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Anyone notice Kitco News has basically transformed into a crypto channel these days?

Bitcoin Reddit

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Kitco has always been exclusively a precious metals dealer and new source. However, if you follow their news website and youtube channel, you may have noticed they have slowly been pivoting towards cryptocurrency. Now it seems videos about crypto outnumber videos about gold.

They even are releasing their own altcoin: https://news.bitcoin.com/precious-metals-firm-kitco-launches-gold-backed-tokens-built-on-ethereum/

The gold price has been going nowhere for about 10 years so I get why they would want to pivot. I do wonder if the cryptocurrency focus will go away when gold starts going bullish again tho

submitted by /u/ShotBot
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