Key TakeawaysGold climbed 5% this week to $4,620, its highest price since May.The dollar index dropped to 98.723 on Aug. 19 after Treasury doubled its bond buyback program.Bitcoin, up near $78,000, is riding the same debasement trade, but analysts say gold differs. Gold’s Breakout Above $4,600 Bloomberg analysts noted that gold climbed to a three-month high above $4,620 an … [Read more...] about Gold Hits $4,620 as Treasury Buybacks Reignite the Dollar Debasement Trade
Ripple
Binance, CZ paid for defying financial, political status quo: Arthur Hayes
The explosive growth and success of Binance outside of the control of traditional financial and political establishments led to heavy-handed enforcement actions against the exchange, according to former BitMEX CEO Arthur Hayes. Hayes delved into the recent $4.3 billion settlement paid out by Binance in a lengthy Substack blog. This comes after the exchange and its founder, … [Read more...] about Binance, CZ paid for defying financial, political status quo: Arthur Hayes
ECOMI to List OMI Tokens With BitMax – Press release Bitcoin News
press release PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of OMI Tokens (OMI) under the trading pair of OMI/USDT on March 2nd at 9:00 a.m. EST. ECOMI is leading the way in the mass market digital collectible space. Its app, VeVe, offers the most … [Read more...] about ECOMI to List OMI Tokens With BitMax – Press release Bitcoin News
Sony Europe joins Theta Network as ‘Enterprise Validator’
A division of Sony Europe has joined Theta Labs’ Enterprise Validator and Governance Council Program, the firms said in a release shared with CryptoSlate.Another validatorSony Europe’s R&D Center Europe Brussels Laboratory joins the program as an enterprise validator and member of the governing council to participate in strategic technology planning and ensure the network’s … [Read more...] about Sony Europe joins Theta Network as ‘Enterprise Validator’
Bitcoin price hits $50K after bullish outlook from Citigroup and Goldman Sachs
On March 1 cryptocurrency investors woke up to the sight of Bitcoin (BTC) rising from it weekend correction to $44,000 as the market found its bullish momentum and altcoins rebounded from their swing lows.Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin increased 16.6% from its low of $43,504 on Feb. 28 to the $50,000 level which bulls are … [Read more...] about Bitcoin price hits $50K after bullish outlook from Citigroup and Goldman Sachs