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Midday News Update #Web3 🏗 NYSE-listed Cango invests $256M in Bitmain #BTC☀ miners, achieving a total hash rate of 32 EH/s. 📉 $2.735B in $BTC and $ETH options, with max pain at $102K and $3,800, to expire on Dec 20. 🏆 Galaxy CEO: Bitcoin’s market cap could surpass gold’s within 5-8 years, now at 14% of gold’s valuation. 🔗 Binance’s Yi He clarifies that $BNB is not the sole focus of Binance Alpha’s support initiatives. 💸 Trader turns $700 into $1.8M in 7 hours, profiting 2,571x on 48M $UFD tokens via pump.fun. #BitcoinMining #Gold #BinanceAlpha #UFD
Midday News Update #Web3

🏗 NYSE-listed Cango invests $256M in Bitmain #BTC☀ miners, achieving a total hash rate of 32 EH/s.

📉 $2.735B in $BTC and $ETH options, with max pain at $102K and $3,800, to expire on Dec 20.

🏆 Galaxy CEO: Bitcoin’s market cap could surpass gold’s within 5-8 years, now at 14% of gold’s valuation.

🔗 Binance’s Yi He clarifies that $BNB is not the sole focus of Binance Alpha’s support initiatives.

💸 Trader turns $700 into $1.8M in 7 hours, profiting 2,571x on 48M $UFD tokens via pump.fun.

#BitcoinMining #Gold #BinanceAlpha #UFD
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Bullish
$PAXG {spot}(PAXGUSDT) Update 🪙 PAXG, a gold-backed crypto, is under selling pressure with a -1.88% dip, trading at $2,605. The price touched a 24H low of $2,597 after dropping from a high of $2,661. 📊 Market Snapshot: 24H High: $2,661 24H Low: $2,597 Volume (PAXG): 2,381.86 Volume (USDT): 6.28M 💡 Key Insight: Watch for price action around $2,600. A breakdown below this support may test lower levels, while a recovery toward $2,650 could signal renewed strength. Stay cautious and manage stop-losses wisely. #PAXG #Gold #CryptoTrading #TradingUpdates
$PAXG
Update 🪙

PAXG, a gold-backed crypto, is under selling pressure with a -1.88% dip, trading at $2,605. The price touched a 24H low of $2,597 after dropping from a high of $2,661.

📊 Market Snapshot:

24H High: $2,661

24H Low: $2,597

Volume (PAXG): 2,381.86

Volume (USDT): 6.28M

💡 Key Insight: Watch for price action around $2,600. A breakdown below this support may test lower levels, while a recovery toward $2,650 could signal renewed strength. Stay cautious and manage stop-losses wisely.

#PAXG #Gold #CryptoTrading #TradingUpdates
Bitcoin to Gold ratio: 🔥🔥Very Intuitive.... #bitcoin☀️ #Gold

Bitcoin to Gold ratio: 🔥🔥

Very Intuitive....
#bitcoin☀️
#Gold
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Bullish
$PAXG {spot}(PAXGUSDT) /USDT Holding Steady with Gains 🌟 PAXG is currently trading at $2,661 (+0.23%), showing resilience with a 24H high of $2,675 and a low of $2,647. Key Levels to Watch: 🔹 24H High: $2,675 🔹 24H Low: $2,647 💡 Next Move: A push above $2,666 could retest the $2,675 resistance, while support at $2,656 remains crucial for stability. Watch closely for momentum in upcoming sessions. #PAXG #Gold #CryptoTrading #PAXGUSDT #Binance
$PAXG
/USDT Holding Steady with Gains 🌟

PAXG is currently trading at $2,661 (+0.23%), showing resilience with a 24H high of $2,675 and a low of $2,647.

Key Levels to Watch:
🔹 24H High: $2,675
🔹 24H Low: $2,647

💡 Next Move:
A push above $2,666 could retest the $2,675 resistance, while support at $2,656 remains crucial for stability. Watch closely for momentum in upcoming sessions.

#PAXG #Gold #CryptoTrading #PAXGUSDT #Binance
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Bullish
#Bitcoin is pumping. #Gold is dumping. We all know what the best asset in the world truly is...
#Bitcoin is pumping.

#Gold is dumping.

