Gold

Bitcoin

Bitcoin’s Correlation With Gold Hits Record High

Bitcoin is now more closely tied to safe haven gold than ever.

Markets  ·  9 September 2020
Bitcoin

Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets

Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation.

Markets  ·  28 August 2020
CoinFlash

Binance Exchange to List Paxos’ Gold-Backed Cryptocurrency

PAX Gold, a gold-backed digital asset created by Paxos, will soon launch for trading on Binance.

Markets  ·  25 August 2020
Bitcoin

Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?

After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.

People  ·  16 August 2020
Bitcoin

Bitcoin Recovers From $11.3K Despite Losses in European Stocks

Bitcoin has shrugged off a drop to $11,300 for the third day running, possibly buoyed by gold's recovery on Wednesday.

Markets  ·  13 August 2020
Gold

What Bitcoin Can Learn From Gold About Staying ‘Clean’

A proposal to adapt gold's "good delivery" system to bitcoin, with the aim of bringing more investors into the market and boosting liquidity.

Markets  ·  13 August 2020
Bitcoin

Bitcoin Rally Stalls as Increasingly Correlated Gold Drops Below $2K

Bitcoin is increasingly taking cues from gold, a tried-and-tested store of value asset.

Markets  ·  11 August 2020
Bitcoin

Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move

After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.

Markets  ·  7 August 2020
Bitcoin

Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time

Bitcoin is again acting like a macro asset, drawing bids amid record rally in gold and broad-based U.S. dollar sell-off.

Markets  ·  5 August 2020
Bitcoin

Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine

The dollar index dropped to its lowest level since May 2018.

Markets  ·  30 July 2020
Bitcoin

Gold Reaches All-Time High as Bitcoin Breaks Above $11k

The precious metal has gained roughly 28% this year. Bitcoin is up 13% in 24 hours.

Markets  ·  27 July 2020
Bitcoin

First Mover: Bitcoin at Last Passes $10K, but Why Has It Struggled While Gold Shone?

It's a tricky thing to explain why bitcoin has been underperforming as central bank money printing helps drive gold to a new record. 

Markets  ·  27 July 2020
Bitcoin

Market Wrap: Bitcoin Near $9,600 as Gold Hits High, Uniswap Liquidity Over $100M

Bitcoin is up for the week, gold gets a new high and DeFi keeps growing.

Markets  ·  24 July 2020
Bitcoin

Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility Report

According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500.

News  ·  9 July 2020
Bitcoin

As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout

Bitcoin is looking to leap key resistance alongside a strong rally in gold, but its role as an inflation hedge is still weak.

Markets  ·  8 July 2020