### Analysis of Bitcoin vs. Gold

Todd Gordon, a prominent chart analyst, suggests that **the current market dynamics indicate a strong opportunity** to invest in **Bitcoin** while shorting **gold**. According to his analysis, the **bitcoin-to-gold ratio** is showing signs that favor Bitcoin's growth over gold's stability.

Gordon's insights come from a detailed breakdown of the **charts**, which highlight a shift in investor sentiment. He emphasizes that the **technical indicators** are leaning towards a bullish outlook for Bitcoin as it continues to gain traction among investors.

### Key Indicators
- **Market Trends**: Gordon notes that the **recent trends in the cryptocurrency market** are compelling, as Bitcoin's adoption increases while gold struggles to maintain its value in the face of economic shifts.
- **Risk Management**: For investors looking to hedge against inflation or economic instability, Bitcoin presents a more favorable option compared to traditional gold investments.
- **Future Prospects**: As the market evolves, Gordon believes that Bitcoin could potentially outperform gold significantly, making it a strategic investment choice.

![Chart Analysis](https://image.cnbcfm.com/api/v1/image/106936421-1630537140613-DSC_2824.jpg?v=1630537305&width=600&height=300)

The chart analyst breaks down a chart of the bitcoin-to-gold ratio.

Why Todd Gordon Says Now is the Perfect Time to Invest in Bitcoin and Short Gold

Until recently, **banks** watched from the sidelines with envy as **stablecoin market leader Tether Holdings** boasted of billions in profits. Now they want in.

### Banks Enter the Stablecoin Arena
Earlier this year, [**Societe Generale**](https://fortune.com/company/societe-generale/) – Forge made its Euro-backed stablecoin available to retail investors. Financial group **Oddo BHF SCA** is also [**working**](https://www.bloomberg.com/news/articles/2024-12-12/financial-group-oddo-plans-foray-into-swelling-stablecoin-market) on a Euro-denominated one, and **Revolut** is [**considering**](https://www.bloomberg.com/news/articles/2024-09-26/robinhood-revolut-explore-entering-the-burgeoning-stablecoin-sector) issuing its own version. **AllUnity**, a venture involving **Deutsche-Bank** owned DWS, plans to issue another next year, and **BBVA** is also working on an entry.

### Legislative Changes and Opportunities
Banks in the US are expected to join in on the rush once **legislation** that could pave the way for them to issue stablecoins is enacted. In Europe, with the recent clarity from the **Markets in Crypto-Assets Regulation (MICA)**, the decision by Tether to discontinue its EURt stablecoin presents an opening for competitors wishing to enable customers to make payments or hold fiat-like alternatives.

“**Do I think that other banks will be issuing their own stablecoins?**” Jean-Marc Stenger, CEO at SG-Forge, said in an interview. “The answer is yes. It’s heavy lifting, I am not sure it will happen any time soon, but it will happen.” SG-Forge is already talking with several banks about using its stablecoin and is discussing partnerships or white-labeling its technology.

### Visa and the Global Demand
**Visa Inc.**, which launched a **tokenization network** for banks to issue stablecoins, is [**working**](https://www.bbva.com/en/innovation/bbva-to-explore-the-potential-of-visas-new-tokenized-asset-platform/) with BBVA on a pilot in 2025. Demand from banks in **Hong Kong, Singapore, and Brazil** is on the rise, according to Cuy Sheffield, Visa’s head of crypto.

### The Rise of Stablecoins
In July, **Standard Chartered** was selected by the **Hong Kong Monetary Authority** to issue HKD-dominated stablecoins in an experimental program expected to launch in 2025. This rush will enhance the role of **blockchain** in payments, distinguishing it from traditional bank products like deposit tokens.

### Profit Motives and Market Dynamics
There are plenty of incentives for banks to offer stablecoins: customers have been asking for the product, and the profit motive is undeniable, with Tether on track to close the year with more than **$10 billion** in net profits, according to CEO **Paolo Ardoino**.

### Risks and Regulatory Challenges
However, risks abound for banks in issuing stablecoins. An **ECB analysis** showed that converting retail deposits into stablecoin issuers’ deposits weakens a bank’s liquidity coverage ratio. US regulators will also need to clarify acceptable reserves for banks to back their stablecoins.

