DeFi News Daily Official TheBitTimes.com

The financial asset market is now noticing a transformational wave, the one that is helping it expand in unprecedented ways. There was a time when gold and the US dollar used to be the ultimate hedge assets. Investors would either flock towards gold or USD to safeguard their investment, making them appear highly lucrative in the mainstream financial regimen. However, the US dollar has now started to project a volatile stance. This has led the dollar to nosedive in terms of valuation, as the Trump-led regime continued to add pressure on the USD. With global uncertainty spiking to new highs, gold, alongside Bitcoin,came into the larger narrative, helping investors derive lucrative returns. However, which of the two is the most profitable in all senses and purposes? Let’s find out. Also Read: White House Official Dubs Bitcoin “Digital Gold,” Wants to buy More Gold and Bitcoin: A Rivalry Worth Keeping an Eye On Source: Watcher Guru The financial dynamics of the world have now started ...

Summary: ⚈ Gold rose 28.65% in 2025, turning $1,000 into $1,286.50 ⚈ It outperformed stocks and crypto amid market-wide uncertainty and instability ⚈ Volatile price swings make gold resemble crypto in recent trading behavior Thanks to the commodity’s rise in 2025, there would have been few more lucrative trades than investing $1,000 in gold at the very start of the year. In just over four months, the precious metal has rallied 28.65% from the New Year price of $2,658 to its May 6 press time price of $3,376.  Gold YTD price chart. Source: TradingView Such a setup means that traders who elected to buy $1,000 worth of the yellow metal at the start of 2025 would have made $286.50 in profit, making their investment worth a total of $1,286.50. Though gold has been performing well for more than a year and is 46.69% in the green in the 12-month chart and 97.96% up in the five-year chart, this year is somewhat peculiar because it significantly outperformed mos...

BRICS member Russia is heavily diversifying its foreign exchange reserves by replacing the US dollar with gold. As of March 2025, gold makes up 34.4% of Russia’s foreign exchange reserves and is worth $217.4 billion. The Central Bank of India is massively accumulating the precious metal to safeguard its economy from market turmoil. Also Read: BRICS: Analyst Reveals If the US Dollar Can Maintain Its Dominance Russia is just one among the BRICS nations that has been aggressively buying gold since 2022. Its counterparts China, India, and Brazil have also been accumulating the glittery metal for 36 months. The developing countries are looking to sideline the US dollar for foreign exchange reserves as the currency comes with the risk of debt. If the market crashes, holding the US dollar becomes a financial burden and weakens their respective economy. Therefore, BRICS members are turning towards gold and other local currencies to distance themselves from the threat of acquiring debt. If...

Gold has dominated the world by acting as a safe-haven asset for many investors for as long as one can remember. However, with the US treasury recently touting Bitcoin as “digital gold,” a new paradigm shift is upon us to take note of. Bitcoin’s meteoric rise to $110K was momentous in many ways, challenging the decades-long legacy of gold as a potential safe haven asset. This brings investors to question the inevitable, enquiring whether Gold is truly losing its footing in the financial realm. Also Read: Ripple: AI Predicts XRPs Price For January 1st 2025 Is Bitcoin The New Gold? Image Source: Watcher Guru As the end of 2024 approaches hard and fast, the lingering questions related to which asset is more lucrative remain unchanged. The fight between Bitcoin and Gold has now become fierce as new changing paradigms are shifting gears, turning both assets into the next generation of safe-haven investments to keep an eye on. JUST IN: Blackrock’s #Bitcoin ETF is officially BIGGER than its ...

The de-dollarization narrative has gained global recognition, with nations actively calling out to promote local currency narratives. This new perspective is leading the US dollar to note a significant valuation dip, with countries looking forward to finding able USD alternatives. The constant weaponization of the US dollar alongside its nation’s spiking debt metrics has compelled nations to make the call and contemplate hard on whether they want to support the dollar or not. With Trump taking over the US, his policies of imposing taxes on nations moving away from the dollar are also stressing the greenback. Will his leadership accelerate the de-dollarization drive or curb it entirely? Let’s find out. Also Read: Pepe December Forecast: How High Can The Token Surge Next Month? Trump’s New Policies: A Boon Or A Curse in Disguise? Republican presidential nominee former President Donald Trump waves as he walks with former first lady Melania Trump at an election night watch party at th...

In a new turn of events, the US dollar is surging at a rapid pace, with gold (AUX) dropping to its lowest levels since September 2023. The yellow metal is trading at $2618, slowly recovering from the slump and push that it had faced after the dollar resurfaced back on the radar. Also Read: XRP Forecasted To Reach $3, Here’s When US Dollar Surges As Gold Dips: What’s Happening Image Source: Watcher Guru The US dollar has trampled gold in a recent value surge. The recent administration change in the US is further driving the greenback rally, helping it claim new ascents. The Trump administration has made its stance clear about the American currency, adding how it will be prioritizing the USD and may impose a stricter policy change to curb de-dollarization initiatives. Trump has vowed to hit back at nations that have expressed their desire to ditch the US dollar. In one of his interviews, the president-elect made his opinion known to the world, adding that he would impose taxes on na...

