Browsing the "Gold" Tag

CoinShares, Blockchain Launch Gold Token Network on a Bitcoin Sidechain

| William Foxley

Two years in the making and already backed by some $20 million in digitized gold, CoinShares announced the DGLD token Tuesday.

Is Bitcoin a Safe Haven Like Gold? These Four Charts Say Not Yet

| Galen Moore

Market movements show us that bitcoin is not generally accepted as a safe-haven investment.

Australia’s Gold Mint Is Backing a Crypto Token Based on Ethereum

| Daniel Palmer and Danny Nelson

The government-owned Perth Mint is backing a new digital token aimed to allow investors to trade and settle gold in real time.

Liquidity Provider B2C2 Launches Gold Derivative Settled in Bitcoin

| William Foxley

The U.K.-licensed firm's new product allows clients to synthetically trade gold against bitcoin and aims to capitalize on a growth in haven assets.

Sharia Goldbugs: How ISIS Created a Currency for World Domination

| Rachel Rose O'Leary

By trading oil using its own currency, ISIS planned to destabilize the US economy by forcibly decoupling the dollar from the oil business.

gold, nugget

‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators

| Leigh Cuen

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

Cryptocurrency Not Proven Safe Haven Says Investor Mark Mobius

| William Foxley

"Anything that’s created by man can be broken into . . . and it could create a big crises," investor Marcus Mobius said about blockchain

Paxos Launches Gold-Backed Cryptocurrency

| Leigh Cuen

A gold-backed asset from Paxos aims to lure gold bugs into the world of cryptocurrency trading.

bitcoin, gold

Bitcoin Outshines Gold Amid Risk Aversion in Financial Markets

| Omkar Godbole

Bitcoin is outperforming gold amid heightened uncertainty in the markets, though both are no doubt reacting to geo-macro events.

Fed Chairman Jerome Powell Compares Bitcoin to Gold

| Daniel Kuhn

Powell compared bitcoin to gold, referring to them both as speculative stores of value.