“**If banks were to issue uninsured stablecoins alongside insured deposits, there would be significant consumer confusion**,” said Hilary Allen, a law professor. Central banks are exploring their own digital currencies, which may replace bank-issued stablecoins over time.

Learn more about all things crypto with short, easy-to-read lesson cards. Click here for [**Fortune's Crypto Crash Course**](https://fortune.com/crypto/crash-course/).

Tether is on track to close the year with more than $10 billion in net profits, according to CEO Paolo Ardoino.

Why Banks Are Eager to Tap Into Tether's $10 Billion Profits in Stablecoins

![Grant Cardone](https://s.yimg.com/ny/api/res/1.2/.hwsHLnhIIgNTWDR0t.uGg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MDtjZj13ZWJw/https://media.zenfs.com/en/gobankingrates_644/5c7cfdedc2e2b5d1c1def69183ae966d)

Grant Cardone, a prominent real estate investor, has traditionally focused on real estate as his primary asset class. He has **never invested in gold or stocks** and was once a **skeptic of Bitcoin**. However, he has recently transformed into a **Bitcoin bull**, actively accumulating the cryptocurrency.

In a recent [interview](https://www.youtube.com/watch?v=cdbFStaI3AQ), Cardone shared his reasons for this shift. He highlighted the **synergy between Bitcoin and real estate**, emphasizing that both asset classes are valued for their **scarcity**.

### The Built-in Scarcity of Bitcoin

Bitcoin is capped at **21 million coins**, with only about **1 million left to be mined**. Once all Bitcoin is mined, it cannot be reproduced, unlike fiat currencies which can be printed at will, leading to **devaluation** over time. Cardone described saving cash as a **“loser’s bet.”**

Similarly, real estate also experiences scarcity. Although new properties can be built, they can only be constructed on available land. This inherent limitation parallels Bitcoin’s fixed supply, reinforcing Cardone’s bullish outlook on the cryptocurrency.

### A Natural Symbiotic Relationship

Cardone believes that Bitcoin and real estate share a **“natural symbiotic relationship.”** He asserts that as Bitcoin continues to appreciate, investors will be less inclined to sell their holdings. This is due not only to **Bitcoin's scarcity** but also to the potential for **capital gains**. Instead of cashing out their Bitcoin to buy property, investors may choose to leverage their crypto holdings as collateral for loans.

Furthermore, Cardone pointed out that a significant amount of Bitcoin is effectively lost due to users losing access to their wallets, further decreasing the available supply on the market. This factor contributes to the overall **increased value of Bitcoin** as fewer coins circulate.


Grant Cardone has long valued real estate as his primary asset class. He doesn't buy gold or stocks, and he was initially skeptical of Bitcoin. However, he has turned into a Bitcoin bull and is...

From Skeptic to Believer: Why Grant Cardone Embraces Bitcoin

It was a year unlike any other for **Bitcoin**, marked by **new technological advancements**, **historic milestones**, and its emergence on **Wall Street** while becoming a focal point in U.S. political discourse. Here’s a look back at the remarkable events that shaped Bitcoin in 2024.

## Bitcoin ETFs: A Decade in the Making
The **Securities and Exchange Commission** (SEC) had spent a decade denying top asset managers' requests to offer a **Bitcoin exchange-traded fund (ETF)** in the United States. However, everything changed when **BlackRock**, the world’s largest asset manager, applied for its own Bitcoin ETF in June 2023. The SEC finally approved Bitcoin ETFs on **January 10**, allowing retail investors to invest in Bitcoin without the complications of cryptocurrency exchanges. This was a monumental shift, opening the door for widespread retail participation in the Bitcoin market.

## All-Time Highs
In a surprising turn of events, Bitcoin reached an **all-time high** of just above **$73,000** in March, attracting new investors who were previously excluded from crypto. Despite this surge, Bitcoin faced challenges, including geopolitical tensions and government actions that pressured its price. Notably, the **German government** sold off hundreds of millions in confiscated Bitcoin, contributing to market volatility.

