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Ricardo Salinas, founder and chairman of Mexican conglomerate Grupo Salinas, said 70% of his investment portfolio is now allocated to Bitcoin-related assets ā up from 10% in 2020.Speaking with Bloomberg on March 4, Salinas said heās āpretty much all inā on Bitcoin , while the remaining 30% of his inā¦
While spot bitcoin exchange-traded funds yesterday registered their largest-ever daily outflow as investors pulled out nearly $1 billion, spot gold ETFs continue to see large inflows, a potential boon for gold-backed cryptocurrencies.Physically-backed gold ETFs last week saw their largest weekly infā¦
Gold prices edged higher on Tuesday, trading just below their all-time high of $2,942, as investors sought safe-haven assets amid renewed concerns over U.S. trade policy. Gold investors appear to be establishing a higher support base around the $2,880 mark over the past week, reinforcing the bullishā¦
Becomes an excellent legacy gift to pass onto loved ones, while being eligible for a gold IRACALABASAS, Ca., Feb. 18, 2025 (GLOBE NEWSWIRE) ā via IBN ā Following the resounding success of their proprietary limited edition Australian Osprey, Australian White Bellied Sea Eagle, and Australian Barn Oā¦
Polymarket, a cryptocurrency-based prediction market platform, has listed bets on whether Elon Muskās Department of Government Efficiency (DOGE) will audit the US gold reserves at Fort Knox.Polymarket introduced two Fort Knox prediction markets on Feb. 17, with oneĀ bettingĀ on whether the DOGE would ā¦
The cryptocurrency community is rallying around a renewed push for an audit of the United Statesā gold reserves stored at Fort Knox, as Senator Rand Paul calls on Elon Muskās Department of Government Efficiency (DOGE) to investigate.The Kentucky senator on Feb. 16 invited DOGE to conduct a gold reseā¦
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 Trumpās tariffs being a negotiating tool.Gold-backed tokens, including Paxos gold (Pā¦
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.Goldās bullish trajectory has been fueled by ongoing central bank purchases, concerns over global trade policies, and investor demand for safe-haven assets, according to a reportā¦
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 CryptoQuant indicates that bitcoin's fair value lies bā¦
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 have benefitted greatly from the precious metalāā¦
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 stablecoin anchored by physical gold reserves. Runniā¦
In The New Rules of Investing , Mark H. Haefele, global chief investment officer at UBS, repeatedly advises readers to "follow the money" ā namely, the growing size of government and its increasing role in the nation's economy. Whether one approves of "top-down interference in free markets" is immatā¦