Central banks buying gold at record levels, but Bitcoin still outperforms
Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
$1.3B iTrust Capital CEO: 50% of Clients are Buying Bitcoin | Kevin Maloney
Bitcoin Magazine $1.3B iTrust Capital CEO: 50% of Clients are Buying Bitcoin | Kevin Maloney Are investors putting cash back to wo...
VanEck’s Matthew Sigel: Path to $500k BTC Runs Through Gold
Bitcoin Magazine VanEck’s Matthew Sigel: Path to $500k BTC Runs Through Gold Bitcoin miners with power contracts may own one of th...
Google Gemini AI Predicts Chainlink (LINK) to Hit $300 by 2027
Google Gemini AI predicts that, assuming a full-blown crypto bull market returns and is turbocharged by a landmark catalyst, LINK...
Solana Foundation Offers Banks Open-Source Code to Settle Tokenized Trades in One Step
When a bank or fund trades a security, the rule known as delivery-versus-payment means the security and the money are exchanged to...
Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges
Bitcoin Magazine Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges Payment volume processed on crypto ca...
Genius Group Restarts Bitcoin Buying With 10 BTC Purchase
TL;DR Genius Group has restarted Bitcoin purchases, buying 10 BTC for approximately $854,000. The company paid an average of $85,3...