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Gold

Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

2 weeks ago by Crypto InsightsCrypto

Bitcoin BTC$67,267.65 tends to outperform traditional safe haven assets like gold in the two months following major global crises, according to new analysis from Brazilian crypto exchange Mercado Bitcoin. The study, led by Rony Szuster, head of research at the Latin American crypto platform, examined… Read More

Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

1 month 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

2 months 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

2 months 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

3 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

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