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1Bitget Daily Digest (May 20)｜SEC Delays Decision on Solana ETF Applications; Strategy Acquires 7,390 BTC Last Week2Is Bitcoin Still Profitable? Analysts Argue Over BTC’s Future3Solana Price Eyes $200 Breakout As It Holds Firm Despite Broader Market Dip
Central banks’ gold stash now at 12.1% – A level unseen since the 90s
Share link:In this post: Central banks now hold 12.1% of the world’s gold reserves, the highest since the 90s, with China, India, Turkey, and Poland leading purchases. Gold prices hit a record $2,772 per ounce this week, up 33% this year, and outperformed major stock markets since 2022. Political and economic shifts are pushing countries to rely less on the dollar, with rising demand for gold as a stable, “safe haven” asset.
Cryptopolitan·2024/10/27 12:44
US and Nigeria Collaborate to Combat Crypto Crime
HappyCoinNews·2024/10/27 08:22
XRP Holds Strong at $0.51 Support, Can Bulls Push the Price Higher?
Cryptonewsland·2024/10/27 07:44
Bitcoin ETF Inflows Near $1B This Week Alone as Investors Double Down
Cryptonewsland·2024/10/27 07:44
Analyzing Optimism’s Short-Term Target: Can OP Reach $1.96 Soon?
Cryptonewsland·2024/10/27 07:44
Solana’s Price Breaks Record Against Ethereum: Will ETH Reestablish Its Dominance?
Cryptonewsland·2024/10/27 07:44
These 3 Altcoins Will Explode in the 2025 Crypto Bull: LINK, SUI, NEAR
Cryptonewsland·2024/10/27 07:44
Here’s Why GOAT, NOT, and SCR are Trending This Weekend
Cryptonewsland·2024/10/27 07:44
Collins Capital: Crypto's future rise depends on the expansion of industry infrastructure
Ke Yin's layout and strategy in the blockchain industry
BlockBeats·2024/10/27 02:31
Top 3 Artificial Intelligence (AI) Coins of the Fourth Week of October 2024
BeInCrypto·2024/10/27 02:11
Flash
- 19:21Analyst: Crypto Policy Remains a Key Catalyst, Focus on Upcoming Trump Dinner and Vance SpeechAccording to The Block, President Trump has issued two executive orders related to cryptocurrency since taking office. Despite several deadlines having passed, the government has yet to release any meaningful updates on their progress. Analysts at K33 indicate that the development of crypto policy remains a key catalyst, and participants should watch for potential developments in strategic Bitcoin reserves in the coming days. Although the deadlines for several executive orders have passed without public announcements of progress, analysts believe that the Memecoin event held by Trump on May 22 and Vice President JD Vance's keynote speech at the Bitcoin 2025 conference on May 28 may provide new information.
- 19:20Musk: No Regrets About Engaging in PoliticsMusk stated that he does not regret his involvement in politics. The Department of Government Efficiency retained all projects of any value.
- 19:20CME's XRP Futures Reach $19 Million in Trading Volume on First DayCME Group launched XRP futures on Sunday, marking its fourth cryptocurrency product following Bitcoin, Ethereum, and Solana. CME reported that the nominal trading volume on the first day exceeded $19 million. XRP futures offer micro contracts (2,500 XRP) and large contracts (50,000 XRP), both cash-settled and anchored to the CME CF XRP-USD reference rate. Solana futures went live in March with a first-day trading volume of $12.3 million. Hidden Road cleared the first XRP futures trade, and its president, Noel Kimmel, stated, "This is a significant milestone for Hidden Road and marks the continued adoption of digital assets by institutions."