Sentences with phrase «digital gold assets»

In April, Digix Global, the platform of digital gold assets, made roughly $ 5.5 million in a crowdsale.

Not exact matches

Meanwhile, others see digital currencies as an asset like gold, which can hold its value amid times of government instability.

With Bitcoin, investors have been betting that it could be a new kind of asset, outside the control of any government, something like digital gold.

A day after the presale of Venezuela's oil - backed cryptocurrency began, the president announced another digital asset: the gold - backed petro oro.

GoldMint is a blockchain - based platform powered by the digital asset GOLD, which is 100 % backed by physical gold or delivery futuGOLD, which is 100 % backed by physical gold or delivery futugold or delivery futures.

On a large scale, these companies are pursuing what many people have been doing with computers in their basements for years: mining for a digital asset that is now trading at around 13 times the price of an ounce of gold.

There is no clear - cut evidence that the growth in the crypto - currency market has led to stagnation in the prices of precious metals, but looking at the investments pouring into cryptos, especially the heavyweights, one can assume that digital currencies have billed themselves as a safe haven for investors to park their funds, thereby replacing gold, which for decades has been the go - to asset class.

It's useless to try to compare bitcoin to stocks, to gold or even to other digital assets.

< br / > < br / > GoldMint < br / > purchases, sells and repurchases their native digital asset called < br / > < br / > «GOLD,» which is < br / > 100 percent backed by physical gGOLD,» which is < br / > 100 percent backed by physical goldgold.

CoinDesk Bitcoin prices surpassed those of gold earlier this month, but the digital asset failed to maintain this position for long, data reveals.

«There will be surges where digital assets will go up several times and then there will be a bubble when a genius would switch to gold.

Bitcoin that has been popular and that has been often termed as Digital Gold, has always been considered an asset equivalent to Oil and gGold, has always been considered an asset equivalent to Oil and goldgold.

AlphaPoint, a digital asset trading technology and exchange platform company today announced the official partnership with CME Group (CME) and The Royal Mint (TRM) to provide the digital asset trading platform for a historic gold trading initiative.

Bitcoin turned heads this month when its value exceeded the price of gold, but just weeks later, the digital asset has fallen off the pace.

Bitcoin prices surpassed those of gold earlier this month, but the digital asset failed to maintain this position for long, data reveals.

Digital gold is still the best analogy to sum up the digital asset's value proposition, and the utility of bitcoin should become more apparent as the world moves deeper into a cashless sDigital gold is still the best analogy to sum up the digital asset's value proposition, and the utility of bitcoin should become more apparent as the world moves deeper into a cashless sdigital asset's value proposition, and the utility of bitcoin should become more apparent as the world moves deeper into a cashless society.

It is being called Digital gold, it is an asset that grows in value, but it has also been recently integrated into many store payment systems.

«In the gold market, various players are exploring blockchain in the context of transforming gold into a «digital asset», tracking gold provenance across the supply chain, and introducing efficiencies into post-trade settlement processes,» the research noted.

Since early 2016, an increasing number of investors in the finance sector have started to embrace and adopt bitcoin as a safe haven asset and digital gold.

Individuals who appreciate the hedging benefits of both bitcoin and gold will likely continue to enjoy precious metal companies choosing to accept the digital asset.

As if this was not enough, a report by the Wall Street consultancy firm Quinlan Associates entitled «Fools gold: unearthing the world of cryptocurrencies», played down all predictions and forecasted a complete crash of the digital asset which was once attacked of having no intrinsic value.

Bitcoin holders have long been able to use their digital assets to hold gold and even take physical delivery of ingots to cut out third party storage altogether.

The ideologies of why people hoard both gold and digital assets are sometimes mutually exclusive.

Yoni Assia, chief executive of Etoro, extolled bitcoin's worth as an asset class, calling it «digital gold».

«Petro is a much more ambitious project than other digital convertible currencies such as the Digix (gold - backed) or the Tether (backed in dollars) because it opens the opportunity for using other assets to back up the currency,» the paper states.

With bitcoin viewed as digital gold and other digital currencies remaining outside the realm of mainstream finance, it is no wonder that millennials prefer asset classes which distance them from the traditional financial products pushed by Wall Street.

