Tag: gold

Goldman Sachs Still Advises People to buy Gold Over Bitcoin No Comments

The financial sector has no love lost for Bitcoin and cryptocurrency. Especially major financial players are trying to keep people away from BTC right now. Goldman Sachs is one of those entities still on the fence about cryptocurrencies. For now, the bank still advises investors to buy gold over Bitcoin. An interesting stance, considering Bitcoin is worth four times as much. The recent Bitcoin ...


Banks like Goldman Sachs are Recognizing Bitcoin as a Safe Haven Asset No Comments

Goldman Sachs analysts including Jeffrey Currie and Michael Hinds have compared Bitcoin to gold, and the relevance of Bitcoin as a safe haven asset in the global economy. Demand For Bitcoin as Safe Haven Asset is Increasing Over the past two years, the demand for Bitcoin has increased at an exponential rate, as the market cap of Bitcoin surpassed that of leading financnail institutions such as G...


Robert Shiller: “Bitcoin is a Fad” but “I’ll take Bitcoin” No Comments

Nobel Prize-winning economist Robert Shiller appeared on CNBC's "Closing Bell" earlier today. During the interview he commented on the "strange enthusiasm" people seem to have for Bitcoin but ultimately sums up the cryptocurrency up as a "fad", comparing it to the phenomena of bimetallism. For those unaware, bimetallism refers to a trend that occurred in the late nineteenth century. People bega...


GoldMint

GoldMint Onboards Advisors Daniel Kottke and Leonid Boguslavsky as Charlie Shrem Continues to Guide the Development No Comments

An innovative platform, GoldMint that operates gold-backed cryptoassets has launched its ICO on September 20, 2017, and has already raised $4.5 mln. This project aims to provide a unique set of gold ownership solutions for cryptocurrency investors and enthusiasts worldwide. To realize this project, the developers are expanding the team to include more experienced individuals. Charlie Shrem is ...


Darico, cryptocurrency, press release

DARICO – a Unique Asset Based Cryptocurrency in the Market No Comments

Darico, an exclusive asset-backed cryptocurrency blends the profitability of the best reserves of Bitcoin and Gold. This is going to be the first digital currency having benefits of Bitcoin’s growth potential, peace of mind and security offered by gold, in a single package. The team, aimed to develop an entirely new investment ecosystem, will soon announce the launch of the crowdsale. Darico ...


GoldMint

GoldMint ICO: $4 Mln Raised in One Day No Comments

Commodities have been defined as products that can be bought or sold. Over the ages, these have been the store of wealth. Gold as a commodity has always been the go-to asset for most investors across the world. Some of the notable reasons why gold as a commodity is highly valued are: The asset is scarce This asset is also portable This asset is used widely in the development of industri...


GoldMint

The Agreement That Shifts the Paradigm of Gold-Backed Tokens. No Comments

On September 4, 2017 Eurasia, the platinum, palladium, iridium, rhodium and gold production company, is pleased to announce it has entered into an agreement with GoldMint PTE, a Singapore based Limited Company, to collaborate on establishing a method for the application of blockchain based technology to the development of resource industry projects. Eurasia Mining is a production company and a lon...


Investors Find Digital Gold to Be More Attractive Than Actual Gold No Comments

The” Digital Gold” is in the process of displacing the actual gold from its coveted position as an investment instrument and a store of value. Bitcoin and more recently Ethereum have become the investors' favorite following their stellar performance. Thanks to the rapid growth of both cryptocurrencies this year, the digital currency market is witnessing a massive influx of funds. According ...


NewsBTC US Dollar Gold Bitcoin

US Dollar Takes a Big Hit, Gold Surges, and Bitcoin Continues Sideways Momentum No Comments

A lot of interesting things are happening in the world of finance right now. It appears the US Dollar bull run is finally showing some signs of weakening. In fact, the US Dollar is tanking in value right now. At the same time, demand for bullion is on the rise once again. Unfortunately, none of this news is doing much for Bitcoin, as the cryptocurrency remains stuck in sideways action for now. ...


Bitcoin Will Not Reduce Popularity of Gold in South Africa Anytime Soon No Comments

Many enthusiasts feel Bitcoin will become more popular than gold at some point. It is true the price per BTC has surpassed the value of one ounce of gold. However, that will not impact the popularity of gold by any means. Over in South Africa, gold still remains a far more attractive investment vehicle. There is no reason for immediate concern, as people can diversify holdings through multiple ass...


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