We all know what the best asset in the world truly is...
Average Trader:
soon btc will follow path of gold
🚨 Robert Kiyosaki Predicts Historic Crash: Sell Homes, Stocks, and Bonds NOW! 🚨Renowned financial expert and author of Rich Dad Poor Dad, Robert Kiyosaki, is sounding the alarm on what he believes will be the biggest crash in history. With over 32 million copies of his book sold, Kiyosaki has a track record of bold predictions — and this one is warning you to act NOW. Kiyosaki's message? The Baby Boomers are in danger. Their reliance on traditional assets like homes, stocks, and bonds leaves them vulnerable to the upcoming financial storm. “When the stock market bursts, boomers will be the biggest losers,” he says. Prepare for a massive crash that could hit their retirement savings hard. 💥 Kiyosaki’s Advice: If you’re a child of a boomer, NOW is the time to take action. Sell those homes, stocks, and bonds before prices plummet. The financial storm is coming, and it's time to buy gold, silver, and bitcoin—the only assets he believes will hold value in this economic upheaval. 🏠 Why the Panic? Kiyosaki links the aging Baby Boomer generation to the potential collapse of the real estate, stock, and bond markets. He believes that boomers’ retirement plans are about to get decimated, leaving millions unprepared for their golden years. As he puts it, “If I were a boomer, I wouldn’t count on my home or 401(k) to survive.” 🔮 The Prediction: A massive economic downturn fueled by excessive debt and money printing. A crash so severe that it will make the 2008 financial crisis look small. Kiyosaki urges you to act fast before the boomers are left holding the bag. 🚨 The Urgency Is Real: Kiyosaki’s forecast isn’t just another theory. He’s advising everyone to prepare NOW by investing in gold, silver, and bitcoin—real assets that can withstand the coming storm. Forget about relying on traditional assets like homes or retirement plans; it’s time for a paradigm shift. 🛑 The question is: Will you be ready when the crash hits? Or will you be left scrambling to pick up the pieces? The time to prepare is NOW. 🔥 #XRPGoal #bitcoin☀️ #Gold #Silver #MarketCrash

