BitcoinThe safe harbor story that does not make his mythical status, according to JP Morgan, where investors prefer to put their money …
gold
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Finance
Gold Soars, Tech Futures Tumble as U.S. Hits China With Higher Tariffs
by shayaanby shayaanGlobal markets are again under pressure following an escalation in U.S.–China trade tensions, with investors fleeing to havens and tech stocks taking …
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Markets
Crypto Daybook Americas: Bitcoin Loses Allure to Gold as Economic Concerns Rise
by shayaanby shayaanBy Francisco Rodrigues (All times ET unless indicated otherwise) President Donald Trump’s “reciprocal tariffs” announcement earlier this month drove the economic trade …
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Mining
HPC Gold Rush Continues: Bitcoin Miner Bit Digital Secures Québec Site for Tier 3 Data Center
by shayaanby shayaanBit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center …
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Markets
Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market
by shayaanby shayaanAs traditional gold markets heat up, crypto investors are following suit—flocking to tokenized versions of the precious metal that offer both price …
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Markets
Gold and Bonds' Safe Haven Allure May be Fading With Bitcoin Emergence
by shayaanby shayaanThe idea of “safe haven” assets—traditionally marked by gold and government bonds—amid market turmoil, is being tested like never before. For decades, …
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Bloomberg’s senior commodity strategist, Mike McGlone, is back in the spotlight with another bold take on the markets. After previously warning that …
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Finance
More Brazilians Invest in Cryptocurrency Than in Dollars, Gold and Stocks
by shayaanby shayaanThe survey, commissioned by Coinbase and Hashdex, found that while savings accounts were Brazil’s most used investment instrument, cryptocurrency was more popular …
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Markets
Crypto Daybook Americas: Altcoins Slide, Gold Shines as Trump Tariffs Spur Flight to Safety
by shayaanby shayaanBy Francisco Rodrigues (All times ET unless indicated otherwise) The crypto market is extending yesterday’s slide as investors anticipate the impact of …
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Adoption
Fidelity says Bitcoin could potentially overtake gold, echoing Saylor’s absorption theory
by shayaanby shayaanFidelity Investments director of global macro Jurrien Timmer believes that Bitcoin (BTC) has a “possible” path to surpassing gold in market value …