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Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price
25.10.2024
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing...
Gold Surges to Record High Amid Safe-Haven Demand
21.10.2024
Gold prices surged to a new record high of $2,729.30 per ounce on October 21, bringing their gains for 2024 to over 30%. The commodity’s latest increase is attributed to increased safe-haven demand amid escalating tensions in the Middle East and the closely contested U.S. election. This...
Shiba Inu Whales Shift 5 Trillion SHIB: Is ETFSwap the Safe Haven?
10.10.2024
A new crypto project, ETFSwap (ETFS), may be a safe haven for investors amidst current market volatility. SHIB…
ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable
9.10.2024
A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks...
Bitcoin Not a Safe Haven From Geopolitical Risks, But Still Buy the Dip: Standard Chartered
3.10.2024
Risks stemming from the Middle East conflict are likely to push bitcoin below $60K before the weekend, the report said
Bitcoin tanks, gold rebounds as Israel vows Iran ‘will pay’ for attack
2.10.2024
The price of Bitcoin fell around $4,000 after Iran fired around 200 ballistic missiles at Israel, escalating the conflict in the Middle East.
Asia’s Gold Rush: Investors Seek Safe Haven Amid Economic Uncertainty
13.6.2024
Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real estate downturn, and trade tensions, have increased...
Is Tether a safe haven in the crypto storm?
21.5.2024
Tether (USDT) is a type of cryptocurrency, and its value is meant to stay close to the U.S. dollar. This makes it easy to transfer money between regular cash and crypto. Lately, crypto prices have swung up and down a lot. This has people wondering if Tether is a safe place to put their money...
Bitcoin Price Prediction as Global Markets React to Iranian President’s Helicopter Crash – Potential for War?
20.5.2024
As geopolitical tensions rise after the Iranian President's helicopter crash, Bitcoin rebounds, reaching an intraday high of $67,600 on safe-haven demand.
The post Bitcoin Price Prediction as Global Markets React to Iranian President’s Helicopter Crash – Potential for War? appeared first...
Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes
7.5.2024
Amid a cooling U.S. economy and potential Fed rate reductions, Bitcoin's price spikes to $64,000, highlighting its safe-haven appeal.
The post Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes appeared first on Cryptonews
Meme coin bubble burst? Cardano could be the safe haven
15.2.2024
In the last year, the crypto market witnessed a massive drop in the investment rate and market cap of multiple meme coins including Dogecoin, and Shiba Inu. Meme coins were created on the base of viral funny memes featuring popular animals and under the influence of celebrities. However, recently...
Bitcoin Price Prediction: BTC Surges, Outshining Gold in 2023 Rally
10.12.2023
Bitcoin (BTC), the flagship cryptocurrency, is currently trading at $43,850, marking a slight decrease of nearly 0.50% on Sunday. Despite this minor dip, Bitcoin’s performance this year has been nothing short of stellar, outshining traditional safe-haven assets like gold. In 2023, Bitcoin...
A closer look at Bitcoin, the safe-haven of cryptocurrencies
3.11.2023
Global financial conditions have been surrounded by uncertainty for a while now. Given the ongoing economic condition, traders tend to stay away from volatile assets like cryptocurrencies. However, the stability of Bitcoin (BTC) flipped the scenario on its head. Throughout 2023, Bitcoin...
Bitcoin’s Safe Haven Status Bolstered by Treasury Underperformance, Mohamed El-Erian Says
1.11.2023
"You have people talking about bitcoins, about equity, being the safe asset," El-Erian told CNBC
Biggest Crypto Gainers Today on DEXTools – SIFY, FTX, SOLANA
26.10.2023
The latest strong-then-expected US GDP numbers for Q3, which also pointed at higher-than-expected inflation last quarter, have done little to impact cryptocurrency markets on Thursday, where the focus primarily remains on bullish narratives such as institutional adoption (with spot Bitcoin ETFs...
Biggest Movers: SHIB Hits 4-Month Low, as Red Wave Washes Over Crypto
9.10.2023
Shiba inu was a notable mover on Monday, as the meme coin fell by as much as 5% to start the week. Today’s decline comes as traders moved away from high-risk assets, in favor of safe-havens like gold. XRP also dropped in today’s session, hitting a three-week low in the process. Shiba...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets
9.10.2023
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional safe-haven assets....
Bitcoin Enters ‘Quiet Bull Market’ as Safe Haven from Bond Market Turmoil, Analyst Says
5.10.2023
Investment research firm ByteTree upgraded bitcoin’s price outlook to “bull” from “neutral” as the crypto benefits as a “safe haven” amid an equity and bond sell-off
Stablecoin exodus: Why are investors fleeing crypto’s safe haven?
22.9.2023
Stablecoins have seen a 17-month decline as investors move to traditional assets. What needs to happen for the exodus to stop?
Market meltdown: Borroe stands out as a safe haven
2.9.2023
Borroe ($ROE), a recent entrant in the cryptocurrency sphere, aims to revolutionize the Web3 sector. It offers an innovative approach to financing that simplifies project and business funding. As the cryptocurrency market faces threats of a severe meltdown, Borroe has stood its ground as a haven...