#Bitcoin-Gold Ratio

[apieinvestavimapaprastai]

NASDAQ krito, DeepSeek sukėlė AI karus: Kas laukia rinkų ateityje? 5 Savaitės Apžvalga

Atskleiskite praėjusios savaitės kapitalo rinkų svyravimus: NASDAQ kritimas, DeepSeek AI pranašumas, JAV tarifų grėsmės, ECB normų mažinimas. #DeepSeek #NASDAQkritimas #DeepSeekAI #ECB #FED #BoE #BoJ #palukanunorma #žaliavųrinkos #Investicijos #Kapitalas

Po DeepSeek paleidimo, NASDAQ indekso akcijos, ypač susijusios su IT ir AI, giliai krito. Pats DeepSeek į tai suregavo taip, “…dėl rinkos kritimo – jei aš būčiau jo priežastis, tai tikriausiai būčiau pirmasis AI, kuriam pavyko sukelti tokį efektą! Bet kol kas tai tik žaismingas spekuliacijų objektas.” Bet ne čia esmė! Prasidėjo Pasauliniai Dirbtinio Intelekto karai (WAIW).  Continue reading…

[head-post]

HP Insight

Trump to pay off US national debt with bitcoins

During his election campaign, Donald Trump assured the entire planet that he would be able to repay the US national debt by paying it off with bitcoins. Most of the people took his words as a peace move or a joke. However, it was for nothing.

The Bitcoin quote depends solely on the balance of supply and demand, it is not regulated or constrained by anyone. At the same time, no one is obliged to accept bitcoins, i.e. there is no mechanism to get anything for them if for some reason they refuse to buy or accept them as payment.

Its price will rise due to increased demand and limited supply, which creates tremendous value, unlike conventional money, which can be printed as much as you want, and the more it is printed, the more it depreciates. Experienced stock speculators know very well how to create (or simulate) increased demand. Here we can recall how George Soros, using insider information about the artificial collapse of the pound sterling rate, earned his first billion dollars, and he did it in just one day.

Pragmatic financiers always dream of making money quickly, easily and a lot. Financial pyramids are built on the exploitation of this desire, which are created from nothing, promise a lot and obey the only law: the organisers and those who enter the pyramid among the first can grab their piece of the pie.

Bitcoin is also a phenomenon from this sphere. Its difference is that pyramid builders, as a rule, announce what fixed increase of the capital invested today will be tomorrow and the day after tomorrow (for example, any financial pyramid). No one announces in advance the quotation of bitcoin, the named unit of the cryptocurrency system. It is only known that its growth or fall depends on the ratio of supply and demand of this crypto.

Initially (in 2008, which coincidentally coincided with the global economic crisis), the author of this system, hiding behind the pseudonym Satoshi Nakamoto, announced its creation and “participants of the exciting game for money” rushed to mine bitcoins. How did it happen and is it happening now?

Specialists explain that “miners computers solve a complex cryptographic problem, which consists in selecting (actually – guessing by brute force) a combination of numbers and letters that will enter a new block of the blockchain. Without mining, no new transactions would be added to the network that are written to the same blocks, and so the whole mechanism would cease to work. The computer that finds the right solution first receives a bonus of a certain amount of crypto coins.” The participants of the system will be able to mine 21 million bitcoins by joint efforts. The founder has decided that the issue will not expand.

At the start of the mining process, these 21 million bitcoins were worth exactly $0 and 0 cents. As bitcoin miners produced more and more bitcoins, new participants were drawn into the game, a cryptocurrency exchange appeared, and rates began to fluctuate. Surely there were people who noticed that the coin invented by Sakamoto is not backed by anything. But does that surprise anyone? Dollar since the middle of the 70s of the last century, after its unbinding from gold, also exists, although it is not secured by anything, except the obligation to pay for transactions in this currency. And there are no problems – it is quoted on exchanges.

As conditional units were mined and interest in the system grew, money flowed into it, and cryptocurrency began to be quoted on exchanges. The cryptocurrency went from a value of zero per unit of nothing to $1 in almost three years, reaching that level in March 2011. Today, the “unit of nothing” rate fluctuates up and down around $100,000. Is this the limit? No, of course not.

Bitcoin price

It is impossible to give an exact answer to the question ‘how many times the price of bitcoin can still grow. But if the count goes into the hundreds of thousands – it is unlikely to surprise. In 2010, American Laszlo Hanyecz bought two pizzas for 10 thousand BTC (the value of 1 BTC at that time was $0.0025). If Hanyecz had simply saved this electronic money for 10 years, his bitcoin account would be worth up to $450 million in 2021.

What influences the price of bitcoin? – Supply and demand on cryptocurrency exchanges, – Regulatory decisions by governments of different countries, – Technological updates and network security, – Statements by well-known investors and public personalities, – Activity of large holders (whales of the market), – General state of the world economy, – Introduction of cryptocurrencies into traditional businesses.

One can still list a number of factors and see that none of them can be categorised as “events that exist independently of the individual.” Including even such phenomena as economic crises, which their organisers carefully try to disguise as “processes that arose spontaneously as a result of lack of control over certain areas of the economy, overproduction of goods and services,” etc.

