Traders are leaning bullish on the gold futures price, with the GC00 curve steepening, according to Correlation Economics. Gold’s dip during the U.S.-China trade war earlier this year wasn’t a flight from safety—it was a byproduct of a stronger dollar and a broad risk rally that lifted the S&P 500 15% off its lows. “Gold … Read more
A survey by the Nakamoto Project attracted criticism after indicating that 8 out of 10 Americans want the U.S. to sell some of its gold reserves to buy Bitcoin. The U.S. crypto reserve continues to be a divisive issue, as revealed by the reactions to one recent survey. On May 20, the Nakamoto Project, a … Read more
Gold Rises, Bitcoin Follows – With Bigger Gains Bitcoin is often called “digital gold.” Both assets are seen as protection against inflation and fiat currency risks. But while gold tends to move slowly, Bitcoin usually surges faster during bull runs. For example: Period Gold Gain Bitcoin Gain Bitcoin vs Gold Mar 2020 – Mar 2022 … Read more
Introduction In the ever-evolving realm of financial markets, investors constantly seek assets that can preserve and grow wealth amidst fluctuating economic conditions. Traditionally, gold has played this role—an enduring store of value that protects against inflation, currency devaluation, and geopolitical turmoil. Positioned as a hedge against systemic risks, gold has been a cornerstone in conservative … Read more
Gold has surged to a staggering $3,660 per ounce as investors flock to safety amidst the U.S.-China trade war. They’re leaving Bitcoin for gold, so what gives? Funds are flowing fast into gold ETFs, now commanding $150 billion in assets, leaving Bitcoin ETFs far behind with their comparatively weak $93 billion. It seems that when … Read more
Shiba Inu price continued its downward trend and neared a crucial support level even after Shibarium crossed a major milestone. Shiba Inu (SHIB), the second-biggest meme coin, dropped to $0.00001215, its lowest level since March 14, and 23% below its highest swing this year. The decline happened after Shibarium, its layer-2 network, crossed the 1 … Read more
The gold futures price has torn through the $3,000 ceiling, hitting $3,001.30 in April futures and cementing a 20% climb in just a few months. This record-breaking run was driven by the geopolitical chaos of U.S. President Donald Trump’s economy and the challenges investors are facing in adapting. And, of course, gold’s biggest cheerleader, American … Read more