2019-7-6 10:28 |
Gold bug feels the warmth of bitcoiners after $1,500 in donations
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Gold has fallen into bear-market territory after giving up its gains for the year, even as US spot Bitcoin exchange-traded funds (ETFs) continued to attract fresh money, pushing the two assets onto sharply different paths.
Gold’s sudden reversal is beginning to influence how some market watchers see Bitcoin’s next move. In a market note shared on X, verified analyst Joao Wedson noted that the relationship between the two assets is unfolding in line with a sequence he outlined earlier this year wheregold peaks first, volatility erupts, Bitcoin reacts sharply afterward, […]
Gold has slipped from above $5,200 while crypto bleeds and silver dumps, exposing “store of value” as a question of volatility, leverage and time horizon, not memes. Spot gold is trading just below $4,600 today, down roughly 10–15% from its…
The World Gold Council has proposed plans to develop a platform that will change how the metal operates in digital financial systems. In a white paper released on March 18, the World Gold Council outlined plans for a proposed “Gold…
Bybit launches XAUT Earn, a new product that allows users to earn APR on tokenized gold holdings, adding yield to a traditionally non-income-generating asset.
Retail investors became the main force behind gold-fund buying over the past six months, helping extend bullion’s rise even as some institutional money started to step back. At the same time, fresh inflows into US spot Bitcoin exchange-traded funds (ETFs) show part of Wall Street rebuilding crypto exposure through the regulated ETF channel, setting up […] The post Retail is rushing into gold, but institutions are buying Bitcoin again – so why the split? appeared first on CryptoSlate.
Bitcoin Magazine $1 Million Bitcoin Isn’t as Far-Fetched as It Sounds, Analyst Says Matt Hougan of Bitwise says a $1 million bitcoin is plausible if the global store-of-value market continues growing and bitcoin captures a larger share.