Gold Silver Reports – The Metal’s Recent Rise isn’t About Inflation Rising or Cryptocurrencies Falling — Gold has been on a tear of late, climbing more than $100 per troy ounce in the last six weeks, briefly exceeding the 2017 high of $1,359 in the process.
cryptocurrencies
Cryptocurrencies Retreat Amid Concern of South Korean Clampdown
Gold Silver Reports – Cryptocurrencies Retreat Amid Concern of South Korean Clampdown – Bitcoin slumped as South Korea’s justice minister reiterated his proposal to ban local cryptocurrency exchanges, fueling concern that a government crackdown will erode one of the world’s biggest sources of demand for digital currencies.
North Korean Hackers Hijack Computers to Mine Cryptocurrencies
Gold Silver Reports – ✅ North Korean Hackers Hijack Computers to Mine Cryptocurrencies – North Korean hackers are hijacking computers to mine cryptocurrencies as the regime in Pyongyang widens its hunt for cash under tougher international sanctions.
Blockchain for Commodities Markets
Gold Silver Reports – Blockchain for Commodities Markets >> Blockchain technology, which has already been adopted by gold traders, is starting to show the potential to transform other sectors of the global physical commodities markets.
Digital Coins Resume Selloff as Recovery Fizzles
Gold Silver Reports – The biggest cryptocurrencies resumed their decline on Sunday, failing to reverse a selloff that began when bitcoin’s unprecedented rally fell short of breaking above $20,000.
What the Central Banks are Saying About Cryptocurrencies
Gold Silver Report – Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies.
This Gold Fund Is Joining the Bitcoin Frenzy
Gold Silver Reports – The Old Mutual Gold & Silver Fund, which manages $220 million of mostly precious metal equities, is jumping on the bitcoin wagon.
‘Buy Bitcoin’ Overtakes ‘Buy Gold’ as Online Search Phrase
Gold Silver Reports – Add bitcoin to the list of things denting gold’s appeal. — Bullion’s rally faltered in the past two months as the dollar strengthened and global equities set new records, while concerns over Brexit and Catalonia’s push for independence failed to drum up notable haven demand. Now, bitcoin’s surge is attracting investor interest toward the cryptocurrency and away from the metal, the biggest online vaulting service said.