Gold

The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so that they can hedge against the currency's volatility.

By Camomile Shumba

Apr 24, 2023 at 9:23 a.m. UTC

Apr 24, 2023

ZimbabweCBDCGoldAfricaU.S. Dollar

Finance

Tokenization

Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America

The tokenized gold market reached over $1 billion in value last month, the report said.

By Will Canny

Apr 14, 2023 at 9:10 a.m. UTC

Apr 14, 2023

TokenizationTokenized AssetsGoldBank of America

Markets

Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High

This a type of stablecoin pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer.

By Krisztian Sandor

Apr 4, 2023 at 9:06 p.m. UTC

Apr 4, 2023

MarketsStablecoinsPaxosTetherGoldTokenized AssetsBitcoin

Video

Nasdaq

Bitcoin Recovers Above Key $28K Level

Bitcoin (BTC) is heading for its best quarter in two years, outperforming ether, gold and the Nasdaq. Bitcoin is "the biggest beneficiary of everything that's going on," said...

By CoinDesk Inc

Mar 29, 2023 at 2:45 p.m. UTC

Mar 29, 2023

NasdaqGoldcdtvJeff DormanArcaEtherFM ClipSocial_Clip

Markets

Bitcoin

Bitcoin Heads for Best Quarter in 2 Years, Outperforms Ether, Gold, Nasdaq

One observer said poor order book depth is primarily responsible for the rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bi...

By Omkar Godbole

Mar 29, 2023 at 9:30 a.m. UTC

Mar 29, 2023

BitcoinMarketsEtherGoldNasdaq

Video

Gold

Could Bitcoin Be a Safe Haven Asset Like Gold?

Gold bottomed out in early November and proceeded to turn higher, leading bitcoin's (BTC) bull revival by nearly two months. Gold's rally has stalled in the past few days, a c...

By CoinDesk Inc

Jan 30, 2023 at 9:00 p.m. UTC

Jan 30, 2023

GoldDollarcdtvChristine-Leebtcaab clipChartDay_Sponsor

Video

Bitcoin

Bitcoin Is Uninvestable Right Now, Strategist Says

Path Trading Partners co-founder and Chief Market Strategist Bob Iaccino says while bitcoin (BTC) is uninvestable in the short term, "that's not a negative on the space." Long...

By CoinDesk Inc

Dec 16, 2022 at 3:27 p.m. UTC

Dec 16, 2022

BitcoinGoldcdtvFM ClipSocial_ClipBob IaccinoPath trading partnersMazars

Markets

Bitcoin

Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term

Bitcoin adoption will need to be driven by the development of real uses rather than speculative interest, the report said.

By Will Canny

Dec 13, 2022 at 11:35 a.m. UTC

Dec 13, 2022

BitcoinGoldAnalysis

Video

Bitcoin

Bitcoin's Next Support Levels Closer to $12K Range

It's now been more than a week since the price of bitcoin hit a two-year low at around $15,600, and price charts suggest a drop down to $13,000 is still possible. Separately,...

By CoinDesk Inc

Nov 16, 2022 at 9:11 p.m. UTC

Nov 16, 2022