Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty

Central banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support for gold’s growing role, reflecting broader trends as central banks seek safe havens amid lower interest rates and rising risks. Central Banks Signal Increased Reliance on…

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Bitcoin Is ‘Risk-Off,’ Ethereum is ‘Risk-On,’ Says BlackRock

In a recent presentation, asset manager BlackRock explained that Bitcoin is a “gold alternative” while Ethereum is an equity or speculative tech bet.  Meanwhile, Standard Chartered Bank provides an opposite explanation as it claims that Bitcoin is not a geopolitical hedge like gold.  BlackRock’s Robbie Mitchnick attempted to put the widely debated categorization of Bitcoin…

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