Bitcoin, gold and silver are in a strong bull market: Veteran trader explains why
1971 Capital chief investment officer Brian Russ says Ethereum is undervalued and that Bitcoin, gold and silver are in a long bull market. Go to Source
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‘Buying the top forever’ — MicroStrategy bags 21.5K Bitcoin at peak prices
MicroStrategy keeps stacking Bitcoin despite BTC hitting all-time high prices, with its co-founder Michael Saylor confident that his company will still buy it at $1 million per coin. Go to Source
El Salvador plans Bitcoin policy changes to secure $1.3B IMF loan — FT
El Salvador reportedly expects to reach an agreement with the IMF on a $1.3 billion loan deal in return for changes in its Bitcoin Law. Go to Source
Russian Oil Chief Warns Gold Will Be US Dollar’s Biggest Rival
Gold is emerging as a rival to the U.S. dollar in global trade, with sanctions driving change, according to a top Russian energy executive. Gold vs Dollar: The Ancient Rival Poised to Rewrite Global Settlements Igor Sechin, CEO of Rosneft, Russia’s largest state-owned oil company, highlighted the growing potential of gold as a rival to … Read more
Bitcoin ‘still in early innings’ at $100K —ARK’s Cathie Wood
Bitcoin became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value. Go to Source
Bukele Aims to Tap Into the Massive Potential of Salvadoran Gold Reserves
Salvadoran President Nayib Bukele recently highlighted the size and significance of the country’s natural gold reserves and how they can be used to improve the quality of life for Salvadorans. President Nayib Bukele Defies Mining Ban Law, Aims to Take Advantage of Salvadoran Gold Reserves El Salvador might be close to taking advantage of its … Read more
Analysts: Gold Transactions Fuel Russian Shadow Trading Payments
Gold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third of the country’s reserves, could be key in sidestepping the current trade difficulties originated by economic sanctions. “While it’s unclear how much of a role gold plays in Russia’s … Read more
China Unearths Massive Gold Veins That Could Reshape Global Markets
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been discovered in Hunan Province, central China, as confirmed by the … Read more
Texas’ gold-backed coin aims to help Bitcoin adoption, says lawmaker
The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day. Go to Source
Bitcoin breakout or black swan? $90K BTC price lacks gold, stocks high
Bitcoin bulls have sealed BTC price all-time highs in US dollar terms but have yet to match macro asset records from 2021. Go to Source