In September, the **Federal Reserve** cut interest rates for the first time in four years, reversing a trend of aggressive rate hikes. This change reignited investor interest in riskier assets like Bitcoin, leading to renewed optimism in the market.

By December, Bitcoin crossed the **$100,000 mark** for the first time in its history, driven by expectations of a more favorable regulatory environment following the re-election of **Donald Trump** as President.

## Institutional Adoption and Political Influence
The surge in Bitcoin's price was influenced by institutional adoption and significant political events. Trump's victory and his pro-Bitcoin stance fueled market enthusiasm, with Bitcoin's price climbing sharply in the aftermath. The approval of Bitcoin spot ETFs also attracted major financial players like **Goldman Sachs** and **Morgan Stanley**, marking a new era of institutional involvement in the crypto space.

## The Bitcoin Halving
Another pivotal event was the **Bitcoin halving**, which took place this year. This event, occurring every four years, reduces the reward for mining Bitcoin, effectively controlling its supply. Anticipation surrounding this halving led to increased interest in Bitcoin, as many investors believed it would drive prices up due to reduced supply.

## The Runes Craze
Alongside the halving, a new technical development in the Bitcoin network, known as **Runes**, gained temporary popularity. This new protocol allowed for the creation of tokens on the Bitcoin blockchain, leading to a surge in meme coins. While this innovation showcased Bitcoin's versatility, it also raised concerns over increased transaction fees during peak activity.

This year’s developments have proven that Bitcoin is more than just a speculative asset; it has established itself as a vital part of the global financial landscape.

Bitcoin had a big year: ETFs, institutional adoption, political battles, and even meme coins. Here's a lack back at Bitcoin in 2024.

Bitcoin's Breakthrough Year: From ETFs to Historic Highs

With **Bitcoin** recently soaring past the **$100,000** mark, many investors are curious about how much to allocate to this cryptocurrency in their portfolios. According to **BlackRock**, a leading asset management firm, the ideal allocation is still just **2%**.

## Why a 2% Bitcoin Allocation Makes Sense
BlackRock analyzed a conventional **60/40 portfolio** (60% stocks, 40% bonds) and assessed the effects of adding varying amounts of Bitcoin. They evaluated allocations of **1%**, **2%**, and **4%**:

- **1%**: Offers diversification but may lack sufficient upside potential due to Bitcoin's volatility.
- **4%**: While it may seem appealing, this level significantly increases portfolio risk and could lead to substantial losses during a downturn in Bitcoin's performance.
- **2%**: Strikes a balance by providing enough diversification to lower overall risk while still offering potential for attractive returns.

![Gold coin with Bitcoin symbol on it.](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F802223%2Fgold-coin-with-bitcoin-symbol-on-it-cryptocurrency-btc.jpg&amp;op=resize&amp;w=700)

Bitcoin's limited supply of **21 million coins** means that as adoption increases, demand—and consequently, the price—should rise. BlackRock suggests that a **2% allocation** to Bitcoin aligns with the risk profile similar to investing in a **"Magnificent Seven" tech stock**, while potentially offering even higher returns.

## What is the Optimal Bitcoin Allocation?
The recommended **2% allocation** may seem low, especially with crypto advocates suggesting much higher percentages. However, it ultimately depends on your risk tolerance and outlook on Bitcoin's future. If you're optimistic about Bitcoin's potential to replace traditional currencies, a higher allocation may be justified. Conversely, if you view Bitcoin as overly risky, consider a lower allocation.

## Impact of Political Factors
Investors should also consider external factors, such as the potential implications of a **Trump presidency** on Bitcoin's future. If pro-Bitcoin policies are enacted, global adoption could accelerate, prompting a reevaluation of the optimal allocation.

In summary, BlackRock's **2% recommendation** serves as a balanced approach for those with a traditional investment portfolio, allowing for both risk management and growth potential in the crypto space.

With Bitcoin (BTC 0.77%) hitting new all-time highs and breaking through the $100,000 price level in December, it's perhaps no surprise that many investors are exploring the pros and cons of adding this cryptocurrency to their portfolios. But just how much of your portfolio should you be allocating to Bitcoin?

