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Jan Nieuwenhuijs, a gold market analyst, has raised concerns about the rise in the People’s Bank of China (PBOC) secret gold purchase operations. He believes the bank has accumulated over 100 tonnes of gold through unreported London gold imports during Q4 2024. Golden Chase: China Has Secretly Scooped Up Over 100 Tonnes of Gold in … Read more
Galaxy Research predicts a bullish year for Bitcoin in 2025, projecting prices to surpass $150,000 and potentially reach $185,000 in Q4. Bitcoin Market Cap to Reach 20% of Gold’s Galaxy Research, an arm of the digital asset management firm Galaxy, projects bitcoin (BTC) to surpass $150,000 in the first half of 2025 and may even … Read more
On Monday, the Legislative Assembly of El Salvador approved a new metallic mining law, opening the door for gold exploitation in the country. The change, previously hinted at by President Nayib Bukele, was met with criticism from environmental activists, who believe this will negatively affect the country. With New Mining Law, El Salvador Stakes Claim … Read more
Canadian-based gold tokenization firm Matador Technologies wants to diversify away from Canadian dollars and is adding Bitcoin to its balance sheet. Go to Source
A gold-backed digital currency from BRICS could reshape global trade by lowering transaction costs and reducing exchange rate volatility, challenging the U.S. dollar’s dominance. Brics Gold-Backed Digital Currency Could Shift Global Trade Dynamics BRICS nations have shown interest in the possibility of developing a gold-backed digital currency as part of efforts to reduce reliance on … Read more
On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time. Go to Source
The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the Bitcoin price peaked above $106,000 on Dec. 16. Go to Source
Florida’s Chief Financial Officer (CFO) Jimmy Patronis has announced an ambitious initiative to assess the viability of using gold and silver bullion as legal tender in the Sunshine State. Florida’s Golden Shield: Fighting Inflation and CBDCs With Precious Metals According to the state’s CFO, Jimmy Patronis, the study, led by the Florida Department of Financial … Read more
Bitwise has predicted that in 2025, Bitcoin could hit $500,000, Coinbase will enter the S&P 500 and AI agents will drive the next “memecoin mania.” Go to Source
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets. Go to Source