ChainCatcher news, according to Cointelegraph, Robinhood is giving away $2.5 million worth of Bitcoin to gold members participating in the New Year countdown.

ChainCatcher news, spot gold has risen above 2620 USD/ounce, up 0.53% for the day. (Jin Shi)

ChainCatcher news, according to Morningstar, Edmund Moy, the senior IRA (Individual Retirement Account) strategist at the US Money Reserve, the main distributor of precious metals for the US federal government, stated that on the surface, Bitcoin could become a competitor to gold, as both are alternative assets that can help reduce risk in traditional portfolios. Cryptocurrency bulls have long touted Bitcoin as "digital gold," and Federal Reserve Chairman Powell recently remarked that Bitcoin is "like gold."Edmund Moy believes that their "differences outweigh their similarities," and that "the correlation between gold and Bitcoin is not strong." Given the uncertainty in the coming year, this may be the strongest reason for investors to hold both.Nevertheless, Edmund Moy stated that investors seeking to diversify their portfolios should remember that diversification alone cannot completely eliminate risk, especially considering the volatility of Bitcoin.

ChainCatcher news, according to Jinshi reports, San Francisco Federal Reserve President Mary Daly believes that cryptocurrencies should be regarded as an independent asset class, rather than being conflated with gold as is often the case.Daly stated, "I think cryptocurrencies are a complex thing, and the service we need to provide for everyone is to truly interpret what it means. Once we do that, we can define it; it can be a currency, it can be a medium of exchange, it can be a stock, an asset that holds value or sometimes depreciates. We just need to define those terms."Daly added, "So I don't think it is like gold; it sometimes has gold-like characteristics, but I don't think it is an asset like gold."

ChainCatcher news, according to Bitcoin.com, Galaxy Research predicts that Bitcoin (BTC) will exceed $150,000 in the first half of 2025 and may even reach $185,000 in the last quarter of the same year. The research institution believes that adoption at the institutional, corporate, and national levels is the main factor driving this top cryptocurrency to these high points.Galaxy Research also stated that it foresees BTC continuing to outperform other asset classes, including the S&P 500 index. Regarding gold, the Galaxy team expects BTC's total market capitalization to reach 20% of the total market capitalization of the precious metal. As of the time of writing (December 29, 2024), BTC's market capitalization is approximately $1.85 trillion, while gold's market capitalization is estimated to be close to $18 trillion.

ChainCatcher 消息，Bitcoin Magazine 在 X 平台发文称，参议员辛西娅·卢米斯（Cynthia Lummis）提议建立美国战略比特币储备，无需投入新资金，通过将黄金证书重新估价为市场价值并将其兑换为比特币来提供资金。

ChainCatcher 消息，据 Bitcoin News 报道，据统计，2024 年比特币与黄金 ETF 资金流入情况如下： 比特币：净流入 368 亿美元； 黄金：净流入 4.54 亿美元。 前者约为后者的 81 倍。

ChainCatcher 消息，据 Cointelegraph 报道，CryptoQuant 首席执行官兼创始人 Ki Young Ju 表示，当选总统唐纳德-特朗普的比特币政策可能取决于全球投资界对美国经济和美元实力的看法。 Ju 认为，当投资者认为美国经济霸权受到威胁时，黄金和 BTC 等价值储存资产的价格就会飙升。然而，投资者继续对美国经济表示信心，并将美元视为避风港货币。 这种优势地位使得特朗普政府不太可能采用比特币战略储备来保护美元的主导地位，并可能导致当选总统在支持比特币的政策上走回头路。

ChainCatcher 消息，CryptoQuant 创始人兼首席执行官 Ki Young Ju 在 X 平台发文称：“纵观历史，每当美国感觉到其在全球经济中的主导地位受到威胁时，金价就会飙升，围绕金本位的争论就会得到关注。 20 世纪 90 年代末，彼得·希夫 (Peter Schiff) 主张黄金是真正的货币形式，就像今天的比特币极端主义者倡导比特币一样。这些被称为“金虫”的支持者希望恢复金本位。然而，尽管在经济危机期间人们对此兴趣重燃，但美国始终避免这种转变，而是依靠创造性的解决方案来维持增长。在过去 50 年里，金本位一直是过去的遗物。现在，比特币似乎正在填补曾经由黄金占据的意识形态空间。 我个人支持比特币标准的想法。 然而，我怀疑美国是否会在其他经济体停滞不前的同时继续增长，并采用比特币作为战略资产。要使这场辩论获得重大进展，美国需要看到其全球经济主导地位真正受到威胁。目前，市场情绪表明对美国继续保持霸主地位充满信心。 虽然可以想象美国政府可能会购买比特币用于风险管理或经济杠杆，但其动机可能与比特币持有者的想象大不相同。购买比特币以准备比特币标准或作为捍卫美元体系的工具的想法似乎与当前现实相去甚远。 随着全球资本流入美国，许多人仍然相信美元的主导地位是稳固的。 甚至在就职之前，特朗普就不断警告其他世界领导人，美国与其他国家之间存在实力差距。这种言论，加上流入美元的资本增加，可能会重振人们对美元霸权的信心。在我身边，许多韩国人选择美元作为避风港，而不是黄金或比特币，尤其是在韩元贬值的情况下。 如果特朗普成功展现美国经济的韧性、巩固美元的霸权并提高他的支持率，那么他是否会继续在竞选期间表现出的强烈支持比特币的立场还不得而知。他可以很容易地放弃对比特币的倡导，理由是优先事项发生了变化，而不会疏远他的选民基础。 不可否认，特朗普是一位有能力加强美国地位的熟练政治家。 然而，他打算在多大程度上实现他在竞选中关于比特币的言论仍不确定。在比特币大会上，特朗普曾提到比特币是一种战略资产，这是他为比特币标准做准备的真正一步，还是仅仅是为了获得选票而精心策划的举动？”

