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'Gold is not a store of value anymore' — Mike McGlone predicts a 2008-like setup

Mike McGlone, a senior commodity strategist at Bloomberg, asserts that gold has lost its status as a reliable store of value, drawing parallels to the economic conditions of 2008. He predicts that the current market setup resembles that period, suggesting that cryptocurrencies, particularly Bitcoin, may emerge as a more effective hedge against inflation and economic instability. McGlone emphasizes the potential for Bitcoin to gain traction as a digital alternative to gold. He also highlights the increasing institutional interest in cryptocurrencies, which could further influence their adoption and value.

Read the full article: Coin Telegraph

Strategy resumes Bitcoin acquisitions with $43M BTC buy

Strategy has resumed its Bitcoin acquisitions, purchasing $43 million worth of BTC. This move reflects a renewed confidence in the cryptocurrency market despite previous volatility. The company aims to bolster its digital asset portfolio as part of its long-term investment strategy. This acquisition marks a significant commitment to Bitcoin, highlighting

Augustus gets conditional OCC approval for AI and stablecoin bank

Augustus has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a bank that will focus on artificial intelligence (AI) and stablecoin services. This marks a significant step for the company as it aims to integrate advanced technology into banking operations. The approval is

Crypto and AI could be dirty words on 2026 midterm campaign trail

As the 2026 midterm elections approach, candidates may distance themselves from cryptocurrencies and artificial intelligence due to growing public skepticism and regulatory scrutiny. Polls indicate that many voters view crypto as risky and associate AI with job displacement and ethical concerns. This sentiment could lead to candidates adopting more cautious

Banking groups escalate fight over stablecoin yield ahead of Senate vote

Banking groups are intensifying their efforts to secure favorable regulations regarding stablecoin yields as a Senate vote approaches. The debate centers on whether banks should be allowed to offer interest on stablecoin deposits, which could significantly impact the competitive landscape between traditional banks and crypto firms. Some banking associations argue

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Strategy resumes Bitcoin acquisitions with $43M BTC buy

Augustus gets conditional OCC approval for AI and stablecoin bank

Crypto and AI could be dirty words on 2026 midterm campaign trail

Banking groups escalate fight over stablecoin yield ahead of Senate vote