↝ From Bars to Coins: Cryptocurrency and Precious Metals Markets are Tumultuous
Multiple factors are stirring up the cryptocurrency and precious metals markets. Banks now offer purchase options for silver bars and...
Nevada has put a halt to Coinbase's prediction markets, requiring them to get a gaming license. Meanwhile, discussions are ongoing regarding whether it's more beneficial to invest in 1-ounce silver bars or coins. In further news, Guilford Police have issued a warning about a scam involving gold coins and bars, and there's a call for information about a coin theft from a bar. The demand for gold has reached record levels in Q3, stimulated by the 'Fear Of Missing Out' on bar and coin trades that are sweeping the markets. Elsewhere, new businesses, such as sports bars with arcade games, are being set up across the US, elevating the significance of coin-operated amusements.
In China, bar and coin investments have had a major impact on gold jewelry demand, and global coin and bar demand experienced a surge in Q1. Meanwhile, Brazil's Central Bank has put new rules in place for cryptocurrencies, establishing a $7M capital bar for firms. Platinum has outpaced gold and silver, thanks to a 660% surge in platinum bar and coin investments. A novelty announcement came from a crypto enthusiast purchasing a known Lower Haight beer bar, planning to launch a 'ToronadoCash' coin.
Coin scams are warning signs for investors. A New York woman lost her life savings, $700K, to a gold bar scam. Furthermore, 'Fernet Coins', a part of a renowned reward program from the Branca Family, has caught the investment attention.
Binance Alpha encountered extraordinary 300% gains, significantly raising the performance bar in the crypto world. At the same time, there has been some controversy surrounding Schiff's stance on cryptocurrency.
BAR Coin News Analytics from Wed, 31 Jul 2013 07:00:00 GMT to Wed, 04 Feb 2026 05:01:40 GMT - Rating 4 - Innovation -2 - Information 5 - Rumor -3