Given what is happening around the world right now people with a large amount of wealth seemed poised to diversify their investment to mitigate their investment risk.
For so long Gold has been considered the ultimate Store of value reflected this fact as it nearly touched $1,400 level for the first time in over a year.
Similar price movements are seen with Bitcoin, widely considered as the digital gold, which many people might just shrug off as a coincidence historical data shows that there is a very strong correlation between the two asset types.
This trend goes along with China and Russia steadily increasing their gold supply over the past few decades while United States actual gold supply has dwindled over the years.
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Headlines for the world of Cryptocurrencies - June 20, 2019
- YouNow Pursuing SEC-Compliant Crypto
- Circle K Convenience Stores Launch Bitcoin ATMs
- Lightning Network App Now Available For Mobile
- Big 4 Auditing Firm Launches New Tool To Audit Crypto Transactions
- Security Tokens Are The Future According To Coinbase And Overstock Executives
Headlines for the world of Cryptocurrencies - June 19, 2019
- Two Books Authored By Bitcoin Creator Appears On Amazon
- Bank Of America Wants A Cashless Society
- The Tech Department Of The Philippine Government Partners With Blockchain Startup
- Bitcoin Now 8th Largest Currency In The World
- Senate Banking Committee Wants To Know More About Facebook’s Libra Crypto
Headlines for the world of Cryptocurrencies - June 18, 2019
- Insurance Tech BlockClaim Uses Blockchain For Auto Claims Platform
- Ripple Partners With MoneyGram
- Polish Bank Now Uses Ethereum Smart Contracts Blockchain
- Blockchain Startup To Boost Cannabis Industry
- Binance Chain’s Bitcoin Pegged Token