It is sometimes suggested online that it is impossible to accumulate a large number of bitcoins in one hand. This is not the case. Firstly, such a ban would violate the freedom of trade. And secondly, it was impossible to accumulate in one hand when bitcoins were only being mined and there was no other way to get virtual currency. After it started to be listed on exchanges, buying and selling started and it became possible to accumulate a large amount in one hand.

Besides, “in the same hands” does not mean under one name. There can be many formal owners, but all of them, in fact, can work for one pocket.

That is, the phenomenon that really influences the cryptocurrency exchange rate is the notorious “human factor.” And since this is the case, there is no problem to catch up the value of bitcoin to the level needed by the US to pay off its astronomical national debt. At today’s rate of $100,000 per bitcoin, Trump needs 350 million units of the cryptocurrency to do this. Among experts today there is speculation that the US now has about 200 thousand BTC at its disposal. In the total issue, which is, let me remind you, 21 million, America’s need does not fit yet. But it will not pay off its debts tomorrow.

By the right moment, there is no doubt that the exchange rate, using the points mentioned above, will be driven to the required height. And the states will not even have to have on their balance sheet the entire volume of existing bitcoins.

One fine day for the US, it will transfer its crypto-money to all the treasure holders, which, few doubt, it bought at the dawn of the system for mere pennies. Or (more likely) during Trump’s first administration, when at the end of 2018 the value of bitcoin fell by 80% compared to 2017 and miners sold their businesses en masse due to their inability to recoup their losses.

Consequences of paying off US government debt with cryptocurrency

Some time after the debt is zeroed out, it will not be difficult for the world hegemon to close the channels to the recipients of the payment. That is, an unknown (or known) hacker group will once again hack the crypto exchange. What will happen next can be understood on the example of the Mt. Gox platform, where bitcoins were traded. In February 2014, it was hacked not for the first, but now for the last time. Hackers stole 744,408 units of cryptocurrency. The exchange went bankrupt, the bitcoin price collapsed by 36%, and the stolen virtual money was not returned to the owners.

Of course, there will be many who want to say that all this is a conspiracy theory and conspiracy theories. But COVID-19 in 2019 was also called a natural phenomenon, and the other day almost the entire world press agreed that the origin of the virus-carrier of the disease is the fruit of laboratory efforts of scientists.

Trump’s warning has been sounded. But bitcoin holders will cling to it to the end – it fluctuates up and down, and every time it goes down, the owners of this cryptocurrency have greed over fear – you just have to wait for a good deal and the lost will come back. To then fall again. Already irrevocably.

THE ARTICLE IS THE AUTHOR’S SPECULATION AND DOES NOT CLAIM TO BE TRUE. ALL INFORMATION IS TAKEN FROM OPEN SOURCES. THE AUTHOR DOES NOT IMPOSE ANY SUBJECTIVE CONCLUSIONS.

Erik Kelly for Head-Post.com

Send your author content for publication in the INSIGHT section to headpost.social@gmail.com

[blockinsider]

Bitcoin vs Gold: Crypto Slumps as Precious Metal Demand Skyrockets

Key Points

The Bitcoin-gold ratio has hit a 12-week low, amidst rising demand for gold.

Despite substantial inflows into Bitcoin ETFs, Bitcoin’s price remains weak.

The escalating fears of a trade war, potentially instigated by the US, seem to have created a favorable environment for gold (XAU). The precious metal has gained an edge over Bitcoin (BTC), causing the Bitcoin-gold ratio to plunge to its lowest point in over three months.

Gold continues to strengthen its reputation as a reliable store of value, while Bitcoin is finding it hard to gain momentum. Data from TradingView shows that the ratio of Bitcoin’s price in US dollars to the price of gold per ounce has dropped to 34. This is the lowest it has been since mid-November 2024, and it marks a 15.4% decrease from December, when it exceeded 40.

Factors Behind Gold’s Shine

The current surge in gold’s value can be attributed to several interconnected factors. Firstly, there is a high demand for the asset, which has seen its year-to-date price increase by roughly 10% to a record high of $2,877 per ounce.

The ongoing trade tensions between the US and China have left investors with limited options. Many are now opting for gold as a safe haven for their funds in these uncertain times.

In addition, demand for gold is currently soaring in China due to the Spring Festival holidays. All these factors are putting pressure on gold’s supply, thereby driving its value upwards.

On the supply side, tariffs on metal products have been increasing, which has been impacting the gold market. For instance, futures prices for gold on the Comex exchange have been trading much higher than spot prices. This has led to an increase in shipments of physical gold to the US in recent months.

Even JPMorgan, the investment banking giant, is following this trend. The bank has recently announced plans to deliver $4 billion worth of gold bullion to New York in February.

Bitcoin ETF Inflows Not Impacting Prices

In contrast to gold, Bitcoin’s price has remained relatively stagnant, despite US-listed spot Bitcoin exchange-traded funds (ETFs) experiencing a significant influx of capital recently.

To put this into context, these ETFs have attracted over $4 billion in investments in just about three weeks. However, analysts believe that there is a reason why these inflows have not significantly affected Bitcoin’s value. They suggest that the capital is likely to have come mostly from traders engaging in arbitrage trading, rather than genuine demand for the asset.

