The post Gold vs Bitcoin Investment: Which Asset Will Perform Better in 2025? appeared first on Coinpedia Fintech News Bitcoin is considered as digital gold. Yesterday, the Bitcoin price dropped by around 6.37% – the most severe drop since the March 3 decline of 8.53%. Currently, at $82,362.27, the BTC market is struggling to recover from yesterday’s correction. Interestingly, Bloomberg Economics’ analysis of the gold-to-BTC ratio reveals what could be expected in the gold-BTC market in the coming days. The price of gold now stands at $2,909.42. The gold-to-Bitcoin ratio now stands at 0.034. The analysis suggests that there is a high chance for a sharp shift in the gold-to-BTC ratio in the near future. Dive in for more details! Gold-to-Bitcoin Ratio Could Drop A drop in the gold-to-BTC ratio means the price of gold has decreased in comparison to the price of BTC. In early March 2024, the gold-to-BTC ratio was very close to its current level. In early September 2024, it touched the yearly peak of 0.047. In late November 2024, when the US political landscape shifted in favour of the crypto industry, the ratio was at 0.029. On the first day of this year, the ratio was around 0.028. Though in late January 2025, it slipped to as low as 0.026, in February, it showcased constant growth. On February 26, it touched a peak of 0.035. Currently, the ratio remains at 0.034. Notably, in February, when the ratio experienced steep growth, the BTC market recorded a severe drop of 17.5%. A post on X by Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, suggests that there is a chance of the gold-to-Bitcoin ratio declining in the coming days. Gold $3,000, Bitcoin $70,000? The ounces of #gold equal to a #Bitcoin at about 28x on March 9 is at risk of dropping toward 21x, based on Bloomberg Economics' model. My bias is leaning that way, especially if the US #stockmarket reverses some of last year's almost $12 trillion… pic.twitter.com/tWrftnGyhi — Mike McGlone (@mikemcglone11) March 9, 2025 Bitcoin May Gain Strength Over Gold What McGlaone’s post indicates is that Bitcoin could become more valuable than gold in the coming days. The analyst states that if the US stock market falls, it may affect gold and Bitcoin. In the last month, the S&P 500 has recorded a fall of 4.87%. In the last week alone, the market has plummeted by over 3.50%. The YTD performance of the S&P 500 market remains at 1.68%. In conclusion, Bloomberg’s analysis suggests that Bitcoin may gain more value compared to gold in the coming days, especially if the US stock continues to decline. The recent shifts in the gold-to-BTC ratio highlight Bitcoin’s potential strength. If the trend follows past patterns, Bitcoin’s price could rise while gold’s comparative value declines.
Weekly flows for spot Bitcoin ETFs remained negative for the fourth consecutive week as macroeconomic factors continued to weigh heavily on investor sentiment. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded another week of outflows from March 3-5, with nearly $800 million exiting the funds. This follows a record outflow week that saw over $2.61 billion in redemptions, extending the negative flow streak to four consecutive weeks with total net outflows exceeding $4.5 billion. Notably, Bitcoin ETFs recorded net negative flows throughout last week, starting with $74.19 million on Monday, followed by $143.43 million, $38.3 million, $134.26 million, and culminating in the largest outflow of $409 million on Friday. On the final day of the week, ARK and 21Shares’ ARKB led the outflows with $160.03 million, followed closely by Fidelity’s FBTC, which saw $154.89 million withdrawn by investors. Other major ETF issuers, including BlackRock’s IBIT, Grayscale’s GBTC, and Bitwise’s BITB, also experienced outflows of $39.85 million, $36.46 million, and $18.6 million, respectively. VanEck’s HODL was the only fund to buck the trend, recording a modest inflow of $619.55K. Meanwhile, the nine spot Ethereum funds also reported two consecutive weeks of negative flows, with $455 million exiting the funds, reflecting broader bearish sentiment in the crypto market. You might also like: Bitcoin tumbles to $80K as Trump’s economic policies stir debate Despite widespread anticipation that the White House Crypto Summit could provide a boost to the market, Bitcoin ETFs continued their downward trend. Analysts attribute this decline to ongoing macroeconomic concerns, particularly President Donald Trump’s trade tariffs and overall economic uncertainty, which appear to be shaking investor confidence in digital assets. Some experts suggest that strategic market shifts are also contributing to the