Gold

There are now gold-backed cryptocurrencies for Muslims that conform with Sharia

2 months ago admin2 Comments Off on There are now gold-backed cryptocurrencies for Muslims that conform with Sharia
Cryptocurrency is not great for your blood pressure. With prices soaring and plummeting on a weekly basis, there is a fast buck to be made, but also a lot to lose—and quickly. That doesn’t go down so well with Muslim nations. In the Islamic faith, it’s believed that economic activity should be based on real, Read More

Austria Planning New Regulations for Cryptocurrency, ICOs

4 months ago admin2 Comments Off on Austria Planning New Regulations for Cryptocurrency, ICOs
Austria has joined the list of countries planning to regulate cryptocurrencies and will use as a model existing rules for the trading of gold and derivatives. The government’s central concern is curbing the use of cryptocurrencies for money laundering, Bloomberg reports. Likewise, it wishes to extend oversight measures for traditional financial products to crypto assets. Read More

Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear

6 months ago admin2 Comments Off on Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear
Economics With the meteoric rise in the value of bitcoin this year and the media cacophony around it, its a surprise that not all world leaders have spoken about the subject yet. One political figure that we can now rest assure is keeping an eye on bitcoin is Israeli Prime Minister Benjamin Netanyahu. Also Read: Israeli Read More

Analysts Blame Gold’s Fall On Bitcoin’s Rise

6 months ago admin2 Comments Off on Analysts Blame Gold’s Fall On Bitcoin’s Rise
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. As bitcoin’s price has surged, gold has suffered. Some market analysts see a correlation. Gold and bitcoin have both been viewed as safe havens for capital during periods of uncertainty for asset values. GDX price for the last three months. Source: Ycharts.com Read More

Rising affluence and lower rents in small-town India will fuel the next retail boom

7 months ago admin2 Comments Off on Rising affluence and lower rents in small-town India will fuel the next retail boom
India’s retail revolution is gaining momentum in the country’s smaller cities. After years of opening stores in large cities and paying hefty rents, brands and mall developers are increasingly investing more in smaller cities, as lower rentals, experiments with new leasing formats, and aspirational shoppers drive growth in these markets, according to a report (pdf) Read More

Gold Mining Company’s Shares Jump 1,300% After Switch to Bitcoin

7 months ago admin2 Comments Off on Gold Mining Company’s Shares Jump 1,300% After Switch to Bitcoin
Mining With the exponential growth in bitcoin’s price this year and ‘blockchain technology’ becoming the hottest buzzword in the business world it is not surprising that investors are betting on everything crypto-related. The allure of capitalizing on this attraction is so strong, now even regular mining operators are jumping in – and even succeeding in Read More

At $160 Bln, Bitcoin’s Market Cap is Larger Than That of Once World’s Largest Company

7 months ago admin2 Comments Off on At $160 Bln, Bitcoin’s Market Cap is Larger Than That of Once World’s Largest Company
Bitcoin has surpassed the market cap of General Electric, which was once the largest company in the world, by $30 bln. At $160 billion, Bitcoin’s market cap just passed GE’s. Yes, that GE:Founded in 1892Once the largest company in the world295,000 employees$123 billion in revenue$BTC.X $GE pic.twitter.com/XDqjW2l5Ns — Charlie Bilello (@charliebilello) November 27, 2017 GE, Read More

The Cryptocurrency Market Cap Trends Higher – Commanding $300Bn This Week

7 months ago admin2 Comments Off on The Cryptocurrency Market Cap Trends Higher – Commanding $300Bn This Week
Markets and Prices This week the entire cryptocurrency market capitalization surpassed US$300Bn for the first time in history. Bitcoin’s significant rise in value, alongside the wide variety of other cryptocurrencies having similar price spikes continue to reveal that digital assets are trending across the world in a big way. Also Read: North Korean Citizens Study Cryptocurrencies Read More

$300 Bln Is a Drop In the Ocean, Bitcoin Is Still a Baby and Can’t Be a Bubble

7 months ago admin2 Comments Off on $300 Bln Is a Drop In the Ocean, Bitcoin Is Still a Baby and Can’t Be a Bubble
Looking at the total market cap of the cryptocurrency market, which recently crossed over the $300 bln mark, it is both exhilarating and terrifying at the same time. This digital currency world that came into being less than 10 years ago has grown astronomically in such a short space of time. Indeed, 2017 alone has Read More

Modern Mobile-Only Bank Revolut Says Bitcoin Not a Fraud

7 months ago admin2 Comments Off on Modern Mobile-Only Bank Revolut Says Bitcoin Not a Fraud
Seemingly the voice of the musty old traditional bankers, Jamie Dimon’s vitriol about Bitcoin a few months back set the tone for opinions of that breed of traditionalist. There is opposition of course, but unsurprisingly the opposition is also coming from the younger, more modern thinkers. Revolut, a digital banking alternative, CEO Nikolay Storonsky, disagree Read More