[newsclickofficial]

Bitcoin (BTC), the flagship crypto asset, presently trades above $104,000 following a significant 10.98% price rally in the last week. Despite recent sideways movements after a rejection in the $105,700 zone, certain trading indicators signal this uptrend is likely to continue leading to new price discovery. Bitcoin Growth Hinges On Two Critical Resistance Levels In a recent post on X, renowned crypto analyst Burak Kesmeci shared an interesting forecast on the BTC market based on the Bitcoin Gold Ratio Multiplier. As the name implies, the Bitcoin Gold Ratio Multiplier measures the relation between BTC’s price and the value of gold, offering a perspective on market sentiment and price momentum.  It is used to assess the valuation of BTC relative to gold and can also identify potential mean reversion points by leveraging historical relationships and trends between both assets. According to Kesmeci, the Bitcoin Gold Ratio Multiplier has pinpointed $111,000 as the next major resistance level for the premier cryptocurrency due to historical trading patterns. Therefore, investors should anticipate a major price pullback as BTC approaches this price zone. However, strong market catalysts such as a strong institutional demand aa currently seen may sustain a price rally beyond this resistance.  Source: @burak_kesmeci on X On either side, this prediction indicates that Bitcoin potentially has more room to run despite recently facing rejection at $105,700. In addition, the current uptrend is likely to push BTC past its current all-time high of $108,268 leading to uncharted price zones. While $111,000 is seen as a critical short-term hurdle, the Bitcoin Gold Ratio Multiplier also identifies a long-term resistance at $139,000 represented by a red trend line.  In this context, the red trend level represents the line separating the current bull market phase from ah explosive growth phase. Burak Kesmeci postulates that the “real fun” will start if BTC bulls can push past $139,000 indicating the potential for a parabolic rally in comparison to previous price surges. BTC Price Overview At press time, Bitcoin trades at $104,887 after a 0.84% price decline in the last 24 hours. In addition, the asset’s daily trading volume has crashed by 29.30% falling to around $50.6 billion. Optimism around the leading cryptocurrency remains high as 2025 represents the final year of the bull cycle in which massive price surges have been historically recorded. This notion combined with the expectations of US pro-crypto policies following the inauguration of Donald Trump adds to the excitement around Bitcoin at the moment. Therefore, analysts continue to peg lofty price expectations for the crypto asset ranging from $145,000 to as high as $350,000. BTC trading at $104,873 on the daily chart | Source: BTCUSDT chart on Tradingview.com Featured image from  CCN, chart from Tradingview

[earlybirdsinvest]

Bitcoin Gold Ratio Multiplier Identifies Important Resistance at $111,000 – Details

Bitcoin (BTC), the flagship cryptocurrency, is currently trading above $104,000 following a massive 10.98% price increase over the past week. Despite the recent sideways movement after the rejection at the $105,700 zone, certain trading indicators indicate that this uptrend will likely continue and lead to new price discovery. Bitcoin Growth Depends on Two Critical Resistance Levels In a recent…

[coineagle]

Exploring Trump’s Bitcoin Investment: A Potential Boost After His Inauguration

Key Points

Bitcoin investors are anticipating changes in the cryptocurrency landscape with Donald Trump’s pro-crypto policies in his second term.

Market optimism stems from the potential for clearer regulatory frameworks and greater institutional adoption.

Investors in Bitcoin are eagerly awaiting the inauguration of Donald Trump on 20 January 2025. This event marks a significant moment as Trump is known for his recent shift towards pro-crypto policies.

Speculation is rife on whether this political event will trigger a new rally for Bitcoin or result in short-term profit-taking.

Market Optimism and Trump’s Inauguration

Donald Trump’s second term as U.S. President has reignited optimism in the cryptocurrency market. His pro-crypto stance, a dramatic shift from his earlier skepticism, has raised expectations for policies that could favor digital assets.

After Trump’s victory in the 2024 elections, Bitcoin rallied significantly, crossing $73,000 to climb as high as $108k as investor confidence grew.

The optimism is largely due to the potential for clearer regulatory frameworks and greater institutional adoption under his administration. These factors have led to heightened speculation that Bitcoin’s rally might extend further, especially with increased institutional participation.

Bitcoin’s Performance and Investor Sentiment

Since Trump’s 2024 victory, Bitcoin’s price has surged past $90,000, reflecting strong investor sentiment. Institutional inflows have played a crucial role, with the approval of Bitcoin spot ETFs serving as a catalyst for bullish momentum.

On-chain data, such as net outflows from exchanges, indicated significant accumulation by whales and institutional investors, reinforcing the long-term confidence in BTC.

The Options Open Interest Put/Call Ratio revealed an interesting shift in market sentiment. The rising preference for call options pointed to growing optimism about further price hikes. This trend aligns with the anticipation of favorable policies and innovation under Trump’s leadership.

Bitcoin’s Correlation with Gold and DXY

An analysis of Bitcoin’s correlation with Gold and the U.S. Dollar Index (DXY) offered some critical insights into its current market dynamics. Bitcoin’s positive correlation with gold underscores its role as a hedge against economic uncertainties.

Simultaneously, its inverse correlation with the DXY reflects Bitcoin’s sensitivity to dollar movements, where a weakening dollar could act as a tailwind for BTC.

These correlations underline Bitcoin’s evolving narrative as both a safe-haven asset and a speculative investment, depending on macroeconomic conditions. This duality uniquely positions BTC within the financial ecosystem, appealing to a broad range of investors.

