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Erik Voorhees, the early Bitcoin (BTC) advocate and founder of ShapeShift, spent $6.81 million in USDC (USDC) to purchase 1,382 ounces of PAXG (PAXG) — a gold-backed token — at an average price of $4,926 per ounce, as gold holds above $5,000 and Wells Fargo raises its 2026 target to $6,100–$6,300. W

Goldman Sachs has warned that systematic funds could dump up to $80 billion in equities over the next month, a deleveraging wave that threatens to spill into Bitcoin (BTC), gold, and silver as liquidity conditions deteriorate across global markets. What Happened: Systematic Selling Goldman's trading

Tether (USDT) has invested $150 million in Gold.com, taking a minority stake as it moves to expand distribution of tokenized and physical gold through both digital and traditional channels, according to a press release issued Thursday. The deal gives Tether roughly a 12% ownership position in Gold.c

JPMorgan strategist Nikolaos Panigirtzoglou argued on Thursday that Bitcoin (BTC) now looks more appealing than gold for long-term investors, a contrarian call issued as cryptocurrency markets struggle with sustained selling pressure. Bitcoin has fallen more than 40% from its October peak near $126,

Gold and silver climbed for a second straight session Wednesday, consolidating gains after Tuesday's biggest single-day rally since 2008. Gold traded near $5,000 per ounce while silver approached $88 following a historic crash that wiped out as much as 40% of silver's value in just two days. Tuesday