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Bitcoin (BTC/USD) may be struggling to hold onto the last bull market’s gains with the benchmark cryptocurrency’s price just below $17,000, and more than 66% down in the past year. While the ‘digital gold’ has lost two-thirds of its value in the past year, gold has declined by about 3% year-to-date. Over the past year, […]
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A common theme has dominated cryptocurrency news headlines in 2022: there have been far more lows than highs. Most notably, the prices of a handful of the well-known companies in the crypto universe have fallen dramatically in the past few months. These include Bitcoin (BTC/USD) and Ethereum (ETH/USD). The goal of digital assets has always […]
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The latest market news is dominated by today’s investor reaction to the inflation readings out of the United States. The hot CPI data saw asset classes bleed, including stocks, bond ETFs and gold. Eric Balchunas, a senior ETF analyst at Bloomberg, has warned that with the broader market going down together, there’s nowhere for investors […]
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Asia Broadband Inc. (OTCMKTS: AABB) has been acquiring more gold deposits as the global recession continues to bit. The move aims to give Asia Broadband and its gold-backed hybrid cryptocurrency, the AABB Gold token (AABBG) more intrinsic value amid the current market uncertainty. Asia Broadband’s move comes at a time when fears of global recession […]
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