The US dollar is currently under strict scrutiny, with new foes in the queue to hammer USD down a notch. At press time, the dollar index is sitting at 100, up 0.03% in the last 24 hours. However, the currency has battered down intensely, hitting a new 18-month low in the current situation. At the same time, the Euro has gained 0.6% against the US dollar, with gold surging to touch new value rallies. As investor sentiment embraces the new transformative changes in the field of finance, AI predicts which asset to invest in the long run. Also Read: Digital Currency: Hong Kong’s CBDC Pilot Testing Enters Phase 2 The Gold vs. Dollar Debate Source: see.news The US dollar is sitting at its lowest level in 18 months. The DXY index is sitting at 100, while the alternate asset gold has sparked a new price rally of $2,670. The stark correlation has sparked speculation on social media, prompting investors to think of alternate scenarios. “JUST IN: U.S. Dollar Index, $DXY, hits lowest level in 18 ...

Discussing the leading crypto, Goldman Sachs CEO David Solomon said that Bitcoin can be similar to GOLD in that it serves as a “store of value.” Indeed, the investment bank’s head recently talked with CNBC live from the summer Olympics in France. There, he talked about BTC and his position on the token. The comments come as Bitcoin has dominated discussion regarding its potential as a reserve asset. Donald Trump has promised to use the cryptocurrency as a strategic reserve, should he be reelected in November. Moreover, US Senator Cynthia Lummis has recently introduced a bill calling on the US Treasury to hold the token. Source: etftrends.com Also Read: 93% Bitcoin Holders in Profit As BTC Reaches For All-Time High Goldman Sachs Head Gives His Two Cents on Bitcoin Debate Bitcoin has been a major talking point in 2024. The asset represented the first crypto-based ETF in the US, while it reached an all-time high of $73,000 in March of this year. Its status has become un...

With gold rallying to new highs this season, several financial analysts have made bold predictions concerning gold and its uniqueness as a hedge against inflation. While the US stock market and Bitcoin received major setbacks as geopolitical tensions rose to adopt a lethal layer, Gold maintained its stance ahead, delivering stellar returns to its holders. Also Read: Why Central Banks Are Aggressively Acquiring Gold? Analyst Says Ditch US Stock and Embrace Gold Image Source: Unsplash Gold is experiencing modest price swings this week, dipping by nearly $50 for the first time. The shiny precious metal has been touching new highs of $2400 before slipping back to $2,309 at press time.  The GOLD ’s massive rally was triggered by the central bank buying spree. As leading central banks worldwide hoarded GOLD , the metal prices shot up to break several new price ceilings. However, the sentiment since then has taken a slight dip, with analysts pouring in opinions on why G...

Gold has lately been making headlines by keeping its pace intact amid the stark market meltdown. The yellow metal has documented a few downswings but is slowly recovering its momentum. Per Kitco, the gold prices are mellow, currently sitting at $2,193, down 0.90% at the time of publication.  However, the trend is expected to gain prominence soon as anticipation concerning the fed rates has lately been amplifying, boosting Gold’s prospects. Also Read: HSBC Debuts Gold Tokens To Woo Retail Investors Gold Is Poised to Gain Momentum Soon Source: goldavenue.com The palpable anticipation surrounding the Fed eral Reserve’s decision to cut interest rates in June is bolstering the price of GOLD . Gold is expected to break into a new bullish price threshold, with the influx around the metal increasing at a gradual pace.  According to Cathy, a notable market analyst on X, the current price trajectory of gold is bound for a stellar uptrend. The analyst was ...

As Bitcoin keeps outperforming traditional safe-haven assets like gold or bonds, providers of spot Bitcoin exchange-traded funds (ETFs) are likely to double down on their new products. Bitcoin’s (BTC) asymmetric returns and low correlation could serve as “solid support” for the recently launched spot Bitcoin ETFs, given that institutional players are likely to continue fueling the ongoing enthusiasm for crypto ETFs. In a research report, analysts at Kaiko noted that the largest cryptocurrency by market capitalization has accumulated over $2 billion in net inflow since spot ETFs launch on Jan. 10, signaling a growing investor appetite for Bitcoin as a safe-haven asset amid broader market uncertainties. Bitcoin correlation with Nasdaq 100 | Source: Kaiko You might also like: ProShares Bitcoin ETF trading declined over 70% since spot Bitcoin ETF launch The 60-day correlation between BTC and the Nasdaq 100 index has seen a significant decline over the p...