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Turkish Takasbank Announces Blockchain Platform for Gold Trading

News Turkey's Istanbul Clearing, Settlement and Custody Bank (Takasbank) has announced its blockchain-based platform for trading physical gold. Dubbed BiGA, Takasbank’s new project aims to enable people to transfer physical gold stored at the Borsa Istanbul Stock Exchange (BIST), Turkey'..

Bitcoin Price Corrects While Gold Sees Worst Daily Drop in 2.5 Years

Market Update Thursday, Sept. 5 — after failing to break $10,800 price point, Bitcoin continued to hover around $10,500, while most of the top 20 coins saw major losses.Market visualization | Source: Coin360 After hitting an intraday high of $10,761, Bitcoin has seen a notable decline and contin..

Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold

News Stablecoin operator Paxos launched PAX Gold (PAXG), a gold-backed Ethereum (ETH) token. Paxos announced the launch of the product above in a press release published on Sept. 5, claiming that it is “the first crypto-asset redeemable for physical gold.” Furthermore, the New York State Departmen..

Mark Mobius Argues Bitcoin Should Be Backed by Gold to Have Any Value

News Famous emerging markets investor Mark Mobius believes that Bitcoin (BTC) needs to be backed by gold to have any value. Crypto and blockchain are “very risky situations”Mobius, founder at frontier markets asset manager Mobius Capital Partners, expressed concerns over risks associated with cryp..

Crypto Brokerage Confirms Bitcoin Being Used as Safe Haven

Despite 2018’s harrowing performance, Bitcoin and its ilk are outperforming all other asset classes in the public market. While some have pinned this trend to market cycles, data is showing that at least some of Bitcoin’s rally has been aided by investors using it as a safe haven. Data from eToro, ..

‘Bitcoin Fixes This’ — Thousands of Fake Gold Bars Dilute Market Supply

News Bitcoin’s (BTC) utility over gold has returned to the spotlight after news emerged of hundreds of fake bars infiltrating the precious metals market. A major forgery problemAs Reuters reported on Aug. 28, the gold industry is currently facing a forgery crisis — with fake kilogram bars found in..

Bitcoin Price ‘Will Never Hit $50K’ Gold Bug Peter Schiff Tells Tom Lee

News Bitcoin (BTC)price will never make it to $50,000, gold bug and crypto skeptic Peter Schiff has claimed in the latest attack on the largest cryptocurrency. ‘This is hysterical’In a social media debate on Aug. 20, Schiff, who is well known for his distaste for Bitcoin, said that gold would defi..

Legendary Investor: Bitcoin Will Drive Demand for “Real, Hard” Gold

Bitcoin and gold have both had stellar years so far. The cryptocurrency has gained some 200% since the start of the year; gold is up to highs not seen since the wake of the Great Recession of 2008. This comes as a majority of other assets have started to stumble, specifically on the back of trade w..

What’s Driving Up Bitcoin Price? Central Banks, Says FT Reporter

News The Financial Times' chief correspondent for international finance has argued that central banks can ironically be credited for igniting Bitcoin’s price. In a column for Nikkei Asian Review on Aug. 21, Henry Sender said that banks’ dovish policies are spurring an increasing recognition o..

PR: Kinesis Partners With Hardware Wallet Provider CoolbitX

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. 21/08/2019, London: Kinesis is proud to announce a partn..

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