1. Home
  2. commodities

commodities

Bitcoin needs catalyst for $100K, gold going higher, ETH still undervalued: Analyst

Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ. 

In a few years, finance wonks and crypto advocates will look back to 2024 and agree that it was the year Bitcoin went mainstream and saw mass adoption within traditional finance. The incredibly successful launch of the spot Bitcoin ETFs, MicroStrategy CEO Micheal Saylor’s plan to buy $42 billion in Bitcoin and Bitcoin rallying to a new all-time high are just a few of the major milestones of the year. 

Bitcoin (BTC) is officially in the big leagues and deep dives into how BTC’s integration into all aspects of finance are a frequent topic of discussion by analysts and thought leaders at crypto conferences and on social media. In order to get a better understanding of the ramifications of Bitcoin and crypto’s integration into traditional finance, Cointelegraph spoke to Brian Russ, the chief investment officer at 1971 Capital. 

Cointelegraph: Institutional and retail investors are buying shares of the spot Bitcoin ETFs, but further down the road, how do you see BTC being integrated into investment portfolios? 

Read more

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

RWA sector could reach $600B in next five years: BCG

A swathe of new research reports from major traditional financial institutions predicts outsized growth and adoption of real-world asset tokenization over the next few years. 

Real-world asset (RWA) tokenization is set for explosive growth over the next five years with assets under management potentially topping $600 billion by 2030, according to research papers from major traditional financial institutions. 

Global consulting firm Boston Consulting Group called RWA tokenization “the third revolution in asset management,” in an Oct. 29 paper.

“We see a pattern of growing investor demand in the tokenized funds space,” said David Chan, managing director and partner at BCG. 

Read more

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential

Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment PotentialBlackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin […]

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

Bitcoin ‘still the best-performing asset’ after weak Q3: NYDIG

Bitcoin is currently exactly where it was in the last two cycles, said NYDIG's research head Greg Cipolaro, who said crypto could be in for a big Q4. 

Bitcoin remains the best-performing asset so far this year, even after a “seasonally weak” third quarter, according to the New York Digital Investment Group (NYDIG).

Bitcoin (BTC) gained just 2.5% over Q3, bouncing back after falling in the second quarter but hamstrung by large sales, said NYDIG’s research head Greg Cipolaro in an Oct. 4 note.

“Bitcoin is still the best-performing asset class in 2024, but its lead has narrowed,” Cipolaro said. He noted the cryptocurrency has seen a year-to-date gain of 49.2%.

Read more

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

Bitcoin tanks, gold rebounds as Israel vows Iran ‘will pay’ for attack

The price of Bitcoin fell about $4,000 after Iran fired some 180 ballistic missiles at Israel, escalating the conflict in the Middle East. 

Update (Oct. 2 at 5:40 am UTC): A previous version of this article suggested Larry Fink’s comments about Bitcoin as an inflation hedge on Fox Business was recent. This has been amended to reflect the correct date.

Commodities including gold and crude oil rose as the specter of war looms in the Middle East. Still, Bitcoin is moving in the opposite direction, leading to renewed debate over whether it’s a safe-haven asset. 

Gold prices gained 1.4% on the day to reach $2,665 per ounce on Oct. 1, just shy of its all-time high, according to Goldprice.org. Meanwhile, crude oil prices spiked as much as 7% to reach $72 per barrel.

Read more

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty

Mike McGlone — Hedge Funds Push Gold Toward K Amid Global Market UncertaintyIn a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold Eyes $3,000 Mark Amid Hedge Fund […]

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud

Court Orders New York Man to Pay M for Forex, Digital Asset FraudWilliam Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time. The Commodity Futures Trading […]

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

Crypto and commodities poised for massive rally, says market analyst

According to Michael van de Poppe, an upcoming surge in global liquidity, fueled by debt refinancing, could trigger the next Bitcoin bull run.

A notable market analyst believes the cryptocurrency and commodities markets could both be ahead of a parabolic rally.

This is because both crypto assets and commodities remain “extremely undervalued,” according to analyst and entrepreneur Michaël van de Poppe.

The analyst noted in a September 15 post on X that commodities were last valued at similar levels in 2000 and 1971.

Read more

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities

By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.

In light of a recent court ruling in Illinois that classified Bitcoin and Ether as commodities, Nigerian stakeholders are urging the Nigerian Securities and Exchange Commission (SEC) to adopt a similar approach in its regulatory framework. 

The call for clarity and proper classification comes as cryptocurrencies play an increasingly significant role in the global financial landscape. Lucky Uwakwe, chairman of the Blockchain Industry Coordinating Committee of Nigeria (BICCoN), spoke to Cointelegraph and emphasized the importance of clearly defining the class of crypto assets.

According to the chairman, this approach would provide creators with clear guidelines on where to seek regulation.

Read more

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025

CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities

CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as CommoditiesDuring his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […]

Coinbase Says There Are Five Key Areas of the Crypto Market To Watch in 2025