gold | ForkLog

ForkLog 5 30.06.2023

North Carolina House approves bill to invest state treasury funds in gold and Bitcoin

North Carolina House of Representatives approved a bill allowing the state's Treasury to invest funds in gold and Bitcoin.

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ForkLog 9 26.05.2023

JPMorgan flags $45,000 as a guide for Bitcoin’s rally

A price of $2,000 per troy ounce of gold is equivalent to about $45,000 in Bitcoin, as the two assets typically move in tandem and are seen as alternatives. JPMorgan analysts arrived at this conclusion.

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ForkLog 6 15.05.2023

Zimbabwe sells gold-backed digital tokens worth $39 million

On 12 May, the Reserve Bank of Zimbabwe (RBZ) announced 135 applications totalling 14.07 billion ZWD (~$39 million) for the purchase of gold-backed digital assets.

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ForkLog 5 05.05.2023

Zimbabwean authorities set price for gold-backed tokens

The RBZ designated the minimum purchase price for gold-backed digital assets — $10 for individuals and $5,000 for corporates.

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ForkLog 4 04.05.2023

Trader Urges Pulling Money From Banks and Putting It Into Gold and Bitcoin

Founder of trading platform Eight Michaël van de Poppe urged market participants to 'take' money out of banks.

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ForkLog 10 21.03.2023

Expert says gold and Bitcoin are a hedge against the collapse of traditional finance

Gold and bitcoin stored on a non-custodial wallet will help insure against the collapse of fiat money, according to Ari Paul, founder of the crypto fund BlockTower Capital.

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ForkLog 35 05.12.2022

Standard Chartered sees Bitcoin falling to $5,000 in 2023

FTX collapse will continue to weigh on crypto-market sentiment, leading in 2023 to Bitcoin's price dropping to $5,000. This conclusion was reached by Standard Chartered, according to Bloomberg.

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ForkLog 5 28.10.2022

Vitalik Buterin Lists Cryptocurrency Advantages Over Gold

Ethereum co-founder Vitalik Buterin, in response to a remark by American cartoonist Zach Weinersmith, enumerated three main advantages of cryptocurrencies over gold.

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ForkLog 10 06.10.2022

Analysts record rise in gold–Bitcoin correlation

The price correlation between gold and its digital counterpart rose above 0.3. Over the past year, the gauge has hovered within a range of -0.3 to 0.2, Kaiko said in a new study.

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ForkLog 32 16.07.2022

Is bitcoin ‘digital gold’?

Why is bitcoin called “digital gold”? What are the arguments for and against the thesis? This ForkLog explainer answers.

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ForkLog 12 09.05.2022

Ray Dalio: Bitcoin lags gold in the race

Bitcoin is a good hedge against inflation but not a full substitute for gold. This view was presented by billionaire Ray Dalio in an interview with the Economic Times.

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ForkLog 20 30.04.2022

BitMEX co-founder predicts Bitcoin to reach $1 million by 2030

Former CEO and co-founder of BitMEX, Arthur Hayes, predicted the rise in the price of the first cryptocurrency to $1 million by the end of the decade due to the US and EU's ineffective monetary policy.

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