News
Tether accounted for almost 2% of global gold demand last quarter, with Jefferies noting that its aggressive buying may be influencing short-term market sentiment.
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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.
- Markets News
Bitcoin reclaimed $86,000 as the US dollar strengthened, but one analyst warned the rally may be structurally weak.
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Schiff also challenged Binance co-founder Changpeng Zhao (CZ) to a debate, slated to take place in December in the United Arab Emirates.
5690 - News
Robert Kiyosaki argues a global cash shortage is driving the market crash and says he’s holding Bitcoin and gold, adding he’ll buy more BTC once the downturn ends.
7844 - Markets News
Bitcoin and crypto market sentiment hit seven-month lows, with the BTC price still above $100,000, while gold and silver received a post-shutdown boost.
2475 - Markets News
Bitcoin fell to weekly lows at $101,300 as US equities and gold rallied ahead of the key vote to end the US government shutdown, signaling a shift in investor sentiment to traditional assets.
4428 - Explained
Bitcoin and gold often display a recurring pattern during the Christmas rally. Their movements are shaped by Federal Reserve policy, inflation trends and overall market liquidity.
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Robert Kiyosaki predicts Bitcoin will reach $250,000 and gold $27,000 by 2026, saying he’s buying hard assets amid a looming crash.
10463 - Price Analysis
Bitcoin bulls have held the price above the critical $100,000 support level, but a shallow bounce increases the risk of a breakdown. Will altcoins gain ground while BTC searches for direction?
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Analysts at financial services giant JPMorgan forecast “significant upside” for Bitcoin over the next months in a report on Wednesday.
4111 - Market Update
JPMorgan said the latest BTC price drawdown meant Bitcoin was undervalued compared with gold.
4421 - Recap
Building momentum through new integrations and regional partnerships, the project is getting ready for international rollout.
21269 - Market Analysis
Bitcoin ETFs gained $839 million while gold funds lost $4.10 billion, highlighting investors’ growing preference for BTC over bullion.
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As central banks ramp up their gold buying, BlackRock CEO Larry Fink referred to crypto and gold as the “assets of fear.”
4086 - Explained
As investors exit gold for digital assets, Bitcoin could be the next big winner — possibly crossing the $200,000 barrier.