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12 May 2026, 14:28

Billionaire Ray Dalio explains why Bitcoin ‘hasn’t played the safe-haven role’

Bridgewater Associates founder Ray Dalio , has once again highlighted the distinctions between Bitcoin ( BTC ) and gold . He argued that the cryptocurrency has not fulfilled the expectations many investors placed on it as a reliable safe-haven asset during periods of market stress and economic uncertainty, Dalio said in an X post on May 11. In his post, Dalio pointed to Bitcoin’s transparent on-chain ledger, arguing that its traceable nature makes it less attractive for large institutions such as central banks. He contrasted this with gold’s long-established role in the global financial system, supported by deep, widespread holdings and a unique status few assets can match. Dalio also highlighted Bitcoin’s tendency to move alongside technology stocks. During liquidity crunches or periods of market stress, investors often sell Bitcoin alongside other risk assets to raise cash instead of treating it as a defensive hedge. While Bitcoin gets a lot of attention, it hasn’t played the safe-haven role many expected. In my view, there are a few reasons why. First, Bitcoin lacks privacy. Transactions can be monitored and potentially controlled, which is why central banks aren’t looking to hold it.… pic.twitter.com/j78NJdvrOw — Ray Dalio (@RayDalio) May 11, 2026 He noted that this pattern has been visible in recent cycles, with gold outperforming while Bitcoin experienced sharp drawdowns. The billionaire investor further argued that Bitcoin’s market remains relatively small and more vulnerable to influence compared to the vast, centuries-old gold market, reinforcing the precious metal’s position as a leading store of value. Dalio’s stance on Bitcoin Notably, Dalio has consistently argued that there is “only one gold,” emphasizing its unmatched role in central bank reserves and as a reliable hedge during economic stress. Dalio’s stance on Bitcoin has evolved. After initially approaching the asset cautiously, he later acknowledged its potential as an alternative store of value and acquired a small personal holding. In 2025, he recommended investors allocate about 15% of their portfolios to gold or Bitcoin combined as a hedge against debt and fiat currency risks, though he personally favored gold and kept only around 1% exposure to Bitcoin. Drawing on decades of studying market cycles, Dalio has warned about bubble-like conditions, rising debt, and shifting global power dynamics. While Bitcoin has gained adoption through corporations and ETFs, he maintains that it behaves more like a risk asset than a true safe haven, unlike gold, which continues to hold a central role for institutions and long-term investors seeking stability. Disclaimer : The featured image in this article is for illustrative purposes only and may not accurately reflect the true likeness of the individuals depicted. The post Billionaire Ray Dalio explains why Bitcoin ‘hasn’t played the safe-haven role’ appeared first on Finbold .

12 May 2026, 14:25

Powell Says AI-Driven Growth Complicates Fed’s Rate Path, NBC Reports

BitcoinWorld Powell Says AI-Driven Growth Complicates Fed’s Rate Path, NBC Reports Federal Reserve Chair Jerome Powell acknowledged that accelerating productivity growth fueled by artificial intelligence is creating new uncertainties for the central bank’s interest rate decisions, according to a report from NBC News. The admission signals that the traditional relationship between employment, inflation, and monetary policy may be shifting in an era of rapid technological change. AI Productivity and the Monetary Policy Puzzle In remarks shared with NBC, Powell pointed to emerging evidence that AI adoption is boosting productivity across several sectors of the U.S. economy. While higher productivity can support non-inflationary growth, it also complicates the Fed’s ability to forecast the neutral rate of interest — the level that neither stimulates nor restricts the economy. This makes the path for potential rate cuts later this year less clear than many market participants had hoped. The Fed has held its benchmark interest rate steady at 5.25% to 5.5% since July 2024, following an aggressive tightening cycle. Markets have been pricing in rate cuts for mid-2025, but Powell’s latest comments suggest the central bank is in no rush to ease policy, especially if AI-driven gains keep the economy running hot without stoking inflation. Implications for Investors and the Broader Economy For investors, the key takeaway is that the Fed is now weighing a new variable: whether AI-driven productivity is a temporary boost or a structural shift. If productivity gains prove durable, the economy could grow faster without overheating, potentially delaying rate cuts. Conversely, if the productivity surge fades, the Fed may face renewed pressure to lower rates to support growth. The uncertainty has already rippled through bond markets, with yields on 10-year Treasury notes fluctuating in recent sessions. Stock markets, particularly in the technology sector, have shown mixed reactions as traders reassess the timing of monetary easing. What This Means for Borrowers and Businesses For businesses and consumers, the message is that borrowing costs are likely to remain elevated for longer than previously anticipated. Mortgage rates, credit card rates, and business loan costs are unlikely to decline sharply in the near term. Companies planning capital expenditures tied to AI adoption may need to factor in a higher cost of capital for the foreseeable future. Conclusion Powell’s acknowledgment that AI is reshaping the economic landscape represents a significant shift in the Fed’s public communication. The central bank is now navigating uncharted territory where technological innovation and monetary policy intersect. For now, the path of interest rates remains data-dependent, with AI productivity data becoming an increasingly important input in the Fed’s decision-making process. FAQs Q1: Why does AI-driven growth complicate the Fed’s rate decisions? AI-driven productivity can boost economic growth without triggering inflation, making it harder for the Fed to determine whether the economy is overheating. This uncertainty complicates decisions on when to cut or raise interest rates. Q2: When does the market expect the Fed to cut rates? Markets currently anticipate the first rate cut in mid-2025, but Powell’s recent comments suggest the timing is uncertain and dependent on incoming economic data, including productivity metrics tied to AI adoption. Q3: How does this affect everyday consumers? If the Fed holds rates higher for longer, borrowing costs for mortgages, car loans, and credit cards will remain elevated. Consumers should expect no immediate relief on interest payments. This post Powell Says AI-Driven Growth Complicates Fed’s Rate Path, NBC Reports first appeared on BitcoinWorld .

