gold

New Legislation Calls for All Gold Mined in Brazil to Be Tokenized on a Blockchain

A new bill in progress in Brazil calls for all gold mined in the country to be tokenized on a blockchain, as a way to bring transparency to the sector and make irregular mining difficult. The project was presented by Federal Representative Joenia Wapichana, who highlights that about half of the metal mining in the […]

ByteTree CEO: ‘Gold and Bitcoin Will Be Important Components of an Investment Portfolio for Years To Come’

On Monday (July 4), Charlie Erith, Lead Portfolio Manager and CEO at research-driven investment adviser ByteTree Asset Management, wrote about the importance of gold and Bitcoin as hedges against monetary policy errors. ByteTree, which was founded in 2014, is “a research-driven boutique providing investment solutions and institutional-grade crypto-asset data on Bitcoin and other cryptocurrencies, as […]

Billionaire Value Investor ‘Can’t See the Point of Crypto,’ Lauds Gold Instead

American billionaire investor Seth Klarman has trashed crypto, saying that they represent an asset that could wind up being worthless.  Wikipedia says that Klarman is “the chief executive and portfolio manager of the Baupost Group, a Boston-based private investment partnership he founded in 1982.” It also mention that “since his fund’s $27 million-dollar inception in […]

Legendary Investor Stanley Druckenmiller on Bitcoin and Gold

On Thursday (June 9), American billionaire investor Stanley Freeman Druckenmiller shared his latest thoughts on crypto. Druckenmiller started his career as an equities analyst at Pittsburgh National Bank. Then in 1981, he founded investment firm Duquesne Capital Management, which had a positive return every year until he decided in August 2010 to quit the hedge fund business […]

One VanEck Valuation Framework Estimates ‘Potential’ Bitcoin Price of Roughly $1.3M

According to a report (released on March 30) by asset manager VanEck’s emerging markets (EM) bond investment team, “the upside for gold and Bitcoin is potentially dramatic,” and their valuation framework “estimates gold prices of around $31,000 per ounce and potential Bitcoin prices of around $1,300,000 per coin.” Furthermore, “adjusting for greater strains on financial […]

U.S. Global Investors CEO Is Currently Much More Bullish on Gold Than Bitcoin

Yesterday (February 24), Frank Holmes, the CEO and CIO of asset management firm U.S. Global Investors, talked about gold, which is historically the world’s favorite safe haven asset, and Bitcoin, the cryptoasset that many refer to as digital gold. U.S. Global Investors, Inc., which is headquartered in San Antonio, Texas describes itself as “an innovative investment manager with […]

Cardano ($ADA) Powered DeFi Platform to Launch a Gold-Backed Stablecoin

A partnership between decentralized finance (DeFi) platform MELD and Tingo Network, Nigeria’s largest mobile network, is going to lead to the launch of a new gold-backed stablecoin on top of the Cardano network. According to City A.M., during its crypto summit chairman Ken Olling announced the partnership, which will also include Ubuntu Tribe, an ethical […]

On-Chain Analyst Willy Woo: ‘Bitcoin Is Decentralised Gold’

On Thursday (July 15), prominent on-chain analyst Willy Woo made some comments that suggested he believes that those people who try to praise Bitcoin by calling it “digital gold” are doing the flagship cryptocurrency a disservice. Woo thinks that Bitcoin is not a much better store of value of gold because it is like a […]

Bloomberg Senior Commodity Strategist: Bitcoin and Gold ‘Set To Shine’ in H2 2021

The recently-released June 2021 edition of Bloomberg research report “Bloomberg Commodity Outlook”, which was written by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence (Bloomberg’s research arm on the Bloomberg Terminal”), is quite bullish on the outlook for both gold and Bitcoin in H2 2021. Here are some highlights from this report: The “mainstream migration trend” seems strong as evidenced by the […]

Bitcoin Update: Hash Rate, Mining Difficulty, Accumulation Addresses, $BTC vs Gold

This article looks at what analysts and influencers are currently (as of June 28) saying about Bitcoin’s hash rate, mining difficulty, BTC accumulation addresses, and the Bitcoin vs gold debate. On June 26, crypto analyst Lex Moskovski, CIO at Moskovski Capital, used Glassnode data to show that the number of unique accumulation address (or effectively […]

Shark Tank’s Kevin O’Leary: Bitcoin Mining Becoming More Environmentally Friendly

Canadian businessman Kevin O’Leary (aka “Mr. Wonderful” on ABC TV series “Shark Tank“) recently compared gold mining and Bitcoin mining, and said that the latter is showing signs of becoming more environmentally sustainable. On April 20, during an interview with with Daniela Cambone, Editor-at-Large and Anchor at Stansberry Research, O’Leary criticized gold mining: “There is no clean gold, you know. There’s just […]

Mike Novogratz: ‘Inevitable’ for Bitcoin To Have a Higher Market Cap Than Gold

On Wednesday (March 31), Billionaire investor Mike Novogratz shared his latest thoughts on Bitcoin. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a diversified financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sector.” His comments about Bitcoin during an interview on CNBC’s “Squawk Box” at a time […]

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