A few central banks have started selling tons of gold for the first time since 2010 in order to ease the financial suffering from the Covid-19 pandemic. At $1,875 per ounce, gold prices are down -9.63% since the commodity’s high of $2,075 on August 6. Even though gold has dropped significantly in value in contrast […]
The post Central Banks Dump Gold for the First Time Since 2010, Precious Metal Drops 9% Since August High appeared first on Bitcoin News.

More Stories

Bitcoin.com: Friday November 27, 2020

Chinese Police Seize $4.2 Billion in Multiple Cryptocurrencies From Plustoken Ponzi Clampdown

Chinese police have seized more than $4.2 billion worth of crypto assets in its clampdown against the Plustoken Ponzi scheme. According to a court ruling

Crowdfund Insider: Friday November 27, 2020

Waves Protocol Team Partners MADANA to Leverage Benefits of Confidential Computing when Working with Blockchain Oracles

Waves Protocol team partners MADANA to leverage benefits of confidential computing when working with blockchain oracles.

Bitcoin.com: Friday November 27, 2020

KP2R Network: A Decentralized Marketplace for Developers

PRESS RELEASE. The past decade has witnessed a revolution in traditional finance led by the utilization of blockchain technology. Blockchain technology

Engadget: Friday November 27, 2020

Facebook's Libra currency could debut in a limited form early next year

Facebook controversial Libra cryptocurrency could launch as early as January, but it appears the project has once again scaled back its ambitions.

CoinDesk: Friday November 27, 2020

Curve Finance Votes to Disperse $3M in Fees to Governance Token Holders

The Curve community vote was an exercise in decentralized governance for a protocol not unfamiliar with meeting community demands.

CoinDesk: Friday November 27, 2020

Bitcoins Carnivore Cult Is Both Stupid and Correct

"Im hardly the first liberal woman to fall in love with both bitcoin and grilled flesh," writes erstwhile Bitcoin carnivore, Leigh Cuen.