Veteran trader Peter Brandt is thinking about selling some of his Bitcoin holdings to invest in gold, based on a technical breakout in the gold-to-Bitcoin (XAU/BTC) ratio chart. This ratio measures how much Bitcoin one ounce of gold can buy, and Brandt sees it rising, indicating gold may outperform Bitcoin in this cycle. However, some analysts disagree, arguing Bitcoin's current weakness is due to capital flowing into AI sectors, not gold, and that Bitcoin could rebound strongly. The debate highlights differing views on the future performance of these two popular store-of-value assets.
XRP and Bitcoin prices rallied this week, with Bitcoin briefly topping $63,000 and XRP gaining nearly 10%, driven by softer US jobs data easing inflation concerns and boosting risk appetite. The progress of the CLARITY Act, which aims to clarify cryp...
Autheo has introduced a new decentralized Internet Operating System designed to support AI agents and coordinate blockchain transactions. This system aims to enhance the efficiency and interoperability of AI-driven processes and blockchain activities...
Legendary trader Peter Brandt is considering selling part of his Bitcoin holdings to invest in gold, predicting that gold will soon outperform Bitcoin. He points to technical patterns suggesting a reversal in the Bitcoin-to-gold ratio, with gold gain...
Crypto markets ended last week bearish, with Bitcoin down 14% and Ethereum 26.6% in Q2. Spot Bitcoin ETFs experienced $4.51 billion in outflows in June, the worst since their 2024 launch, reflecting weak investor confidence. Despite this, Bitcoin bri...
Bitcoin briefly surged above $63,000 during thin U.S. holiday trading, driven by low liquidity rather than strong market conviction. This bounce follows a tough June marked by $4.5 billion in net ETF outflows and significant long liquidations. For th...
