival Gold as a Store of Value in the Digital Age Thanks to Halving
The total market capitalization of gold is estimated to be above $7 trillion, which is over 38 times that of bitcoin at the moment. However, there are those that think that the cryptocurrency is a better store of value for our age than the precious metal. The latest take on the idea explains how the … Read more
Coinbase Says Bitcoin Will Become Closer to Digital Gold in 93 Days
Coinbase explains the key reasons that Bitcoin earns its reputation as digital gold Go to Source Powered by WPeMatico
World Markets – Managed Trading Accounts
Trading in any market can be a difficult thing, especially if you lack technical knowledge. Luckily, there are services like managed investment accounts, where a professional does all the work for you. A managed investment account (or portfolio) can be defined as a set of assets that are given to a certain financial company, a … Read more
Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders
Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How to Obscure Bitcoin Cash Transaction Data by Leveraging Cashfusion Microbt … Read more
Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency
While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money … Read more
Bitfinex Users Can Now Trade Tether Gold Stablecoin Against Bitcoin
Bitfinex rolls out Tether Gold trading against Bitcoin after launching support for the gold-backed stablecoin last week Go to Source Powered by WPeMatico
