Gold buying boom mirrors Bitcoin’s momentum: Deutsche Bank
Gold has hit its highest share of central bank reserves in decades, potentially shaping Bitcoin’s path as a future reserve asset, according to Deutsche Bank.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Gold has hit its highest share of central bank reserves in decades, potentially shaping Bitcoin’s path as a future reserve asset, according to Deutsche Bank.
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
Bank of Japan sees highest lending growth since COVID as rate hikes reshape crypto carry trade
Japan's lending growth and rate hikes could reshape global financial dynamics, impacting real estate and crypto markets amid infla...
Ethereum’s treasury boom now has one company nearing 5% of supply
Ethereum treasury company BitMine said it now holds 5,742,237 ETH, or 4.8% of Ethereum's (ETH) 120.7 million token supply, putting...
Whale Buying Hints at Bitcoin Bottom After Worst Month Since 2022 — 3 Signals to Watch
Three signals may determine whether bitcoin’s worst month since 2022 marks a bottom, as tighter central bank policy, inflation pre...
Bitcoin ETFs draw $500M but weak demand leaves rebound exposed
US spot Bitcoin exchange-traded funds drew nearly $500 million across the last two trading sessions, giving traders their first cl...
Bankers file suspicious activity report over Farage’s £5M gift from Tether billionaire
The scrutiny over Farage's gift highlights growing concerns about crypto's influence in politics and the need for regulatory clari...
Kraken Pursues a Full Banking License in Europe, With Lithuania as Its Target Jurisdiction
Kraken is seeking a full banking license in Europe, focusing on Lithuania as the jurisdiction where it hopes to secure the designa...