/ Gold
/ Blockchain, Markets
Bitcoin’s Correlation to Gold Increases as Crypto Rally Continues
Bitcoin's correlation with gold is strengthening as it decouples from US stocks.
March 17, 2023Central Banks Bought 1,136 tons of Gold in 2022: Demand Surged to 11-Year High
Demand for gold hit a 11-year high in 2022 after central banks bought the highest amount of the yellow metal in 55 years.
February 01, 2023Russia and Iran Discuss Using Stablecoin Backed by Gold for Foreign Trade
Russia and Iran are holding talks to roll out a gold-backed stablecoin that would be used as means of payment in foreign trade.
January 16, 2023Bitcoin Isn’t Digital Gold – Or At Least Not Yet, Anyway
Crypto experts refer to bitcoin as digital gold, but an analysis of these two assets' returns and volatility shows that bitcoin hasn't yet earned the right to be called digital gold.
December 05, 2022FTX Blowout Could Drop BTC to $5,000, Shift Demand to Gold: Standard Chartered
An underpriced scenario for Bitcoin involves the flagship crypto dropping to $5,000 if the meltdown persists.
December 05, 2022