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Nalezeno "Gold ": 2073

US Senator Pushes Gold Sales to Kickstart Massive Bitcoin Reserves


A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during...

UBS Reveals When to Buy Gold Dips as Markets Signal Unseen Risks


UBS signals a prime buying range for gold on price dips, projecting steady growth and recommending a 5% allocation in balanced portfolios. UBS Sounds Alarm: What Keeps Gold’s Value Steady Under New US Leadership? Global investment bank UBS published a report Monday highlighting the enduring value...

Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken


Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU’s nearly...

Russia’s Gold Reserves Climb to $207.7B — A Shift in Global Strategy?


Russia’s central bank reported a record high of $207.7 billion in gold reserves for October. Gold’s share in Russia’s total international reserves rose from 31.5% in September to 32.9%, the highest level since November 1999, when it reached 34%. Historically, the gold proportion peaked at 56.9%...

Zimbabwe Plans to ‘Float’ Rapidly Depreciating Gold-Backed Currency


Zimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency achieve price discovery without administrative interference. However, the official did not give a timeline...

TRON DAO Participates as Gold Sponsor at Binance Blockchain Week in Dubai


PRESS RELEASE. Geneva, Switzerland, November 11th, 2024 – TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024, held from October 30 to 31, 2024, in Dubai. This event brought together leaders from across the industry to discuss the evolving landscape of blockchain...

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