Cryptocurrency Market

  • Market Cap: $2,407,087,163,783.41
  • 24h Vol: $55,445,170,526.62
  • BTC Dominance: 56.57%

Central Banks

qcp-capital:-risk-assets-rise-on-global-stimulus-outlook 

QCP Capital: Risk Assets Rise on Global Stimulus Outlook 

According to a weekend market insights analysis provided by QCP Capital, risk assets experienced a notable rally this week, driven by central bank stimulus measures and key political developments. Analysts from QCP highlighted multiple factors contributing to the uptick, including economic support from China and interest rate expectations in the United States and Japan. Global […]

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qcp-capital-analyzes-bullish-macro-trends-impacting-bitcoin-and-risk-assets

QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk Assets

According to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the U.S. are playing a crucial role in shaping market sentiment. QCP Capital: Central Bank Moves Boost Outlook for Crypto QCP Capital‘s analysis on Wednesday highlights a series of macroeconomic developments

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ubs-favors-gold-as-‘most-preferred’-—-says-‘hedging-properties-remain-attractive’

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’ Read More »

report:-central-bank-gold-demand-surges-in-july-amid-rising-prices

Report: Central Bank Gold Demand Surges in July Amid Rising Prices

Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World Gold Council. The report highlights a 206% increase in net gold purchases compared to the previous month, driven by several key players in the global

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gold-shatters-records-as-investors-brace-for-economic-turbulence

Gold Shatters Records as Investors Brace for Economic Turbulence

Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices of precious metals

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philippine-central-bank-warns-of-ai-driven-crypto-scams-—-governor-denies-endorsing-cryptocurrency-projects

Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency investments. The BSP emphasizes that Governor Eli M. Remolona Jr. does not endorse the purported cryptocurrency project “Tesler Code” or any other

Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects Read More »

central-banks-plan-increased-gold-reserves-amid-global-uncertainty:-2024-world-gold-council-survey

Central Banks Plan Increased Gold Reserves Amid Global Uncertainty: 2024 World Gold Council Survey

The World Gold Council’s 2024 survey reveals that central banks plan to increase gold reserves amid geopolitical and financial uncertainties. Over 80% of respondents expect global bullion holdings to rise, and 29% of central banks plan to boost their own reserves. Motivations include strategic rebalancing, domestic production, and market concerns like crisis risks and inflation.

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central-banks-boost-gold-reserves-by-33-tonnes-in-april

Central Banks Boost Gold Reserves by 33 Tonnes in April

Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of purchases, bringing the central bank’s year-to-date acquisitions to 38 tonnes and raising its overall official gold reserves to

Central Banks Boost Gold Reserves by 33 Tonnes in April Read More »

bank-of-america-strategist-predicts-gold-could-reach-$2,500-per-ounce-in-2023 

Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023 

A Bank of America (BOFA) commodity strategist has postulated that gold, should it continue to flourish in 2023, could pave the way for a climb to $2,500 per ounce. Presently priced at $1,983 per unit, the precious metal remains just shy of the $2,000 threshold. However, if it were to achieve the projected $2,500 target,

Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023  Read More »

global-reserves-held-in-us-dollars-fell-to-less-than-50%-—-official-states-it-has-become-a-‘toxic’-currency

Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency

The percentage of reserves held in U.S. dollars by central banks has fallen to less than half of the global total of reserves, according to a note from Eurizon SLJ Asset Management. The note states that the recent sanctions enacted by the U.S. against the Bank of Russia have eroded trust in the dollar as

Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency Read More »