Polymarket Sparks Debate with Bets on Fort Knox Audit as Gold Reserve Controversy Grows
As speculation intensifies over the integrity of U.S. gold reserves, Polymarket has launched two high-stakes prediction markets, fueling a broader debate on transparency in national asset holdings.
El Salvador Considers Bitcoin Policy Revisions to Secure $1.3 Billion IMF Loan
El Salvador, the first nation to adopt Bitcoin as legal tender, is reportedly negotiating changes to its Bitcoin policies in exchange for a $1.3 billion loan from the International Monetary Fund (IMF). According to a Dec. 9 report from the Financial Times, the agreement would require the Salvadoran government to ease the legal mandate for businesses to accept Bitcoin, making its use voluntary rather than compulsory.
Bitcoin Sets New High Against Gold
Bitcoin has recently shattered the $100,000 barrier, reaching an all-time high of $103,332.30 on December 4, 2024.
Lummis Proposes Strategic Bitcoin Reserve Funded by Gold Sales
Cynthia Lummis has unveiled a bold plan to fill the president-elect’s proposed strategic Bitcoin reserve—without adding a cent to the national deficit. The strategy? Sell off a portion of the Federal Reserve’s gold stash. In other words, sell the past, but the future.
Paul Tudor Jones is Long Gold, Long Bitcoin
Billionaire hedge fund manager Paul Tudor Jones is short bonds, and long Gold and Bitcoin. Sound the alarm!
Bitcoin vs. Stocks, Bonds, Gold, Silver, and Oil
Bitcoin is the best-performing asset of the last ten years. For early investors, this means an ROI of 100,000 percent in ten years. How has Bitcoin performed against other asset classes such as stocks, bonds, precious metals, and oil more recently?
Bitcoin’s drop shows no safe-haven status, gold not much better
As the Ukraine conflict began, Gold rallied and then faltered, while Bitcoin faltered and then rallied. Global markets continue to be unpredictably volatile. Will the real safe haven please stand up?
BTSE launches Gold Futures priced in Bitcoin
Traders on the multi-currency digital assets exchange and derivatives platform can now speculate on the performance of Bitcoin versus gold.
Research: How gold and bitcoin can adapt to a new paradigm
In a world going to negative interest rates and no cash many traditional safe havens are turned on their head. From billionaires buying farms and building bunkers in New Zealand to investing in fresh water, this report with Valiendero Digital Assets explores the new paradigm of value. Rather than make price predictions for either bitcoin or gold, this report explores what the function, rather than the form, of a 21st century safe haven should be.
Tether tokenizes gold on Ethereum and TRON
Stablecoin company Tether has announced the launch of a new gold-pegged stablecoin called Tether Gold. The tokenized gold coin will operate on both the Ethereum and TRON blockchain as an ERC-20 and a TRC-20 token, and represent one troy fine ounce of gold.
Bitcoin and gold jump after Trump strikes Iran
World markets were rattled on Friday. Gold, oil, and Bitcoin surged after top Iranian general Qasem Soleimani was struck by a U.S. drone at Iraq's Baghdad airport.
Bitcoin and gold: Risk versus resilience in the 21st century
When considering a safe-haven asset it is important to ascertain what we are protecting against. Known high-probability risks within a system, or low-probability high-consequence systemic risks that interconnected with other systems? Intelligent investors should consider the difference between risk and resilience, and look at the market from a systems perspective.
Paxos leads rush for regulated gold tokens
As unique assets with no ties to traditional fiat currency, gold and cryptocurrencies have several similarities. Now there’s an attempt to create a new form of sound money - gold-backed crypto tokens.
Bitcoin ETF delayed, again
The Securities and Exchange Commission (SEC) has again postponed its decision on three Bitcoin ETF proposals. However, the next deadline is October, when it must accept or reject two of the three proposals.
A perfect storm for Bitcoin?
Economic storm clouds have long been gathering on the horizon, and lightning struck this week with the Dow erasing two months of gains, and the Chinese yuan falling to a level not seen since 2008. With Bitcoin surging, is the digital currency turning into a safe-haven asset?
Ray Dalio and the paradigm shift to gold
Hedge Fund investor Ray Dalio says a paradigm shift is coming to the global markets, and he urges smart investors to buy gold. Is this a subliminal suggestion to also buy Bitcoin?