Tag: Bullion

The Perth Mint Issues a Digital Token Backed by Physical Gold Reserves

The issuance of new digital currencies has almost become a given in this day and age. Not all of these currencies are linked to companies active in the world of blockchain and cryptocurrency. The Perth Mint Gold Token is a good example. It is issued by a recognized financial institution and aims to revolutionize payments. Back to the Gold Standard? It is somewhat remarkable to see so many companies and …
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US Bullion Dealer APMEX Now Accepts Bitcoin Payments

Merchants and service providers all over the world are flocking to cryptocurrency. Despite major network issues and high transaction fees, Bitcoin is still a quite popular payment method. In fact, major gold brokers are now introducing Bitcoin payments on their online platforms. APMEX is the latest to do so, and it’s chosen BitPay as its payment processor. APMEX Finally Integrates Bitcoin If there is one assumption people have made far too often, it is how …
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Australian Bullion Dealers and Students Show Increased Interest in Bitcoin

People often like to draw parallels between Bitcoin and gold. In the minds of many industry experts, both assets are direct competitors. That is rather strange, considering Bitcoin and gold could hardly be less alike. That does not mean there is no relationship between Bitcoin and bullion, even though that relationship’s nature may be surprising to some. One Australian gold seller figured it would be a good time to expand his business …
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One Bitcoin Is Worth More Than Three Ounces of Gold

People continue to draw parallels between Bitcoin and gold. Some traits of both commodities make those comparisons pretty compelling, especially in terms of value and market cap. Right now, the Bitcoin market cap is equal to 1% of the total gold market cap. However, one Bitcoin is worth three times more than an ounce of gold. It will be interesting to see how these numbers evolve over the coming months. …
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