Category: Gold

Millennials Prefer Bitcoin Over Gold, BTC ETF Demand Exists

Bitcoin Over Gold During Bloomberg’s “ETF IQ” segment yesterday, a financial advisory head said Bitcoin (BTC) exchange-traded funds (ETF) are preferred over their gold counterparts by millennial investors. Nate Geraci, the head of The ETF Store, an investment advisory group that seemingly specializes in funds, noted that many of their […]

Russian Central Bank to Consider Gold-Backed Cryptocurrency

Russia’s central bank will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to a Tass report. Elvira Nabiullina, governor of the Bank of Russia, said Thursday that her institution is to review a proposal for the development of the cryptocurrency. Nabiullina said at the nation’s lower house, […]

Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements

Russia’s central bank, the Bank of Russia, will consider issuing a gold-backed cryptocurrency, Russian news agency TASS reports May 23. Elvira Nabiullina, the head of the Bank of Russia, revealed that the bank may be interested in creating a gold-pegged crypto for conducting mutual settlements with global jurisdictions. However, Nabiullina […]

Here’s Why Gold Bull Peter Schiff is Blessing in Disguise for Bitcoin

The economic atmosphere in the United States has changed drastically over the last six months. Ahead of last year’s close, the stock market tanked, consumer spending experienced a sharp decline, and prominent economists predicted that a recession was around the corner.And now, in May, the US economy is working smoothly […]

Bitcoin (BTC) Could Perform ‘Really, Really Well’ in Financial Apocalypse, Says Digital Currency Group CEO

Digital Currency Group (DCG) has invested in 145 blockchain and cryptocurrency companies to date, placing its CEO Barry Silbert at the eye of the industry. He’s optimistic about the space and continues to push the boundaries to help grow awareness, despite Bitcoin’s ongoing wild ride and price swings. To build […]