Tag: Gold

Billionaire Thomas Kaplan predicts new highs for gold as it reclaims $5K

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Billionaire investor Thomas Kaplan remains resolute in his bullish stance on gold and silver, despite the metals’ historic correction in late January. In a recent interview with Business Insider, Kaplan said he expects gold to break past last month’s record of $5,600, calling the recent plunge a short-term event in a long-term structural uptrend. Gold and silver both posted new all-time highs in late January, with gold touching $5,560 and silver surging past $120. But prices swiftly collapsed during the Jan. 30 market selloff, with gold dropping as low as…

Joshua Lim: Bitcoin’s divergence from gold is causing market instability, retail interest will drive price movements, and quantum computing poses risks for institutional investors

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Market resilience and retail interest could reshape the future of Bitcoin and crypto investments. Key takeaways Current crypto price levels are significantly lower compared to previous highs. The resilience of risk assets will dictate future crypto market performance. Bitcoin’s divergence from gold is causing market instability. Bitcoin is experiencing downward trends while other risk assets rise. The market is currently driven by capital flows rather than fundamental catalysts. Quantum computing concerns are impacting Bitcoin’s appeal to institutional investors. The crypto market is expected to remain range-bound this year. Market structure…

Tether Invests $150M in Gold.com to expand gold tokenization

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The investment arm of stablecoin issuer Tether has acquired a $150 million stake in the precious metals platform Gold.com to expand access to tokenized gold. Tether said on Thursday that it acquired an approximately 12% stake in the company, which will integrate Tether Gold (XAUt), its gold-backed cryptocurrency, into Gold.com’s platform. Source: Tether Gold.com is a publicly listed online marketplace that sells gold and other precious metals, such as silver and platinum, to several markets, including the US. “Gold has played a central role in preserving value for centuries, particularly…

Silver, gold tumble as stronger dollar hits precious metals

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Spot silver plunged below $75 per ounce, down 15% in Asian trading on Thursday, while gold fell 2% to $4,852 as a stronger US dollar weighed on precious metals. The US dollar’s strength, with the index now near 98, is driving down demand for precious metals among international buyers. The sharp drop extends a volatile stretch for silver, which reached highs near $120 per ounce last month before entering a steep correction. Over a three-day period in early February, prices fell by more than 35%. Market volatility intensified after Kevin…

Steve Sosnick: Bitcoin’s volatility hinders its role as a safe haven, gold outperforms during downturns, and digital asset treasury companies may be overvalued

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Bitcoin’s rising volatility challenges its role as a safe haven compared to traditional assets like gold. Key takeaways Bitcoin’s status has shifted to a risk asset, performing well during monetary accommodation periods. Its volatility needs to align more closely with traditional currencies for broader acceptance. The crypto market must reassess its position amidst rising demand for traditional safe havens like gold. Precious metals are increasingly sought after as safe havens, with yields on treasuries and bonds rising. Bitcoin’s perception as a risk asset is influenced by its success with ETF…

Mike Cagney: Bitcoin’s stability rivals gold and silver, Tether’s shift to gold signals market confidence, and DeFi is reshaping trading dynamics

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Shifting capital from crypto to precious metals highlights Bitcoin’s evolving role in the investment landscape. Key takeaways Bitcoin is being compared to gold and silver in terms of market behavior, indicating its stability and potential growth. Tether’s decision to hold gold instead of fiat suggests a belief in gold’s superior returns. Gold’s value could be significantly higher if aligned with overall monetary aggregates. China’s preference for silver over gold reflects cultural and economic influences. The silver to gold ratio is expected to decrease, indicating potential gains for silver. Capital is…

Bitcoin Lacks Strength for $80K Retest as Gold, Silver Edge Higher

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Bitcoin (BTC) returned to range-bound moves on Tuesday as gold returned near the key $5,000 mark. Key points: Bitcoin trades sideways as gold and silver attempt to reclaim prior losses. Analysis remains split over how the Bitcoin versus gold relationship will play out next. Bitwise CIO says that the latest “crypto winter” is closer to over. $80,000 Bitcoin price stays out of reach Data from TradingView showed BTC price action shying away from a retest of $80,000, now functioning as resistance. BTC/USD one-hour chart. Source: Cointelegraph/TradingView BTC/USD displayed familiar indecisiveness…

Tether integrates USDT and Tether Gold into Opera’s MiniPay wallet

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Tether has integrated USDT and Tether Gold (XAUt0) into MiniPay, Opera’s stablecoin wallet, aiming to help millions in emerging markets access stable, dollar- and gold-backed value, the companies announced Monday. With USDT’s $186 billion market cap, users can send, receive, and hold digital dollars without blockchain complexity, Tether stated. Meanwhile, Tether Gold offers a gold-backed, inflation-resistant savings option. Built on the Celo blockchain, MiniPay’s mission is to bring fast, affordable, and user-friendly digital payments to millions of users across emerging markets. Starting in Africa, the wallet has expanded to over…

SOL Falls To $95 As Bitcoin, Gold, Silver Sell-off: What’s Next?

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Key takeaways: SOL fell to 2026 lows as tech sector layoffs and artificial intelligence revenue concerns hit markets. Despite the bleak environment, Solana outpaced competitors with network fees jumping 81%, securing its vice-leadership. Solana’s native token, SOL (SOL), traded down to $100.30 on Saturday, reaching its lowest levels since April 2025. While the 18% price correction over 30 days took traders by surprise, the movement largely mirrored broader altcoin market capitalization trends. A 26% crash in silver prices on Friday further prompted cryptocurrency traders to brace for additional downside. SOL/USD…

Gold Takes the Lead as Dollar Slides, BTC Recast as Companion

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Bitcoin (BTC) has long been promoted by its most ardent supporters as a hedge against monetary debasement, but as the US dollar slides to multi-year lows, the market’s clearest flight to safety is emerging elsewhere: in gold. Over the past year, investors have rediscovered the precious metal through both traditional channels and blockchain rails. Tokenized gold products like XAUt are gaining traction alongside spot prices, offering digital-native exposure to a centuries-old safe haven as inflation concerns and currency stress intensify. Bitcoin is still very much in the picture, though increasingly…