Cautious Optimism – A ‘buy the news’ or ‘sell the news’ event?

Despite the optimism surrounding Trump’s pro-crypto rhetoric, caution is advised. Historical trends suggest that significant events often lead to profit-taking, resulting in short-term market volatility. The potential for a “sell the news” scenario cannot be ignored, especially given the speculative buying that has driven Bitcoin’s recent rally.

Moreover, uncertainties about Trump’s actual policy implementations loom large. While his campaign rhetoric was crypto-friendly, the market awaits tangible actions to validate these expectations. Any missteps could dampen the prevailing enthusiasm.

The Future for Bitcoin and the Crypto Market

The period leading up to Trump’s inauguration is expected to be a mix of optimism and uncertainty. Key factors, such as regulatory clarity, institutional behavior, and macroeconomic trends, will shape Bitcoin’s trajectory.

While Trump’s administration is expected to provide a supportive backdrop for digital assets, the sustainability of the current rally depends on how the market digests these developments.

Bitcoin’s unique position, with correlations to both gold and the DXY, adds an intriguing layer to its price dynamics. As the market anticipates Trump’s policies, Bitcoin could emerge as a standout performer in 2025, blending characteristics of both traditional safe-havens and high-growth assets.

Investors are now watching closely to determine whether Trump’s inauguration will catalyze a new crypto era or a short-lived speculative spike.

[arfacapital]

Global Market Highlights: December 18, 2024

APAC markets

Asian markets traded with mixed sentiment, as a cautious tone followed Wall Street's subdued performance. Key factors include the focus on the FOMC announcement and Chair Powell's press conference later today. - ASX 200: Flat performance, with gains in Real Estate, Tech, and Healthcare offset by losses in Financials. - Nikkei 225: Held in narrow ranges ahead of Thursday's BoJ decision, with Nissan surging 22% on merger talks with Honda, whose shares dropped 3%. - Hang Seng & Shanghai Composite: Outperformed despite limited newsflow, bolstered by optimism ahead of China's PBoC rate decision on Friday.

US pre-market

US stocks experienced risk aversion on Tuesday, with the Dow Jones underperforming compared to the S&P 500 and Nasdaq. Sectors leading losses included Industrials, Energy, and Financials, while Consumer Staples and Healthcare provided relative support.

Fixed income markets

US Treasuries: Treasury yields saw muted action ahead of the FOMC meeting: - 10-Year Yield: Closed marginally higher, with the benchmark 20-year bond auction seeing weaker demand compared to averages: - Bid-to-Cover Ratio: 2.50x (vs. 2.57x average). - High Yield: 4.686% (vs. 4.671% expected). German Bunds: Bund futures remained subdued, trading below 135.00, awaiting further economic and geopolitical developments.

Commodities

- Oil: Crude oil prices dropped, weighed by broader risk-off sentiment. Inventory data showed a larger-than-expected draw - Private Crude Inventories: -4.7M barrels (vs. -1.6M expected). - Gold: Gold traded flat around $2,650/oz, as markets held steady ahead of the FOMC's decision. - Copper: Copper prices slipped below $9,000/ton, reflecting cautious market sentiment.

Currencies

USD Performance: The US Dollar posted marginal gains, largely unaffected by the retail sales data, as markets awaited the FOMC's interest rate decision and updated projections. Key Movers: - Safe-haven currencies: JPY and CHF strengthened due to the broader risk-off sentiment. - Antipodeans (AUD, CAD, NZD): Declined on weak risk appetite, with the CAD also influenced by cooler Canadian CPI. - EUR: Weakened following mixed German economic data, particularly softer Ifo Business Climate and Expectations indices.

Crypto

Bitcoin saw significant losses overnight, falling below $104,000 despite no major headlines.

Fixed Income Markets

- US 10-Year Treasuries: Traded sideways ahead of the Fed's decision. - German Bunds: Held below 135.00, showing minimal movement in anticipation of economic updates.

Economic Highlights

- Federal Reserve Decision: The Federal Reserve is expected to announce a 0.25% rate cut today, bringing rates to 4.3%, while signaling fewer cuts in 2025 due to persistent inflation above the 2% target. Source: AP. - Mortgage Applications Decline: Mortgage applications dropped 0.7% last week as 30-year fixed rates rose to 6.75%. Refinancing demand decreased by 3%, though purchase applications rose 1%, up 6% YoY, fueled by increased inventory and economic optimism. Source: CNBC. - U.K. Inflation Rises: U.K. inflation increased to 2.6% in November, in line with forecasts, driven by higher energy costs and wage growth. Core inflation reached 3.5%, slightly below estimates. Source: CNBC. - Brazil Tax Reform:Brazil's Congress is advancing on tax and fiscal reform votes this week. - US Congress: Congressional leaders struck a bipartisan agreement to extend the government funding deadline to March 14, 2025, while allocating over $100 billion for emergency disaster aid.

World News & Politics

- Stopgap Government Funding Bill: Congress proposed a temporary funding bill extending through March 14, allocating $100.4 billion for disaster relief and $10 billion for farmers. Source: AP. - Ban on Junk Fees: The FTC banned hidden fees for tickets, hotels, and vacation rentals, requiring upfront disclosure of total prices. The policy may face reversal under the incoming administration. Source: CNBC. - Murder Indictment: Luigi Mangione was indicted for the murder of UnitedHealthcare CEO Brian Thompson, with charges including first-degree murder in furtherance of terrorism. Source: CNBC.

