Cointime

Download App
iOS & Android
CyberDragon Gold

CyberDragon Gold

GOLD
$0.0016
0.35%
$0.0016 24H Price $0.0016

GOLD Price Live Data

CyberDragon Gold today's live price is $0.0016 USD with a 24-hour trading volume of $1,871 USD. CyberDragon Gold has dropped by 0.35% in the last 24 hours. The current ranking is #4208, with a live market cap of $0 USD, and a circulating supply of 0 GOLD coins.

Market Cap
+0%
$0
Volume (24h)
-20.46%
$1,871
Circulating Supply
0 GOLD
Fully Diluted Market Cap
$ 122,903,042

GOLD RELATED NEWS

Spot gold breaks through to $2,722/oz, setting a new record high

spot gold continues to rise, and intraday it refreshed its historical high to $2,722 per ounce. 

Analyst: Gold mining stocks are up 70% this year and are finally starting to outperform gold

analyst Bob Loukas stated in an X post that gold mining stocks have risen 70% this year and have finally begun to outperform gold, just like in a confirmed bull market. However, they are still below the high point of 2020. It will be very unstable, but they still have a lot of room for growth.

Gold rose to $2,506.24 per ounce, setting a new record high

On August 17th, spot gold continues to rise and refreshes a record high of $2506.24 per ounce, with a daily increase of more than 2%.

Bitcoin's Volatility Continues to Decline Against Gold, Says Bloomberg Strategist

Bitcoin's volatility has decreased significantly in recent years, but it still remains higher than that of gold. Bloomberg's senior macro strategist, Mike McGlone, believes that Bitcoin's volatility has more room to decrease, making it less risky. However, this decline in volatility may also mean that Bitcoin is unlikely to experience sudden price jumps or reach all-time highs. Despite this, Bitcoin is gaining more adoption in traditional finance, with BlackRock's spot Bitcoin ETF filing being a recent example.

Bitcoin's Price Stagnant at $29K, Speculation on Push to $30K Amidst Growing Volatility Pressure and Positive Momentum in New Address Creation

The price of Bitcoin is currently hovering around $29K and there is speculation about what it will take to push it past $30K. Despite this, there are new developments in the crypto world and DeFi is still relevant. The article also includes CSS code for a responsive widget container and media queries for different screen sizes.

Bitcoin's Correlation with Gold and Stocks Reaches Lowest Levels in Years, Warns Analyst

The decreasing correlation between Bitcoin and gold indicates that Bitcoin is still far from becoming a store of value comparable to digital gold. The correlation between gold and Bitcoin fell to its lowest level since November, causing a meltdown in the crypto markets.

Central Banks Loading Up on Gold to Battle Inflation Despite Underperforming Bitcoin

Recent research shows that central banks worldwide are buying gold to stay ahead of inflation, with 85 sovereign wealth funds and 57 central banks collectively managing $21 trillion. While gold has long been considered a store of value and inflation hedge, Bitcoin has outperformed it this year. In 2022, central banks made record gold purchases with net acquisitions of 1,136 tonnes, with China and Turkey being the most aggressive buyers.

Bitcoin's $30,000 Support Shows Strength Amid Institutional Inflow and Regulatory Improvements

June 27 (Cointime) - Bitcoin has maintained the $30,300 resistance for the past three days, while gold reached its lowest level in three months. The recent price rally of Bitcoin has been attributed to BlackRock's spot Bitcoin exchange-traded fund (ETF) filing, as well as the ProShares Bitcoin Strategy ETF experiencing its largest weekly inflow in a year.

Bitcoin Remains Store of Value Outperforming Gold Despite Dip to 3-Month Low

Bitcoin has reached its lowest price point since mid-March, but it has still maintained its store of value properties and has outperformed gold by a significant margin this year.

Robert Kiyosaki Predicts Real Estate Crash in 2023, Emphasizes Importance of Bitcoin and Precious Metals

Robert Kiyosaki, the well-known author of "Rich Dad Poor Dad," has reiterated his views on the future of the US economy in a series of tweets. He emphasized the importance of Bitcoin, gold, and silver as crucial investments and predicted that the upcoming real estate crash in 2023 would be worse than the 2008 financial crisis.

De-Dollarization Now Evident As Central Banks US Dollar Reserves Drop to Record Lows

JPMorgan analysts have reported that the trend of de-dollarization is gaining momentum as central banks worldwide reduce their US dollar holdings. The dollar's share in central banks' foreign exchange reserves has fallen to a record low of 58%, while gold's share has risen from 11% to 15% over the past five years.

Bitcoin's Decoupling from Traditional Markets: A Safe-Haven Asset Emerges?

Bitcoin's correlation with traditional market asset classes has decreased, with its correlation with gold dropping to 11% as of May 31st. Over the past three months, Bitcoin has outperformed major commodity assets like crude oil, gold, and silver, with a growth rate of 14.5%.

Bitcoin Price Outperforms Crude Oil and Gold with 15% Surge in Last 90 Days

Bitcoin, the world's largest cryptocurrency, has seen a 15% increase in price over the past 90 days, outperforming major commodities like Crude Oil and Gold. Despite a major sell-off in global bank shares, Bitcoin breached the $30k price level on April 15, 2023, and is currently trading at an average price of $27,844 with a 24-hour trading volume of around $13.61 billion. However, recent data suggests that the market is experiencing a correction, with low volatility and a narrow trading range, and it is expected that equilibrium might get disturbed ahead.