Is 2% the Perfect Bitcoin Allocation for Your 2025 Portfolio? Insights from BlackRock

### Kiyosaki's Bitcoin Buying Strategy
Robert Kiyosaki, the renowned author of **"Rich Dad Poor Dad,"** has taken to Twitter to express his unwavering commitment to **Bitcoin**. He has criticized **BlackRock** CEO **Larry Fink**, claiming that the firm is **"dumping Bitcoin"** amid significant outflows from its IBIT spot ETF, totaling **$188 million**. Kiyosaki suggests that BlackRock is attempting to **suppress Bitcoin prices** to allow large investors, or **whales**, to buy at prices below **$100,000**.

Kiyosaki emphasizes his belief in Bitcoin's potential, asserting, **"I will keep buying more Bitcoin because Bitcoin is going higher."

### The Bold Prediction: $350,000 in 2025
In a recent tweet, Kiyosaki reiterated his **ultra-bullish** prediction that Bitcoin will soar to **$350,000** by next year. This forecast comes on the heels of his earlier predictions, where he hinted that with a **pro-Bitcoin president** taking office in January, the cryptocurrency market could see substantial growth. He specifically referenced the **crypto-friendly policies** proposed by **Trump**, including the establishment of a **strategic Bitcoin reserve** and potential pardons for crypto-related convictions.

Interestingly, despite his earlier stance where he indicated he would halt purchases if Bitcoin exceeded **$100,000**, Kiyosaki now expresses a desire to continue accumulating Bitcoin, suggesting that the current economic instability will drive its value higher.

Earlier this year, Kiyosaki had predicted Bitcoin could reach **$500,000** by **2025** and even **$1 million** by **2030**, although he did not provide details to substantiate these claims. 

![Bitcoin Growth](https://example.com/bitcoin_growth_image.jpg)  

For more insights and updates on Bitcoin and cryptocurrency trends, stay tuned!

'Rich Dad Poor Dad' Author Doubles Down on His Bitcoin $350K Prediction for 2025

Robert Kiyosaki Stands Firm: Bitcoin to Hit $350K by 2025!

# Bitcoin's Record-Breaking Year
Bitcoin set **new records in 2024**, surpassing the **$100,000** mark for the first time. Despite its impressive surge of **130%** to just over **$102,000**, it was not the top performer in the market.

![Dogecoin Cryptocurrency Photo Illustrations](https://specials-images.forbesimg.com/imageserve/6765b8e03013d2fa685d1d6f/Dogecoin-Cryptocurrency-Photo-Illustrations/960x0.jpg?fit=scale)

## Key Facts
- Bitcoin gained **47%** since Election Day, adding approximately **$1.2 trillion** to its market cap this year.
- **Pepe**, a meme-based token, led the charge with a staggering **1,570%** increase.
- Other notable performers include **SUI** at **509%**, **Dogecoin** at **333%**, and **XRP** at **304%**.

## The 10 Best-Performing Cryptocurrencies In 2024 (Market Cap Over $5 Billion)
1. **Pepe**: up **1,570.7%**, market cap **$9 billion**
2. **SUI**: up **509%**, market cap **$13.7 billion**
3. **Dogecoin**: up **333.1%**, market cap **$56.9 billion**
4. **XRP**: up **303.9%**, market cap **$142.3 billion**
5. **Hedera**: up **247.7%**, market cap **$11.5 billion**
6. **Stellar**: up **233.4%**, market cap **$12.9 billion**
7. **Toncoin**: up **155.6%**, market cap **$14.6 billion**
8. **TRON**: up **155.1%**, market cap **$23.7 billion**
9. **Shiba Inu**: up **150.1%**, market cap **$15.2 billion**
10. **Bitcoin**: up **135.9%**, market cap **$2 trillion**

## Crypto Market Growth in 2024
The global cryptocurrency market added **$1.8 trillion** in value, reaching **$3.6 trillion** by December 18, with Bitcoin holding **56.8%** of the market share.