Geopolitical Updates

Middle East: - Reports indicate that the IDF is preparing for significant strikes in Yemen, pending Israeli government approval. - Israeli PM Netanyahu is reportedly traveling to Cairo to finalize a Gaza ceasefire agreement, though significant gaps remain between Israel and Hamas.

Corporate Highlights

- Honda and Nissan Merger Discussions: Honda (HMC) and Nissan (TYO:7201) are exploring a merger to strengthen investments in EVs and tackle declining sales in the U.S. and China. Honda's shares dropped 3%, while Nissan surged nearly 24%, its largest single-day gain in 40 years. Foxconn (TPE:2317) is reportedly pursuing a stake in the new venture. Sources: WSJ, CNBC, Bloomberg. - General Mills Slashes Forecast: General Mills (GIS) reduced its annual profit outlook, expecting a 1-3% decline due to increased promotions and reduced prices. Despite the forecast cut, Q2 revenue of $5.24B beat estimates, driven by a 3% increase in volumes. Shares were down 4% premarket. Source: Reuters. - Salesforce Expands AI Focus: Salesforce (CRM) plans to hire 2,000 additional sales staff to focus on its AI products, doubling its earlier commitment. The second generation of its AI Agentforce software will launch in February 2025. Shares rose 1% following the announcement. Source: CNBC. - Meta’s Ad Revenue Growth: Instagram is projected to account for over 50% of Meta's (META) U.S. ad revenue by 2025, driven by Reels and video monetization. A potential TikTok ban could further boost Instagram's growth. Source: Reuters. - Amazon Workers Threaten Strike: Amazon (AMZN) may face strikes from Teamsters union members during the holiday season, citing unsafe working conditions and a demand for union recognition. Source: BBC. - Starbucks Union Strike: Starbucks (SBUX) union members authorized a potential strike, with 98% support, ahead of final negotiations for the year. Starbucks expressed a commitment to productive talks. Source: CNBC. - Federal Probes into SpaceX: SpaceX and Elon Musk are under investigation for failing to report foreign meetings and other violations of security rules. Musk was recently denied high-level security clearance by the Air Force. Source: NY Times. - Databricks Raises $10B: AI Startup Databricks secured $10 billion in funding, valuing the company at $62 billion, surpassing rival Snowflake's market cap. Thrive Capital led the funding round. Source: NY Times. - Grubhub Settles with FTC: Grubhub (AMS:TKWY) agreed to a $25 million settlement over deceptive practices, including hidden fees and unauthorized restaurant listings. Refunds will be issued to affected customers. Source: CNBC.

Recent Earnings Recap

- General Mills (GIS): Revenue: $5.24B (+1.97% YoY, beats by $100M); EPS: $1.40 (+12.00% YoY, beats by $0.18). - HEICO (HEI): Revenue: $1.01B (+8.28% YoY, misses by $16M); EPS: $0.99 (+33.78% YoY, beats by $0.01). - Jabil (JBL): Revenue: $6.99B (-16.61% YoY, beats by $384M); EPS: $2.00 (-23.08% YoY, beats by $0.12). - Birkenstock (BIRK): Revenue: $500.93M (+22.88% YoY, beats by $61.64M); EPS: $0.32 (+128.57% YoY, beats by $0.06). - ABM Industries (ABM): Revenue: $2.18B (+4.01% YoY, beats by $97M); EPS: $0.90 (-10.89% YoY, beats by $0.03).

Upcoming Earnings

- Today: Micron Technology (MU), Lennar (LEN). - Tomorrow: Accenture (ACN), Nike (NKE), Cintas (CTAS), FedEx (FDX). - Friday: Carnival Corporation (CCL).

IPO Activity

Confirmed Today: - YSX Tech. Co., Ltd (YSXT): Revenue: $54.56M, growth: 63.28% YoY. - New Century Logistics (BVI) Limited (NCEW): Revenue: $52.15M, growth: -4.69% YoY. Estimated Upcoming: - Thursday: Health In Tech, Inc. (HIT); Range Capital Acquisition Corp. (RANG); Leishen Energy Holding Co., Ltd. (LSE). - Friday: Park Ha Biological Technology Co., Ltd. (PHH); Fast Track Group (FTRK).

Market Outlook and Future Events

The focus will remain on the Fed’s policy stance and market reaction to Chair Powell's guidance for 2025. Additionally, geopolitical developments and corporate earnings will influence sentiment heading into the end of the week. Read the full article

[cryptogirl2024]

Hey folks! It has been over 24 hours since Bitcoin made another milestone. Crossing over $107K, the coin has broken potential challenges and has surged, arousing investor interest. With the Fear and Greed Index at 81, indicating extreme greed, the market is geared up for a massive rally. 

Notably, with its surge, the coin surpassed gold in key metrics. According to the Bitcoin-gold ratio, the coin increased by 40 ounces. The ratio is the price of Bitcoin divided by the spot price of gold. This will show the amount of ounces of gold required to buy one Bitcoin. Based on Monday’s report, an ounce of gold is $2,664. Market observers stated that if Bitcoin persists, the next target would be 89 ounces of gold.

