Commodities
Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure
BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.
As Gold Nears Record, Bitcoin Doesn't Shine So Brightly
“The default setting is, ‘Go with what you know,’ which in this case means gold,” says one analyst.
Santander Launches Loans Backed by Tokenized Commodities Such as Soy and Corn
The Spanish banking multinational has partnered with Agrotoken, an agricultural commodities tokenization platform, to offer the loans.
Gold-Backed Tokens Grow Despite Mixed Reviews From Analysts
With high inflation and geopolitical turmoil in the headlines, these tokens appear to be benefiting from the current investment climate.
There's a Reason Bitcoin's Worth 500 Barrels of Oil: Bloomberg's McGlone
“Supply, demand, adoption and advancing technology point to the crypto continuing to outperform fossil fuel in the next 10 years," according to the commodities analyst.
Neuberger Berman's $164M Commodities Fund Can Invest 5% in Bitcoin
The investment manager has tweaked its strategy and will now focus its crypto investments solely on bitcoin.
Market Wrap: Bitcoin Rises After Volatile Week
Analysts see the possibility of further selling pressure despite short-term relief.
Market Wrap: Bitcoin Flat at $37K as Investors Tangle With Bulls and Bears
Positive news from El Salvador couldn't completely overcome negative news out of China.
Market Wrap: Bullish Basel News Causes BTC Jump to Week-High $38K Level; ETH Slips
Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.
Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.
