Central banks aren’t buying it. Billionaire investor Ray Dalio doesn’t trust it as a safe haven. And Bitcoin is trading 44% below its October peak while gold sits near all-time highs. That’s the backdrop against which Bitwise Asset Management’s chief investment officer is making the case that Bitcoin could still reach $1 million a coin…
View More Bitcoin Down 44% From Its Peak, But Bitwise Still Sees A Path To $1 MillionTag: Precious Metals
Crypto Funds Bleed $1.80 Billion As Metals Rally Heats Up
Investors stepped back this week as a mix of shifting bets and quick profit-taking pushed money out of spot crypto ETFs. Markets moved fast, and some of the biggest swings were driven by short-term reactions rather than a change in long-term views. Spot Crypto ETF Flows Based on reports from Farside, US-based spot Bitcoin ETFs…
View More Crypto Funds Bleed $1.80 Billion As Metals Rally Heats UpBitcoin’s Slide To $82K Sets Off A $1.7 Billion Chain Reaction
Bitcoin slid sharply this week, hitting just above $82,000 in early US trading and triggering a wide purge of crowded positions. Based on data from Coinglass, roughly 270,000 accounts were wiped out across exchanges in the past day, and close to $1.70 billion in total liquidations was recorded. Many of the losses came from traders…
View More Bitcoin’s Slide To $82K Sets Off A $1.7 Billion Chain Reaction
Gold Becomes The Whale Safe Haven As Bitcoin Takes A Back Seat
A large investor shifted funds into tokenized gold this week, and Bitcoin felt the impact. Prices dipped while a whale quietly bought millions in XAUT, a gold-backed token, signaling a short-term move toward traditional hedges. Whales Move Into Tokenized Gold According to on-chain trackers, one address moved $1.53 million in USDC into Hyperliquid to buy…
View More Gold Becomes The Whale Safe Haven As Bitcoin Takes A Back Seat
XRP Ledger May Get A Tokenized Gold Upgrade, Web3 Founder Reveals
Tokenized gold is getting fresh attention in the XRP community, and some voices are saying the technology is ready. According to posts from XRPL developers and industry figures, the ledger can support 24/7 access, quick transfers, and integration with automated market makers. Meld Gold is cited as a concrete step: reports have disclosed that Meld…
View More XRP Ledger May Get A Tokenized Gold Upgrade, Web3 Founder Reveals