Venezuela sold about $40 million worth of gold last week. This was in direction violation of U.S. sanctions against Venezuela...so Maduro must be getting desperate. Gold, after all, is how he’s buying off the military so it will stay loyal to his regime. In other news, central banks around the world are on a gold-buying spree, and hedge fund billionaire Ray Dalio says that gold will be a top investment during t Read more
Some people hate bitcoin. They say it’s not money... but that’s actually what makes it great. Think about it: China owns over $1 trillion of U.S. debt. We’re currently in a trade war with China. Central banks around the world are buying up more and more gold. In the last 100 years, the dollar has plummeted in value. One of bitcoin’s (and gold’s) many strengths is that it’s NOT a cu Read more
BTC NETWORK POWER CONTINUES GROWTH, HITS NEW RECORD HIGH New hashrate numbers have shown that the Bitcoin network is now 8 times more powerful than it was at its $20k price peak in late 2017. Data from Bitcoin network monitor Blockchain.com confirmed that the Bitcoin network’s total hash rate reached a peak of 79 trillion terahashes per second (TH/s) earlier this week, passing the previous all time high of 70 t Read more