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Peter’s Blog

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Posts Tagged: “cryptocurrency

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January 18, 2018Key Gold Headlines

Crypto Crash Sparks Rush into Gold

The crypto crash earlier this week sparked a run to gold. Regulatory concerns set off the panic. Bitcoin fell below $10,000 for a time, and other cryptocurrencies saw precipitous drops. Crypto markets appeared to have stabilized Thursday morning, with Bitcoin back up over $11,000. The sudden plunge served as a reminder of the extreme volatility […]

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January 17, 2018Key Gold Headlines

Crypto Crash

Bitcoin dropped below $10,000 for a short time Wednesday (Jan. 17) as a selloff sparked by increased talk of government regulation spooked the market.

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November 27, 2017Key Gold Headlines

Is Bitcoin a Threat to Gold?

Some people were predicting Bitcoin would push through the $10,000 level before the end of the year. At the rate it’s going, it may happen before the end of the month. Bitcoin is on a roll. The cryptocurrency broke $9,000 over the Thanksgiving holiday and quickly pushed up to $9,700. There are also increasing signs […]

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October 24, 2017Key Gold Headlines

Australia Looking to Impose Strict Regulations on Bitcoin

Australia is moving toward regulating cryptocurrencies like Bitcoin and Ethereum under new anti-money laundering legislation. According to the Australian Broadcasting Corporation (ABC), Parliament will vote on the measure this week. If it passes, it will place Bitcoin and other cryptos under the auspices of Australia’s financial regulatory agency.

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