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Gold

Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

2 weeks ago by Crypto InsightsCrypto

Bitcoin is likely to outperform gold on price performance through to 2029 after gold’s strong recent rally, says macroeconomist Lyn Alden. “If I had to bet Bitcoin versus gold over the next two to three years, I would bet Bitcoin,” Alden said on the New… Read More

Crypto slides as tech stocks and gold retreat; bitcoin-Nasdaq correlation turns positive

Crypto slides as tech stocks and gold retreat; bitcoin-Nasdaq correlation turns positive

1 month ago by Crypto InsightsCrypto

The crypto market continued to exhibit weakness on Tuesday morning, broadly following a tech selloff across U.S. equities and a correction in the price of precious metals. Bitcoin trades at $68,000, down 1.25% since midnight UTC, while Nasdaq futures and gold lost 0.55% and 2.4%… Read More

Tether Invests $150M in Gold.com to expand gold tokenization

Tether Invests $150M in Gold.com to expand gold tokenization

1 month ago by Crypto InsightsCrypto

The investment arm of stablecoin issuer Tether has acquired a $150 million stake in the precious metals platform Gold.com to expand access to tokenized gold. Tether said on Thursday that it acquired an approximately 12% stake in the company, which will integrate Tether Gold (XAUt),… Read More

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 months 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

2 months 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

2 months 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

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