As Bitcoin made another achievement, MicroStrategy’s (MSTR) founder, Michael Saylor, hinted at another purchase. Since 2020, Saylor has been acquiring Bitcoin and has accumulated nearly 423,650 Bitcoins worth $25.6 billion, each priced at $60,324. Just last week, Saylor bought about 21,550 Bitcoins for $2.1 billion. Each BTC was priced at $98,783. Considering Bitcoin as a ‘digital capital,’ the MSTR founder buys the crypto at every given opportunity. 

[virtualcurrencyspace]

Bitcoin To Gold Ratio Climbs To All Time High

Bitcoin’s meteoric rise has rewritten the narrative of global asset dominance, as its value relative to gold reached unprecedented levels this week.

The Bitcoin-to-gold ratio—an indicator comparing the value of Bitcoin to an ounce of gold—surged to an all-time high, marking a significant shift in how investors perceive Bitcoin compared to traditional safe-haven assets.

https://www.ccn.com/news/crypto/bitcoin-gold-ratio-all-time-high-institutions-drive-demand/

[blockinsider]

Bitcoin’s Surge Towards $108K: The New Gold Standard in Crypto?

Key Points

Bitcoin’s price is predicted to reach $108K as its value surpasses that of gold.

Bitcoin ETFs are expected to surpass gold amid rising institutional interest.

Bitcoin has hit a new all-time high, with the total market cap of the cryptocurrency peaking at $3.67 trillion. As buying pressure continues to increase, experts anticipate further growth into uncharted price levels.

Meanwhile, other cryptocurrencies, such as Ethereum, are also gaining momentum, with Ethereum’s price exceeding $4,000. As the bullish pressure mounts, the price gap between Bitcoin and gold continues to widen.

Bitcoin’s Worth Surpasses Gold

With Bitcoin recording a new all-time high, the Bitcoin-to-gold ratio has also reached a new peak. The ratio currently stands at 40.04, indicating that nearly 40 ounces of gold are required to purchase a single Bitcoin.

Independent chart trader, Peter Dant, highlighted the new all-time high for the Bitcoin-to-gold ratio in a recent tweet. The significant rally and short-term surge have resulted in a price increase of over 10% in the past five days.

Dant’s chart analysis suggests that the Bitcoin-to-gold ratio could potentially reach 89.33 in the future. This implies that a single Bitcoin could be worth 89 ounces of gold, underscoring its rising dominance over traditional assets.

Bitcoin ETFs Outperform Gold

HODL 15 Capital recently shared that BlackRock’s iShares Bitcoin ETF (IBIT) has become the second-best-performing US ETF. This milestone further validates institutional interest in Bitcoin as an asset class.

With assets under management (AUM) worth $54.983 billion, IBIT has surpassed the iShares Gold Trust, which manages $34.205 billion. Second only to SPDR Gold Shares (GLD), with an AUM of $75.535 billion, IBIT has grown by an impressive 117.5% year-to-date. This reflects Bitcoin’s emergence as a preferred investment over traditional gold-backed ETFs.

The total net assets under the 12 US spot Bitcoin ETFs have reached $114.97 billion, with a weekly net inflow of $2.17 billion. This continuous inflow highlights the increasing confidence in Bitcoin ETFs among institutional investors.

In a recent interview, former President Donald Trump announced plans to create a Bitcoin strategic reserve, comparing it to the US oil reserve. This initiative is part of a broader effort to position Bitcoin as a strategic asset.

Bitcoin’s Price Predicted to Reach $108K

Bitcoin’s price trend in the 4-hour chart shows a growing rally within a rising channel pattern. Despite a bearish reversal from the overhead trendline, Bitcoin’s price is still struggling for a breakout rally.

At present, Bitcoin’s price is forming a bearish 4-hour candle after nine consecutive bullish candles. Despite the short-term supply surge near the trendline, the positive trend in the MACD and signal reveals underlying strength.

Moreover, continued support from the ETFs could fuel the bull run. In such a case, a breakout rally could reach the R1 pivot resistance level at $108,301. On the other hand, the crucial support level at $101,275 remains strong.

[newsclickofficial]

The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the Bitcoin price peaked above $106,000 on Dec. 16.

[coineagle]

Brandt Forecasts Bitcoin to Eclipse Gold Performance by 122%

Key Points

Bitcoin [BTC] is outperforming gold, with an analyst predicting an additional 122% rally against the global reserve asset.

The market’s expectation of a US BTC reserve has increased by 10 points.

Bitcoin [BTC] has been outperforming gold since November, with predictions of an extra 122% rally against the global reserve asset.

According to technical chartist and trader, Peter Brandt, one might soon need 89 ounces of gold to buy 1 single BTC coin.

Brandt’s Projection

Brandt’s projection is based on the bullish cup and handle formation on the BTC/gold ratio chart.

The BTC/gold ratio, which tracks the relative performance of BTC against gold, recently hit a new high of 39 and broke above resistance, which could make the bullish 89 target possible.

Since November, BTC has outperformed gold by 60%, with the BTC/GLD ratio soaring from 25 to 40.

The impressive BTC performance was accelerated by the win of pro-crypto Donald Trump in the US presidential elections.

