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On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000. Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin reacted positively to reports that the U.S. … Read more
Robert Kiyosaki ignites bullish momentum for bitcoin, declaring it the ultimate shield against looming market collapse, runaway inflation, and relentless fiat debasement by central banks. Kiyosaki Doubles Down on Bitcoin as Fed Prints Fake Money and Inflation Accelerates Robert Kiyosaki, author of the best-selling personal finance classic Rich Dad Poor Dad, has weighed in once … Read more
Last week bitcoin’s rally past $94,000 reignited a long-running debate: is one of the world’s most volatile assets finally behaving like a safe haven? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. As Correlation Crumbles, Bitcoin Charts … Read more
Bitcoin is gearing up to outshine gold as Fidelity’s latest analysis highlights a pivotal shift in performance momentum, signaling a new era for digital store-of-value dominance. Fidelity Signals Bitcoin May Soon Take the Baton From Gold Fidelity Investments’ director of global macro, Jurrien Timmer, offered a comprehensive take on the dynamic between bitcoin and gold … Read more
A new study finds that 68% of Americans have purchased bitcoin since President Trump announced reciprocal tariffs, surpassing gold buyers by nearly 24%. Americans Allocate More Funds to Bitcoin According to a new NFT Evening study, 68% of Americans have bought bitcoin ( BTC) since the U.S. President Donald Trump announced reciprocal tariffs. This figure … Read more
Tether Holdings has released its first-quarter 2025 attestation for Tether Gold (XAUT), confirming that more than 7.7 tons of physical gold fully back the tokens in circulation. Tether Releases Independent Verification of XAUT Reserves Tether’s attestation report, completed by BDO Italia S.p.A., independently verified that 246,524.33 fine troy ounces of gold were held in custody … Read more
Gold could climb to $6,000 an ounce during Donald Trump’s second term because a sharper tariff regime would weaken the dollar, investment manager Frank Holmes told Kitco News this week in a wide-ranging interview. Frank Holmes Outlines Bold $6,000 Gold and Bitcoin Growth Outlook Holmes, chief executive and chief investment officer of U.S. Global Investors … Read more
A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1 ZH/s signifies enhanced network security and strong miner confidence. Bitcoin Hashrate at End of Q4 Ahead of Projection Bitcoin’s network hashpower is on track to reach the unprecedented milestone of 1 Zettahash per second (ZH/s) … Read more
JPMorgan analysts said that gold could extend its bull market through 2026, with the price of a troy ounce of the metal reaching $4,000, supported by the current trade war climate and ongoing demand from investors and central banks. JPMorgan Believes Gold May Touch $4,000 an Ounce in 2026 Gold keeps making headlines in one … Read more
In a recent social media post, renowned author and statistician Nassim Taleb, known for his book “Black Swan,” declared gold as the new reserve currency, highlighting its 35% appreciation against the dollar. Taleb criticized U.S. President Donald Trump’s economic policies, suggesting they have led to a significant flight from American assets. He expressed a strong … Read more
