Gold


Markets

Bitcoin Volume Gains Traction After 24-Hour Roller-Coaster Ride

Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up.

march16priceupdate2

Markets

Cash Is the New Safe Haven as Crypto, Gold Continue to Tank

It turns out cold, hard cash with a helping of government bonds - not bitcoin or gold - is where people turn in the face of a pandemic and "apocalyptic" market turmoil.

Dollars

Markets

When the Going Gets Weird, CoinDesk Readers Look for These Safe Havens

We asked CoinDesk readers where they're putting their money in this weird financial period. The answers were surprising.

Photo by Element5 Digital on Unsplash

Markets

Bitcoin, Bonds and Gold: Why Markets Are Upended in a Time of Fear

CoinDesk's Noelle Acheson points out the real narrative shift is in the broader market, not bitcoin.

Image via Shutterstock

Markets

Bitcoin Rebounds as Coronavirus-Infected Stocks Get Jolt From Fed, BOJ

Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads.

Fed Chairman Jerome Powell

Markets

Bitcoin's Coronavirus Sell-off Throws Cold Water on Safe-Haven Argument

As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency’s trading history.

Already this year, bitcoin has suffered seven price declines of 3 percent or greater. Source: TradingView

Markets

Tether Says Its Newest Stablecoin Is Backed by Gold in Swiss Vault

Tether is issuing a new stablecoin as ERC-20 and TRC20 tokens, backing their price with one ounce of gold.

fine gold

Markets

Paxos' Tokenized Gold Futures Are Now Trading on FTX Exchange

For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX.

Liquid gold being poured into a cast to make a bullion bar at a Gold Reef City demonstration. Even the crucible glows under the immense heat. (Photo via Wikimedia Commons)

Markets

Travis Kling on Bitcoin as a Safe Haven Asset

Ikigai’s Travis Kling looks at BTC's correlation to gold and crude in response to Iran missile strikes, plus SEC priorities and Congressional intrigue.

Travis Kling

Markets

Bitcoin Price Will Be Golden in 2020 Thanks to Limited Supply, Increasing Use: Bloomberg Report

Bitcoin, like gold, is a limited asset that can't be easily increased to meet demand. Bloomberg analysts predict the price of both will rise this year.

Credit: Shutterstock