Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin

Egyptian billionaire Naguib Sawiris has said he remains bullish on gold and has no intention to invest in cryptocurrencies like bitcoin because such investment is a very risky business. Sawiris Says Gold Still Safe-Haven Asset In his remarks published by The National News, the billionaire reveals he believes it is wrong for people to make comparisons between gold and bitcoin. Sawiris, who is also the executive chairman of Cairo-based Orascom Investment Holding, insists gold is still the safe-haven asset. “I’m still very bullish [on gold] and it is a safe…

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Verlux NFT Launches its Token Sale, As It Set Sights On Being The Biggest Cross-Chain NFT Marketplace on the Cardano Blockchain

Verlux is pleased to inform the crypto community about start of its Token Sale. Verlux visions to build the biggest Cross-Chain NFT Marketplace on the Cardano Blockchain. The Verlux platform allows users perform an efficient and seamless swap of NFTs from other Blockchains to the Cardano Blockchain. Its aims for NFTs to utilize the low transaction cost, fast transaction and security of the Cardano ecosystem. The Future is NFT Since the introduction of the NFT blockchain technology, NFT has massively changed the market of digital assets. It has solved the…

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Elon Musk dumps $1.1B in Tesla stock, NYCCoin launches with mayor’s blessing and Mastercard pushes crypto-linked cards in Asia: Hodler’s Digest, Nov. 7-13

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Crypto markets tag $3T combined market cap for first time At the start of this week, the combined cryptocurrency market cap broke $3 trillion for the first time. The market has fluctuated heavily this year, previously topping out at $2.62 trillion during the height of the…

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