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Coinpedia 2024-12-07 15:54:26

China’s Central Bank Expands Gold Reserves In November After 6-Month Pause

China’s Central Bank Expands Gold Reserves In November After 6-Month Pause

The post China’s Central Bank Expands Gold Reserves In November After 6-Month Pause appeared first on Coinpedia Fintech News Lately, the flagship cryptocurrency has been gaining widespread traction with institutions and governments intensifying their efforts to own Bitcoin. Recently, Fed Chief Jamie Powell and other analysts shared that Bitcoin is not a competitor to the dollar; rather, it is a competitor to gold. Bitcoin exhibits numerous similarities to gold, including its enduring nature, scarcity, …

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