Crypto markets fell as tariff concerns pushed investors into safe havens and about $600 million in long positions were liquidated, while gold climbed to a record high.
Ark Invest CEO Cathie Wood says in the firm's 2026 Outlook that Bitcoin’s fixed supply makes it a more compelling scarce asset than gold during demand surges. She points to Bitcoin’s protocol-enforced cap as a structural advantage for investors seeking predictable scarcity.
Jefferies’ Greed & Fear strategist Christopher Wood cut a 10% Bitcoin allocation and shifted the funds into gold, citing quantum-related risks to BTC’s cryptography, Bloomberg reports. The move underscores institutional caution even as the timeline for practical quantum threats remains uncertain.
Sen. Chris Rose has filed legislation allowing the West Virginia Treasury to allocate up to 10% of assets to precious metals and digital currencies. Supporters say the move would diversify state holdings and signal growing acceptance of crypto.
21Shares has listed a physically backed Bitcoin–Gold exchange-traded product on the London Stock Exchange, offering combined exposure to BTC and allocated gold in a single security. The move aims to simplify diversified allocations for investors seeking crypto and precious-metal exposure.
Thailand has ordered tighter regulations on gold trading and cryptocurrencies to tackle 'grey money' and illicit flows after a weekend meeting of the "Connect the Dots" sub-committee led by the prime minister and finance minister.
Binance has rolled out USDT-settled perpetual futures for gold and silver, offering crypto-native exposure to traditional safe-haven metals as demand rises. The move broadens stablecoin use cases and the exchange’s derivatives suite.
Tether unveiled Scudo on Tuesday, a new unit of account for its gold-backed token XAUT to enable fractional gold payments as bullion prices climb. The change aims to make tokenized gold practical for microtransactions and merchant use.
Gold advocate Peter Schiff called Bitcoin a 'waste of energy' in a Dec. 28 social post, rejecting the idea that BTC acts as a non-inflationary ledger for storing economic energy.
Fidelity’s macro chief Jurrien Timmer warned that both Bitcoin and gold may experience a “down year” or underperformance in 2026. The outlook could pressure flows into crypto and precious-metal strategies as investors reassess hedges.