Paxful, a peer-to-peer bitcoin exchange, now allows users to transact in gold. CEO Ray Youssef said the new service comes in direct response to user requests, offering a swap option and a transfer procedure. Parties first negotiate terms, including...
The impact of the coronavirus will have a negative long-term effect on the economy, bringing forth a major recession and potentially with it, the collapse of the dollar. With the dollar potentially dying in the months and years ahead,...
Olga Feldmeier is CEO and co-founder of SMART VALOR, a European digital asset platform for trading, staking and issuance. She previously held executive positions at UBS and Barclays. The rapid spread of the coronavirus caught most of us completely unprepared, including most of...
Bitcoin and ether are trending down as traditional markets closed in the red Wednesday. On a 24-hour basis, bitcoin (BTC) was in the red 4 percent Wednesday afternoon Eastern time and ether (ETH) was down 3 percent. Most other...
As fears over the coming economic recession continue to mount, demand for gold continues to surge. And as mining operations have frozen due to the coronavirus outbreak, there’s a recipe for dwindling supply that could have an astronomical impact...
After the weekend slump, many cryptocurrencies made strong gains Monday, as did major stock indexes, while the coronavirus continues to wreak havoc on the global economy. Traders weren’t confident the green flashing across all markets would last, however. Bitcoin...
Prominent economist Peter Schiff lately compared the performances of Bitcoin and Gold amidst the deepening financial crisis, noting traders who bought the cryptocurrency at its year-to-date high are sitting at 70 percent losses while those who purchased Gold at...
After staging a recovery earlier this week, cryptocurrencies were stuck in a holding pattern Friday afternoon. Bitcoin (BTC) and ether (ETH) appeared to be in a period of consolidation where prices bounce around within a tight range, showing indecisiveness...
June gold futures peaked at $1,677.20/oz., fully offsetting losses incurred over a ten-day slump earlier this month. Bullion is one of the only positive-returning assets of 2020, partly because options for wealth preservation are extremely limited right now. U.S....
Bitcoin and gold have been tracking alongside one another for nearly two years now as the global economy inches closer and closer to total collapse. If the correlation continues, the latest drop in Bitcoin will be nothing more than...