Ghana Cancels Gold-for-Oil Scheme
Ghana’s central bank halts gold-for-oil barter scheme due to massive losses, says Bank of Ghana Governor Johnson Asiama. #Update #Economy (0) →
Ghana’s central bank halts gold-for-oil barter scheme due to massive losses, says Bank of Ghana Governor Johnson Asiama. #Update #Economy (0) →
@BullionStar warns of high demand and supply tightness in large gold bars, noting unusual market behavior as institutional interest surges. #Update #Commodities (+4) ↗
In January, Swiss gold exports to the U.S. hit a record 193 metric tons due to Comex futures premiums, surpassing 2024 totals and driven by tariff fears. #Update #Commodities (+3) ↗
Speculation about Fort Knox’s gold reserves intensifies as @Polymarket bettors assign a 21% chance the gold doesn’t exist, reflecting public skepticism despite official assurances. #Update #Finance (+3) ↗
Gold prices surged 45% to $2,927.10 per ounce since February 2024, yet gold ETFs stalled as spot bitcoin ETFs gained over $40 billion. #Update #ETF $BTC (+3) ↗
Egrag Crypto predicts $XRP could rise 1,000% against the Philadelphia Gold and Silver Index, potentially reaching a market cap of $1.64 trillion if current trends continue. #Update #Crypto $XRP (+6) ↗ (Source: NewsBTC)
Gold prices reached a record $2,942.70 per ounce following President Trump’s tariff concerns, while Peter Schiff questions Bitcoin’s status as ‘digital gold’. #Update #Crypto $BTC (+3) ↗ (Source: News.Bitcoin)
DailyHodl: Michael Sonnenfeldt of Tiger 21 reveals high-net-worth investors are increasingly turning to $BTC as a hedge against global instability, with $6 billion in digital assets. #Update #Crypto $BTC (+4) ↗
Bitcoin.com: Gold surged to a record $2,850.9 per troy ounce on COMEX as markets evaluated tariff impacts, nearing the $3,000 milestone before retreating. #Update #Commodities (+6) ↗
DailyHodl: @UBS is testing its tokenized gold product, UBS Key4 Gold, on Ethereum’s $ETH layer-2 ZKsync for improved global functionality. #Update #Crypto $ETH (+3) ↗
Bloomberg Intelligence’s Mike McGlone warns gold’s strong 2024 performance could signal bearish trends for $BTC and risk assets, highlighting investor preference for safe havens amid macroeconomic concerns. Bitcoin must maintain above $100,000 to sustain its uptrend. #Update #Crypto $BTC (-3) ↘
UBS predicts a gold rally in 2025 driven by central bank demand and economic uncertainty, despite potential rate cuts and a strong dollar. • #Update • #Commodities • @UBS • (+4) • ↗
$BTG surges 140% in 24 hours, driven by South Korea’s Upbit activity, despite an impending delisting deadline. • #Update • #Crypto • $BTG • (+4) • ↗
$BTC outperformed gold and major indices in 2024, doubling its price to trade between $95k-$97k despite volatility; Trump’s election win contributed to favorable conditions. • #Update • #Crypto • $BTC • (+4) • ↗