Gold: Indian demand risks under Modi call – Commerzbank

The post Indian Rupee: India weighs FX defence as Oil rises – BNY appeared on BitcoinEthereumNews.com. BNY’s Bob Savage reports India is considering emergency steps to protect foreign exchange reserves as higher Oil prices widen the current account deficit. Measures under discussion include fuel price hikes, import restrictions on Gold and electronics, and tighter hedging rules. The Reserve Bank of India (RBI) has already intervened to stabilise the Indian Rupee (INR) after it hit a record low, with reserves near $691bn. Policy toolkit aimed at Rupee stability “India is considering emergency measures to protect foreign exchange reserves amid rising oil prices and a widening current account deficit.” “Proposed steps include hiking fuel prices for the first time since the Iran conflict began, restricting non-essential imports such as gold and electronic goods, and encouraging public fuel conservation.” “Prime Minister Narendra Modi has urged citizens to avoid gold purchases for a year an

The post VanEck sets Bitcoin price target for end of 2026 appeared on BitcoinEthereumNews.com. With Bitcoin (BTC) price having underperformed Gold (XAU) and the broader United States stock market in 2026, Matthew Sigel, the head of digital assets research at VanEck, has made a bold prediction. Bitcoin price could hit $160,000 if it reclaims its all-time high relative to gold, Sigel said. The prediction, analyzed by Finbold on May 12, is based on the BTC/XAU pair recovering to 35x, its previous peak, from its current level of 17.1x. Bitcoin / Gold Cross. US Stock Market Cap / GDP. Source: X Sigel highlighted that Bitcoin is cheap, as it has not followed the broader U.S. stock market. Furthermore, the ratio of the U.S. stock market cap and the country’s gross domestic product (GDP) recently rebounded to an all-time high (ATH). As such, Sigel suggested that BTC price could easily surge beyond his target, since the prediction is pegged on the flagship coin catching up to where equities are

The post Gold Price Forecast: XAU/USD slides to $4,700 ahead of US CPI data appeared on BitcoinEthereumNews.com. Gold (XAU/USD) shows moderate losses on Tuesday, trading a few pips below the $4,700 level at the time of writing after failing to find acceptance above $4,770 earlier on the day. The precious metal remains within previous ranges, but the risk has shifted to the downside as concerns about the US-Iran ceasefire and investors’ cautiousness ahead of the US Consumer Price Index (CPI) release are buoying the US Dollar (USD). US President Donald Trump warned earlier on Tuesday that the ceasefire is on “life support,” and CNN, citing some of his aides, has reported that the president would be seriously considering resuming combat operations. On the macroeconomic front, all eyes are on the US CPI release, due later on Tuesday. Consumer inflation is expected to have surged to a 3.7% annual rate in April, its highest level since September 2023, amid the energy shock from Iran’s war. I

The post Ray Dalio Questions Bitcoin’s Role During Financial Unrest appeared on BitcoinEthereumNews.com. Ray Dalio, founding figure behind Bridgewater Associates, has reshaped the conversation around Bitcoin with his assertion that it falls short as a reliable safe haven during economic turmoil. Published on May 11, his insights reveal a continued preference for gold when uncertainty looms in financial markets. Continue Reading:Ray Dalio Questions Bitcoin’s Role During Financial Unrest Source: https://en.bitcoinhaber.net/ray-dalio-questions-bitcoins-role-during-financial-unrest

The post Gold reverses gains as US CPI data takes center stage appeared on BitcoinEthereumNews.com. Gold (XAU/USD) reverses earlier gains on Tuesday as fading hopes for a near-term breakthrough in US-Iran negotiations and a modest rebound in the US Dollar (USD) weigh on the precious metal ahead of the US Consumer Price Index (CPI) data release. At the time of writing, XAU/USD is trading around $4,694 after hitting a three-week high of $4,773 during the Asian session. US-Iran negotiations remain at an impasse over Iran’s nuclear program. US President Donald Trump told reporters in the Oval Office on Monday that the ceasefire is “on massive life support.” The remarks came after Trump rejected Iran’s latest response to the US-backed peace proposal, calling it “totally unacceptable.” Reports also suggest that the US President is considering a resumption of military operations, alongside a potential restart of “Project Freedom” in the Strait of Hormuz. Meanwhile, Iranian Parliament Speaker

The post RWA: Real-World Asset Tokenization – Blockchain.News appeared on BitcoinEthereumNews.com. Real-World Asset (RWA) tokenization is the process of bringing tangible and intangible assets—such as real estate, government bonds, gold, and private credit—onto the blockchain. By converting these assets into digital tokens, the industry aims to increase global liquidity, enable fractional ownership, and provide 24/7 settlement for markets that were previously slow and siloed.   The Institutional “On-Chain” Wave By mid-2026, RWA tokenization has moved past the experimental phase and into the mainstream. Large financial institutions like BlackRock and Franklin Templeton have pioneered this shift with tokenized treasury funds (such as BlackRock’s BUIDL fund), which now hold billions of dollars in on-chain reserves. These products allow investors to hold a digital token that represents a share in a traditional fund, earning interest directly in their crypto wallets.   Key Asset Classes in

The post Fed Rate Cut Odds Fall as Senate Advances Kevin Warsh, Will Bitcoin & Gold Crash Again? appeared on BitcoinEthereumNews.com. Fed rate cut odds plunge as the US Senate advances President Trump’s nominee Kevin Warsh closer to confirmation as the next Fed Chair. Bitcoin and gold erase gains as Warsh could replace Jerome Powell following final confirmation votes this week. Meanwhile, inflation is rising amid elevated oil prices as Trump said the US-Iran ceasefire is on “massive life support” after dismissing Iran’s peace proposal, fueling concerns that the Strait of Hormuz may stay shut for an extended period. US Senate Confirms Kevin Warsh as Fed Governor, Fed Rate Cut Odds Dip The US Senate voted 49-44 to invoke cloture on Kevin Warsh’s nomination to serve as a member of the Board of Governors of the Federal Reserve System. He will remain a governor for a term of 14 years from February 2026. The Senate is expected to hold final confirmation votes this week, with Republicans’ maj

The post Ray Dalio Says Bitcoin Still Fails as a Safe-Haven Asset appeared on BitcoinEthereumNews.com. He argued that Bitcoin’s transparent blockchain makes transactions traceable, which could limit its appeal as a reserve asset for governments and central banks. Dalio also pointed out that investors often sell Bitcoin during financial pressure, unlike gold, which has historically maintained its reputation as a store of value. Ray Dalio Warns Bitcoin Is Not Replacing Gold Ray Dalio, founder of Bridgewater Associates, recently argued that Bitcoin has not lived up to expectations as a safe-haven asset during periods of financial uncertainty. In a May 11 post, Dalio explained that while Bitcoin receives enormous global attention, it still falls short of gold when markets experience stress and volatility. According to Dalio, one of Bitcoin’s biggest weaknesses is its lack of privacy. He pointed out that transactions on the Bitcoin blockchain can be traced and monitored, which may reduce it