Coinbase Derivatives To Launch 24/7 Gold And Silver Futures For US Traders
TL;DR Coinbase Derivatives announced 24/7 gold and silver futures contracts for US traders. The products are positioned as regulated commodities exposure through Coinbase’s derivatives arm. Coinbase also indicated that oil futures are planned as a later expansion. Coinbase Pushes Further Into Regulated Futures Coinbase Derivatives is expanding its regulated futures lineup with 24/7 gold and…
Bitcoin Suppressed Like Gold? Luke Gromen Says It Can’t Last Forever
Luke Gromen says Bitcoin’s failure to break decisively higher may reflect more than weak spot demand, arguing that paper instruments can temporarily absorb buying pressure in the same way derivatives have shaped the gold market for years. Speaking with Nathalie Brunell in a June 6 interview, the macro analyst said he has not materially rebuilt…
Bitcoin Faces Prolonged Downtrend Through 2027, Analyst Warns
Bitcoin’s market cap has dropped to roughly $1.46 trillion, pushing it below several major technology companies and commodities in global asset rankings. Gold Holds Top Spot As BTC Slides Gold remains the world’s most valuable asset at nearly $31 trillion, with Nvidia, Apple, Alphabet, Microsoft, Amazon, TSMC, Broadcom, Saudi Aramco, Tesla, and Meta Platforms all…
Here’s How High The Ethereum Price Would Be if It Matches The Market Cap Of Gold
A crypto analyst has shared a new report from Etherealize, a leading crypto research firm, which projects how high the Ethereum price could reach if its market capitalization were to match that of gold. The expert believes that, beyond price action, the Ethereum network could also evolve into a global settlement layer, further solidifying its…
Anthony Scaramucci Puts Bitcoin Market Cap At $21 Trillion, So How Much Will 1 BTC Be?
Anthony Scaramucci, the financier and SkyBridge Capital founder who briefly served as White House communications director, has made a bold case for Bitcoin’s long-term value. According to him, Bitcoin’s market cap is well on track to reach $21 trillion, and this is because of its fixed supply, its growing institutional footprint, and a monetary trust…
Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold
Institutional money has been pouring into Bitcoin at a scale that would have seemed far-fetched just a few years ago. Since the launch of Bitcoin exchange-traded funds, roughly $56 billion has flowed in from asset managers around the world — a shift that Bitmine CEO Tom Lee says is changing how serious investors think about…
Binance Users Register Record Gold Futures Trading Activity – What This Means
The Binance exchange has registered a surge in derivatives activity triggered by an ongoing pullback in gold’s price. The highly priced commodity and world’s largest asset has experienced a steady price decline since around February amid exacerbating geopolitical tensions and concerns about global inflation levels. Binance Users Show Heavy Interest In Gold Market In an…
Analyst Predicts Bitcoin To Gold Rotation That Will Send BTC Price To $800,000, But When?
A crypto analyst has issued a bold long-term forecast for Bitcoin, predicting that a capital rotation out of gold and into Bitcoin will drive the asset to $800,000. This prediction is coming at a time when gold’s recent decline has caught many financial investors off guard. Biggest Gold To Bitcoin Rotation Is Coming Bitcoin has…
Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War
Bitcoin quietly gained ground while gold crumbled. That contrast has become one of the more telling stories to emerge from weeks of escalating conflict in the Middle East, as the two assets — long compared as competing stores of value — have moved in sharply opposite directions since the US and Israel launched strikes on…
Pundit Shares Everything To Understand About Bitcoin, ‘This Cycle IS Different’
A crypto analyst has broken down everything investors and traders need to know about the current Bitcoin (BTC) cycle. In his post, the pundit argued that the present cycle is different. He explained that the widely followed four-year cycle theory is fundamentally flawed, suggesting that a far more reliable framework exists for understanding where the…