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Spot Bitcoin exchange-traded funds recorded their largest-ever daily outflow yesterday. Investors pulled nearly $1 billion from these funds, marking a significant retreat. Gold-backed ETFs and tokens behave much more stable. Meanwhile, spot gold ETFs continue to attract substantial capital. This tre

Union Bank of Switzerland (UBS), the largest banking institution in Switzerland, is exploring the potential of a tokenized gold product using Ethereum’s layer-2 scalability platform, ZKsync. This trial aims to enhance global functionality for digital assets. UBS is currently testing its Key4 Gold pr

Robert Kiyosaki, renowned author of "Rich Dad Poor Dad," has announced a significant shift in his investment strategy, pivoting from silver and gold to Bitcoin (BTC). Speaking to his 3.5 million YouTube subscribers, Kiyosaki shared his decision to embrace Bitcoin for its greater potential returns co

Bitcoin has achieved a remarkable milestone by reaching a new all-time high (ATH) against gold, underscoring the cryptocurrency's growing prominence as a store of value. This development was shared by veteran trader Peter Brandt via a recent post, where he also noted the potential for further apprec

Michael Saylor, the co-founder of MicroStrategy, suggests in a Yahoo! Finance interview that the United States should divest its gold reserves in favor of Bitcoin to secure a leading role in the global financial landscape. He asserts Bitcoin as the "world’s reserve capital network" and believes this