sell-off. One prevailing theory is that hedge funds have been capitalizing on low-risk arbitrage trades between Bitcoin spot ETFs and CME futures. As these trades unwind, liquidity is drying up, leading to increased selling pressure and exacerbating ETF outflows. Another factor influencing Bitcoin’s recent price swings is Trump’s announcement of the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. While many traders expected the Crypto Summit to be a bullish event, Bitcoin’s ( BTC ) price instead dropped from $90,000 to $85,000 following the signing of the executive order. According to Kadan Stadelmann, CTO of Komodo, Bitcoin ETFs are experiencing major outflows despite the creation of the Strategic Bitcoin Reserve due to a classic case of “buy the rumor, sell the news.” In such scenarios, assets typically rise in anticipation of an event but decline once it materializes. Stadelmann noted that speculation about the Strategic Bitcoin Reserve began in July 2024 when Trump first mentioned the initiative. By the time the official announcement was made during Thursday’s Crypto Summit, the market had already priced it in, leading to a sell-off. He added that in these situations, “people who are less informed, connected, and monied often buy the news and lose money.” Additionally, the summit took place during a challenging time for the market, with concerns over trade tariffs compounding existing worries about inflation, a slowing real estate market, weak consumer spending, and declining savings. Read more: Bitcoin to $1m? JAN3 CEO predicts faster timeline with White House support
Ethereum price once again faces strong selling pressure crashing under $2,000 earlier today, and opening the gates for another 75% drop to $1,250 levels. Over the last week, ETH has lost more than 16%, thereby extending its year-to-date losses to more than 37%, suggesting a strong bearish sentiment for the altcoin. On the other hand, the Ethereum ETF outflows have also surged last week, suggesting dropping institutional interest. Will Ethereum Price Crash Further From Here? The world’s largest altcoin Ethereum (ETH) has come under strong bearish grip eroding all of its gains following the US Presidential election in November 2024. Crypto analyst Ali Martinez highlighted that Ethereum is breaking down of a parallel channel, a technical pattern that suggests bearish price action ahead. If Ethereum price fails to hold this support, it can crash by another 75% all the way to $1,250 levels. Source: Ali Martinez Today’s ETH price drop comes amid the broader crypto market correction as market liquidations soar to more than $600 million as per the Coinglass data . Additionally, the ETH open interest has dropped by 2.67% to $19 billion, hinting bearish sentiment among futures traders. Ethereum Liquidations Skyrocket The Ethereum market faced significant turbulence yesterday, with over $230 million in long positions liquidated, according to crypto analyst Ali Martinez. The wave of liquidations has shaken out overleveraged traders, highlighting the current market volatility surrounding the altcoin. Source: Ali Charts Furthermore, the institutional interest in Ethereum has been falling fast. During the last week, the total outflows from spot Ethereum ETFs surged over $120 million. Despite this fall, crypto market analysts continue to stay bullish for ETH expecting it to kickstart its recovery journey again. Will ETH Recover Anytime Soon? Despite the bearish onslaught over the past few weeks, market analysts continue to be bullish about an Ethereum price recovery in the coming days. Crypto analyst Ali Martinez reports that Ethereum’s largest whales have purchased 330,000 ETH in the past 48 hours, signaling strong accumulation by major holders. Source: Ali Martinez Additionally, over 600,000 ETH have been withdrawn from crypto exchanges in the last week, pointing to a potential shift toward long-term holding. These trends highlight growing confidence among large investors and reduced selling pressure on exchanges. For Ethereum momentum to shift on the upside, the bulls must reclaim $2,460 resistance. A massive 10.95 million investors hold ETH at these levels, and thus, investors need to break past this to trigger a rally to the upside. Crypto trader and analyst Crypto Patel has expressed bullish sentiment on Ethereum (ETH), emphasizing his strategy of buying during market dips. “Buying $ETH on every dip for $10k/ETH,” Patel shared. He believes that this is the last opportunity for accumulation before Ethereum’s next major price surge. The post Ethereum Price Crash to $1,250 Likely As ETH Loses Key Support appeared first on CoinGape .