12 May 2026, 14:20

Euro Slips as Hot US Inflation Data Reinforces Fed’s Higher-for-Longer Stance

BitcoinWorld Euro Slips as Hot US Inflation Data Reinforces Fed’s Higher-for-Longer Stance The euro weakened against the US dollar on Wednesday after a stronger-than-expected US inflation report dampened hopes for an early Federal Reserve rate cut, reinforcing expectations that interest rates will remain elevated for an extended period. Inflation Data Shifts Market Expectations The US Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.4% in January on a seasonally adjusted basis, pushing the annual inflation rate to 3.1%, above the 2.9% forecast by economists. Core CPI, which excludes volatile food and energy prices, climbed 0.4% month-over-month, holding at 3.9% year-over-year, defying expectations of a decline. The hotter-than-anticipated figures triggered a sharp repricing in rate expectations. According to CME Group’s FedWatch Tool, the probability of a rate cut at the Fed’s March meeting fell to below 10%, while the odds of the first cut occurring in June dropped significantly. Markets now price in fewer total cuts for 2024, aligning with the Fed’s own cautious guidance. EUR/USD Reaction and Technical Levels The EUR/USD pair fell approximately 0.6% on the day, sliding below the 1.0700 handle for the first time in over a week. The single currency found support near 1.0670 before stabilizing, but analysts warn that further downside is possible if US economic data continues to show resilience. “The inflation print was a clear reminder that the last mile of disinflation is proving stubborn,” said a senior currency strategist at a European bank. “For the euro, this means a stronger dollar environment for longer, especially if the European Central Bank moves toward easing before the Fed.” Technical indicators show the pair trading below its 50-day and 200-day moving averages, a bearish signal. The next key support level lies at 1.0650, followed by the October 2023 low near 1.0450. Resistance now sits at 1.0750 and 1.0800. Why This Matters for Investors and Businesses A persistently strong dollar driven by higher US rates has broad implications. European exporters face headwinds as their goods become more expensive in dollar-denominated markets. Conversely, US-based multinationals with significant European revenue may see translation benefits. For investors, the dollar’s strength pressures emerging-market currencies and commodities priced in dollars, including gold and oil. Consumers and businesses in the eurozone may also feel the pinch through imported inflation, as a weaker euro raises the cost of dollar-priced imports such as energy and raw materials. This complicates the European Central Bank’s policy path, as it balances inflation concerns with slowing economic growth. Outlook: What to Watch Next Currency markets will now focus on upcoming eurozone inflation data and ECB communications for clues on the divergence between Fed and ECB policy paths. Any signs that the ECB is preparing to cut rates sooner than the Fed could add further pressure on the euro. Meanwhile, US producer price index (PPI) data and retail sales figures later this week will provide additional cues on the strength of the US economy and the trajectory of Fed policy. Analysts caution that the “higher-for-longer” narrative is likely to persist as long as inflation remains above the Fed’s 2% target. The euro’s near-term direction will depend heavily on whether the US economy shows signs of cooling or continues to defy expectations. Conclusion The euro’s decline against the dollar reflects a market recalibrating its expectations for US interest rates following a hot inflation report. With the Fed unlikely to ease policy in the near term, the dollar is poised to remain strong, creating challenges for European exporters and complicating the ECB’s monetary policy decisions. Traders and businesses should brace for continued volatility as economic data drives the next moves in the currency pair. FAQs Q1: Why did the euro fall after the US inflation data? The euro fell because the stronger-than-expected US inflation report reduced the likelihood of early Federal Reserve rate cuts, boosting the US dollar as investors anticipated higher-for-longer interest rates in the US. Q2: What does “higher-for-longer” mean for the EUR/USD exchange rate? “Higher-for-longer” refers to the expectation that the Federal Reserve will keep interest rates elevated for an extended period. This typically strengthens the dollar against the euro, as higher US rates attract capital inflows and increase the dollar’s yield advantage. Q3: How does a weaker euro affect European consumers and businesses? A weaker euro makes imports priced in dollars, such as oil and raw materials, more expensive, potentially fueling inflation. For European exporters, it can make their goods cheaper for foreign buyers, but it also increases the cost of imported inputs, squeezing profit margins. This post Euro Slips as Hot US Inflation Data Reinforces Fed’s Higher-for-Longer Stance first appeared on BitcoinWorld .

