Gold

King Dollar Falls, Bitcoin Marches Toward Sound Money Highs

Bitcoin’s BTC$106,546.31 dollar high succumbed on Thursday as the largest cryptocurrency rose past $111,800, a remarkable 50% gain from its April low near $75,000, but when measured against traditional stores of value like gold and silver, BTC …

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Ether Surges 8%, Bitcoin Nears $106K as Crypto Bulls Take Charge

Crypto markets extended their climb with ether (ETH) jumping 8% and bitcoin (BTC) inching back toward the $106,000 mark in the past 24 hours, despite broader risk-off sentiment in equities and gold. The resilience is in contrast to Friday’s surprise …

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Bitcoin’s Bull Run Against Gold Could Accelerate as U.S.-China Trade Tensions Ease: Chart Analysis

Over the past two weeks, bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further. This outlook is supported by bullish developments in the bitcoin-to-gold ratio, which measures BTC’s USD price against …

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BlackRock’s Spot Bitcoin ETF Tops World’s Largest Gold Fund in Inflows This Year

The price of gold has surged almost 29% this year, solidly beating the 3.8% gain in bitcoin (BTC). Even so, that’s failed to deter investors eager to add the largest cryptocurrency to their portfolios. BlackRock’s spot bitcoin ETF (IBIT) has …

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Kyrgyzstan’s Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3

Central Asian country Kyrgyzstan plans to debut the Gold Dollar, or USDKG, the gold-backed stablecoin pegged 1:1 with the U.S. dollar in the third quarter, project’s advisor Gabriel Guerra told CoinDesk at the Token2049 conference in Dubai. The …

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Gold-Backed Crypto Minting Volume Hits 3-Year High as Central Bank Buying Drops

The gold market is seeing a shift in activity, with central bank buying slowing and demand from exchange-traded funds and gold-backed cryptocurrencies growing. The latter recently moved to a three-year high, as measured by the net minting volume for …

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Gold Continues Correcting and That Might Be Good for Bitcoin

What may or may not have been a blow-off top last week in the price of gold appears to have benefitted bitcoin (BTC) and that trend could be set to continue. Already among the best-performing küresel assets in recent months, gold’s rally powered to …

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Tether’s $770M XAUT Backed by 7.7 Tons of Gold in Swiss Vault, Says Company

Tether’s gold-backed stablecoin, Tether Gold (XAUT), reached a $770 million market capitalization as of April 28, according to the company’s first attestation under El Salvador’s financial regulations. “While central banks are stacking up …

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Bitcoin Turns Positive Year-to-Date as It Veers Toward Digital Gold Narrative

Bitcoin (BTC) returned to positive territory for the year for the first time in almost two months, approaching $95,000 and erasing a drop of as much as 18%. Its current performance, up less 1.5% since Dec. 31, places it between gold, which has gained …

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With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington and Beijing would take years to ink out. Bitcoin (BTC) is up 2.6% in the last 24 hours and 12.2% in …

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