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Bitcoin.com News

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Bitcoin.com News

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  • Recession? Defaults? Silver and Gold Keep Surging, and Analysts Are Scared With gold and silver reaching record highs almost daily, leaving investment alternatives in the dust, analysts are scared about what this might mean for the wider economic ecosystem. Some believe this is not normal and might lead to a recession. GOLD’S AND SILVER’S BULL RALLY SCARE FINANCIAL ANALYSTS The relentless bull rally that gold and silver are experiencing is raising concerns among financial analysts, who believe that something may have broken. A recession might be just around the corner, some analysts predict. In a post-Christmas hike, gold reached $4,540 per ounce, and silver has now surpassed $76 on Comex, while Shanghai markets feature significant premiums with prices of over $80 per ounce. This metal escalade is poised to continue, as analysts note there are signs indicating there is still room for growth. Known gold bug Peter Schiff stated that one of these signs is the stagnation of mining stocks compared to the price of these metal commodities. “When the bulls don’t believe the rally, it has a long way to go,” he stressed. What’s more troubling is that there could be a physical delivery default incoming, as refiners that take 1,000-ounce bars and turn them into 1-kilogram ingots destined for Shanghai markets are at capacity. Nonetheless, Silvertrade claims that this will not stop industrial end users from taking delivery of this metal. Michael Gayed, an ETF portfolio manager, stated that this situation was not normal and that it should scare investors. Others agree, stressing that this massive move towards metals is not a good sign for the world’s economy, possibly signaling an upcoming recession. Strategist NoLimit assessed that this kind of move is part of a global loss of trust in the system, comparing it to similar setups before the dot-com bubble, the 2007 global financial crisis, and the 2019 repo market crisis. Jim Rickards recently predicted that gold might reach $10,000, with silver following along for the ride at $200 by 2026.
  • Recession? Defaults? Silver and Gold Keep Surging, and Analysts Are Scared With gold and silver reaching record highs almost daily, leaving investment alternatives in the dust, analysts are scared about what this might mean for the wider economic ecosystem. Some believe this is not normal and might lead to a recession. GOLD’S AND SILVER’S BULL RALLY SCARE FINANCIAL ANALYSTS The relentless bull rally that gold and silver are experiencing is raising concerns among financial analysts, who believe that something may have broken. A recession might be just around the corner, some analysts predict. In a post-Christmas hike, gold reached $4,540 per ounce, and silver has now surpassed $76 on Comex, while Shanghai markets feature significant premiums with prices of over $80 per ounce. This metal escalade is poised to continue, as analysts note there are signs indicating there is still room for growth. Known gold bug Peter Schiff stated that one of these signs is the stagnation of mining stocks compared to the price of these metal commodities. “When the bulls don’t believe the rally, it has a long way to go,” he stressed. What’s more troubling is that there could be a physical delivery default incoming, as refiners that take 1,000-ounce bars and turn them into 1-kilogram ingots destined for Shanghai markets are at capacity. Nonetheless, Silvertrade claims that this will not stop industrial end users from taking delivery of this metal. Michael Gayed, an ETF portfolio manager, stated that this situation was not normal and that it should scare investors. Others agree, stressing that this massive move towards metals is not a good sign for the world’s economy, possibly signaling an upcoming recession. Strategist NoLimit assessed that this kind of move is part of a global loss of trust in the system, comparing it to similar setups before the dot-com bubble, the 2007 global financial crisis, and the 2019 repo market crisis. Jim Rickards recently predicted that gold might reach $10,000, with silver following along for the ride at $200 by 2026.
  • TuringBitChain (TBC): Extending Satoshi Nakamoto’s Vision of a Peer-to-Peer Electronic Cash System TBC (TuringBitChain) is a blockchain project developed as a hard fork of Bitcoin, designed to deliver scalable, secure, and cost-efficient peer-to-peer digital transactions. Built on Proof of Work consensus and the UTXO model, TBC focuses on supporting large-scale payment activity and on-chain applications while maintaining decentralisation and transparent verification. As blockchain adoption expands beyond early experimentation into real-world financial use cases, limitations such as network congestion, elevated transaction fees, and constrained throughput continue to restrict usability across many networks. TBC positions itself as an infrastructure-focused blockchain designed to address these challenges through architectural enhancements aligned with Bitcoin’s original payment-oriented intent. In the Bitcoin whitepaper published in 2008, Satoshi Nakamoto stated: “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” TBC frames its development around this principle by prioritising scalable on-chain capacity, efficient transaction processing, and predictable transaction costs. Proof of Work Security and Network Integrity Security remains a foundational element of TBC’s design. The network operates on Proof of Work consensus, preserving Bitcoin’s established security assumptions and decentralised validation model while supporting a distributed ecosystem of miners and nodes. Satoshi Nakamoto addressed transparency and privacy trade-offs within blockchain systems, noting: “The system is designed to protect user privacy, but not absolutely. Every transaction is broadcast on the network.” He also commented on energy expenditure within Proof of Work systems: “The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste.” TBC reflects this philosophy by treating Proof of Work as a necessary security investment. The network introduces efficiency-focused infrastructure optimisations intended to improve scalability and node accessibility while maintaining verifiable and transparent