12 May 2026, 14:15

Sui to Support Trading for Matrixdock’s LBMA-Backed Silver Token XAGm

BitcoinWorld Sui to Support Trading for Matrixdock’s LBMA-Backed Silver Token XAGm The Sui blockchain has announced support for trading XAGm, an institutional-grade tokenized silver product issued by real-world asset (RWA) platform Matrixdock. The token is fully backed 1:1 by physical silver bars certified by the London Bullion Market Association (LBMA), one of the world’s oldest and most respected precious metals market authorities. Bridging Traditional Silver Markets with DeFi Matrixdock, a Singapore-based RWA tokenization firm, designed XAGm to bring the liquidity and transparency of decentralized finance to the traditional silver market. Each XAGm token represents ownership of one troy ounce of LBMA-approved silver, stored in secure vaults and audited regularly. By listing on Sui, the token gains access to a high-performance Layer-1 blockchain known for its low transaction costs and fast settlement times. This integration allows users to trade, transfer, and hold silver in a digital form without the logistical hurdles of physical storage or verification. For Sui, the addition of XAGm expands its ecosystem beyond native tokens and into the rapidly growing RWA sector, which has attracted significant attention from institutional investors seeking on-chain exposure to tangible assets. Why LBMA Certification Matters The LBMA Good Delivery standard is the de facto global benchmark for gold and silver bullion. Bars meeting this specification are accepted by major refineries, central banks, and trading desks worldwide. Matrixdock’s decision to anchor XAGm to LBMA-certified silver adds a layer of trust and regulatory familiarity that many other tokenized commodity projects lack. This is not Matrixdock’s first RWA token. The firm previously launched XAUm, a gold-backed token that has seen adoption among DeFi protocols seeking stable, asset-backed collateral. XAGm follows the same model, offering a silver-based alternative for portfolio diversification. Implications for DeFi and RWA Markets The listing of XAGm on Sui reflects a broader trend of traditional asset classes migrating on-chain. Tokenized commodities like silver provide DeFi users with a hedge against inflation and market volatility, while offering liquidity providers new yield opportunities. For Sui, which has positioned itself as a scalable platform for complex financial applications, supporting institutional-grade RWAs strengthens its credibility among serious market participants. However, the success of such tokens depends on continued audit transparency, regulatory clarity, and robust smart contract security. Matrixdock has committed to regular proof-of-reserve audits, and the Sui Foundation has implemented rigorous security reviews for all integrated assets. Conclusion Sui’s support for XAGm marks another step toward merging traditional commodity markets with decentralized finance. By offering a tokenized silver product backed by LBMA-certified physical reserves, Matrixdock and Sui aim to provide a secure, liquid, and accessible way for investors to hold and trade silver on-chain. As the RWA sector matures, integrations like this could pave the way for broader institutional adoption of blockchain-based asset management. FAQs Q1: What is XAGm? XAGm is a tokenized silver product from Matrixdock, backed 1:1 by physical silver bars certified by the London Bullion Market Association (LBMA). Each token represents one troy ounce of silver. Q2: How does trading XAGm on Sui work? Users can buy, sell, and transfer XAGm tokens on the Sui blockchain through supported decentralized exchanges or wallets. The token’s value is pegged to the spot price of LBMA-certified silver. Q3: Is XAGm audited? Yes, Matrixdock conducts regular proof-of-reserve audits to ensure that the total supply of XAGm tokens matches the physical silver held in secure vaults. Audit reports are made publicly available. This post Sui to Support Trading for Matrixdock’s LBMA-Backed Silver Token XAGm first appeared on BitcoinWorld .

