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Bitcoin would need to hit $93K to flip Silver right now
20.5.2024
Silver’s market cap has risen to over $500 billion larger than Bitcoin, despite the cryptocurrency flipping the precious metal just two months ago
Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’
19.5.2024
Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or shock value. “It’s the result of rigorous analysis,” he clarified. This represents a significant increase from his previous estimate of $15,000 by 2026....
Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013
18.5.2024
This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than 11% against the U.S. dollar, surpassing gold’s 2.3% five-day gain. Silver reached $31 per troy ounce for the first time since February 2013. Silver Hits $31...
‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1
18.5.2024
Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Gold Trust units, a closed-end fund that...
‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1
18.5.2024
Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Gold Trust units, a closed-end fund that...
Tether, TON team up with mobile app for USDT-to-fiat transactions
16.5.2024
The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT
US Inflation Data Indicates Slight Cooling in April; Gold, Silver, and Cryptos Climb
15.5.2024
The latest report from the U.S. Labor Department’s Bureau of Labor Statistics reveals that the consumer price index (CPI) for April climbed by 0.3%. Over the last 12 months, the CPI increased by 3.4%, primarily driven by higher costs for shelter and gasoline. Relief Rally in Financial...
BlockDAG promises the next big win: Office worker strikes gold with Solana, now aiming for a 30,000x ROI with BDAG
14.5.2024
Success stories like that of an office worker who turned a desperate investment in Solana into over $20,000 are truly inspiring. BlockDAG, a newcomer in the blockchain arena, aims to offer similar opportunities. Highlighting a remarkable potential for a 30,000x return on investment, this...
Peter Schiff: Gold, Silver ‘Ready to Explode Higher’ — Sees ‘Biggest Precious Metals Bull Market in History’
11.5.2024
Gold advocate and economist Peter Schiff has predicted an explosive rise in gold and silver prices. While encouraging investors to “Take advantage of what could be the biggest precious metals bull market in history,” Schiff calls bitcoin “dead money,” expecting outflows from...
Analyst Heralds Multi-Year Bull Market For Gold: $8,000 per Ounce at Play
9.5.2024
Jan Nieuwenhuijs, a gold market analyst, has predicted a new multi-year bull market for gold. According to different factors, including the low percentage of gold as part of the global international reserves, and the size of the equity market, gold prices might be preparing to rise, putting prices...
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer
7.5.2024
In a recent interview on Bloomberg Television, Steve Eisman of Neuberger Berman, who gained prominence from “The Big Short,” shared insights on the impending U.S. election and his investment strategies. Eisman identified three significant current themes, including cryptocurrency...
Analysts: Gold Rush In China Is Propping Prices Up
6.5.2024
The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S....
Analyst: Gold and Silver Set to Rally Amidst a Collapse of the US Financial System
3.5.2024
Egon von Greyerz, a former banker and gold analyst, claims that gold and silver are set for a price rally amidst an upcoming collapse of the U.S. financial system. Von Greyerz states that interest rates will exceed 10% in a hyperinflationary environment, fueled by the issuance of unlimited debt...
Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says
3.5.2024
Both equities and gold have been trading lower since reaching highs in mid-April, the report said
Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends
2.5.2024
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is expected to have a smaller impact because...
Former FTX Europe Head Sets Record with $1.5M Purchase of Titanic’s Richest Passenger’s Gold Pocket Watch
2.5.2024
Patrick Gruhn, the former head of FTX Europe, has acquired a gold pocket watch from the Titanic for nearly $1.5 million, marking the highest amount ever spent at auction on a piece of Titanic memorabilia.
The post Former FTX Europe Head Sets Record with $1.5M Purchase of Titanic’s Richest...
Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ
2.5.2024
Patrick Gruhn, the former head of FTX Europe, has paid nearly $1.5 million for a gold pocket watch recovered from the body of the Titanic’s richest passenger, The Wall Street Journal has reported
Peter Schiff Declares Bitcoin in Bear Market Amid US Economy’s Stagflation Reality
2.5.2024
Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect...
Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold
1.5.2024
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits
Restaking 'Gold Rush' Spreads to Solana From Ethereum, With Jito and Others Joining In
1.5.2024
Restaking has taken hold of the Ethereum ecosystem. With Jito and a handful of other companies building for Solana, can the trend spread?