Bitcoin surged to a new all-time high above $125,000 in the last few hours, driven by significant spot ETF inflows, heightened institutional demand, and a backdrop of US political uncertainty as the government shutdown persists. Multiple sources report record weekly net inflows to US-listed Bitco... ... Read full CryptMarket Analysis — 07-10-06
Streamex Corp. saw its stock surge over 20% on Monday after announcing a pre-sale for its upcoming gold-backed stablecoin, GLDY. The digital asset, designed to generate an annualized yield of up to 4.0%, will open for qualified investors on or before Nov. 10.The GLDY token offers exposure to physica…
By Elsa OhlenBitcoin slipped back from a record high Tuesday as the government shutdown entered its seventh day. But cryptos remained elevated, along with gold, as investors flocked to perceived haven assets.Bitcoin edged up 0.2% over the past 24 hours to $124,234, according to CoinDesk data. Howeve…
Bitcoin could be worth half as much as gold by its next halving, slated for 2028, and the recent rise in gold prices would price the cryptocurrency at $644,000 in “equivalent value,” analysts say.“We’ve been saying Bitcoin should reach half of gold’s market cap after the next halving,” Matthew Sigel…
Gold prices have come within a few dollars of a milestone all-time high of $4,000 as investors escape to safe-haven assets — a trend that also looks bullish for Bitcoin. Prices for futures for gold tapped $4,000 per ounce for the first time early on Tuesday morning, while spot prices reached an all-…
Bitcoin’s growing appeal among younger investors in emerging markets is positioning it as a preferred store of value over gold, according to Matthew Sigel, head of digital assets research at VanEck.In an on Tuesday, Sigel said surveys show younger consumers increasingly favor Bitcoin for wealth pres…