Bitcoin, Gold Still The Best Insurance Against Corruption and Incompetence, Says Kiyosaki

As the US debt ceiling talks continue without any progress, economists are concerned that this could lead to a major global financial crisis. Despite politicians claiming that there will be a soft landing, Robert Kiyosaki disagrees and advises investors to turn to gold, silver, and bitcoin for protection. The inability of Republicans and Democrats to come to a decision on raising the debt ceiling raises questions about whether the US will default on its debt for the first time, and even if a deal is reached, the damage to the world's largest economy may have already been done.

Tether Reduces Bank Deposits and Adds Gold and Bitcoin to Reserves While US Government Plans Crackdown on Crypto Exchanges

Tether, a stablecoin issuer, reduced its bank deposits from $5.3 billion to $481 million in Q1 to mitigate the risk of bank failures. The company also diversified its asset reserves by adding gold and bitcoin, which account for 4% and 1.8% of its total reserves, respectively. The US government is reportedly planning to crack down on crypto exchanges. Meanwhile, Lido Finance has staked over 6.2 million ETH, and the next bullish catalyst for Bitcoin is said to be the realized price getting above Long Term Holder RP. CZ, the CEO of Binance, has unfollowed Elon Musk on social media, causing speculation in the crypto community. Lastly, JPMorgan and financial regulators have accused Gary Gensler of jurisdictional overreach and disrupting well-functioning markets.

Gold Outperforms Bitcoin: Factors and Analysis of the Disparity

The price of gold has been increasing in comparison to Bitcoin, leading to speculation about the significance of this trend. Bloomberg Intelligence’s Senior Commodity Strategist, Mike McGlone, suggests that the Bitcoin rollover risks lean toward deflation, emphasizing the importance of this development. This article analyzes the recent disparity between gold and BTC prices, considering factors such as market sentiment, regulation, volatility, and environmental concerns. While the current pattern suggests a preference for gold, the future evolution of both assets remains uncertain, and investors should carefully evaluate market conditions and factors influencing gold and BTC prices to make informed decisions regarding their investment portfolios.

Gold Prices Rise Relative to Bitcoin as Bitcoin Rollover Risks Lean Toward Deflation, Says Bloomberg Intelligence Strategist

According to Bloomberg Intelligence’s Senior Commodity Strategist, Mike McGlone, the recent trend of gold prices increasing relative to Bitcoin prices is significant and could continue. Bloomberg data shows that as of May 8, 2023, the price of gold was up 10% year on year, while Bitcoin was down almost 20%. McGlone believes that Bitcoin rollover risks lean toward deflation. Bloomberg’s analysis shows a correlation between the S&P 500’s peak and trough, its 100-week moving average, and the Bitcoin/gold ratio. However, opinions on the future of both gold and Bitcoin can vary widely, and there is no way to predict with certainty how the disparity will evolve in the future.

Gold Likely To Outperform Bitcoin in Coming Months, Says Bloomberg Commodity Strategist

Investors are seeking safe haven assets amidst economic uncertainty, with gold and Bitcoin being considered viable options. Bloomberg's senior commodity strategist, Mike McGlone, believes that gold will continue to outperform Bitcoin in the coming months due to factors such as the Bitcoin-to-gold ratio. However, he maintains his bullish stance on Bitcoin and notes that both assets have been touted as possible safe havens due to inflationary pressure and the ongoing banking crisis. McGlone's sentiment follows his previous analysis that gold would likely outperform Bitcoin in a recession, especially if it involves a stock market downturn.

Tether Reports $1.5 Billion Net Profit in Q1 2023 and Reveals Bitcoin and Gold Allocations

Tether, the stablecoin issuer, has reported a net profit of $1.5 billion for Q1, more than double the previous period, according to its attestation report. The company's consolidated total assets were at least $81.8 billion as of May 9, with consolidated total liabilities of $79.4 billion, resulting in excess reserves of at least $2.44 billion, an all-time high. Tether has also included additional categories in its reserves reporting for the first time, including bitcoin, physical gold, overnight repo, and corporate bond allocations. The company holds $1.5 billion worth of bitcoin and $3.3 billion worth of precious metals.

Recession Alert: Gold Could Outshine Bitcoin in a Downturn

According to Bloomberg's senior commodities specialist Mike McGlone, gold may perform better than Bitcoin during a potential recession, especially if it involves a stock market slump. McGlone's analysis shows that the metal is moving upward while Bitcoin is declining on a 100-week basis. Gold saw a strong upward move as the Federal Reserve hiked interest rates, signaling its correlation with rising interest rates. Meanwhile, Bitcoin's vulnerability is due to its higher correlation to the stock market and risk assets. McGlone believes the worst is over and that there is a consensus for a soft landing, but Société Générale's strategist Albert Edwards argues that a recession is a done deal.

Popular Currency

USTC TerraClassicUSD
$0.01210
1.75%
LUNC Terra Classic
$0.00005776
0.32%
AXS Axie Infinity
$2.73
0.77%
XNA Neurai
$0.0002215
-0.88%
ILV Illuvium
$11.99
-0.20%
CTC Creditcoin
$0.5798
-0.34%
LUNA Terra
$0.1662
0.41%
BCH Bitcoin Cash
$294.61
-0.41%
TLM Alien Worlds
$0.004608
0.37%
BLUR Blur
$0.1003
0.58%

Popular Activities