Gold


Markets

Market Wrap: Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins

Choppy trading in stocks and cryptos reflects uncertainty among global investors.

Volatility ahead (Matt Hardy/Unsplash)

Markets

Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May

BTC is lagging equities and gold so far this year, although returns are typically positive in May.

Investors look toward May (Maddi Bazzocco, Unsplash)

Finance

World's First Combined Bitcoin, Gold Exchange-Traded Product Listed in Switzerland

The product was developed by ETP issuer 21Shares and crypto data provider ByteTree Asset Management.

(Unsplash)

Markets

Bitcoin's Correlation With Gold-Backed PAXG Token Weakens to Record Low

Bitcoin's inverse correlation with PAXG represents the leading cryptocurrency's recent behavior as a risk asset rather than a store of value.

(Federal Reserve Bank of New York, modified by CoinDesk)

Videos

Medley Global Advisors Exec on BTC Price Outlook As CPI Jumps 8.5% in March

Medley Global Advisors’ Ben Emons discusses BTC price action as the Consumer Price Index (CPI) reaches a 40-year high of 8.5%. Emons explains bitcoin’s connection to inflation and the idea of “digital inflation,” noting the economic impact of rising gas prices.

CoinDesk placeholder image

Finance

Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold

Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.

Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)

Markets

First Mover Asia: Why Japan, China and Other Regional Powers Still Put Their Faith in T-Bills, Gold; Cryptos Climb Higher

Some observers viewed bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. Treasury bills.

Gold bars (Bright Stars/Getty Images)

Videos

BTC Correlation to the S&P 500 Hitting 17-Month High

The debate over bitcoin's value as a digital gold safe haven asset or a risky investment is heating up. As BTC's sensitivity to stock markets increases, concerns that the Federal Reserve's aggressive tightening plans may tip the U.S. economy into recession rise. Christine Lee breaks down the Chart of the Day.

Recent Videos

Finance

Saudi Arabia Mulls Pricing of China Oil Sales in Yuan: Report

The move would be a challenge to the U.S. dollar, which has dominated as the medium of exchange for the oil trade for decades.

(Getty images)