Gold-backed Tokens Underperform While Wall Street Calls for Dip Buying in Precious Metal - gold, trump, donald trump, tether, CoinDesk, Crypto

Gold-backed Tokens Underperform While Wall Street Calls for Dip Buying in Precious Metal

Cryptocurrencies backed by gold have underperformed over the week as the price of the precious metal saw a significant drop after moving up more than 10% so far this year. The decline came as speculation surrounding Trump’s tariffs being a negotiatin

Gold reaches all-time high as bitcoin struggles for momentum amid market uncertainty - gold, trump, The Block, donald trump, 2024, Crypto, tons, three, crypto

Gold reaches all-time high as bitcoin struggles for momentum amid market uncertainty

Gold reached a fresh all-time high of $2,902 per ounce as of Monday, marking a 17.5% increase since the start of the year.Gold’s bullish trajectory has been fueled by ongoing central bank purchases, concerns over global trade policies, and investor d

Bitcoin in a Mire, Gold Eyes 6th Straight Week of Gains as Jobs Data Looms - gold, bitcoin, CoinDesk, trump, btc, Crypto

Bitcoin in a Mire, Gold Eyes 6th Straight Week of Gains as Jobs Data Looms

Bitcoin continues to dawdle, failing to capture trader enthusiasm amid chatter about prices being overvalued, while gold remains strong ahead of the release of the U.S. jobs report, which will influence the Fed's rate plans.Recent analysis from Cryp

Gold-Backed Cryptocurrencies Surge as Precious Metal Hits Record Amid Trade War Worry - gold, tether, bitcoin, Crypto, one, trump, CoinDesk

Gold-Backed Cryptocurrencies Surge as Precious Metal Hits Record Amid Trade War Worry

Gold-backed cryptocurrencies are outperforming the wider market amid a historic rally for the precious metal, which is up around 9.7% so far this year to a new record of $2,880 per ounce amid growing trade war tensions.PAX gold (PAXG) and Tether gold

PAX Gold to Be Delisted From Crypto.com on January 31st - gold, pax gold, ethereum, Crypto, one, crypto, Coindar, paxg

PAX Gold to Be Delisted From Crypto.com on January 31st

Crypto.com will delist PAX Gold (PAXG) on January 31st. The deadline for converting or withdrawing these assets is March 31st. After this date, any remaining holdings may not be accessible through the exchange.PAXG InfoPAX Gold (PAXG) is an ERC-20 st

Book Excerpt: Government Once Seized the Public's Gold. Could It Confiscate Crypto? — Barrons.com - gold, london, Dow Jones Newswires, bitcoin, Europe, crypto, one, Crypto, Americas

Book Excerpt: Government Once Seized the Public's Gold. Could It Confiscate Crypto? — Barrons.com

In The New Rules of Investing , Mark H. Haefele, global chief investment officer at UBS, repeatedly advises readers to "follow the money" — namely, the growing size of government and its increasing role in the nation's economy. Whether one approves o

Bitcoin Price Is Decoupling From Gold Again — What’s Happening? - gold, bitcoin

Bitcoin Price Is Decoupling From Gold Again — What’s Happening?

Bitcoin has often been referred to as the “digital gold,” as it has proven to be a unique asset class and, more importantly, a reliable store of value over the years. While gold surely outpaces BTC in age, both assets are commonly used by investors a

Opeyemi Sule
Analyst: Europe Is Secretly Preparing for a Renewed Gold Standard - gold

Analyst: Europe Is Secretly Preparing for a Renewed Gold Standard

Jan Nieuwenhuijs, an expert in gold markets, believes he has found evidence that Europe is preparing to adopt a new standard. He states that the recent movements of several Eastern European countries—purchasing or selling gold to reach a determined r

Sergio Goschenko
BlackRock’s Bitcoin ETF overtakes its Gold ETF in size - gold, size, bitcoin, etf

BlackRock’s Bitcoin ETF overtakes its Gold ETF in size

The shift from gold to Bitcoin ETFs highlights changing investor preferences, signaling a potential redefinition of safe-haven assets. The post BlackRock’s Bitcoin ETF overtakes its Gold ETF in size appeared first on Crypto Briefing.

Vivian Nguyen
Peter Schiff Emphasizes Gold Bull Market Is Just Getting Started - gold, 2024

Peter Schiff Emphasizes Gold Bull Market Is Just Getting Started

Economist and gold advocate Peter Schiff declares gold’s explosive rise is only the beginning, forecasting a historic rally fueled by looming inflation and economic turmoil. Peter Schiff: Gold Bull Market Hits Record High — But This Is Just the Begin

Kevin Helms
Bitcoin ETFs Attract Significant Investment, Impacting Gold’s Market Share - gold, bitcoin

Bitcoin ETFs Attract Significant Investment, Impacting Gold’s Market Share

Bitcoin ETFs have attracted $21 billion since January, affecting gold's performance. Other cryptocurrencies are pursuing ETFs to engage investor interest. Continue Reading:Bitcoin ETFs Attract Significant Investment, Impacting Gold’s Market Share The

Ä°layda Peker
Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price - gold, bank

Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold coul

Kevin Helms
Western Investors Flip-Flop on Gold, Become Bull Market Price Setters - gold

Western Investors Flip-Flop on Gold, Become Bull Market Price Setters

Jan Nieuwenhuijs, a seasoned gold market analyst, has observed a change in gold purchasing flows, stating that while the East previously drove prices up, Western investors are now in charge of pushing the gold market to new heights. However, a ‘perfe

Sergio Goschenko
Gold Surges to Record High Amid Safe-Haven Demand - gold, haven, safe, 2024

Gold Surges to Record High Amid Safe-Haven Demand

Gold prices surged to a new record high of $2,729.30 per ounce on October 21, bringing their gains for 2024 to over 30%. The commodity’s latest increase is attributed to increased safe-haven demand amid escalating tensions in the Middle East and the

Bitcoin.com
Bitcoin ETFs See $2 Billion Inflow as SEC Approves Options Trading for Major Funds - gold, bitcoin, sec, etf, one

Bitcoin ETFs See $2 Billion Inflow as SEC Approves Options Trading for Major Funds

On October 18, the US Securities and Exchange Commission (SEC) approved a rule change that allows the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE) to offer options trading for multiple spot Bitcoin exchange-traded fund

Oluwapelumi Adejumo
Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty - gold

Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty

Central banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support for gold’s growing role, refle

Kevin Helms
Tether Explores Lending Opportunities With International Commodities Traders - gold, credit, bitcoin, tether, usdt

Tether Explores Lending Opportunities With International Commodities Traders

The stablecoin Tether (USDT) is considering lending to international commodities traders, especially in developing markets. Tether’s high profits and existing connections may create lucrative opportunities. Tether could profit handsomely from credit-

Landon Manning
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion - gold, bars

Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion

Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold as a he

Kevin Helms
Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens - gold

Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens

Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic r

Kevin Helms
Goldman Sachs Raises Gold Forecast to $2,900 by 2025 - gold

Goldman Sachs Raises Gold Forecast to $2,900 by 2025

In early September, analysts from the financial powerhouse Goldman Sachs projected that the price of gold would hit $2,700 per ounce by next year. Fast forward to a month later, and Goldman’s market strategists are now setting their sights even highe

Jamie Redman