Gold
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Since the beginning of the year, gold ETFs have lost $2.4 billion 🔪
The outflow of funds from gold ETFs is related (https://twitter.com/EricBalchunas/status/1757767035134660987) to the current decline in the price of the precious metal, and many traders are also waiting for the correction to intensify.
The crypto market has its own legend: we are waiting for Wall Street to start dumping gold and buying bitcoin ETFs instead 😇
By the way, spot BTC ETFs are traded (https://twitter.com/coingecko/status/1758079791042031813) in the US, Europe, Canada, Brazil, Australia and Malaysia. The US is the latest to join the race, but it has 83% market share.
Will China come out? 😠
#ETFBitcoin #ETFsApproval #Bitcoin #Gold
The outflow of funds from gold ETFs is related (https://twitter.com/EricBalchunas/status/1757767035134660987) to the current decline in the price of the precious metal, and many traders are also waiting for the correction to intensify.
The crypto market has its own legend: we are waiting for Wall Street to start dumping gold and buying bitcoin ETFs instead 😇
By the way, spot BTC ETFs are traded (https://twitter.com/coingecko/status/1758079791042031813) in the US, Europe, Canada, Brazil, Australia and Malaysia. The US is the latest to join the race, but it has 83% market share.
Will China come out? 😠
#ETFBitcoin #ETFsApproval #Bitcoin #Gold
📈 Just as predicted! 🚀 #GOLD_UPDATE
4 hours ago, I forecasted Gold Spot (XAU/USD) to dip to the 2,327.20 mark and it hit precisely that! 🔥
Accurate market analysis is key. 🧠✨
Stay tuned for more precise insights. #Gold #Trading #CryptoExperts #MarketAnalysis
Follow for more winning predictions! 🏆
4 hours ago, I forecasted Gold Spot (XAU/USD) to dip to the 2,327.20 mark and it hit precisely that! 🔥
Accurate market analysis is key. 🧠✨
Stay tuned for more precise insights. #Gold #Trading #CryptoExperts #MarketAnalysis
Follow for more winning predictions! 🏆
In a groundbreaking development, Bitxgold, the cryptocurrency fully backed by physical gold, achieved the prestigious Halal certification on th 21st October, 2023.
In a historic milestone for both the cryptocurrency and Islamic finance worlds, Bitxgold has emerged as the first-ever gold-backed cryptocurrency to receive the coveted Halal certification. This certification signifies not only a technological achievement but also a harmonious convergence of ancient Islamic financial principles with cutting-edge blockchain technology.
---Upholding Shariah Compliance---
Conceived and developed by a team of blockchain experts and Islamic finance professionals, Bitxgold places paramount importance on adhering to Shariah principles. Its blockchain transparency not only ensures airtight security but also promotes financial ethics in line with Islamic teachings, such as the prohibition of usury and unjust practices.
---Empowering Islamic Finance---
Bitxgold provides devout investors with a gateway to the cryptocurrency market without the need to compromise their moral compass. This groundbreaking development sets the stage for a more inclusive digital investment landscape, aligning perfectly with the goals of Islamic finance to foster a fair and egalitarian financial environment.$
The achievement of Halal certification by Bitxgold represents a remarkable confluence of history and technology. It redefines the boundaries of Islamic finance and the broader digital economy by offering a pathway to cryptocurrency engagement that aligns seamlessly with Islamic ideals. This milestone not only solidifies Bitxgold's position as a pioneer in the cryptocurrency space but also paves the way for a more inclusive and ethical financial future.
ethical financial future, thanks to one man’s vision Shahram Zandy Moghadam the founder and the CEO of Bitxgold.
$BTC $ETH $BNB #BTC🔥🔥 #solana #Gold #Shariah-compliant
In a historic milestone for both the cryptocurrency and Islamic finance worlds, Bitxgold has emerged as the first-ever gold-backed cryptocurrency to receive the coveted Halal certification. This certification signifies not only a technological achievement but also a harmonious convergence of ancient Islamic financial principles with cutting-edge blockchain technology.
---Upholding Shariah Compliance---
Conceived and developed by a team of blockchain experts and Islamic finance professionals, Bitxgold places paramount importance on adhering to Shariah principles. Its blockchain transparency not only ensures airtight security but also promotes financial ethics in line with Islamic teachings, such as the prohibition of usury and unjust practices.