World’s largest banks and fintechs are racing to launch their own stablecoins which are digital currencies pegged to…
As economic indicators loom, Bitcoin (BTC) may see fluctuating fortunes this week, influenced by US job reports and inflation metrics. Traders anticipate that varying data points will either enhance the
El Salvador has continued its aggressive Bitcoin buying strategy despite pressure from the International Monetary Fund (IMF) to halt purchases, increasing its holdings to 6,111 BTC. El Salvador Defies IMF, Continues Bitcoin Accumulation The Central American country added 6 BTC to its reserves on Sunday, bringing its total holdings to 6,111.18 BTC, worth about $504 million at current market prices. That’s up from 6,072 BTC on Feb. 9, according to the country’s Bitcoin Office. IMF Agreement and Rising Tensions El Salvador reached a $1.4 billion loan agreement with the IMF in December, with the total financial package expected to exceed $3.5 billion. As part of the deal, the country agreed to reduce its Bitcoin engagement in exchange for financing. In January, the Salvadoran Legislative Assembly passed a bill to comply with IMF requirements tied to the loan. On March 3, the IMF released a new report reinforcing the expectation that El Salvador will limit government involvement in Bitcoin-related activities. Bukele Remains Firm on Bitcoin Strategy Despite these agreements, President Nayib Bukele has made it clear that El Salvador will not stop accumulating Bitcoin. In a March 5 post on X (formerly Twitter), Bukele countered speculation that the country would abandon its Bitcoin-first approach. “No, it won’t stop,” Bukele wrote. “If it didn’t stop when the world shut us out and most ‘bitcoinists’ abandoned us, it won’t stop now and it won’t stop in the future.” El Salvador became the first country to accept Bitcoin as legal tender in September 2021, a move that initially drew criticism from global financial institutions including the IMF and the World Bank. The government has since launched initiatives such as Bitcoin-backed bonds and a volcanic-powered Bitcoin mining operation. Despite concerns from the IMF and credit rating agencies, the Bukele administration continues to frame Bitcoin adoption as a long-term strategy for financial independence and economic growth. *This is not investment advice. Continue Reading: El Salvador Continues to Buy Bitcoin Despite IMF! Here is the Latest Bitcoin Purchase Amount!
On March 10th, COINOTAG reported significant revelations from cryptocurrency media firm Blockworks regarding its editorial team’s digital asset holdings. As of March 3rd, a mere three out of thirteen editors
In the vast digital world dominated by cryptocurrencies, a new star is shining: cloud mining. The phenomenon is changing the cryptocurrency landscape, attracting investors eager to dive into the lucrative waters of Bitcoin and Ethereum without having to go through the high costs of traditional mining . However, cloud mining offers the tantalizing prospect of high-return passive income. Unlike traditional mining, which requires high-end hardware investment and extensive technical knowledge, cloud mining platforms such as BCH Miner enable seamless cryptocurrency profits in a further simplified or even hands-off manner. Is this the ultimate solution for those trying to stay ahead of the curve? Let’s take a deeper look. Why choose BCH Miner BCH Miner is more than just a mining website , it has revolutionized the world of cryptocurrency investment. The company was founded in 2016 and is headquartered in Newport. BCH Miner has become one of the most profitable and secure cloud mining services for investors . It serves more than 5 million users worldwide with its user-friendly service and opens investment mining to all users without any technical or financial barriers and without initial investment: mining Bitcoin or any other well-known cryptocurrency How is BCH Miner different from other mining platforms? Its advanced AI technology optimizes mining efficiency and ensures that users get the most out of it. In addition, 24/7 technical support is provided to solve any problems that may arise during the transaction. This dedication to customer service is designed to build trust and ensure that users’ needs are fully met. Earning $ 88,500 a day is no longer a dream! How to start mining with BCH Miner Step 1: Register and claim your free bonus The registration process is simple. Enter your email, set a password, and you are ready to go. Once your account is activated, you will receive a $10 bonus that can be used immediately to start mining. Step 2 : Choose a suitable mining plan BCH Miner provides flexible contracts to meet different needs: Basic contract: Investment amount: $100, maturity payoff : $100 + $ 8 Basic contract: Investment amount: USD 600 , maturity income : USD 600 + USD 46 Smart Contract: Investment Amount: $ 30,000 , Expiration Profit : $ 30,000 + $ 900 Senior contract : Investment amount: $15,000, maturity income: $15,000 + $13,080 Super Contract : Investment Amount: USD 100,000, Expiration Return: USD 100,000 + USD 77,400 For more contract details, please visit the official website: https://www.btxminer.com Step 3: Fund your account Choose from a variety of payment methods, including USDT-TRC20, BTC, ETH, LTC, USDC, USDT-ERC20, BCH, Doge Coin, XRP, SOL. Step 4: Start mining and track your progress Mining starts automatically once your account is funded. BCH Miner’s dashboard provides real-time updates showing your hash rate, earnings, and withdrawal status. Mining rewards are automatically credited every 24 hours, and you can withdraw your earnings in just 1-5 minutes. What makes BCH miners stand out in a crowded market? While cloud mining platforms are not new, BCH Miner raises the bar with features that cater to the needs of both beginners and experienced miners. 