Bitcoin gold connection reaches 40-day high
Bitcoin (BTC) advocates have argued for years that the cryptocurrency is poised to become a safe haven asset and a hedge against inflation, with the potential to replace gold.
Notably,…
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Brazilian gang caught laundering illicit gold using crypto
Brazil's military police foiled an illicit gold mining organisation that reportedly utilised crypto tokens to launder its riches with the assistance of healthcare firms.
In an operation…
Bitcoin falls out of the top 10 global assets as selling pressure intensifies
After garnering sufficient capital inflow to rank one of the most valuable investment goods, Bitcoin has fallen out of the top ten assets worldwide based on market capitalization as the…
Billionaire ‘Bond King’ Jeffery Gundlach Chooses Bitcoin Over Gold
Jeffery Gundlach, an American investor and co-founder of DoubleLine Capital – an investment firm with over $150 billion in assets under control — believes that the bellwether cryptocurrency…
Gold Proves To Be A More Secure Investment Than Bitcoin
The cryptocurrency market fell sharply on Friday as Wednesday's gains faded amid swiftly growing tensions between Russia and Ukraine. Since Russian President Vladimir Putin stated on…
As global tensions intensify, demand for gold-backed stablecoins increases
In the face of persistent geopolitical tensions and rising inflation, gold-backed stablecoins have gained popularity, outperforming the total expansion of the cryptocurrency industry.
…
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