---Empowering Islamic Finance---
Bitxgold provides devout investors with a gateway to the cryptocurrency market without the need to compromise their moral compass. This groundbreaking development sets the stage for a more inclusive digital investment landscape, aligning perfectly with the goals of Islamic finance to foster a fair and egalitarian financial environment.$
The achievement of Halal certification by Bitxgold represents a remarkable confluence of history and technology. It redefines the boundaries of Islamic finance and the broader digital economy by offering a pathway to cryptocurrency engagement that aligns seamlessly with Islamic ideals. This milestone not only solidifies Bitxgold's position as a pioneer in the cryptocurrency space but also paves the way for a more inclusive and ethical financial future.
ethical financial future, thanks to one man’s vision Shahram Zandy Moghadam the founder and the CEO of Bitxgold.
$BTC $ETH $BNB #BTC🔥🔥 #solana #Gold #Shariah-compliant
A lot of people in #crypto want to get rich quick. Why not use a conservative investment strategy?
If you buy gold then collateralize it and borrow conservatively 25-50% LTV and then use the loan to buy $BTC bitcoin
then you have a long term strategy.
#Gold has had an annual interest/return of 8% the last many years.
Gold is better than the #dollar which is shrinking in buying power due to inflation.
Gold within the last 30 years has only had a small period of years where it has fallen 33% in price.
Gold has an annual demand from the jewelry business, central banks, and also private consumers and investors.
You should buy $PAXG then borrow against it and buy crypto for the loan.
Once you have made money on crypto you pay back the loan, buy more gold and then take a new loan and reinvest into crypto.
The risk factor is all up to you. The most conservative #investment is to buy gold and then collateralize it into crypto.
If you buy gold then collateralize it and borrow conservatively 25-50% LTV and then use the loan to buy $BTC bitcoin
then you have a long term strategy.
#Gold has had an annual interest/return of 8% the last many years.
Gold is better than the #dollar which is shrinking in buying power due to inflation.
Gold within the last 30 years has only had a small period of years where it has fallen 33% in price.
Gold has an annual demand from the jewelry business, central banks, and also private consumers and investors.
You should buy $PAXG then borrow against it and buy crypto for the loan.
Once you have made money on crypto you pay back the loan, buy more gold and then take a new loan and reinvest into crypto.
The risk factor is all up to you. The most conservative #investment is to buy gold and then collateralize it into crypto.
🚨Analyzing Gold-USD Chart🚨
🗣️In the realm of contracting triangles, a noteworthy observation emerges: A waves within these triangles exhibit heightened volatility but are comparatively brief. A new rule is considered, suggesting that when wave-a is part of reverse alternation within a contracting triangle, its duration might surpass that of wave-b.
👉Neowave Theory Projection for Gold's Time Relationship
Last week's analysis, utilizing Neowave theory, projected that wave e is poised to conclude between the first and second vertical green lines. This projection implies a potential significant downturn for Gold to validate the scenario. However, a crucial condition is outlined—Gold must peak below this year's high for this outlook to remain valid.
👉Caution: All-Time High Impact
It's imperative to highlight that any movement above the all-time high could trigger substantial changes in the overall outlook and structural analysis. Vigilance is advised as the chart evolves, considering the potential implications of such a shift.
#BTC #Gold #ETH
🗣️In the realm of contracting triangles, a noteworthy observation emerges: A waves within these triangles exhibit heightened volatility but are comparatively brief. A new rule is considered, suggesting that when wave-a is part of reverse alternation within a contracting triangle, its duration might surpass that of wave-b.
👉Neowave Theory Projection for Gold's Time Relationship
Last week's analysis, utilizing Neowave theory, projected that wave e is poised to conclude between the first and second vertical green lines. This projection implies a potential significant downturn for Gold to validate the scenario. However, a crucial condition is outlined—Gold must peak below this year's high for this outlook to remain valid.
👉Caution: All-Time High Impact
It's imperative to highlight that any movement above the all-time high could trigger substantial changes in the overall outlook and structural analysis. Vigilance is advised as the chart evolves, considering the potential implications of such a shift.
#BTC #Gold #ETH