1. Transparent payment system many platforms that hide behind vague terms or charge exorbitant fees , BCH Miner does not charge any extra fees. Advanced security measures Security vulnerabilities could ruin miners , BCH Miner uses cold wallet storage : 90% of funds are stored offline, minimizing the risk of cyber attacks. BCH Miner ’ s Referral Program : You can get up to $30,000 in bonuses every month. This program does not require any upfront costs and allows you to easily achieve network profitability. Summarize: Entering the world of cloud mining can be a rewarding venture. With careful effort and strategic planning, you can safely harness its potential. Embrace the digital revolution and start mining today! If you need more information, please visit the BCH Miner official website: https://www.btxminer.com/ Download the app: https://bchmimer.info/download/
North Korea’s Lazarus hackers have pulled off another major crypto laundering operation, successfully cashing out $300 million from their record-breaking $1.5 billion heist on crypto exchange ByBit, according to blockchain analytics company Elliptic. The cybercriminals, working for the North Korean regime, swiped the funds two weeks ago in what has become the single largest crypto hack in history. Despite global efforts to track and freeze the stolen assets, at least 20% of the stolen money has vanished. The stolen funds are being funneled through an elaborate laundering process, with experts warning that the money is likely funding North Korea’s nuclear and military programs. Source: Elliptic Crypto analysts tracking the movements say the hackers are working nonstop, using sophisticated tools to evade detection. “Every minute matters for the hackers who are trying to confuse the money trail, and they are extremely sophisticated in what they’re doing,” said Tom Robinson, co-founder of Elliptic. ByBit’s security breach allowed Lazarus to hijack funds The ByBit attack happened on February 21, when Lazarus infiltrated one of ByBit’s suppliers. The hackers secretly changed the destination of a massive 401,000 ETH transfer, making ByBit send the funds straight into their hands instead of its own wallet. The criminals took advantage of the loophole before the exchange even realized what had happened. ByBit CEO Ben Zhou confirmed that no customer funds were affected, but the company had to replenish the stolen money through investor loans. $150K worth of stolen assets, now frozen and seized. Source: Elliptic “We are waging war on Lazarus,” Ben said, announcing a bounty program where people can earn rewards for helping track and freeze the stolen funds. So far, 20 people have received a total of $4 million in rewards for helping recover $40 million of the stolen crypto. The strategy relies on the fact that all transactions are recorded on a public blockchain, making it possible to trace the movement of the stolen money. But the problem is that Lazarus is too good at laundering crypto. Lazarus is using crypto exchanges to cash out stolen funds While ByBit and other exchanges are actively freezing stolen funds, not all crypto companies are cooperating. One exchange, eXch, has been accused of allowing Lazarus to cash out more than $90 million. ByBit and other firms have called out Johann Roberts, the owner of eXch, for not acting fast enough to block the criminals. Roberts, however, denies the accusations. Over email, he admitted that eXch did not initially freeze the stolen funds, claiming that his company was in a long-standing dispute with ByBit and wasn’t sure the funds were from the hack. He now says eXch is cooperating, but at the same time, he criticized the push for more regulation, arguing that it compromises the privacy and anonymity of crypto. The U.S. and its allies blame North Korea for dozens of crypto hacks over the years, using stolen funds to support the country’s sanctions-hit economy. Lazarus was previously focused on hacking banks, but in the last five years, crypto exchanges have become their primary target. Dr. Dorit Dor, a cybersecurity expert at Check Point, says North Korea has perfected the art of cybercrime. “North Korea is a very closed system and closed economy, so they created a successful industry for hacking and laundering, and they don’t care about the negative impression of cybercrime,” she said. The ByBit hack is just the latest in a long list of Lazarus attacks, including the 2019 UpBit hack ($41 million stolen), the 2020 KuCoin hack ($275 million stolen, most recovered), the 2022 Ronin Bridge attack ($600 million stolen), and the 2023 Atomic Wallet breach ($100 million stolen) The U.S. has added Lazarus members to its Cyber Most Wanted list, but the chances of anyone getting arrested are slim unless they leave North Korea. Despite international sanctions and law enforcement tracking their every move, Lazarus is still pulling off some of the biggest heists in the world—and cashing out. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
The Utah Senate passed HB230, emphasizing user rights in cryptocurrency management. The controversial Bitcoin reserve plan was omitted due to financial risk concerns. Continue Reading: Utah Senate Approves New Cryptocurrency Legislation, Elevating User Rights The post Utah Senate Approves New Cryptocurrency Legislation, Elevating User Rights appeared first on COINTURK NEWS .