Gold investment bank Goldman Sachs is forecasting strong structural gold demand from central banks worldwide will drive prices up significantly in the coming years. In its latest forecast, […]
Gold Price Forecast: Goldman Sachs Projects Prices to Reach $3,700 by 2025
Goldman Sachs has once again made its prediction on the future of gold prices, forecasting a significant rise in the coming years. According to BlockBeats, the investment bank […]
Sygnum Bank Warns Corporate Bitcoin Holdings Threaten BTC’s Reserve Status
Sygnum Bank, a leading provider of regulated digital asset banking services, has issued a cautionary note regarding the significant accumulation of Bitcoin (BTC) by corporations. The bank believes […]
Gold Rises to Second Spot as Central Banks Seek Safe Haven
A shift in global reserve asset allocation is underway. Recent data shows that gold has surpassed the euro to become the second-largest reserve asset, trailing only the U.S. […]
Asian Currencies Under Pressure: US-China Talks, BOJ Rate Hike, and Yen’s Weakness
Global markets are closely watching the dynamics of Asian currencies as geopolitical events and central bank decisions continue to shape their performance. While several factors are contributing to […]
Central Bank Action Sparking Crypto Speculation: Fiat Flexibility Fuels Market Volatility
Global central banks are rethinking fiat currency strategies, leading to market uncertainty and influencing cryptocurrency prices. By increasing the money supply through quantitative easing measures, these institutions aim […]
Stablecoins Spark Global Debate as They Challenge Central Bank Power
The rise of stablecoins has triggered concerns among global policymakers, particularly in developing nations. Gita Gopinath, Deputy Director of the International Monetary Fund (IMF), highlights how these digital […]
Gold Could Reach $4,000: Why Central Banks Are Shifting to Precious Metal
Gold prices are poised for a significant jump, potentially reaching $4,000 per ounce, according to Goldman Sachs. The bank attributes this upward trajectory to central banks increasingly favoring […]
Central Bank Gold Purchases Cast Doubt on Bitcoin’s Future
As central banks globally expand their gold reserves, Peter Schiff has joined the growing chorus questioning Bitcoin’s long-term viability. This focus on traditional assets, like gold, instead of […]
Peter Schiff Questions Bitcoin’s Place in Monetary Future Amid Gold Accumulation by Global Central Banks
In a recent X post, Peter Schiff challenged Bitcoin’s future potential, arguing that global central banks are shifting their reserves towards gold instead of embracing BTC. He questioned […]
Peter Schiff Argues Central Banks Favor Gold Over Bitcoin
Economist Peter Schiff contends that central banks are more likely to favor gold over Bitcoin in their reserves. Schiff highlights gold’s long history as a safe-haven asset, while […]
Peter Schiff Predicts Central Banks Will Favor Gold over Bitcoin
Peter Schiff’s prediction that central banks will favor gold over Bitcoin has gained traction, with Schiff arguing that gold’s intrinsic value makes it a safer haven asset compared […]
Peter Schiff Argues Gold Outpaces Bitcoin as Safe Haven for Central Banks
Financial commentator Peter Schiff has reignited the debate between gold and Bitcoin by highlighting central banks’ growing reliance on gold over the latter. In a recent social media […]
Fed and BIS Launch New Toolkit to Turbocharge Asset Tokenization
Central banks are on the cusp of a financial revolution with the launch of a new toolkit designed to accelerate asset tokenization. The Bank for International Settlements (BIS) […]
Central Banks Test Smart Contracts for Monetary Policy
In a pioneering move, central banks are exploring the potential of smart contracts to revolutionize monetary policy. Led by the Federal Reserve Bank of New York’s Innovation Center […]