Tag Archives: gold

Anthony Scaramucci Puts Bitcoin Market Cap At $21 Trillion, So How Much Will 1 BTC Be?

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Anthony Scaramucci, the financier and SkyBridge Capital founder who briefly served as White House communications director, has made a bold case for Bitcoin’s long-term value.  According to him, Bitcoin’s market cap is well on track to reach $21 trillion, and this is because of its fixed supply, its growing institutional footprint, and a monetary trust… Continue reading Anthony Scaramucci Puts Bitcoin Market Cap At $21 Trillion, So How Much Will 1 BTC Be?→

Bitcoin’s Market Potential May Surpass Gold Amid Iran-US War: Bitwise

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More than 87% of Argentinians surveyed in a January Coinbase poll said they view crypto and blockchain technology as a way to strengthen their financial independence — a sign that the role of Bitcoin in the global economy may already be shifting well beyond what markets have priced in. Bitcoin’s Dual Role Draws New Attention… Continue reading Bitcoin’s Market Potential May Surpass Gold Amid Iran-US War: Bitwise→

Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—Analyst

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Gold shed billions in March. Bitcoin quietly pulled in more than a billion. Flows Tell A Diverging Story US spot Bitcoin exchange-traded funds attracted $1.32 billion in net inflows last month, even as US-based gold ETFs bled $2.92 billion in net outflows over the same period. The gap caught the attention of Bloomberg ETF analyst… Continue reading Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—Analyst→

Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold

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Institutional money has been pouring into Bitcoin at a scale that would have seemed far-fetched just a few years ago. Since the launch of Bitcoin exchange-traded funds, roughly $56 billion has flowed in from asset managers around the world — a shift that Bitmine CEO Tom Lee says is changing how serious investors think about… Continue reading Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold→

Binance Users Register Record Gold Futures Trading Activity – What This Means

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The Binance exchange has registered a surge in derivatives activity triggered by an ongoing pullback in gold’s price. The highly priced commodity and world’s largest asset has experienced a steady price decline since around February amid exacerbating geopolitical tensions and concerns about global inflation levels.  Binance Users Show Heavy Interest In Gold Market  In an… Continue reading Binance Users Register Record Gold Futures Trading Activity – What This Means→

Over $6B: XAUT Futures Volume Rewrites Records On Binance

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A gold-backed crypto token jumped from 453rd place to fifth among the most actively traded perpetual pairs on Binance — all within a matter of weeks. XAUT: From Obscurity To The Top 5 Tether’s tokenized gold token, XAUT, recorded a daily perpetual futures trading volume of $6.40 billion on March 23, according to data highlighted… Continue reading Over $6B: XAUT Futures Volume Rewrites Records On Binance→

Analyst Predicts Bitcoin To Gold Rotation That Will Send BTC Price To $800,000, But When?

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A crypto analyst has issued a bold long-term forecast for Bitcoin, predicting that a capital rotation out of gold and into Bitcoin will drive the asset to $800,000. This prediction is coming at a time when gold’s recent decline has caught many financial investors off guard.  Biggest Gold To Bitcoin Rotation Is Coming Bitcoin has… Continue reading Analyst Predicts Bitcoin To Gold Rotation That Will Send BTC Price To $800,000, But When?→

Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

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Bitcoin quietly gained ground while gold crumbled. That contrast has become one of the more telling stories to emerge from weeks of escalating conflict in the Middle East, as the two assets — long compared as competing stores of value — have moved in sharply opposite directions since the US and Israel launched strikes on… Continue reading Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War→

Pundit Shares Everything To Understand About Bitcoin, ‘This Cycle IS Different’

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A crypto analyst has broken down everything investors and traders need to know about the current Bitcoin (BTC) cycle. In his post, the pundit argued that the present cycle is different. He explained that the widely followed four-year cycle theory is fundamentally flawed, suggesting that a far more reliable framework exists for understanding where the… Continue reading Pundit Shares Everything To Understand About Bitcoin, ‘This Cycle IS Different’→

Bitcoin Gains Ground On Gold Even As Both Assets Slide

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For six straight weeks, Bitcoin was losing the battle against gold. That streak has now reversed — and it has held for two weeks running, with Bitcoin up more than 4% against the precious metal this week alone. A Parallel Decline Reshapes The Debate The timing of that rebound is striking, given that both assets… Continue reading Bitcoin Gains Ground On Gold Even As Both Assets Slide→