Gold prices have fallen 9% from April highs to $3,185 per ounce as U.S.-China trade tensions ease. Over the same period, Bitcoin surged 17% to $103,600.
The divergence intensified after both nations significantly reduced tariffsāthe U.S. cutting import levies from 145% to 30% and China from 125% to 10%. Itās all part of a new 90-day agreement (tick, tick).
The diverging monthly performance has revived the debate about Bitcoin's “digital gold” status. While economist Peter Schiff attributes gold's retreat to shifting ownership patterns, Bitcoin's resilience signals its growing appeal as a safe-haven amid dollar debasement concerns.
But cool your jets, maxis. Itās still true that gold has outperformed Bitcoin since the start of the yearā23% versus 10%.
Decoupling Again? Bitcoin Retains Its Gains as Gold Hits Monthly Low
Gold fell to a monthly low, underscoring investorsā appetite for risk-on assets like Bitcoin amid cooling global trade tensions.
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JPMorgan Chase completed its first transaction on a public blockchain, using Ondo Financeāa sign of its commitment to Web3.
Senators Urge Treasury to Rethink Tax on Unrealized Crypto Gains
The Senators said the tax rule would leave U.S. firms at a disadvantage to foreign competitors and urged Treasury to āact swiftly.ā
Brian Armstrong Makes āOpen Callā For Ex-DOGE Staff to Join Coinbase
The CEO offered DOGE staffers a fast track into Coinbase after a viral clip showed a Harvard dropout facing backlash for joining the agency.
Solana Isnāt Just a CryptoāItās Now a Trending Baby Name in 2025
Rooted in warmth and sunshine, boosted by pop culture, the name Solana is now one of America's most popular baby names.
š Myriad Market of the Day
Ethereum price above $2,700.00 on May 16, 2025, at 11:59pm UTC?
Trade “Ethereum price above $2,700.00 on May 16, 2025, at 11:59pm UTC?” on Myriad
From our partner
DeFi is heating up on Flare! In the space of two weeks, stablecoin TVL has surged from $5M to over $110M, while total DeFi TVL has doubled to $140M. The key catalyst? USDā®0 is now live on Flare ā the omnichain version of Tether's USDT, backed 1:1 and built for seamless cross-chain movement.
With Kraken now supporting USDā®0, users can easily on-ramp, off-ramp, and earn top-tier APY on Flare.
š®ļø GG: 'Pixelmon' to Launch 'Warden's Ascent' RPG and Idle Mobile Games on AvalancheāHereās Why
Pixelmon has signed an exclusivity deal with Avalanche as the franchise gears up to launch two mobile games on the network.
š¤ EMERGE: Anthropic Accused of Citing AI āHallucinationā in Song Lyrics Lawsuit
The firm was ordered to respond to allegations that its AI expert cited a non-existent academic source as part of a $75M copyright suit.
šļø SCENE: Fans Rally to Save 'Bandersnatch' After Netflix Removes Interactive Media
A petition to preserve a Black Mirror episode has gained traction after Netflix removed the last of its interactive segments.
š Watch and Learn
š¹ WATCH: DeFi Suite Common is Making Privacy Accessible – Decrypt
Common and Aleph Zero co-founder Adam GÄ gol joined Decrypt to talk about how the DeFi suite is making accessible privacy a seamless default, and why it's crucial for the mainstream adoption of crypto.
Sponsored post by Common
šļø LEARN: What Is 'Idle Mine'? This Free iOS and Android Game Pays Real Bitcoin
Mobile game Idle Mine lets you earn real Bitcoin for mining fake gems on iOS and Android. Hereās how it works.
