Tag Archives: precious metal

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 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→

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→

Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts

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Wall Street’s biggest gold fund saw something unusual recently — a single-day outflow of $3 billion from SPDR Gold Shares, a number that dwarfed any comparable daily exit over the prior two years by more than 200%. The $3 billion single-day outflow from SPDR Gold Shares — a US gold-backed ETF trading under the ticker… Continue reading Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts→

Blockchain Meets Gold: Tokenized Commodities Hit $6 Billion

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Markets have put more gold on blockchains, And the shift has been rapid. Reports say the tokenized commodities sector grew about 53% in under six weeks, pushing its size to just over $6 billion. That jump has been led by a small group of gold tokens, and the move has traders and some big banks… Continue reading Blockchain Meets Gold: Tokenized Commodities Hit $6 Billion→

Bitcoin Edges Past Gold In Appeal, JPMorgan Says

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Bitcoin’s role in big-money talks has shifted in recent weeks. Reports say analysts at JPMorgan now see Bitcoin as more attractive than gold for long-term investors once you adjust how risk is counted. That’s a notable twist given how deeply gold has been ingrained as the go-to safe haven for decades. Gold’s climb has been… Continue reading Bitcoin Edges Past Gold In Appeal, JPMorgan Says→

Central Banks May Stockpile Bitcoin In 5 Years, Deutsche Bank Predicts

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Reports have disclosed that Deutsche Bank research sees room for Bitcoin to sit alongside gold on some central bank balance sheets by 2030. The bank’s paper says that both assets can act as hedges against certain risks and that the path Bitcoin would follow mirrors gold’s slow adoption into official reserves. Central Banks Could Add… Continue reading Central Banks May Stockpile Bitcoin In 5 Years, Deutsche Bank Predicts→

Bitcoin Has Taken Gold’s Role In Today’s World, Eric Trump Says

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Eric Trump on Tuesday described Bitcoin as a “modern-day gold,” calling it a liquid store of value that can act as a hedge to real estate and other assets. According to reports, the remark came during a TV appearance on CNBC’s Squawk Box, tied to the launch of American Bitcoin, the mining and treasury firm… Continue reading Bitcoin Has Taken Gold’s Role In Today’s World, Eric Trump Says→

Bitcoin Poised For 10x Surge? Analyst Points To Gold’s Playbook

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Bitcoin eased back this week after a fresh peak, but a loud bullish pitch is making rounds. According to market updates, the coin hit about $124,390 before slipping to $114,158 and then nudging up to $115,285 at press time. Based on reports from a chart-focused analyst who goes by AO, Bitcoin may be tracing a… Continue reading Bitcoin Poised For 10x Surge? Analyst Points To Gold’s Playbook→

Bitcoin Won’t Save You—Peter Schiff Says Gold Will Win As Trump Wrecks The Dollar

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Gold proponent Peter Schiff hit out at US President Donald Trump’s support for cryptocurrency, calling Bitcoin a “decentralized Ponzi scheme” wrapped in the American flag. He warned that pushing digital assets at home could erode trust in the dollar. Schiff said that, while some may cheer weaker paper money, it will be gold that wins… Continue reading Bitcoin Won’t Save You—Peter Schiff Says Gold Will Win As Trump Wrecks The Dollar→