Category: Gold

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India Ban Overturned, BTC Owners Warned They’ll Lose Everything, Hodler’s Digest, Mar. 2–8

A controversial crypto ban overturned in India, the new Bank of England governor slams Bitcoin, and Jack Dorsey gets backing as Twitter CEO. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much…
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BitPanda CEO Eric Demuth Says Bitcoin Is Gold 2.0 for Millenials

BitPanda CEO Eric Demuth explains why regulations are necessary to avoid a “Wild West” for crypto, and names first stop outside of the EU. The crypto ecosystem tends to see regulations as “the big bad wolf.” In this narrative, government and regulators set rules that slow down innovation and damage growth for the crypto industry.…
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Uphold’s New Debit Card Lets You Pay With Bitcoin, XRP and Gold

Digital payment platform Uphold has launched a debit card that lets users spend converted digital assets, cash and commodities. Digital payment platform Uphold has released a new debit card, allowing users to pay with converted crypto, commodities and cash.  Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold…
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Coronavirus Hits Crypto, Buffett Beef, Craig Wright a ‘Disgrace’: Hodler’s Digest, Feb. 24–Mar. 1

Cryptocurrencies fall ill as coronavirus fears grip the market, Anthony Pompliano attacks Warren Buffett, and CZ calls Craig Wright a “disgrace.” Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more —…
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‘You OK Boomer?’ Gold Sees Biggest Loss Since 2013 as Bitcoin Steadies

The precious metal sees its worst day in seven years as the impact of coronavirus finally catches up with markets. Bitcoin (BTC) saw a difficult week as it hit one-month lows, but on gold markets, traders were nursing the biggest daily falls in over seven years. According to data tracking XAU/USD on Feb. 29, Friday…
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Defining Bitcoin: Money, Currency or Store of Value

Is Bitcoin a currency, money, digital gold? Industry participants have differing opinions on what BTC is as the halving approaches. As the Bitcoin halving draws ever nearer, the demand for the digital asset keeps soaring, having seen an increase of around 15% against the United States dollar in the past month. The Bitcoin halving is…
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Peter Schiff ‘Concedes’ Bitcoin Profitable, But Won’t Succeed as Money

Still not satisfied despite regaining access to his once lost coins, Peter Schiff now claims that Bitcoin will fail to usurp fiat currency. Bitcoin (BTC) skeptic Peter Schiff has admitted that holding the cryptocurrency is profitable — but claims it will “never” compete with fiat currency. In a tweet on Feb. 18, Schiff, well known…
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“Every Asset Class Will Be Digitized and Tokenized,” Says Cred Co-Founder

Wallet providers and exchanges will be paying interest on consumer crypto holdings within two years, predicts Dan Schatt. In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other…
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Coinbase Says Bitcoin Will Become Closer to Digital Gold in 93 Days

Coinbase pushes the “Bitcoin as digital gold” narrative, in a blog post ahead of May’s upcoming halving event. With May’s Bitcoin halving event drawing ever closer, Coinbase recently took to pushing the “Bitcoin as digital gold” narrative. In a tweet-storm to promote an accompanying blog-post published Feb. 7, it covered the key reasons why the…
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Bitfinex Users Can Now Trade Tether Gold Stablecoin Against Bitcoin

After launching trading of gold-pegged stablecoin Tether Gold last week, Bitfinex cryptocurrency exchange now allows users to trade Tether Gold against Bitcoin. After launching trading of gold-pegged stablecoin Tether Gold (XAU₮) last week, Bitfinex now allows users to trade Tether Gold against Bitcoin (BTC). On Jan. 30, Bitfinex has rolled out three margin trading pairs…
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