🚨 Robert Kiyosaki Predicts Historic Crash: Sell Homes, Stocks, and Bonds NOW! 🚨

Renowned financial expert and author of Rich Dad Poor Dad, Robert Kiyosaki, is sounding the alarm on what he believes will be the biggest crash in history. With over 32 million copies of his book sold, Kiyosaki has a track record of bold predictions — and this one is warning you to act NOW.
Kiyosaki's message? The Baby Boomers are in danger. Their reliance on traditional assets like homes, stocks, and bonds leaves them vulnerable to the upcoming financial storm. “When the stock market bursts, boomers will be the biggest losers,” he says. Prepare for a massive crash that could hit their retirement savings hard.
💥 Kiyosaki’s Advice:
If you’re a child of a boomer, NOW is the time to take action. Sell those homes, stocks, and bonds before prices plummet. The financial storm is coming, and it's time to buy gold, silver, and bitcoin—the only assets he believes will hold value in this economic upheaval.
🏠 Why the Panic?
Kiyosaki links the aging Baby Boomer generation to the potential collapse of the real estate, stock, and bond markets. He believes that boomers’ retirement plans are about to get decimated, leaving millions unprepared for their golden years. As he puts it, “If I were a boomer, I wouldn’t count on my home or 401(k) to survive.”
🔮 The Prediction:
A massive economic downturn fueled by excessive debt and money printing.
A crash so severe that it will make the 2008 financial crisis look small.
Kiyosaki urges you to act fast before the boomers are left holding the bag.
🚨 The Urgency Is Real:
Kiyosaki’s forecast isn’t just another theory. He’s advising everyone to prepare NOW by investing in gold, silver, and bitcoin—real assets that can withstand the coming storm. Forget about relying on traditional assets like homes or retirement plans; it’s time for a paradigm shift.
🛑 The question is: Will you be ready when the crash hits? Or will you be left scrambling to pick up the pieces?
The time to prepare is NOW. 🔥
#XRPGoal #bitcoin☀️ #Gold #Silver #MarketCrash
Gold or Bitcoin? A Modern Investment DilemmaIn 2024, investors are choosing between two distinctive assets: gold, a time-tested store of value, and Bitcoin $BTC , an innovative digital currency. Gold’s historical stability and physical presence make it appealing to conservative investors, while Bitcoin offers growth potential and technological innovation, drawing those with a higher risk tolerance. This comparison provides insights into the strengths, market behaviors, and potential roles of gold and Bitcoin in your investment strategy. Historical Background Gold’s Legacy as a Store of Value Gold has symbolized wealth for thousands of years, valued for its scarcity and durability. After the gold standard was dropped in 1971, gold continued as a stable investment, retaining its status as a store of value. Bitcoin’s Emergence Bitcoin, introduced in 2009, revolutionized finance with its decentralized, blockchain-based model. Capped at 21 million coins, Bitcoin’s fixed supply, transparency, and potential for high returns made it a popular, though volatile, choice for modern investors. Key Investment Considerations Gold: The Reliable Safe Haven Gold’s stability during economic downturns makes it a preferred choice for those seeking security. It serves as an inflation hedge, maintaining purchasing power over time: • Gold’s price has historically outpaced inflation, making it reliable for long-term value retention. • A $100 investment in gold in 1971 would be worth over $4,000 today. Bitcoin: The High-Growth Asset Bitcoin’s scarcity model and decentralization offer a unique growth opportunity: • With a limited supply and “halving” events that decrease its new supply, Bitcoin’s value may appreciate as demand increases. • Its decentralized structure allows peer-to-peer transactions without central authority, ensuring transparency. Market Behavior and Technical Aspects Volatility and Stability • Gold: Low volatility, with daily changes of 0.5-1%, appeals to conservative investors. • Bitcoin: High volatility, with price swings of 5-10% and frequent sensitivity to news events, suits high-risk investors seeking rapid gains. Correlation with Traditional Markets Gold and Bitcoin exhibit different relationships with other assets: • Gold: Often negatively correlated with the US dollar and low-correlation with stock markets, making it an effective diversification tool. • Bitcoin: Variable correlations with assets like tech stocks, though it is increasingly independent of traditional markets. Performance During Economic Crises Both gold and Bitcoin have shown resilience, though in different ways: • During the COVID-19 pandemic, gold held steady, while Bitcoin rebounded quickly after a sharp initial drop. • In the 2022 inflation surge, gold provided stability, while Bitcoin saw significant fluctuations, highlighting their differing roles in times of uncertainty. Investment Strategy: Choosing Gold or Bitcoin A balanced approach can utilize the strengths of both assets. 1. Risk Tolerance • Gold: Ideal for those seeking stability. • Bitcoin: Suitable for investors with a higher risk appetite. 2. Investment Horizon • Short-Term: Bitcoin’s price swings offer profit potential. • Long-Term: Gold’s steady appreciation supports wealth preservation. 3. Portfolio Diversification Gold provides traditional stability, while Bitcoin adds exposure to the digital economy, offering a unique blend of growth and preservation. Conclusion: Striking a Balance Gold and Bitcoin offer distinct benefits for investors today. Gold brings stability and long-standing value, while Bitcoin represents a high-growth option in the digital age. By incorporating both assets into a diversified portfolio, you can enjoy gold’s security and Bitcoin’s growth potential, positioning yourself well for an evolving financial landscape. Consider your goals, risk tolerance, and investment horizon to create a balanced strategy that aligns with your financial objectives. #Bitcoin #Gold #CryptoAMA #ComparativeAnalysis

