Gold


Markets

Bitcoin Is Better Than Digital Gold: Matrixport

SEC approval of a U.S.-listed spot bitcoin ETF could result in inflows of as much as $30 billion, a report by the crypto services provider said.

(Shutterstock)

Markets

A Bitcoin ETF Has Golden Parallels From History

Gold ETFs dramatically shook up markets. A spot bitcoin ETF could do the same.

(Joshua Sortino/ Unsplash)

Markets

Bitcoin Vapid, Gold Weakens as Russian Ruble and Argentinian Peso Crash

The latest crash in ruble and peso represents reveal cracks in the global market, per one observer. Still, perceived safe havens like bitcoin and gold remain under pressure.

Crypto carnage could be warning sign for equities (Getty Images)

Finance

BlackRock CEO Larry Fink Talks Up Crypto Demand From Gold Investors

The asset management giant last month applied with regulators to open a spot bitcoin ETF.

BlackRock CEO Larry Fink (Getty Images)

Finance

Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves

The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.

(Nikhilesh De/CoinDesk)

Finance

Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative

The company said the product’s payoff will depend on the joint performance of both BTC and the gold-backed token XAUT.

Ignoring regulatory issues could be the downfall of some Web3 dapps. (urfinguss/Getty Images)

Markets

U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan

This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.

(Federal Reserve Bank of New York, modified by CoinDesk)

Policy

Zimbabwe to Introduce Gold-Backed Digital Currency: Report

The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so that they can hedge against the currency's volatility.

Zimbabwe will introduce a gold-backed digital token as legal tender. (Camomile Shumba/CoinDesk)

Finance

Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America

The tokenized gold market reached over $1 billion in value last month, the report said.

Bank of America (Taylor Simpson/Unsplash)

Markets

Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High

This a type of stablecoin pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)