on-chain data. Techniques such as dynamic data pruning are designed to reduce storage overhead for lightweight nodes under typical operating conditions. Low Transaction Costs and Practical Payment Utility Payment usability is a central commercial objective for TBC. High transaction fees and congestion have limited blockchain suitability for everyday transfers, microtransactions, and remittances across many networks. Satoshi Nakamoto cautioned against excessive defensive mechanisms that undermine legitimate use, stating: “We have to make the barrier high enough to prevent spamming, but low enough to still allow legitimate use.” TBC addresses this challenge by expanding block capacity and optimising transaction validation. The network is designed to support high transaction volumes while maintaining verification efficiency, enabling transaction costs that are designed to remain low under typical network conditions. This approach supports use cases requiring frequent transfers, predictable fees, and payment scalability. Throughput and On-Chain Scalability Scalability remains a critical requirement for blockchain networks seeking broad adoption. In 2010, Satoshi Nakamoto observed: “I’m sure that in 20 years there will either be very large transaction volume or no volume.” TBC responds to this challenge through a large block architecture intended to support higher transaction throughput compared to traditional Bitcoin-based implementations. By leveraging parallel UTXO validation and optimised block processing, the network is designed to handle sustained transaction growth directly on chain, reducing reliance on layered scaling solutions. This scalability supports payment processing, data-intensive applications, and blockchain use cases often associated with enterprise and large-scale deployments. UTXO-Based Smart Contracts and On-Chain Applications Although Bitcoin was not originally positioned as a smart contract platform, Satoshi Nakamoto highlighted the extensibility of its scripting system, stating: “The scripting language is designed to be flexible and extensible… advanced features such as multi-signature transactions, time locks, and more complex logic to be added in the future.” Building on this foundation, TBC introduces a UTXO-based smart contract framework designed to enable advanced on-chain logic while preserving Bitcoin’s transaction architecture. Smart contracts execute independently at the transaction output level, reducing global state congestion and improving execution efficiency. The network supports decentralised applications, on-chain token standards, and digital assets, with full data storage maintained on chain to enhance transparency, auditability, and long-term data integrity. Conclusion Bitcoin was introduced as an open experiment. In his final communications, Satoshi Nakamoto wrote: “ Bitcoin is an experiment. Let’s see how it plays out.” He also stated: “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” TBC positions itself as part of this ongoing experiment, extending Bitcoin’s original payment-focused vision through modern scalability, cost-efficient transactions, and expanded on-chain functionality. By combining Proof of Work security, large block throughput, and UTXO-based programmability, TBC presents a blockchain infrastructure designed for real-world adoption and sustained transaction volume.
  • Gold hits a new all-time high, surpassing $4,400 per ounce.
  • Gold hits a new all-time high, surpassing $4,400 per ounce.
  • Is a generational shift in wealth building is underway
  • Elon Musk posts "Energy is the true currency."
  • Inflation Cools and Stocks Rise, So Why Is Bitcoin Still Floundering? The cryptocurrency rallied momentarily Thursday morning before dropping back to $85K later in the day. Why Is Bitcoin Stuck With Inflation Cooling and Stocks Up? The Bureau of Labor Statistics (BLS) published its long-awaited Consumer Price Index (CPI) report on Thursday, revealing cooler-than-expected inflation data. Stocks rose on the news, and so did bitcoin, albeit temporarily. The cryptocurrency swung up to $89K before nosediving to $85K, reinforcing an unpredictable pattern that has once again left pundits somewhat vexed. “We need to know what happened on October 10,” crypto trader Elliot Wainman wrote. “It’s VERY apparent that the market broke that day and nothing has been the same since.” Headline inflation for November came in at 2.7%, lower than the 3.1% predicted by economists. The last reading from September showed a 3% CPI. October’s data was never collected due to the 43-day government shutdown. The closure also caused November’s report to be published eight days behind schedule. Core inflation, which subtracts food and energy categories due to their volatile nature, rose 2.6%, also lower than predicted. The U.S. Federal Reserve, which has been having a tough time fulfilling its dual mandate of maintaining stable prices and full employment, may take a more dovish stance in 2026 if inflation continues to cool. Fed Chairman Jerome Powell has been caught between a rock and a hard place as both inflation and unemployment have trended upward over the past few months, today’s report notwithstanding. But odds of a January cut remain relatively low, according to the CME Fedwatch Tool, although most experts seem to agree that a March reduction is highly likely. The S&P 500, Nasdaq, and Dow all surged 0.85%, 1.44%, and 0.23% respectively, but bitcoin was treading water, dipping 0.37% at the time of reporting. “We haven’t seen Bitcoin or Alts trade like this since 2018,” Wainman said. “We need answers.” Overview of Market Metrics Bitcoin was trading at $85,472.12, down 0.37% for the day and 6.02% for the week, according to Coinmarketcap data at the time of writing. The digital asset’s price fluctuated between $85,242.71 and $89,412.66 over the past 24 hours. Daily trading volume climbed 14.61% to $48.62 billion and market capitalization remained flat at $1.71 trillion. Bitcoin dominance rose by 0.08% to 59.80%, as several high-profile alts shed more than 8%. Total bitcoin futures open interest dropped 1.20% to $56.35 billion, according to Coinglass. Liquidations remained elevated on Thursday, totaling $176.22 million. Long investors lost $112.28 million, twice as much as short sellers, who saw $63.94 million in liquidations.
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