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Showing posts with the label gold

Bitcoin Plunges Below $105k, Liquidations Top $1B, Gold Hits All-Time High As “Extreme Fear” Grips Markets

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Bitcoin plunged below $105K and gold soared to another all-time high (ATH) as “extreme fear” grips the crypto market. The sell-off followed emerging loan issues at several US regional banks, raising concerns of broader systemic risks. US regional lenders Zions Bancorp and Western Alliance Bancorp disclosed that they were victims of fraud on loans to funds that invest in distressed commercial mortgages. This followed a loan blowup at subprime auto lender Tricolor Holdings and the collapse of First Brands Group, which owed over $10 billion to some of the biggest Wall Street banks. US President Donald Trump add to the downbeat mood when he confirmed that there is a trade war with China.  The Crypto Fear & Greed Index plummeted six points into “extreme fear’ territory with a reading of 22. That’s down from 64 last week, when there was still “greed” in the market.  Crypto Fear & Greed Index (Source: alternative.me ) Cry...

Bitcoin Has Taken Gold’s Role In Today’s World, Eric Trump Says

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Arthur Hayes Predicts The Start Of Altcoin Season & Its Sooner Than You Think

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Arthur Hayes, the former CEO of BitMEX, has again made headlines, this time for his opinion on the start of the highly anticipated altcoin season. Bitcoin is currently sitting at $105K, basking in the bullish momentum ushered in by the passing of the Genius Act, which solidifies crypto innovation into the mainstream. Hayes has come up with a new prediction, sharing the precise numbers as well as when the markets could potentially experience the beginning of the alt season. Also Read: Goldman Sachs: MAG7 Hits 7-Year Low Amid AI, Trade & Antitrust Fears Hayes and His Latest Alt Season Theory Source: CryptoSlate In his recent interview with Fortune, Hayes was noted sharing details on when he believes the alt season could finally commence. When asked about when the alt season can possibly begin, Hayes responded it will begin as soon as Bitcoin soars above $110K. He later shared how the altcoin season will begin shortly when BTC’s increasing volumes reach $150 to 200K. “I think Bitcoin ...

Trend Forecaster Gerald Celente says ‘Trump is all in on Bitcoin,’ talks Gold and Nvidia

Bitcoin‘s (BTC) rally past $103,000 is drawing renewed attention from investors, and veteran trends forecaster Gerald Celente is doubling down on his long-standing bullish position. In a recent YouTube broadcast, Celente, the founder of The Trends Journal , emphasized that the surge is being fueled not just by technical momentum, but also by deepening political alignment.  “Everyone knows that we’ve been bullish on Bitcoin because the Trump team is all in the Bitcoin cryptocurrency field,” he said. “The prices are going to go up. All they’re interested in doing is making money.” Bitcoin is currently trading at $103,513, up 23% in the last month and more than 50% over the past year. The breakout past the six-figure threshold is not just a psychological milestone, it also signals broader macro conviction in Bitcoin’s role as a store of value, especially as global markets reassess risk and policy direction. Earlier this year, Celente pointed to the ...

Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy

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'US Dollar Set to Free Fall', Schiff Reveals Only Way Out

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The US dollar collapse is happening right now, according to economist Peter Schiff’s recent and rather alarming warnings. His assessment highlights some pretty serious concerns about America’s financial stability in the midst of increasing market volatility and, well, the dollar’s gradually weakening position in global markets. Also Read: US Banks Can Now Custody Customer Crypto, OCC Says Schiff’s Insight on US Dollar Collapse, Market Volatility, and Security Risks Source: Watcher Guru Fed Policy Dilemma On May 6, Schiff shared his rather stark US dollar collapse prediction through social media platform X, and his message was certainly not reassuring for investors worried about security risks. Schiff stated: “The U.S. dollar is about to free fall and gold will soar to heights few can imagine. The only way to end America’s massive trade imbalance is to end the dollar’s role as the global reserve currency.” The U.S. dollar is about to free f...

Bitcoin Outshines Gold By Over 13,000% — ‘Let The Numbers Speak’, Expert Says

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India & China Are Banking Hard On Gold, Ditching Treasury Bonds, Data Shows 

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India and China, two of the world’s leading nations and prospering economies, are now doubling down on gold. Over the past few years, both nations have been noted for diversifying their holdings in the yellow metal specifically, showing a new pattern of adoption when it comes to embodying skilled asset management. Also Read: XRP Price Struggles Below $2.2—What’s Next for the Week Ahead? India And China Are Doubling Down On Gold Source: Pexels Per a recent post by the Kobeissi Letter, India has managed to amp up its gold reserves to a new high. Per KL, India’s gold reserves are currently valued at $70.9 billion. Over the last 10 years, India has been closely following a pattern of diversifying its assets into gold all while reducing its dependence on US Treasury bonds. China, on the other hand, is also following a similar pattern. The KL post outlined how China has also been showing rising interest in the precious asset and has been accumulating the yellow metal at a rapid pace. Over th...

R. Kiyosaki warns to ‘prepare for a market crash, depression, and war’

Shortly after the clock struck midnight on February 13, 2025, the prominent investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, took to X to issue another dire warning about the troubles with the U.S. economy. According to Kiyosaki, the layoffs in 2025 will hit the American workforce hard as ‘Trump (will) eliminate 65,000 jobs.’ The author also announced that the oil industry is also firing thousands of employees as ‘the economy is contracting.’  The situation in the fossil fuel sector comes as something of a surprise as it is widely expected to enjoy a renaissance due to President Donald Trump’s ‘drill, baby, drill’ pledge and an approach to energy that emphasizes abundance over other considerations. Picks for you Tether could need to dump part of its $8 billion Bitcoin holdings – What’s...