What happens when we drill down into the value of gold and bitcoin to find the evolutionary link? Is there some kind of Darwinian blockchain at work? You bet!
Tether introduces Scudo, a new unit equal to 1/1000th troy ounce of gold, enabling easier fractional XAUT transactions as gold maintains record highs above $4,400.
According to a prominent analyst, gold is overvalued related to Bitcoin, but Glassnode said that BTC price action lacks strength.
Former Binance CEO Changpeng Zhao has made a soft jab at gold advocate Peter Schiff about the verifiability of the asset.
Gold surpasses $30 trillion valuation, trading above $4,350/oz and extending its 2025 gains to over 60%, widening its gap further with Bitcoin.
Gold reached a fresh record of $4,218 per ounce on October 15, while crypto whales purchased over $30 million in XAUt tokenized gold following Bitcoin’s crash.
After staying silent on Bitcoin for a while, Elon Musk has finally endorsed the leading cryptocurrency in the eyes of the public.
Kiyosaki praised Trump’s decision to include crypto in 401(k) plans, vowing to expand his investments in Bitcoin, Ethereum, and other hard assets.
Citadel CEO Ken Griffin highlighted that investors are increasingly moving capital into Bitcoin, gold, and silver as the US dollar loses value.
Gold reached its highest inflation-adjusted price since the 1980s at over $3,610 per ounce, while Bitcoin trades around $114,600. Both assets are gaining from expectations of Federal Reserve interest rate cuts and ongoing inflation concerns.
Gold has long been considered the ultimate store of value, but as digital innovation transforms traditional assets, investors question if tokenized gold will be the future of investing.
Gold continues to prove itself as a strong store of value, Bitcoin is struggling to gather momentum.
Robinhood plans to introduce futures trading for diverse assets including Bitcoin, commodities, and forex, marking a significant expansion of its platform offerings.
Expert analysts believe that the present economic situation has left investors looking for better ways to protect their wealth.
Inflation hedges, such as gold, have emerged as a more attractive option for diversification along with Bitcoin which is nor preparing for a mega rally in Q4.
Amid the global market uncertainty, Bitcoin has given subpar returns during the last quarter and so, while Gold has seen a steady ascent.