Gold or Bitcoin? A Modern Investment Dilemma

In 2024, investors are choosing between two distinctive assets: gold, a time-tested store of value, and Bitcoin $BTC , an innovative digital currency. Gold’s historical stability and physical presence make it appealing to conservative investors, while Bitcoin offers growth potential and technological innovation, drawing those with a higher risk tolerance.
This comparison provides insights into the strengths, market behaviors, and potential roles of gold and Bitcoin in your investment strategy.
Historical Background
Gold’s Legacy as a Store of Value
Gold has symbolized wealth for thousands of years, valued for its scarcity and durability. After the gold standard was dropped in 1971, gold continued as a stable investment, retaining its status as a store of value.
Bitcoin’s Emergence
Bitcoin, introduced in 2009, revolutionized finance with its decentralized, blockchain-based model. Capped at 21 million coins, Bitcoin’s fixed supply, transparency, and potential for high returns made it a popular, though volatile, choice for modern investors.
Key Investment Considerations
Gold: The Reliable Safe Haven
Gold’s stability during economic downturns makes it a preferred choice for those seeking security. It serves as an inflation hedge, maintaining purchasing power over time:
• Gold’s price has historically outpaced inflation, making it reliable for long-term value retention.
• A $100 investment in gold in 1971 would be worth over $4,000 today.
Bitcoin: The High-Growth Asset
Bitcoin’s scarcity model and decentralization offer a unique growth opportunity:
• With a limited supply and “halving” events that decrease its new supply, Bitcoin’s value may appreciate as demand increases.
• Its decentralized structure allows peer-to-peer transactions without central authority, ensuring transparency.
Market Behavior and Technical Aspects
Volatility and Stability
• Gold: Low volatility, with daily changes of 0.5-1%, appeals to conservative investors.
• Bitcoin: High volatility, with price swings of 5-10% and frequent sensitivity to news events, suits high-risk investors seeking rapid gains.
Correlation with Traditional Markets
Gold and Bitcoin exhibit different relationships with other assets:
• Gold: Often negatively correlated with the US dollar and low-correlation with stock markets, making it an effective diversification tool.
• Bitcoin: Variable correlations with assets like tech stocks, though it is increasingly independent of traditional markets.
Performance During Economic Crises
Both gold and Bitcoin have shown resilience, though in different ways:
• During the COVID-19 pandemic, gold held steady, while Bitcoin rebounded quickly after a sharp initial drop.
• In the 2022 inflation surge, gold provided stability, while Bitcoin saw significant fluctuations, highlighting their differing roles in times of uncertainty.
Investment Strategy: Choosing Gold or Bitcoin
A balanced approach can utilize the strengths of both assets.
1. Risk Tolerance
• Gold: Ideal for those seeking stability.
• Bitcoin: Suitable for investors with a higher risk appetite.
2. Investment Horizon
• Short-Term: Bitcoin’s price swings offer profit potential.
• Long-Term: Gold’s steady appreciation supports wealth preservation.
3. Portfolio Diversification
Gold provides traditional stability, while Bitcoin adds exposure to the digital economy, offering a unique blend of growth and preservation.
Conclusion: Striking a Balance
Gold and Bitcoin offer distinct benefits for investors today. Gold brings stability and long-standing value, while Bitcoin represents a high-growth option in the digital age. By incorporating both assets into a diversified portfolio, you can enjoy gold’s security and Bitcoin’s growth potential, positioning yourself well for an evolving financial landscape.
Consider your goals, risk tolerance, and investment horizon to create a balanced strategy that aligns with your financial objectives.
#Bitcoin #Gold #CryptoAMA #ComparativeAnalysis
Did you know that USDT isn't the only Tether token? Tether also issues stablecoins tied to other major FIAT currencies! 💡 EURT is tied to the Euro, MXNT to the Mexican Peso, and CNHT to the Chinese Yuan. These provide traders with more options to diversify their holdings beyond the USD! 🌍 But that's not all - Tether even offers a stablecoin representing the price of gold! 🪙💰 If you’re considering an alternative to physical gold investments, XAUT could be worth looking into. However, keep in mind that owning physical gold may still be a safer choice for long-term security. #Tether #USDT #Stablecoin #Gold #Stable
Did you know that USDT isn't the only Tether token? Tether also issues stablecoins tied to other major FIAT currencies! 💡

EURT is tied to the Euro, MXNT to the Mexican Peso, and CNHT to the Chinese Yuan. These provide traders with more options to diversify their holdings beyond the USD! 🌍

But that's not all - Tether even offers a stablecoin representing the price of gold! 🪙💰

If you’re considering an alternative to physical gold investments, XAUT could be worth looking into. However, keep in mind that owning physical gold may still be a safer choice for long-term security.

#Tether #USDT #Stablecoin #Gold #Stable
HBO will reveal the true identity of Satoshi Nakamoto in less than 1 hour! People treat $BTC like #DigitalGold , which is why so many are invested in #Bitcoin . #Gold is a precious gift from God, and just like gold, #BTC is limited in supply. Gold was gifted by God, while Bitcoin was a gift to the world by #SatoshiNakamoto . The Bitcoin network and system are operated by people, allowing anyone to be part of the network and mine Bitcoin. We have never seen God or Satoshi Nakamoto, and since both are unknown creators, we trust in gold and Bitcoin, believing no one will cheat us. However, if Satoshi Nakamoto’s real identity is revealed, I believe #Bitcoin won’t hold its current value and could drop significantly. {spot}(BTCUSDT)
HBO will reveal the true identity of Satoshi Nakamoto in less than 1 hour!

People treat $BTC like #DigitalGold , which is why so many are invested in #Bitcoin .

#Gold is a precious gift from God, and just like gold, #BTC is limited in supply.

Gold was gifted by God, while Bitcoin was a gift to the world by #SatoshiNakamoto .

The Bitcoin network and system are operated by people, allowing anyone to be part of the network and mine Bitcoin.