Bitcoin was introduced to operate as its own economy, store of value, and digital currency, competing against assets like gold and reserve currencies such as the US dollar.

Amid this sentiments, Bitpanda, the largest Austria's broker of digital assets, comes up with an opinion that bitcoin shall be regulated like gold.

BTC behaves more like a digital version of gold — an asset that cryptocurrency investors can flock to in times of trouble — than it does a digital currency.

Western newspapers such as the Wall Street Journal began to provide bitcoin price analysis in their frontpage beside the US dollar, Japanese yen, and gold, while network news in South Korea, Japan, and Australia have been providing bitcoin analysis and comparing the digital currency to major reserve currencies and assets.

A new cryptocurrency cloned from bitcoin, bitcoin gold is now in the process of «forking» to a new blockchain (with new rules), a process by which the bitcoin blockchain is copied and new digital assets are distributed to existing bitcoin owners.

Digital currencies should be thought of as low / zero return or hedge - like assets, akin to gold or certain other metals.»

In the long - term, as cryptocurrencies mature and evolve into a major asset class, Pandl noted that digital currencies like bitcoin will pose lower returns but demonstrate a high level of stability, like gold and other safe haven assets.

«This is why it seems to me like at least some people have just given up on payments and are now stating that bitcoin should just be a peer - to - peer speculative trading asset (aka digital gold).»

The 50 - year - old cryptocurrency market expert exuded confidence the digital asset will eventually outdo China and Gold as far as market capitalization goes.

Republic customers will be able to trade BTC, ETH or ERC20 based digital assets on a hidden order book directly with DGX tokens, which are redeemable for 1 gram of 99.99 % LBMA standard gold per token.

The first company to ever issue an ICO on Ethereum has partnered with a new decentralized dark pool exchange to allow digital asset investors to trade their assets for DGX tokens, a gold - guaranteed cryptocurrency, on a hidden order book to minimize price slippage.

The digital asset once dubbed «the silver to bitcoin's gold» passed $ 78 to achieve a new all - time high at 06:54 UTC this

«DGX tokens will provide a stable, gold - backed digital asset for investors looking to secure their wealth and hedge against the volatile markets.

Since then, they have pioneered a range of blockchain technologies involving digital assets, including the Proof of Asset (POA) Protocol and creation of the DGX token — a stable digital currency backed by physical gold bullion.

Because of bitcoin's decentralized nature, bitcoin has long been considered as a safe haven asset, with many investors describing the digital currency as «digital gold.»

Bitcoin may be called digital gold, but it still has a long way to go before it can rival gold as a safe haven asset.

Moreover, Fundstrat has recommended that clients buy into Bitcoin's recent dip, citing the flagship cryptocurrency's long - term fundamentals and potential to replace gold as a store of value among millennials and other younger investors that are far more comfortable with the concept of digital assets than their elders.

It's called as a decentralized digital asset or digital gold.

Furthermore, bitcoin provides a censorship - resistant store of wealth due to its decentralized nature and has digital scarcity due to its limited supply, turning it into a value gold - like digital asset.

It's called as the decentralized digital asset or digital gold.

Although Bitcoin (BTC) has sometimes been referred to as «digital gold,» the World Gold Council sees the main differences between the two assets as BTC's lower «day - to - day liquidity» and gold's diverse uses and application in the jewelry industry, as well as the tech industry and central bagold,» the World Gold Council sees the main differences between the two assets as BTC's lower «day - to - day liquidity» and gold's diverse uses and application in the jewelry industry, as well as the tech industry and central baGold Council sees the main differences between the two assets as BTC's lower «day - to - day liquidity» and gold's diverse uses and application in the jewelry industry, as well as the tech industry and central bagold's diverse uses and application in the jewelry industry, as well as the tech industry and central banks.

There are different types of tokens that frequently serve as the digital equivalent to physical assets like the gold or fiat currencies.

«Thus, digital currencies should be thought of as low / zero return or hedge - like assets, akin to gold or certain other metals.»

There are people in the cryptocurrency industry have been trying to position cryptocurrencies as alternatives to gold or digital gold and I think increasingly people are realizing that these digital assets have much higher risk levels than traditional assets such as gold and silver.