Standard gold bars for international trade weigh 400 ounces, worth about $1.3 million. AFP via Getty Images Goldman Sachs sees gold as a far better hedge against a collapsing dollar than bitcoin. Over the past few decades, when U.S. interest rates rose, investors would tend to sell gold and buy U.S. Treasuries, seeking higher yields.…
14h09 ▪ 5 min read ▪ by Eddy S. What if bitcoin became the new pillar of global finance? According to Bitwise, the trajectory is underway. The crypto index manager anticipates an unprecedented wave of investments: up to $420 billion by 2026. A projection that marks a strategic turning point for high net worth individuals,…
Macro investor Luke Gromen says that gold and Bitcoin (BTC) will likely trend upwards until a critical turning point. In a new interview on the Less Noise More Signal YouTube channel, Gromen says if the US brings in capital controls as a way to sustain its trade war, the dollar’s world reserve status could be…
With a market cap of $8.45 billion, Shiba Inu (SHIB) now ranks 16 among the largest cryptocurrencies by CoinMarketCap, surpassing Bitcoin Cash (BCH), which follows closely behind with a market value of $8.24 billion. It’s a small difference, and yet it’s another moment where a meme coin has beaten out a more traditional project. Despite its price…
Short-term Bitcoin holders are making profits close to $94,500, indicating a possible market peak and decline. Bitcoin now consolidating at $107,500 after reaching a peak at $112,000. Realized value for long-term holders is $33,000; BTC surpasses altcoins by more than 30% from the peak in 2021. Bitcoin recently hit a record all-time high at about…
Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report by local news outlet 24NewsHD TV Channel. In the first…
The level of Bitcoin mining energy consumption is on par with that of some countries. This statement is often mentioned as one of Bitcoin’s main drawbacks, as consumption takes its toll on the environment. However, Bitcoin advocates argue that things are not that simple, and in some ways, Bitcoin is an eco-friendly technology. How come,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has officially broken into uncharted territory, surging past its all-time high and setting a new record price. The crypto king continues defying expectations, with strong momentum pushing BTC to historic levels. Fueled by institutional demand, retail excitement, and favorable macro trends,…
In a groundbreaking move to transform Pakistan into a global leader in digital innovation, the government has announced the allocation of 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power Bitcoin mining and artificial intelligence (AI) data centres. The government recently decided to legalise cryptocurrency to lure international investment…
Bitcoin price action Bitcoin price predictions Dogecoin co-founder Billy Markus, also known as “Shibetoshi Nakamoto” on X, has reacted to the wave of bold Bitcoin forecasts flooding the crypto media landscape. In a recent tweet, the Dogecoin co-founder poked fun at exaggerated predictions: “Crypto article headlines be like: (random guy no one has heard of)…