US BTC Reserve

One of the upcoming administration’s pledges was to set up a national BTC reserve, which many market insiders believe could happen on day 1.

According to Strike CEO Jack Mallers, the president-elect was exploring a ‘day 1 executive order for a BTC reserve.’

This could accelerate Brandt’s breakout projection of 89 for the BTC/gold. This implied about 230K per BTC if hit.

At press time, prediction markets were pricing a 35% chance of Donald Trump creating a BTC reserve within the first 100 days of his administration.

This was a 10% jump from last week’s odds, suggesting the market was increasingly optimistic of such an outcome.

If created, BTC could aggressively compete with gold as a global reserve asset.

Whether Brandt’s $230K per BTC target will be hit this cycle remains to be seen.

Most asset managers had a $150K-$200K price target for this cycle.

Meanwhile, BTC hit a new all-time high of $106.6K and was valued at $105K ahead of the Fed rate decision on the 18th of December.

[starseedfxofficial]

Underground Secrets to ETHUSD News Trading Success The Underground Trader’s Guide to ETHUSD News Trading When it comes to news trading with ETHUSD, most people stick to surface-level insights—like watching major economic indicators or keeping an eye on Ethereum’s latest updates. But if you’re here, you’re not looking for "most people" advice. You’re ready to dive deep into the lesser-known, ninja-level strategies that separate seasoned pros from the average trader. And let’s face it—nobody wants to be "that trader" who sells on good news and buys on bad, only to watch their trade nosedive like a sitcom character who just realized they locked themselves out of their own apartment. But enough jokes (for now). Let’s uncover the real secrets to mastering ETHUSD news trading. Why Most News Traders Fail (And How You Can Avoid It) The truth is, most traders misinterpret market reactions to news. A bullish Ethereum update doesn’t always mean ETHUSD prices will skyrocket, just like eating kale every day doesn’t automatically make you healthy. Here’s why: - Market Expectations: If a piece of news has been widely anticipated, the market may have already "priced it in." This means the reaction you’re expecting has already happened before the news is even announced. - Whipsaw Volatility: The initial spike (or dip) after a news release can fool you. Often, the market’s true direction emerges hours or even days later. - Herd Mentality: Many traders follow the crowd—a classic mistake. Instead, focus on contrarian insights, like identifying the times when the herd is likely wrong. Pro Tip: Use tools like the Economic Calendar from reliable sources to keep tabs on upcoming news events. But here’s the twist: filter for "high impact" events specifically related to Ethereum and the broader crypto market—these are your goldmines. The Secret Weapon: Correlation Analysis Here’s something most traders miss: the ETHUSD pair doesn’t move in isolation. Its price often correlates with Bitcoin (BTC), traditional indices like the S&P 500, or even global commodities like gold. For example: - A sudden rise in BTC could indicate ETHUSD will follow suit. But—and this is crucial—the timing might lag. This creates opportunities to enter ETHUSD positions just before momentum builds. - Watch USD strength. If the dollar weakens after major U.S. economic news, ETHUSD could rise as the “USD” in the pair becomes less valuable. - Monitor Ethereum’s network metrics, such as gas fees or staking participation. These indicators often foreshadow market sentiment shifts. Insider Tactic: Overlay ETHUSD with BTCUSD charts to spot divergences. When BTC is surging but ETH is lagging, it’s often a prime opportunity to enter ETHUSD long positions before the price "catches up." News Trading Strategies for ETHUSD: Beyond the Basics Here’s where the magic happens—three unconventional yet effective strategies for trading ETHUSD during news events. - Straddle Trading Strategy - How it works: Place a buy order above the current price and a sell order below, just before a major news release. - Why it’s effective: ETHUSD often reacts sharply to news. A straddle strategy allows you to catch the move regardless of direction. - Pro Tip: Use tight stop-losses to minimize risks from whipsaws. Aim for a 2:1 reward-to-risk ratio. - News Sentiment Analysis - How it works: Analyze social media platforms, forums, and crypto news outlets for sentiment trends. Tools like LunarCrush or Nansen can help. - Why it’s effective: Sentiment often drives short-term price movements. A spike in positive sentiment can be a precursor to price rallies. - Pro Tip: Combine sentiment data with volume analysis to confirm whether the "hype" is backed by real buying activity. - The "Delayed Reaction" Play - How it works: Instead of jumping in immediately after news breaks, wait for the first wave of reactions to settle. Look for consolidation patterns or key support/resistance levels before entering. - Why it’s effective: This avoids whipsaws and lets you ride the trend once it’s confirmed. - Pro Tip: Use Fibonacci retracements to identify potential entry points during consolidation. Advanced Insights: The Role of Blockchain Metrics Want to level up your ETHUSD news trading? Pay attention to Ethereum’s blockchain metrics: - Gas Fees: Sudden spikes often indicate network congestion, which can lead to short-term price increases as traders rush to adjust positions. - Staking Metrics: Higher staking participation usually signals long-term bullish sentiment for Ethereum. - Whale Movements: Track wallet activities of Ethereum whales using on-chain analysis tools like Glassnode. Large inflows to exchanges often precede sell-offs, while large withdrawals can signal accumulation. Turning Insights Into Action ETHUSD news trading isn’t about chasing every headline; it’s about understanding the deeper patterns and using advanced tactics to stay ahead. By combining correlation analysis, unconventional strategies, and blockchain metrics, you’ll not only trade smarter but also avoid the pitfalls most traders stumble into. And remember, while news trading is an art, it’s also a science. Stay disciplined, manage your risks, and don’t let FOMO turn your trades into costly sitcom plot twists. Ready to take your skills to the next level? Check out these tools and resources: - Latest Economic Indicators and Forex News: Stay informed with real-time updates at StarseedFX Forex News Today. - Forex Education: Expand your knowledge with advanced strategies at StarseedFX Free Forex Courses. - Community Membership: Get expert analysis and daily alerts at StarseedFX Community. - Free Trading Plan: Build a roadmap to success at StarseedFX Free Trading Plan. - Free Trading Journal: Refine strategies with actionable metrics at StarseedFX Free Trading Journal. - Smart Trading Tool: Automate your trades and optimize performance at StarseedFX Smart Trading Tool. —————– Image Credits: Cover image at the top is AI-generated Read the full article

