Market Update
Bitcoin again fails to copy a gold rally as risk assets sag over US trade tariffs, but traders see BTC price gains taking the market past $90,000 next.
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Gold News
Gold, a precious metal revered for centuries, holds an enduring appeal due to its rarity, beauty and intrinsic value. Throughout history, gold served as hard money, a term denoting currency backed by tangible assets, ensuring stability. Unlike fiat currencies, which derive value from government decree, gold’s value is intrinsic, making it a reliable medium of exchange and store of wealth.
Historically, various civilizations used gold coins for trade, establishing its universal acceptance. Gold-backed currencies provided economic stability, linking the value of money to a specific amount of gold. This system mitigated inflation risks, fostering trust in financial systems.
In contemporary finance, gold remains a reliable store of value, offering protection against economic uncertainties. Investors turn to gold during market downturns, reinforcing its status as a safe-haven asset. Additionally, the rise of cryptocurrencies led to Bitcoin (BTC) being dubbed “digital gold.” Bitcoin shares similarities with gold, such as scarcity and properties that make it a hard asset. Investors often correlate BTC with gold, highlighting its potential as a modern store of value.
- Opinion
Bitcoin can usher in a gold rush, reshaping global finance with blockchain technology, decentralized systems and new monetary paradigms.
4689 - News
Putting US gold reserves on the blockchain would benefit Bitcoin despite the two assets being nothing like each other, says NYDIG’s Greg Cipolaro.
16401 - News
Gold has been accepted as money for thousands of years and does not suffer from geopolitical or inflationary risks, unlike fiat currency.
15684 - News
“If it’s budget neutral and doesn’t cost the taxpayer a dime, we’ll see whatever creative ideas we can come up with,” said Hines.
21611 - Recap
With the launch of a state-backed stablecoin, Kyrgyzstan continues to make its mark among other Central Asian countries and asserts itself as a player in global digital finance.
16468 - News
Despite the current correction, Bitcoin price may still see a rally to over $200,000, Gracy Chen, the CEO of Bitget told Cointelegraph.
14080 - Analysis
“BTC has always had two key narratives:” a short-term risk asset, sensitive to liquidity expectations, but also as a longer-term store of value.
7481 - Market Analysis
Bitcoin is in the process of breaking its multiyear uptrend against gold, mirroring the March 2021–March 2022 fractal, suggesting BTC price could drop below $65,000.
10480 - Use Case
Gold-collateralized stablecoin approach ensures long-term security and trust in the evolving digital economy.
27947 - Explained
Bitcoin is a volatile digital asset, gold is a stable physical store of value, and oil is a key energy resource with geopolitical risks.
- Report
Learn how IPMB controls its gold supply chain and offers a novel approach to tokenized gold investments.
2801 - Price Analysis
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
5149 - News
Mexican entrepreneur Ricardo Salinas, who first bought Bitcoin at $200 around 12 years ago, has increased his Bitcoin exposure from 10% to 70% over the past four and a half years.
16784 - Market Update
Gold leaves Bitcoin in the dust over US trade tariffs as BTC price action joins stocks and even the US dollar in taking a fresh hit.
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