Gold Buys Hit New Highs — Is Bitcoin About To Join The Party?
Reports have disclosed that central banks around the globe have stepped up purchases of gold this year, with one month standing out. In October 2025, officials bought 53 tons of gold, a level that analysts say is the highest monthly demand seen this year. These moves reflect growing concern about inflation, weaker currencies and rising […]
Related News
One analyst says Bitcoin is "eating" the precious metal as gold bugs scramble to find support amid repeated new all-time highs. Bitcoin (BTC) is now worth more in gold than at any time in its history as the largest cryptocurrency passes $50,000.Data noted by markets commentator Holger Zschaepitz on Feb. 17 confirms that one ounce of gold now buys just 0.0352 BTC.XAU/BTC plumbs new depthsSince hitting new all-time highs on Wednesday, the price of gold in Bitcoin terms became even cheaper, with one ounce costing $1,794 or 0.0349 BTC at the time of writing."Bitcoin is eating gold in one....
Gold disappoints on practically every timeframe while heading back toward all-time lows in BTC terms. Bitcoin (BTC) proponents continue to poke fun at gold bugs as the precious metal’s 10-year returns flip negative.As of Tuesday, fresh data shows tha XAU/USD traded 3.7% lower than it did on the same day in 2011.Gold fails to impress — On any timeframeXAU/USD 1-month candle chart. Source: TradingViewIt’s been a bad week for gold and its investors — a sharp fall on Monday has consolidated losses that have characterized much of 2021.Starting the year at $1,941, XAU/USD was down to $1,729 at....
Chasing Casascius is a photobook and that uses bitcoin and associated terminology in its story about a “Block Explorer” seeking an “orphaned block” depicted as a Casascius Gold Plated Bar. Casascius Gold Plated Bars are rare physical bitcoins created by Mike Caldwell. Purchasers of the book are entered into a third party raffle for the gold plated bar.....
Last year, the Winklevoss twins predicted that Bitcoin is set to become Gold 2.0, right now it's starting to look as if they might well be right. Every day, according to estimates, around £220bn of gold changes hands in London. The gold price has been set since 1919 by the London Gold Fix. but, of late, the gold fix mechanism has been somewhat losing its luster. There have been growing concerns that the London Gold Market Fixing Limited, which is owned by Barclays, HSBC, Société Générale and Scotiabank, may have been manipulating, or at the very least allowing the gold price to be....
As Bitcoin continues to trade sideways, gold has quietly stolen the spotlight, surging to new all-time highs as investors flock to safety amid global economic uncertainty. The move underscores a widening divergence between traditional and digital stores of value, raising questions about BTC’s role as digital gold in a macro environment that should favor both. […]