[cryptogirl2024]

The Bitcoin-to-gold ratio reached its highest point on December 16, when Bitcoin hit over $106,000. The price of one Bitcoin to gold, a popular and significant marker, rose to 40 ounces. This is definitive of Bitcoin’s continuing trend as the leading digital currency in the global financial market.

Peter Brandt Highlights Record

On Monday, in an X post, Analyst Peter Brandt highlighted the new record on X and the importance of the Bitcoin to gold ratio. This metric is simply the price of Bitcoin divided by the spot price of gold. This shows the amount of ounces of gold that would be used in the purchase of one Bitcoin. As of 16th December, an ounce of gold is trading at about $2,664, contributing to the heightened ratio.

[upbonline7]

 The Risks of Stablecoins: What You Need to Know with UPB

In recent years, stablecoins have rapidly gained a grip in the crypto space, in some cases, being referred to as ‘the safe asset’ during the ups and downs of other digital currencies. Stablecoins are designed to offer stability by linking their value to external assets such as the American dollar or gold. Nonetheless, despite their perceived stability, stablecoins have their risks. With this in mind, let us examine some of the hazards you need to be aware of, especially while considering adopting stablecoins with UPB Crypto Bank, Universal Payment Bank (UPB), or Cross Chain Payment solutions of UPB. 

1. Constraints on Decentralization and Issues of Trust 

While cryptocurrencies, for the most part, can be characterized by their decentralized construct, a feature that is largely present in the Bitcoin system, this is not the case with so many stablecoins whose value is pegged to some currency and have a managing body that is tasked with controlling and holding reserves that correspond to the value of the coins they issue. As noted previously, this approach to regulation – structural or suchlike – creates a system whereby it is possible to have a single failure point, which opens up possibilities for poor management and even scams. In such cases where users are offered services of a centralized organization, in this case, UPB Crypto Bank, it is important to cover such an institution with sufficient regulation and ensure that it provides transparent reserves management to avoid adverse events. 

2. Lack of clarity in regulations 

As the regulations surrounding cryptocurrencies continue to change, much emphasis is placed on stablecoins. Many governments and financial institutions are targeting stablecoins pegged to other currencies. For example, a country that outlaws or severely restricts the use of stablecoins will undermine the worth and the utility of the UPB coin and its related crypto-payment services. Furthermore, regulators could seek to introduce further restrictions on stablecoins to restrict their encroachment on the AI currency, which would affect the business operations of firms like UPB. 

3. Risks of Reserve Management and Redemption 

As a standard practice, stablecoin issuers are expected to keep a reserve of sufficiently backing the stablecoins they have issued at a ratio of 1:1. Otherwise, most of them have not been able to provide such transparency about their reserves, hence the concern whether they can ever indeed enable redemptions in times of crisis. The inability to redeem your UPB Token or the UPB coin at the specified fiat value could result in huge losses. Companies such as UPB must enforce ample reserve protection and transparent auditing practices to benefit users. 

4. Risks of Operational and Technical Nature 

Most frequently, stablecoins would operate on a blockchain system that could be prone to hacking especially where cross-chain or UPI crypto transactions are involved. In addition, as with any other digital payment method, wallets can be hacked, or some bug within the smart contract can be triggered. For instance, if you are a user of UPB Cross Chain Payment, then the level of risk will be higher because the stablecoin will have to be used within different blockchains, each introducing its risks. 

5. Financial Stability Issues 

The trust and economic underpinnings of stablecoins are important in preserving their pegs for deaths. If stablecoins were to lose faith and monetary value, a situation of “run” where all stablecoin holders try to cash out their stables would lead to losses in stable coin value. For a crypto banking institution such as UPB, that could cause liquidity challenges or a customer burnout crisis. Stability can only be achieved while there is market confidence, and this can vary just like any other financial product. 

Conclusion 

Although they bring significant advantages, including facilitating cryptocurrency payments and working seamlessly with Universal Payment Bank systems, stablecoins also carry risks. Users should stay alert by realizing the relative nature of stablecoin value stabilization, which mostly relies on external trust and regulation. When exceptionally high levels of risk are incurred, for example, when USDC stablecoins are deposited in UPB Crypto Bank, pay attention to the dangers, especially the regulatory environment, reserves, and operational risks.