## What Are Meme Coins?
Meme coins are cryptocurrencies often associated with internet jokes, exhibiting higher volatility. **Dogecoin** saw a significant rise this year, fueled by cultural moments and endorsements from influential figures.

## Impact of Trump's Election on Crypto
Donald Trump's election victory boosted the crypto market significantly, with Bitcoin reaching new heights shortly after. His pro-crypto stance and endorsements from industry billionaires contributed to this surge, leading to an overall market growth exceeding **$1 trillion**.

## Further Reading
For more insights on meme coins and their performance, check out our related articles.

Bitcoin was outpaced by several altcoins and meme coins this year, even as the cryptocurrency dominated the market.

Unbelievable Gains: Which Cryptocurrencies Surpassed Bitcoin in 2024?

### Rumble's Meteoric Rise
Shares of **Rumble** (NASDAQ: RUM) have skyrocketed to **52-week highs**, increasing by approximately **300%** since January lows. This surge is largely attributed to a **massive $775 million investment** from **Tether Limited**, the powerhouse behind the stablecoin **Tether (CRYPTO: USDT)**.

### Tether's Dominance in Cryptocurrency
Tether is the **third-largest cryptocurrency** globally by **market capitalization**, trailing only **Bitcoin** and **Ethereum**. As of now, Tether's market cap stands at nearly **$140 billion**. Unlike Bitcoin and Ethereum, Tether is a **stablecoin**, designed to maintain a 1-to-1 price correlation with the U.S. dollar, making it an attractive option for those wary of cryptocurrency volatility.

### Financial Reserves and Profits
As of September 30, Tether reported about **$125 billion** in reserves, primarily in **U.S. Treasury bills**. This reserve ensures that Tether can honor redemptions for dollars while also generating profits. CEO **Paolo Ardoino** announced an impressive forecast of **$10 billion** in net profit for **2024**, showcasing Tether's robust financial health.

### Rumble's Ambitious Vision
Rumble aims to disrupt the internet infrastructure landscape, aspiring to compete with giants like **YouTube** and **AWS** while promoting **censorship-free** content. However, achieving such ambitious goals requires significant financial resources. Rumble reported a **net loss of $116 million** in 2023 and has already incurred losses of **$102 million** in the first three quarters of **2024**.

### A Strategic Approach
Despite the losses, Rumble has maintained a disciplined approach by avoiding dilution of shareholder equity and refraining from accruing debt. This strategy could position the company well as it navigates its ambitious plans for growth.

Shares of technology company Rumble (NASDAQ: RUM) are at 52-week highs as of this writing, having jumped roughly 300% in value since lows set back in January.  Tether is the third-largest cryptocurrency in the world by market capitalization.

Why Todd Gordon Says Now is the Perfect Time to Invest in Bitcoin and Short Gold

Summary:

Analysis of Bitcoin vs. Gold

Key Indicators

Comments

Subscribe our Newsletter

BitcoinToday.app

Other Latest News

Why Banks Are Eager to Tap Into Tether's $10 Billion Profits in Stablecoins

From Skeptic to Believer: Why Grant Cardone Embraces Bitcoin

Bitcoin's Breakthrough Year: From ETFs to Historic Highs

Is 2% the Perfect Bitcoin Allocation for Your 2025 Portfolio? Insights from BlackRock

Robert Kiyosaki Stands Firm: Bitcoin to Hit $350K by 2025!

Unbelievable Gains: Which Cryptocurrencies Surpassed Bitcoin in 2024?

Tether's $775 Million Bet on Rumble: The Battle Against YouTube and AWS Begins!

Other Latest News

Why Banks Are Eager to Tap Into Tether's $10 Billion Profits in Stablecoins

From Skeptic to Believer: Why Grant Cardone Embraces Bitcoin

Bitcoin's Breakthrough Year: From ETFs to Historic Highs

Is 2% the Perfect Bitcoin Allocation for Your 2025 Portfolio? Insights from BlackRock

Robert Kiyosaki Stands Firm: Bitcoin to Hit $350K by 2025!

Unbelievable Gains: Which Cryptocurrencies Surpassed Bitcoin in 2024?

Tether's $775 Million Bet on Rumble: The Battle Against YouTube and AWS Begins!