To understand why the Chinese government is not crazy about Bitcoin, one has to understand two facts: China has a goal to dominate the world economy and centralization is its organizing principle.
Digital currencies have gotten a lot of people thinking about what would happen if countries were no longer the sole arbiter of what constituted currency.
Gold prices will remain listless for the remainder of the year as investors await more visibility on when the U.S. Federal Reserve will start cutting bond purchases, analysts say.