Browsing the "Gold" Tag

Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation

| Omkar Godbole

Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February.

‘Gold Is Superior to Bitcoin,’ Say People Who Sell Gold

| John Biggs

The founder of GoldMoney.com is upset that Grayscale compared gold unfavorably to cryptocurrencies.

Russian Central Bank to Consider Gold-Backed Cryptocurrency

| Daniel Palmer

The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.

Bitcoin-Gold Price Correlation Shows Widest Spread in Over a Year

| Omkar Godbole and Sam Ouimet

Correlation isn't causation, but it looks like gold's fall is driving bitcoin prices up.

Cryptos ‘Not a Substitute’ for the Precious Metal, Says World Gold Council

| Yogita Khatri

Cryptocurrencies can't match gold on stability and volume, and are not a direct competitor, says the World Gold Council.

bitcoin, gold

Gold Price May Offer Clues About Next Big Bitcoin Move

| Omkar Godbole

Bitcoin traders could get cues from an apparent negative correlation that has developed between bitcoin and gold prices.

Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold

| Brady Dale

Eidoo, the multicurrency crypto wallet and decentralized exchange, has announced a new token that's redeemable for actual gold.

Gold bar, bullion

Tradewind Launches Blockchain Platform for Gold Trading

| Nikhilesh De

Precious metals trading startup Tradewind announced its first blockchain project, a system meant to help trade gold, on Monday.

Peter Thiel: Bitcoin Will Be the ‘One Online Equivalent to Gold’

| Annaliese Milano

The co-founder of PayPal says there will be only one online equivalent to gold, and bitcoin, as the 'biggest' cryptocurrency, will triumph.

What’s Wrong With John Oliver’s Bitcoin-Beanie Baby Comparison

| Leigh Cuen

Comedian John Oliver rightly warned his audience about the risks of cryptocurrency, but his comparisons to Beanie Babies and gambling missed the mark.