Gold and Bitcoin have recently hit the critical 78.6% Fibonacci retracement level, and this marks a pivotal moment for both assets right now. This latest and greatest technical development signals…
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This is a segment from the Lightspeed newsletter. To read full editions, subscribe.Volatility is back. After rallying to $167 on June 11, SOL reversed sharply below $145 as geopolitical shocks…
Bluebird Mining Ventures Ltd., a pan Asian gold project development company, recently announced a major strategic shift. It plans to convert future revenues from its gold mining projects into bitcoin…
Crypto Plunges, Israel strikes Iran, Gold & Oil SoarCrypto Plunges, Israel strikes Iran, Gold & Oil Soar
FOMO HOUR EP378Crypto plunges as Israel strikes Iran. $1.1bn liquidations, Wynn liquidated again. GameStop…
In brief
Bitcoin dropped while gold jumped to two-month highs as tensions between Israel and Iran marred global stability.
Over $1 billion in crypto positions were liquidated within 24 hours of Israel’s…
Oil prices have jumped almost 8 per cent, and gold added over 1.15 per cent this morning (Friday) after an Israeli strike on Iran that targeted nuclear facilities, ballistic missile…
Today, Galaxy Digital CEO Mike Novogratz told CNBC that Bitcoin is on a path to replace gold and could eventually reach a value of $1,000,000.“Bitcoin has become a macro asset,”…
In brief
Stablecoin giant Tether has spoken of the importance of having gold in a portfolio.
The El Salvador-based firm bought a substantial stake in a Canadian gold royalty firm.
Tether also…
In major movement, gold has officially overtaken the euro to become the second-largest reserve asset, behind only the U.S. dollar. As per the recent European Central Bank (ECB) report, gold…