Bitcoin Liquidity Remains Intact Despite Precious Metals Rally: Stablecoins W...
Bitcoin is struggling to regain the $88,000 level as market uncertainty persists and precious metals continue to rally aggressively. Gold’s strength has reignited a familiar narrative: that capital is leaving Bitcoin to finance the move into traditional safe havens. However, a recent report by CryptoQuant challenges this assumption, suggesting that the current market dynamics are […]
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The precious metals refined on the site will be tokenized and traded on the DMCC Gold Exchange platform. Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot precious metals refinery.According to a DMCC release on Wednesday, the precious metal refinery and storage facility will be the largest in the Gulf Cooperation Council and will reportedly be powered by blockchain technology.Located in the high brow Jumeirah Lake Towers area, the facility will refine and....
Amagi Metals. Bitcoin accepting precious metals companies have received much attention within the retail precious metals industry over the past few years. This week, some changes have taken place. Amagi Metals has relaunched after some time offline due to internal issues. Under new management, Amagi Metals is hoping to win the trust of the precious metals retail scene, even if it is slowly. Amagi Metals relaunched under the management of Anthem Vault. As a representative posted to Reddit: Hello r/silverbugs - I want to introduce the new Amagi Metals brand that is being released under the....
Aurus is embracing the concept of DeFi to disrupt the precious metals industry. The firm has built a truly decentralised platform which allows companies like refineries, distributors and vaults to autonomously tokenise precious metals. The ingenious part of the Aurus system is their revenue-sharing token, AurusDeFi (AWX), which enables holders to earn a share of the platform’s revenues. Aurus to Disrupt the Precious Metals Industry Trading app Robinhood positions itself as democratising finance for all. However, the centralised nature of the platform- where one party holds the....
Dallas-based precious metals dealer JM Bullion is now accepting bitcoin. With the announcement, JM Bullion joins a growing list of US-based precious metals dealers that accept bitcoin for payments, including Agora Commodities and Amagi Metals. JM Bullion will accept bitcoin through a partnership with merchant processing startup BitPay. Customers will receive 4% discounts on bitcoin purchases, an offer also extended to those who pay with bank transfers and paper checks. Director of e-commerce Thomas Fougerousse said that he believes the decision enables the company to offer a better payment....
JM Bullion decided to venture into the Bitcoin payments world in an effort to reduce payment fraud and credit card chargebacks. By reducing these payment problems, as well as having the option to lower transaction fees by quite a margin, the precious metals dealer is positioning itself to attract an even larger customer base. Bitcoin and precious metals are often referred to in the same breath, as both types of investment vehicle seem to share similar traits. Neither Bitcoin nor gold has any intrinsic value, yet they appear to be well-liked by investors all over the world. For those....