Barrick Gold CEO Believes Cryptocurrencies Can Be Easily Created But Gold Can’t

Mark Bristow, the CEO of the gold mining company Barrick Gold, criticized the cryptocurrency space following the latest substantial price crash. He asserted that no one can just print gold, which was not the case with digital assets, and questioned their store of value status Crypto No Better Store of Value Than Gold Founded in 1983, Barrick Gold Corporation is a large mining organization producing gold and copper with over a dozen...

How to Invest in Bitcoin

When it comes to the crypto market, Bitcoin still remains the backbone of the entire crypto world in relationship to price and currency value. From a financial point of view, it serves as a hedge against government and central banking confidence just like the role gold plays in its inverse correlation with the US dollar currency. Relatively, Bitcoin as a digital currency is still in its early stage, so it is difficult to say for...

Dogecoin Price Prediction $0.38 | Cryptopolitan

TL;DR Breakdown Dogecoin price prediction shows the crypto coin is spiraling downwards below its $0.4 demand barrier, suggesting a bearish leg. A continuation of this trend might see Dogecoin plunge towards the $0.35 price region. A decisive close above the $0.38 price region might invalidate the ongoing bearish narrative. Like most cryptocurrencies in the market, Dogecoin is currently experiencing a severe price correction that...

Hedge Fund Legend Stanley Druckenmiller Says Crypto Could Replace US Dollar As Global Reserve Asset

The chairman and chief investment officer of the Duquesne Family Office, Stanley Druckenmiller, believes that the future of the US dollar as the world’s reserve currency is under threat from cryptocurrencies. In a CNBC interview, Druckenmiller confirms his view that a “crypto-derived ledger system” is likely to take the dollar’s place as a global reserve asset. “I think the most likely replacement would be some kind of a...

Why Dogecoin SpaceX DOGE-1 Keeps Price in Low Orbit

Elon Musk’s SNL hosting moved the Dogecoin price, but in the wrong direction, so can news of DOGE becoming the unit of account for space travel get the rocket motors going? On Sunday it emerged that Geometric Energy Corporation, GEC for short, is partnering with Musk’s  interplanetary space company SpaceX to launch its “DOGE-1 Mission To The Moon”.  The price of Dogecoin hit an all-time high as market participants looked...

How to Mine Monero | Cryptopolitan

Monero (XMR) has steadily grown into one of the most sought-after cryptocurrencies. What makes it stands out from other crypto is that despite the anonymous nature most crypto promises, Monero is one of the few that truly offers anonymity.  Monero Mining: What is Monero (XMR) Monero is a crypto that strives for anonymity, it is easy to use, and it allows monero miners generate xmr coins with only a cpu enabled device. You can...

Weekly Roundup of Cryptocurrency News 07/05/2021

Here are the top stories from the cryptocurrency sector this week Ethereum outperforms Bitcoin in options volume Ethereum has gained significant upside momentum in the recent past, raising its price to a new high just short of $3,600. Elsewhere, options volume has continued surging and recently eclipsed Bitcoin’s. On Wednesday, Ether options trading volume on four of the largest derivative exchanges touched $1.32 billion....

Dogecoin Price Prediction $0.6 | Cryptopolitan

TL;DR Breakdown Dogecoin price prediction shows DOGE’s failure to settle below its $0.5 support line due to insufficient down surge momentum. Dogecoin rebounds from yesterday’s slump to exchange higher on the eve of the Saturday Night Live event to be graced by Elon Musk. The Dogecoin fever appears to be spreading to Indian crypto exchanges. Earlier today, Dogecoin managed to rebound back above the $0.6 mark after failing to...