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Bybit enables USDT-paired equities trading in Gold & FX expansion

Bybit enables USDT-paired equities trading in Gold & FX expansion

Dubai-based crypto exchange Bybit has expanded its Gold & FX product suite by adding equities trading, allowing users to trade shares of 78 companies — including Coinbase (COIN) and the “Magnificent 7” — using USDT, the stablecoin issued by Tether, the company announced Monday.The new feature is par…

Bitcoin May Skyrocket Anytime Soon as US Loses AAA Credit Rating: Report

Bitcoin May Skyrocket Anytime Soon as US Loses AAA Credit Rating: Report

The U.S. has lost its high credit rating over the growing national debt and deficits. International journalist Michelle Makori says Bitcoin and gold are worth watching now, hinting she expects these two safe-haven assets’ prices to skyrocket."Watch Bitcoin and gold," Makori saysThe journalist shared…

Tether Gold enters Thailand with listing on Maxbit exchange

Tether Gold enters Thailand with listing on Maxbit exchange

Tether, issuer of the world’s largest stablecoin, USDt, is rolling out its tokenized gold digital asset in Thailand with a listing on local cryptocurrency exchange Maxbit.In a May 13 announcement, Tether said its gold-backed token, Tether Gold (XAUt), has been listed on Thai exchange Maxbit.Accordin…

Robert Kiyosaki says ditch ‘fake money’ for Bitcoin, gold, and silver

Robert Kiyosaki says ditch ‘fake money’ for Bitcoin, gold, and silver

Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad, is once again sounding the alarm on the dangers of centralized monetary policy, urging his followers to abandon what he calls “fake money” and adopt alternatives like Bitcoin, gold, and silver.In a May 10 post on X, Kiyosaki …

Bitcoin risks sub-$92K retest as BTC price fails to match 4% gold gains

Bitcoin risks sub-$92K retest as BTC price fails to match 4% gold gains

Key points:Bitcoin is struggling again as gold retakes the limelight with week-to-date gains of nearly 5%.Bitcoin’s correlation with gold is under scrutiny amid ongoing macroeconomic shifts.Traders see a short-term slump amid a wider BTC price rebound.Bitcoin eyed fresh month-to-date lows into the …

Binance co-founder CZ proposes Bitcoin, BNB for Kyrgyzstan reserves

Binance co-founder CZ proposes Bitcoin, BNB for Kyrgyzstan reserves

Binance co-founder Changpeng “CZ” Zhao has proposed Bitcoin and BNB as the first digital assets to build Kyrgyzstan’s national crypto reserves.On May 5, Zhao shared on X that he had advised Kyrgyzstan to start with Bitcoin and BNB when building its national crypto reserve. In 2024, Forbes claimed …

Bitcoin ‘power law’ model forecasts $200K BTC price in 2025

Bitcoin ‘power law’ model forecasts $200K BTC price in 2025

Key takeaways: Based on power curve trends, Bitcoin may hit $200,000 in Q4 2025.Bitcoin follows gold’s price trend with a 100-150 day lag.Bitcoin’s price has rallied 11% this week, its best weekly return in 2025 and its highest seven-day growth since early November 2024. Bitcoin also reached $95,000…

Traders pour into leveraged ETFs, gold in bid to weather volatility — Bloomberg

Traders pour into leveraged ETFs, gold in bid to weather volatility — Bloomberg

Traders are embracing diametrically opposed exchange-traded fund (ETF) strategies in a bid to navigate one of the most unpredictable financial markets in recent history, according to data from Bloomberg Intelligence. The year-to-date has seen record inflows to ETFs providing leveraged long exposure …

Bitcoin Price Hits $90,000 Again. The Case for the Crypto as 'Digital Gold.'

Bitcoin Price Hits $90,000 Again. The Case for the Crypto as 'Digital Gold.'

By Elsa OhlenThe price of Bitcoin climbed above $90,000 for the first time since early March on Tuesday, raising the idea once again that the world's largest crypto is an equivalent of "digital gold."Bitcoin is up 2.3% to $90,262 over the past 24 hours, according to CoinDesk data. The crypto rose on…

Bitcoin retakes $90,000 as IMF forecasts higher U.S. inflation and lower global economic growth

Bitcoin retakes $90,000 as IMF forecasts higher U.S. inflation and lower global economic growth

Bearish projections from the International Monetary Fund seemingly buoyed Bitcoin’s holiday rally and bolstered cryptocurrency prices on Tuesday. The IMF's April 2025 World Economic Outlook lowered the U.S. growth forecast for this year to 1.8% from 2.7%, while raising its inflation forecast to 3% f…

Gold-backed vs USD-backed stablecoins: Key differences

Gold-backed vs USD-backed stablecoins: Key differences

What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days of cryptocurrency, with developers aiming to c…

Is Bitcoin price going to crash again?

Is Bitcoin price going to crash again?

Bitcoin (BTC) price has rebounded by 14.60% after plunging below $75,000 for the first time in five months in April. However, its failure to break above the $85,000 resistance level decisively has sparked concerns that the ongoing recovery may trap bulls.Gold’s rally may risk crashing Bitcoin below …