Gold

Gold

Russian Central Bank to Consider Gold-Backed Cryptocurrency

The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.

Policy & regulation  ·  23 May 2019
Bitcoin

Bitcoin-Gold Price Correlation Shows Widest Spread in Over a Year

Correlation isn't causation, but it looks like gold's fall is driving bitcoin prices up.

Markets  ·  3 May 2019
Bitcoin

Cryptos ‘Not a Substitute’ for the Precious Metal, Says World Gold Council

Cryptocurrencies can't match gold on stability and volume, and are not a direct competitor, says the World Gold Council.

Markets  ·  20 February 2019
Gold

Swiss Crypto Startup Eidoo Announces Token Tied to the Price of Gold

Eidoo, the multicurrency crypto wallet and decentralized exchange, has announced a new token that's redeemable for actual gold.

Markets  ·  19 September 2018
Gold

Tradewind Launches Blockchain Platform for Gold Trading

Precious metals trading startup Tradewind announced its first blockchain project, a system meant to help trade gold, on Monday.

Business  ·  26 March 2018
Gold

Peter Thiel: Bitcoin Will Be the ‘One Online Equivalent to Gold’

The co-founder of PayPal says there will be only one online equivalent to gold, and bitcoin, as the 'biggest' cryptocurrency, will triumph.

Markets  ·  16 March 2018
Bitcoin

What’s Wrong With John Oliver’s Bitcoin-Beanie Baby Comparison

Comedian John Oliver rightly warned his audience about the risks of cryptocurrency, but his comparisons to Beanie Babies and gambling missed the mark.

Tech  ·  12 March 2018
Europe

Austria Planning New Regulations for Cryptocurrency, ICOs

Austria is drawing up cryptocurrency regulations, using as a model existing rules for the trading of gold and derivatives.

Policy & regulation  ·  23 February 2018
Bitcoin

Bitcoin Isn’t Sapping Demand for Gold, Says Goldman Sachs Exec

A Goldman Sachs executive has said there is "no evidence" that bitcoin's price gains have reduced demand for gold.

Markets  ·  12 December 2017
Gold

Major Gold Dealer APMEX Begins Accepting Bitcoin

One of the largest online gold dealers has announced that it will begin accepting bitcoin.

Business  ·  8 December 2017
Europe

Britain’s Royal Mint Reveals Details on ‘Live’ Blockchain for Tracking Gold

At the London Blockchain Summit this week, the U.K.'s Royal Mint revealed details of its gold tracking blockchain, RMG, and hinted at plans to come.

Business  ·  3 November 2017
Bitcoin

Bitcoin Gold: What to Know About the Blockchain’s Next Split

What is bitcoin gold? A new cryptocurrency project expects to launch today. Here's what it is and why it matters.

Tech  ·  23 October 2017
Bitcoin Payments

Gold Dealer Sharps Pixley Begins Accepting Bitcoin

A well-known gold dealer headquartered in London is now accepting bitcoin payments for its precious metal products.

Business  ·  27 September 2017
Bitcoin

Gold Investor John Hathaway: Cryptocurrencies Are ‘Garbage’

A notable asset manager who focuses primarily on gold had a harsh word for the cryptocurrency market craze this week: "garbage."

Markets  ·  21 September 2017
Bitcoin

Bitcoin Is Now Worth Nearly 3 Times More Than an Ounce of Gold

Bitcoin's rising price has made it worth nearly three times as much as gold, according to public markets data.

Markets  ·  7 August 2017