As we move further into the digital age, the rise of Bitcoin, a cryptocurrency with no physical form but immense value, begs the question: Was Marilyn Monroe's statement that “diamonds are a girl's best friend” ready...
Central banks around the world are buying gold to fight inflation, with 85 sovereign wealth funds and 57 banks managing $21 trillion. In 2022, central banks made record purchases of gold with net purchases of 1,136...
Bitcoin and gold are
recovering after the markets dropped due to the coronavirus pandemic. According
to data from Coin Metrics, there are good signs for considering that Bitcoin is
a safe asset.
The correlation between the...
Many people consider that Bitcoin is the most volatile
asset in the market. However, it has been observed that the volatility of oil prices
can be even higher.
According to some market analyses, it can...
Due to its shortage, Bitcoin can be understood as
digital gold. Because of its digital nature, it is difficult to confiscate and outweighs
the risks of transporting gold.
Decrypto, an exchange based in
Buenos Aires, Argentina,...
It is estimated that the tin extracted from the main mine
in Peru represents 6% of the world's supply. Google aims to develop a system
that can be adopted by large industries worldwide.
A development...
According to a statement made by the company, the
attack affected less than 5% of its computers. Hackers indicated that Pemex had
lost the deadline to get a "special discount."
Hackers demanded almost USD 5...
This is not the first cryptoactive that
has been backed by gold.
One of the largest refineries on the planet, Mint
Perth, recently announced the launch of a new token in Ethereum that will be
backed...
The correlation between both assets
reached 0.827 at the beginning of August 2019. Analysts indicated that a
similar pattern was recorded after the Brexit in the year 2016.
The correlation between gold and Bitcoin has...
Prominent financial
institutions keep taking advantage of the blockchain industry in several ways.
The latest case involves the Standard Chartered bank, which announced this week
that it successfully completed its first international letter of credit (LC) transaction
on Voltron.