The market has seen a significant surge in **bar and coin investment**, particularly **platinum**, outstripping gold and silver with a rise of 660%. **Cryptocurrency** has not been excluded from the surge with the planned launching of 'ToronadoCash' coin by a **crypto bro** buying a storied Lower Haight beer bar. This notable trend is not reflected in all territories, however, with the **U.S. seeing a decline** despite the global increase. **China**, in contrast, has seen its investment in bars and coins vastly overpowering its jewelry demand. Despite this demand, the Chinese consumption of **gold dropped by 3.5%** in the first half of the year. The potential vulnerability of these investors was highlighted by a DC woman who fell victim to a **gold bar, coin scheme**, leading to the charging of two California residents. Fraudulent schemes expanded to the **crypto** market as well, with ruthless Bitcoin and Gold Bar scams using **fake McAfee Pop-ups to hijack PCs**. Legal proceedings are present too in the realm of cryptocurrencies. Senate GOP's crypto bill did not include restrictions on **Big Tech buying coin issuers**, and a Democratic senator has introduced the 'MEME Act' to prevent the president and Congress from launching **meme coins**. Excitingly, a new **blockchain network**'s plan was unveiled in outer space by Spacecoin XYZ, looking to be a first in history. Merging the old with the new, the bar and coin investments entered the digital age, with a **Casascius bar owner moving BTC to a wallet after 13 years**. **Gold seemingly remains essential** in the market, despite unsteady trends. Industry analysts noted a 2.3% fall from the record price, but it remains to be seen if other factors will counteract this change. **Global gold trends show an increase** in bar and coin demand, even though German demand collapsed in the same period. **Coin and bar demand** globally remains strong in Q1.
BAR Coin News Analytics from Fri, 06 May 2016 07:00:00 GMT to Wed, 10 Sep 2025 05:00:00 GMT -
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