We have never seen God or Satoshi Nakamoto, and since both are unknown creators, we trust in gold and Bitcoin, believing no one will cheat us.

However, if Satoshi Nakamoto’s real identity is revealed, I believe #Bitcoin won’t hold its current value and could drop significantly.
JPMorgan analysts have released a compelling report predicting a surge in retail interest for both Bitcoin and gold should Donald Trump secure victory in the upcoming U.S. presidential election. Led by Managing Director Nikolaos Panigirtzoglou, the team highlights how a Trump win could intensify the "debasement trade," where investors flock to these assets as a hedge against currency devaluation. Notably, October has already seen significant inflows into Bitcoin ETFs, totaling $4.4 billion, indicating a robust appetite among retail investors for alternative assets. Despite some caution from institutional investors, the potential for increased retail trading in Bitcoin and gold presents an exciting opportunity for market participants. As we approach the election, the dynamics of these markets could shift dramatically based on the outcome. #Bitcoin #Gold #Trump2024 #RetailInvesting #MarketTrends
JPMorgan analysts have released a compelling report predicting a surge in retail interest for both Bitcoin and gold should Donald Trump secure victory in the upcoming U.S. presidential election. Led by Managing Director Nikolaos Panigirtzoglou, the team highlights how a Trump win could intensify the "debasement trade," where investors flock to these assets as a hedge against currency devaluation. Notably, October has already seen significant inflows into Bitcoin ETFs, totaling $4.4 billion, indicating a robust appetite among retail investors for alternative assets.

Despite some caution from institutional investors, the potential for increased retail trading in Bitcoin and gold presents an exciting opportunity for market participants. As we approach the election, the dynamics of these markets could shift dramatically based on the outcome.

#Bitcoin #Gold #Trump2024 #RetailInvesting #MarketTrends
$BTC Bitcoin is a powerhouse, with $BTC leading 2024 annual returns, far outpacing other sectors. Even $ETH and #Gold can't compete!
$BTC

Bitcoin is a powerhouse, with $BTC leading 2024 annual returns, far outpacing other sectors. Even $ETH and #Gold can't compete!
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Bullish
#GOLD Vs #BTC Seeing in bigger picture, currently #Gold and #Bitcoin are both following a multi-year Cup and Handle pattern! Gold has broken out, and Bitcoin looks ready to follow, likely by end of August or early September. With BTC's RSI at 56, similar to Gold's prior to its breakout, there's plenty of space for upward momentum, which means we are still early. Eventually $BTC will surprise us as well as altcoins. #dyor $ETH $BNB
#GOLD Vs #BTC

Seeing in bigger picture, currently #Gold and #Bitcoin are both following a multi-year Cup and Handle pattern! Gold has broken out, and Bitcoin looks ready to follow, likely by end of August or early September.
With BTC's RSI at 56, similar to Gold's prior to its breakout, there's plenty of space for upward momentum, which means we are still early. Eventually $BTC will surprise us as well as altcoins. #dyor

$ETH $BNB
Donald Trump 2024 #Bitcoin Conference Speech Recap: • On day one I will fire Gary Gensler and appoint a new #SEC chairman. • Create a US Government strategic national Bitcoin stockpile if elected. • US Government will keep 100% of Bitcoin it owns • Bitcoin is going to the moon. • Never sell your Bitcoin • Bitcoin will one day probably surpass the market cap of #Gold . • I reaffirm my pledge to commute Ross Ulbricht's sentence. • There will never be a #CBDC while I am President of the United States. • Bitcoin and crypto will skyrocket like never before if elected president. • Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar. • The United States will be the crypto capital of the planet and the Bitcoin superpower of the world. • Bitcoin stands for freedom, sovereignty, and independence from government coercion and control. • I pledge to the Bitcoin community that the day I take oath of Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over. $BTC
Donald Trump 2024 #Bitcoin Conference Speech Recap:

• On day one I will fire Gary Gensler and appoint a new #SEC chairman.

• Create a US Government strategic national Bitcoin stockpile if elected.

• US Government will keep 100% of Bitcoin it owns

• Bitcoin is going to the moon.

• Never sell your Bitcoin

• Bitcoin will one day probably surpass the market cap of #Gold .

• I reaffirm my pledge to commute Ross Ulbricht's sentence.

• There will never be a #CBDC while I am President of the United States.

• Bitcoin and crypto will skyrocket like never before if elected president.

• Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar.

• The United States will be the crypto capital of the planet and the Bitcoin superpower of the world.

