Metal

Peter Schiff, financial expert and irreconcilable critic of Bitcoin, expressed the opinion that large holders of digital gold are getting richer, while small investors patiently keep cryptocurrency in the hope of its inevitable growth. Bitcoin hodlers won't sell as they believe they'll get rich when #Bitcoin moons. Bitcoin whales get rich by selling now to realize their paper gains before a […]

CoinShares, a digital asset management company, has created a gold-backed DGLD token on the Bitcoin sidechain. It is reported by The Block. The project was implemented by a British company together with Blockchain, a provider of cryptocurrency wallets, and MKS, a Swiss gold trading company. The development of the token took two years and a debut coin with the provision of gold for $ 20 million in the Swiss store. “When we started […]

The president of Norilsk Nickel, Vladimir Potanin, called bitcoin “a useful souvenir” and said that his company was in discussion with the Central Bank of the Russian Federation on the tokenization of various assets. According to CoinDesk, Potanin enthusiastically looks at the future of asset-backed tokens, similar to the one that Norilsk Nickel is preparing. In his opinion, their usefulness goes beyond speculative value. Cryptocurrencies, however, Potanin is not too […]

Along with gold, investors are actively buying bitcoin against the backdrop of a tougher trade war between the US and China. It is reported by Business Insider, referring to the data platform eToro. Over the past four months, amid the escalation of protectionism, the number of transactions with Bitcoin on the eToro platform has grown by 284%. Over the same period, the number of transactions with gold increased by 73%. Synchronous […]