ChainCatcher news, according to Jinshi reports, U.S. Senator Cynthia Lummis's previously proposed funding plan for Bitcoin purchases partially relies on the large gold heritage owned by the United States—these gold reserves were left over from the era when the dollar was pegged to precious metals, allowing dollar holders to exchange dollars for gold at a fixed price.Although the dollar has not been convertible to gold since the early 1970s, the Treasury and the Federal Reserve still hold about 8,100 tons of gold. The government values this gold at $42 per ounce, which is far below the current market price of $2,650.Cynthia Lummis hopes the Treasury can reassess this gold at current market prices and use the paper profits to fund Bitcoin purchases without raising taxes or issuing new national debt. However, critics point out that this operation is not a free lunch; it would require the Federal Reserve to cover the difference between the gold certificates held by the Treasury and the new valuation through a combination of printing money and asset sales.Monetary economist George Selgin argues that this operation amounts to a "backdoor loan" from the government, bypassing the regular appropriation process to avoid new debt and obscuring the truth. Lummis's bill relies heavily on gilded magic, and George Selgin said, "What better way to win public support than to make people believe this plan won't cost a dime?"

ChainCatcher news, South African MP Mzwanele Manyi stated, "Bitcoin is rising comprehensively, and it will devalue gold, which is unstoppable."

ChainCatcher message, Robert Kiyosaki, the author of "Rich Dad Poor Dad," posted on X: "The global economic collapse has begun. Europe and the United States are both in recession. Is the Great Depression coming?Use your money wisely. Protect your job and wealth. The biggest problem is our leaders and educators. As I often ask, 'What does school teach you about money?'Regardless of the direction of the economy, gold, silver, and Bitcoin retain their value. For many, an economic collapse is the best time to get rich. I plan to become richer. I also hope you become richer and smarter. Take care."

ChainCatcher news, Sign collaborates with Cypher Capital and RAK DAO to open applications for the SignPass Web3 Entrepreneur Program to global Web3 practitioners. Successful applicants will receive a golden visa issued by the Emirate of Ras Al Khaimah and immigrate to the UAE. The main applicant can directly obtain a 10-year golden visa (with no minimum residency requirement); apply for the same visa for their spouse, unmarried children, and parents; register children to attend international schools; obtain health insurance; and open a personal bank account. Among these, SignPass holders will enjoy special benefits, such as waived application fees and a VIP application experience.Previously, Sign has partnered with the Sierra Leone Immigration Department to launch the first on-chain verifiable physical ID permanent residency card in Africa, and the SignPass system has facilitated hundreds of applicants. In the future, Sign will continue to collaborate with Ras Al Khaimah and various governments to help build an on-chain verifiable identity system and integrate with SignApp, allowing more people to enjoy the conveniences brought by Web3 technology.

ChainCatcher news, spot gold has risen by $5 in the short term, currently reported at $2605 per ounce. (Jin Shi)

ChainCatcher news, BlackRock stated in a report that government bonds are no longer a reliable buffer against sell-offs in risk assets like stocks, and investors should consider using gold and Bitcoin as a supplement to bond investments. Economies are undergoing a transformation that may continue to change long-term economic trends.In the context of rising inflation, bonds may not be able to withstand stock market sell-offs. Bonds no longer reliably diversify the risk of a portfolio across a wide range of potential outcomes and scenarios. This requires us to rethink diversification. Therefore, investors should consider new diversification tools such as gold and Bitcoin, even though they will not replace bonds. (Jin Shi)

ChainCatcher news, Galaxy Digital founder and CEO Mike Novogratz predicts that Bitcoin could surpass gold's market value in 5 to 8 years. He stated that Bitcoin's market momentum and growth rate are accelerating, reaching 14% of gold's market value. This prediction aligns with Bitcoin hitting a new high of $108,000 on December 17, with a current market value of $2.13 trillion, exceeding two-thirds of the global central bank gold reserves.Additionally, the total assets of Bitcoin ETFs have recently surpassed those of gold ETFs, indicating that investor recognition of Bitcoin as "digital gold" is on the rise.