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Bitcoin’s Correlation With US Stock Markets Reaches 2-Year High, What Does This Mean for BTC?

Bitcoin’s correlation with Wall Street has been climbing for the past several months and, earlier this week, hit a multi-year peak. This comes at an intriguing time since a few…

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Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty

In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the…

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Bitcoin’s Correlation With Gold Reaches 5-Month Peak, But What About Ethereum?

Bitcoin’s correlation with one of the oldest and arguably the safest investment instruments, gold, has risen to a five-month peak, according to data from IntoTheBlock. At the same time, Ethereum’s…

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Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation

Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to…

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UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are…

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Peter Schiff: Gold Set for Best Year Since 1979 — ‘Investors Haven’t Noticed Bull Market’

Economist and gold advocate Peter Schiff says gold is “set to have its best year since 1979 when it rose 126%.” He highlighted that gold is up over $540 so…

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Robert Kiyosaki Predicts Bitcoin Could Hit $500K by 2025, $1M by 2030

Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced…

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Gold Hit New ATH on Friday, Bitcoin Did Not: Which Has Performed Better in 2024?

The precious metal has had a highly impressive year, having surged by about 27% and tapping a new all-time high just on Friday. However, does this impressive YTD increase mean…

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Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts…

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