• Bitcoin stands for freedom, sovereignty, and independence from government coercion and control.

• I pledge to the Bitcoin community that the day I take oath of Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over.

$BTC
Iranian President Ibrahim Reisi Passes Away: Gold, Silver, and Bitcoin React 🌍 Global Impact: The tragic helicopter crash resulting in the deaths of Iranian President Ibrahim Reisi and Foreign Minister Hussein Emir Abdullahiyan has shocked the world and influenced financial markets overnight. Precious Metals Surge: - Gold: The yellow metal continues its upward trend, hitting a record high of over $2,440 per ounce. 📈🏅 - Silver : Following suit, silver, which surpassed $30 an ounce last week for the first time in 11 years, rose further to exceed $32. 📈✨ Bitcoin's Rollercoaster: - Initial Dip Bitcoin experienced a brief decline, dropping from $67,000 to $66,000 following the news. 📉💥 - Subsequent Recovery: The cryptocurrency quickly rebounded, climbing back above $67,000 by morning. 📈🚀 Market Reactions Awaited: The incident's full impact on today's markets remains to be seen, with investors closely monitoring developments. #Gold #Silver #Bitcoin #Binance #Iran
Iranian President Ibrahim Reisi Passes Away: Gold, Silver, and Bitcoin React

🌍 Global Impact:

The tragic helicopter crash resulting in the deaths of Iranian President Ibrahim Reisi and Foreign Minister Hussein Emir Abdullahiyan has shocked the world and influenced financial markets overnight.

Precious Metals Surge:

- Gold:

The yellow metal continues its upward trend, hitting a record high of over $2,440 per ounce. 📈🏅

- Silver

: Following suit, silver, which surpassed $30 an ounce last week for the first time in 11 years, rose further to exceed $32. 📈✨

Bitcoin's Rollercoaster:

- Initial Dip

Bitcoin experienced a brief decline, dropping from $67,000 to $66,000 following the news. 📉💥

- Subsequent Recovery:

The cryptocurrency quickly rebounded, climbing back above $67,000 by morning. 📈🚀

Market Reactions Awaited:

The incident's full impact on today's markets remains to be seen, with investors closely monitoring developments.

#Gold #Silver #Bitcoin #Binance #Iran
Oil is consolidating at $80 as markets await the publication of Powell's speech Oil (WTI Crude Oil The median) is at $79.86 and is likely to close back above $80. US dollar strength is expected to pick up across the markets in the wake of Powell's speech later on Friday. The sudden drop from Wednesday sees a follow-up on Thursday and Friday. More commodity analytics Gold prices held firm amid investors' anticipation of Powell's speech at the Jackson Hole symposium #Gold prices held firm amid investors' anticipation of Powell's speech at the Jackson Hole symposium The price of gold #trades sideways as investors shift their focus to Fed Powell's speech at the Jackson Hole Symposium. Market sentiment remains nervous about whether Jerome Powell will provide hawkish guidance on interest rates or prefer a neutral policy. The US dollar rises ahead of Fed Chair Powell's speech at Jackson Hole Here's What You Need to Know The US Dollar consolidated against the majors in the second half of Thursday and the US Dollar Index (DXY) posted its highest daily close. The US dollar maintains its early strength as market participants eagerly await the Federal Reserve Chairman's speech Jerome Powell at the Jackson Hole Symposium.

Oil is consolidating at $80 as markets await the publication of Powell's speech

Oil (WTI Crude Oil

The median) is at $79.86 and is likely to close back above $80. US dollar strength is expected to pick up across the markets in the wake of Powell's speech later on Friday. The sudden drop from Wednesday sees a follow-up on Thursday and Friday.

More commodity analytics

Gold prices held firm amid investors' anticipation of Powell's speech at the Jackson Hole symposium

#Gold prices held firm amid investors' anticipation of Powell's speech at the Jackson Hole symposium

The price of gold #trades sideways as investors shift their focus to Fed Powell's speech at the Jackson Hole Symposium. Market sentiment remains nervous about whether Jerome Powell will provide hawkish guidance on interest rates or prefer a neutral policy.

The US dollar rises ahead of Fed Chair Powell's speech at Jackson Hole

Here's What You Need to Know The US Dollar consolidated against the majors in the second half of Thursday and the US Dollar Index (DXY) posted its highest daily close. The US dollar maintains its early strength as market participants eagerly await the Federal Reserve Chairman's speech Jerome Powell at the Jackson Hole Symposium.
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.
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.
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