12 May 2026, 14:03

Bitcoin holds above $80,800 despite hot inflation data

🚨 Bitcoin is trading above $80,800 despite hotter-than-expected US inflation. The chance of a rate hike in 2027 has jumped to 70% while a rate cut in 2026 seems unlikely. 🌍 Market attention is focused on Trump’s statements and the upcoming Fed speeches. Continue Reading: Bitcoin holds above $80,800 despite hot inflation data The post Bitcoin holds above $80,800 despite hot inflation data appeared first on COINTURK NEWS .

12 May 2026, 14:00

Gold Under Pressure as Hotter US Inflation, Rising Treasury Yields Boost Dollar

BitcoinWorld Gold Under Pressure as Hotter US Inflation, Rising Treasury Yields Boost Dollar Gold prices are facing renewed selling pressure this week as hotter-than-expected US inflation data and a corresponding surge in Treasury yields have strengthened the US dollar, reducing the appeal of the non-yielding precious metal. The latest economic reports suggest that the Federal Reserve may need to maintain its restrictive monetary policy stance for longer than previously anticipated, a scenario that historically weighs on gold. Inflation Data Fuels Dollar Strength The US Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.4% month-over-month in January, exceeding the consensus estimate of 0.3%. On an annual basis, headline inflation came in at 3.1%, slightly above the 2.9% forecast. Core CPI, which excludes volatile food and energy prices, also surprised to the upside, rising 0.4% month-over-month and 3.9% year-over-year. These figures indicate that inflationary pressures remain stubbornly entrenched, complicating the Fed’s path toward rate cuts. Following the release, the yield on the benchmark 10-year US Treasury note jumped by approximately 10 basis points to 4.30%, while the US Dollar Index (DXY) climbed above 104.50, its highest level in over a month. Impact on Gold Prices Gold, which pays no interest, becomes less attractive when bond yields rise and the dollar appreciates. Spot gold (XAU/USD) fell by roughly 1.2% on the day of the CPI release, dipping below the key $2,000 per ounce psychological level. Analysts noted that the metal had been trading in a relatively tight range in recent weeks, awaiting a clear catalyst. The inflation data provided that catalyst, but in a direction unfavorable for gold bulls. The inverse correlation between gold and both real yields and the dollar remains a dominant driver of short-term price action. With the Fed now less likely to cut rates in the first half of 2024, the opportunity cost of holding gold has increased, prompting some investors to reduce their long positions. Market Expectations Shift According to the CME FedWatch Tool, the probability of a rate cut at the Fed’s March meeting has fallen to below 10%, down from nearly 50% a month ago. Even the likelihood of a cut in May has diminished, with traders now pricing in a higher chance that the first reduction may not occur until June or later. This hawkish repricing has provided a strong tailwind for the dollar and a headwind for gold. Geopolitical tensions, including ongoing conflicts in the Middle East and Eastern Europe, have offered some support for gold as a safe-haven asset. However, the macroeconomic headwinds from higher yields and a stronger dollar have so far outweighed these geopolitical risk premiums. Outlook and Key Levels to Watch Looking ahead, gold traders will closely monitor upcoming US economic data, including producer price index (PPI) figures and retail sales numbers, for further clues on the Fed’s policy trajectory. Additionally, speeches by Federal Reserve officials will be scrutinized for any shifts in tone regarding the timing of rate cuts. From a technical perspective, support for gold is seen around the $1,975 area, a level that held during a previous sell-off in mid-February. A break below that could open the door toward $1,950. On the upside, resistance is now established at $2,020, with a more significant barrier near the recent high of $2,045. Conclusion The combination of hotter-than-expected US inflation and rising Treasury yields has created a challenging environment for gold, pushing prices lower as the dollar strengthens. While geopolitical risks continue to provide a floor, the shifting expectations for Fed policy are likely to keep gold under pressure in the near term. Investors should remain attentive to incoming data and central bank commentary for further direction. FAQs Q1: Why does gold fall when the US dollar strengthens? Gold is priced in US dollars, so a stronger dollar makes gold more expensive for buyers using other currencies, reducing global demand. Additionally, a strong dollar often coincides with higher interest rates, which increase the opportunity cost of holding non-yielding assets like gold. Q2: How do Treasury yields affect gold prices? Rising Treasury yields, especially real yields (adjusted for inflation), increase the attractiveness of bonds as a safe-haven investment compared to gold, which offers no yield. Higher yields also signal tighter monetary policy, which can strengthen the dollar and further pressure gold. Q3: What is the outlook for gold if the Fed delays rate cuts? If the Fed maintains higher interest rates for longer, gold is likely to remain under pressure. However, persistent geopolitical instability and central bank gold purchases could provide support, limiting downside risks. A clear pivot toward rate cuts would likely be a major bullish catalyst for gold. This post Gold Under Pressure as Hotter US Inflation, Rising Treasury Yields Boost Dollar first appeared on BitcoinWorld .