Gold reaches record highs on the stock exchange this July 2024! Influenced by various economic and geopolitical factors.
As the BRICS actively seek to dethrone the US dollar from its status as the world's reserve currency, HSBC has issued bold forecasts on the future of the greenback. In the face of these de-dollarization initiatives, HSBC analysts maintain that the dollar will continue to reign as the dominant currency for decades to come.
Alloy by Tether: the new gold-backed stablecoin, combining traditional security and innovative crypto technology.
The world of cryptos has just reached a new milestone: the Industrial and Commercial Bank of China (ICBC), the world's largest bank in terms of assets, recently compared Bitcoin to digital gold and Ethereum to digital oil. This statement, coming from a leading financial institution, marks a significant recognition of the importance and potential of cryptocurrencies in the current global economy. By highlighting the unique qualities and distinctive roles of these two digital assets, the ICBC sheds light on their growing importance in an ever-evolving financial landscape.
Bitcoin continues to shine among the top global financial assets. Recent data reveals that its market capitalization is now rivaling that of many traditional companies, approaching that of silver.
In the face of a constantly evolving global economy, investors are on high alert. Recently, Peter Schiff, a renowned economist and avid gold advocate, issued a clear warning against buying US dollars. According to him, the combination of rising Treasury bond yields and runaway inflation could precipitate a dramatic depreciation of the US currency. A perspective that deserves special attention from all economic actors.
The tune is changing for Bitcoin and gold. Long seen as uncorrelated safe-haven assets, these two commodities now appear to be moving in sync. According to the latest data, their correlation is strengthening, hinting at a new dynamic between the queen of cryptos and the precious metal.
Confrontation between experts: Brandt and Schiff conflicted on the viability of Bitcoin compared to precious metals!
On this Whit Monday, the Paris Stock Exchange is expected to open slightly higher, supported by optimism in Asian markets and expectations of monetary policy easing. Meanwhile, gold and copper are reaching historic levels.
Discover how Bitcoin defies gold inflation and impacts the cryptocurrency market as a whole!
Have some people ever advised you to buy gold to protect yourself from inflation? You'd better read this article.
The much-anticipated Bitcoin "Halving", scheduled for the weekend of April 19, 2024, raises many questions among analysts. Will this halving of the new BTC issuance have a significant impact on its inflation rate and its status as a safe haven compared to gold?
The Iran-Israel tension influences the markets: gold rises, oil fluctuates. What are the repercussions on the stock market and the oil sector?
The BRICS have announced their plan to launch their own currency to break free from dependence on the dollar. While waiting for this project to materialize, the alliance is shunning the dollar through various strategies. One of the most recent ones is the massive use of gold by the BRICS to support their local currencies.
As gold reaches historic highs, propelled by global concerns, this sordid paradox is upending French finance.
By crossing the $71,000 mark, Bitcoin now weighs more than all the silver metal extracted from the earth.
In a context where Bitcoin has surpassed its previous 2021 high, the price of gold also reached an unprecedented level on March 5, hitting $2,140 per ounce. This 4.97% increase in a week for the global safe haven asset is sounding the alarm about a possible excessive easing of monetary policy.
Bitcoin is approaching $64,000, recalling its recent high of $69,000. Bitcoin ETFs are challenging Gold ETFs.
The financial ecosystem is experiencing a new trend involving baby boomers. This class of investors born between 1943 and 1965 is losing interest in gold. Now, they are turning to Bitcoin Spot ETFs. This dynamic raises questions for many financial market analysts. Historically, gold is considered an asset that secures wealth against financial risks such as inflation. From this perspective, this evolution represents a significant change in the investment preferences of this cohort of investors. What factors are driving this transition and what are the implications for the future of investments? In this article, we provide an analysis on this issue.
The comeback of bitcoin, which recently regained the symbolic threshold of $1 trillion market capitalization, whets appetites and revives competition with gold. Fueled by massive capital inflows into bitcoin spot ETFs, the king of cryptos could outshine gold sooner than expected.
Bitcoin in pole position: Cathie Wood predicts the end of the gold era.
The famous gold investor Peter Schiff recently sparked a heated controversy on Twitter by stating that Bitcoin has no intrinsic value. His comments immediately triggered a torrent of reactions from the crypto community.
The BRICS do not skimp on the implementation of their strategy to escape the economic domination of the US dollar. The alliance's monetary projects are attracting attention, especially the massive funds they are injecting to acquire significant amounts of gold.
Spot Bitcoin ETFs are at the heart of discussions lately. While some speculations revolve around a rejection or approval of these new financial products, others focus on the impact of trackers on BTC from a financial perspective. Indeed, more and more analysts do not dismiss the theory of a migration of fresh capital into the market after the SEC's green light. Gabor Gurbacs, an advisor at VanEck, provides some clarification on this subject.
It's official, China is number 1. And by a long shot. The international monetary order is going to change. Bitcoin is waiting for its moment.
Gold and Bitcoin are surging. While one mainly benefits from geopolitical tensions, the other gains from anticipation regarding ETFs and the halving event.
While the price of gold has reached a new record above $2,100 per ounce this week, the performance of the precious metal far surpasses that of Bitcoin. Whereas gold is entering unknown territory with a relatively stable dollar, Bitcoin still has to rebound more than 60% to surpass its previous peak.
The BRICS member countries plan to launch a common currency for their organization in the near future. At present, there is no indication of the proposed currency's backing. Among analysts, the debate on whether it should be supported by cryptocurrency or gold is ongoing. And the question is not easy to answer. Some data show that cryptocurrency has advantages to offer as a backing for the BRICS currency. The same goes for the precious metal, gold. In this analysis, we will attempt to shed light on what is being said on this subject.
The de-dollarization continues in Asia. Following nations like India or Indonesia, Thailand is now also shunning the dollar.
The tokenization of the economy is the future. Stocks, bonds, real estate, wine, works of art… everything can integrate this new classification of digital units programmable from a smart contract. To take full advantage of these opportunities, leading players such as Chainlink are deploying major resources to permanently protect investors' assets. Gold tokenization is one of its spearheads.