18-08-2017
03:00 am
=

Tag: gold

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...


Dubai’s OneGram Claims to Create The World’s First Digital Gold-Backed Currency No Comments

Linking a digital currency to gold is an intriguing concept. Various countries want to issue national digital currencies linked to their regular valuta. OneGram, a company in Dubai, is doing things very differently. The Islamic financial services and technology company is looking to establish the world's first gold-backed digital currency. For some investors, this will create a product combining t...


Choosing Between Gold and Bitcoin. Bitcoin News Newsbtc.

Bitcoin and Gold Price Forecast Looks Good for Rest of the Year No Comments

Bitcoin has had a great run this year so far and it is expected to further continue in the coming months due to various influencing factors. Faced with similar circumstances, the cryptocurrency's physical counterpart -- Gold is expected to showcase similar tendencies as well. According to the Italian Bank — Intesa Sanpaolo, the price per troy ounce of gold is expected to climb from last week...


NewsBTC Bitcoin price Gold

Gold Value And Bitcoin Price Simultaenously Surge To Five-Month Highs No Comments

People often like to draw parallels between the price of gold and bitcoin. Cryptocurrency is often referred to as the digital gold rush, thus such a comparison makes some sense. What is even more astounding is how both the bitcoin price and gold value see significant price appreciations around the same time. Gold has surged to a five-month high, and bitcoin has been doing the exact same. Look...


NewsBTC Russia China Gold-backed Standard

China and Russia Strengthen Ties To Replace US Dollar With a Gold-backed Trading Standard No Comments

Russia and China have been in cahoots for quite some time now. Not only have both countries developed a payment network to rival SWIFT, they are also looking to rid of the US Dollar. A new alliance between both nations will focus on a gold-backed trading standard. Bypassing the US Dollar is quite an ambitious goal, but it is not entirely impossible either. A few weeks ago, the Russian Central B...


bitcoin price, etf, japan, china

Bitcoin Surpasses Gold, Will It Stay Strong? No Comments

Bitcoin price has become the topic of discussion among all leading media outlets. With the cryptocurrency's price reaching an all-time high of $1281, it has surpassed the price of gold. A troy ounce of gold is currently valued at around $1,233, whereas the "digital gold" registers a value much higher than that. Bitcoin seems to have broken the jinxed price barrier, by rising beyond the earlier ...


BItcoiN Gold Assets 2017

2017 Will be A Great Year For Save Haven Assets No Comments

Comparisons between gold and bitcoin continue to be drawn, even though these two assets are not exactly alike. The outlook for both speculative assets is looking quite good for now, even though it is hard to predict what will happen next. Both assets can see significant value gains throughout 2017, even though it remains to be seen if that will be the case. Demand for non-currency assets is expect...


Gold Trump Bitcoin

Safe-Haven Assets Gold and Bitcoin May Benefit From Trump’s Speech No Comments

The impending inauguration of Donald Trump will send shockwaves through the global financial sector. Some experts feel gold prices will soar, depending what Trump says during his speech. At the same time, Bitcoin's value could go up by quite a margin as well. Safe-haven assets will be in high demand moving forward, that much seems to be a foregone conclusion. Trump's inauguration is getting a l...


SUBSCRIBE TO OUR NEWSLETTER