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Gold

Bitcoin isn’t competing with gold, but rather prediction markets and ultra-short options

Bitcoin isn’t competing with gold, but rather prediction markets and ultra-short options

2 days ago by Crypto InsightsCrypto

Bitcoin BTC$77,317.26 is suffering from an identity crisis that has nothing to do with fundamentals and everything to do with shrinking attention spans. While gold rallied more than 12% and the S&P 500 ticked higher in the past 30 days, bitcoin slid more than 10%… Read More

Nayib Bukele and El Salvador buying dips in bitcoin and gold

Nayib Bukele and El Salvador buying dips in bitcoin and gold

5 days ago by Crypto InsightsCrypto

The central bank of El Salvador, the tiny bitcoin-friendly nation in Central America, added $50 million worth of gold to its reserves, the institution said Thursday in an X post. The purchase — 9,298 troy ounces — brings the country’s total gold holdings to 67,403… Read More

Paxos Gold (PAXG) sees record $248 million inflow in January

Paxos Gold (PAXG) sees record $248 million inflow in January

6 days ago by Crypto InsightsCrypto

Crypto investors are piling into tokenized gold as digital asset markets are treading water, sending inflows to Paxos’ gold token to a record in January. Paxos Gold (PAXG), backed by physical gold held in LBMA vaults in London, raked in more than $248 million fresh… Read More

BTC price trails gold as yen intervention concerns weigh on risk assets

BTC price trails gold as yen intervention concerns weigh on risk assets

1 week ago by Crypto InsightsCrypto

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin is struggling to hold ground as concerns over the strength of the yen and fiscal instability drove a divergence between crypto and traditional safe-haven assets. Bitcoin fell 0.8% in 24 hours to sit below $88,000,… Read More

Gold tops $5,000 as BTC stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing

Gold tops $5,000 as BTC stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing

1 week ago by Crypto InsightsCrypto

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Gold’s breakout… Read More

Here’s why bitcoin’s been failing its role as a ‘digital gold’

Here’s why bitcoin’s been failing its role as a ‘digital gold’

1 week ago by Crypto InsightsCrypto

In theory, bitcoin should thrive during times of uncertainty as it’s sound money that’s censorship-resistant. In practice, it’s becoming the first thing investors sell when push comes to shove. As geopolitical tensions flared over the past week, following Trump’s threats of tariffs against NATO allies… Read More

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