Analyst flags bitcoin’s ‘dual nature’
At times bitcoin is a haven, at others a risk asset, said IG Market analyst Tony Sycamore.
Analyst flags bitcoin’s ‘dual nature’
At times bitcoin is a haven, at others a risk asset, said IG Market analyst Tony Sycamore.
Presto Labels Bitcoin’s Record Surge as an ‘Inflationary Illusion’
The latest historic peak of digital gold may not reflect a genuine increase in value but rather the impact of dollar inflation.
A financial reboot—or another crisis?
In recent years the financial system has been hit by ever more frequent and unpredictable shocks that undermine its resilience. Classic support measures no longer deliver, and talk of another global crisis is growing louder. Against this backdrop, the adoption by TradFi of technological novelties—digital currencies, tokenised assets, blockchain platforms and the like—looks logical. On […]
Tether Reveals 7.6 Tons of Gold Backing for XAUT
Tether announced that by the end of the second quarter, nearly 250,000 “gold” stablecoins (XAUT) were in circulation. This marks the second official attestation of the asset, launched in 2020.
Tether Discloses $8 Billion Gold Reserve and Invests in Crystal Intelligence
Tether holds $8 billion worth of gold in its own vault in Switzerland, according to Bloomberg. The firm has also invested in the analytics company Crystal Intelligence to combat illegal USDT transactions. In an interview with the publication, Tether CEO Paolo Ardoino revealed that the company directly owns nearly 80 tonnes of gold. This positions […]
Bitwise: Investors Turn to Bitcoin Amid Fiat Concerns
Investors and central banks have begun to question the stability of the fiat monetary system, stated Bitwise’s Chief Investment Officer Matt Hougan. According to him, people are seeking protection from currency devaluation in assets like gold and the leading cryptocurrency. Hougan likened the situation to the parable of fish unaware of the water around them. […]
Tether Acquires $89 Million Stake in Canadian Gold Mining Firm
Tether Investments, affiliated with the largest stablecoin issuer, has acquired a 31.9% stake in the gold mining company Elemental Altus Royalties.
An awkward golden cushion
As bitcoin storms a new ATH, Americans are asking how to amass even more digital gold. In pursuit, many are willing to part with a portion of their precious-metal reserves. In this ForkLog piece, we examine how the wealthiest holders of gold and bitcoin are preparing for change—and where in the world it is easiest […]
Ethereum’s ‘Golden Fractal’ Could Propel It to $6000, Analysts Suggest
A comparison of charts for Ethereum, the second-largest cryptocurrency by market capitalization, and gold has revealed that Ethereum is mirroring the precious metal’s accumulation pattern from 2019 to 2024. This conclusion was drawn by a user known as crypto_goos. $ETH is looking like Gold… Send it higher! pic.twitter.com/ucLj8HGH0i — CryptoGoos (@crypto_goos) June 2, 2025 The […]
Tether Launches TON Version of Gold-Backed Stablecoin XAUT
Tether announced the launch of XAUt0, an omnichain version of its gold-backed stablecoin XAUT. The initial deployment of the asset will occur on The Open Network in collaboration with the TON Foundation. XAUt0 enhances Tether Gold’s capabilities by enabling the token to move across different blockchains. The technology is based on LayerZero’s OFT standard, ensuring […]
Analyst sees bitcoin at $220,000 in 2025
Bitcoin to rise to $220,000 based on a power-law model and a comparison with gold. For the advance to continue, the liquidity cluster in the $105,000–$110,000 band must be cleared; support sits around $98,000–$100,000. By year-end, bitcoin could reach $220,000 or higher if its correlation with gold persists, according to a user going by Apsk32. […]
JPMorgan Predicts Bitcoin to Surpass Gold by Year-End
In the latter half of the year, the leading cryptocurrency is expected to continue its price ascent, outpacing gold, driven by corporate acquisitions and growing support from American states. These conclusions were drawn by JPMorgan, as reported by The Block. Experts referred to the implementation of the debasement trade strategy, which became relevant for both […]We use cookies to improve the quality of our service.
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