🚨JUST IN: @BINANCE CEO, @_RICHARDTENG SAYS; "BITCOIN IS THE DIGITAL GOLD OF OUR ERA" ...

BlackRock Inc. is known the world over for its ETF suite, with funds spanning all manner of industries and themes going back nearly two decades. But one of its newest offerings is its most profitable.The issuer’s Bitcoin ETF, which is nearing the $100 billion asset mark thanks to massive inflows and a new run-up in the token itself, generates more revenue than any other in the firm’s lineup of 1,000-plus globally, according to data from Eric Balchunas and James Seyffart at Bloomberg Intelligence. Their calc ...

Company Overview - Uphold has evolved from a platform for instant multi-asset trading to a provider of infrastructure for on-chain payments, banking, and investments, led by CEO Simon McLoughlin since 2017 [1] Bitcoin's Role - McLoughlin views Bitcoin as more than just a payment tool, describing it as "a revolution in computer science" that addresses long-standing issues like the double spend problem [3][4] - Bitcoin is characterized as digital gold and a superior savings technology, expected to facilitate a generational wealth transfer as digital natives adopt it similarly to how previous generations viewed gold [4] Financial Inclusion - The technology behind Bitcoin is seen as transformational, broadening access to financial services globally without the need for intermediaries [5] Future Outlook - McLoughlin anticipates 2025 as a pivotal year for digital assets, marked by the establishment of clear regulations worldwide, which will validate the transformational technology of cryptocurrencies [6] - The United States is viewed as a critical player, with the government supporting crypto, especially stablecoins, to maintain dollar dominance and expand its influence in global markets [7]

Stocks printed fresh records and gold is on a tear crossing $3,900, but the last leg higher in traditional markets left bitcoin (BTC) behind. The largest crypto, often touted as digital gold, has been stuck in a $100,000–$120,000 range for nearly three months after setting new highs in July and August. The lag fits a pattern. Over the past couple of years, gold and bitcoin have taken turns: when gold breaks out, bitcoin tends to consolidate; when gold cools, BTC often resumes the advance. BTC versus gol ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Anthony Scaramucci is seemingly mixing business with humor, sharing a workout video with Arnold Schwarzenegger weeks after he doubled down on his bold Bitcoin (CRYPTO: BTC) forecast. From Pumping Iron To Pumping Bitcoin On Monday, the SkyBridge Capital CEO joked that he was the Danny DeVito in a nod to the 1988 comedy "Twins" while sharing a video with Schwarzenegger on X, formerly Twitter. "We are Twins. ...

The global markets are moving through one of the most confusing environments in recent memory. While equities and gold both set fresh all time highs, Bitcoin stumbled in the wake of a major liquidation event. Scott Melker and Jeff LaBerge, head of capital markets at Bitdeer, explored how Bitcoin fits into this cross asset puzzle and whether it is finally evolving beyond its risk asset label. Following recent rate cuts, many traders expected a broad rally in risk assets. Instead, the crypto market saw a 1. ...

Industry Focus - The document relates to the digital gold sector [1] Content Type - The content is a promotional announcement for a discussion or talk related to digital gold [1]

Changing your mind is hard, but it’s a sign of maturity and openness to new information… Especially, when there’s money to be made. Vanguard appears to be reevaluating its stance on crypto ETFs, which the financial giant famously has not allowed on its brokerage. That’s according to industry newsletter Crypto in America, which cited an anonymous source familiar with the company’s plans. The potential change follows demands from clients for access to crypto ETFs and developments at the US Securities and Ex ...

Core Insights - The relationship between Bitcoin and gold extends beyond their roles as stores of value and inflation hedges, with gold serving as a material anchor for crypto assets [2][8] - Bitcoin's design inherently draws comparisons to gold, particularly in terms of scarcity and independence from central financial systems [4][5] Group 1: Historical Context - The ties between cryptocurrency and gold were established even before Bitcoin's inception, with Nick Szabo's "bit gold" concept serving as a precursor [3] - Szabo's vision of a trustless, supply-capped digital asset laid the groundwork for understanding digital money as scarce and independent [4] Group 2: Financialization and Market Impact - Gold's modern financialization began with the launch of the SPDR Gold Shares (GLD) ETF in 2004, which now has over $100 billion in net assets, transforming gold into a contemporary investment vehicle [6] - Bitcoin is following a similar trajectory, with the BlackRock iShares Bitcoin Trust (IBIT) accumulating over $85 billion in assets within two years of its introduction to U.S. stock exchanges [7] Group 3: Investment Dynamics - The ETF structure for both gold and Bitcoin has expanded their investor base, allowing institutional funds and large investors to participate without needing to hold physical assets [9]

Core Viewpoint - The discussion emphasizes the potential benefits of Bitcoin as a strategic reserve asset for companies and the nation, highlighting its growing corporate adoption and the upward pressure on prices due to institutional demand [2][4]. Group 1: Corporate Adoption of Bitcoin - Corporate adoption of Bitcoin is seen as a significant trend, with major ETFs like BlackRock acquiring Bitcoin, which is absorbing the natural supply and driving prices upward [4]. - Two types of companies are identified: operating companies that are choosing Bitcoin as a treasury reserve asset instead of low-yielding investments, and treasury companies that are leveraging Bitcoin to create digital credit instruments [6][7]. - The concept of Bitcoin as "digital gold" is introduced, suggesting that it will serve as a foundational asset for digital credit instruments in the future [7][10]. Group 2: Market Dynamics and Comparisons - Bitcoin's price dynamics are contrasted with gold, which is experiencing a significant price increase, indicating a strong demand for bearer instruments among mainstream investors [8][9]. - The analogy between gold and Bitcoin is explored, with Bitcoin being positioned as a superior form of digital capital due to its technological advantages and lack of counterparty risk [9][10]. - The long-term outlook suggests that Bitcoin could become ten times larger than gold, reinforcing its role as a long-term store of value [10].