NZD

BiFu
2026-09-03 03:43:10

BiFu pitches one-account access to gold and FX as crypto traders look beyond digital assets

A Foresight article argues that more crypto traders are paying attention to gold and foreign exchange as macro drivers increasingly move digital assets and traditional markets at the same time. The piece points to gold’s sharp 2026 swing — from a record $5,589 per ounce on Jan. 28 to below $4,000 on June 24, its first break of that level since November 2025, according to data cited from Reuters and Bloomberg — as a sign that major opportunities are no longer confined to crypto. The report says BiFu is trying to lower the barrier for crypto-native users to trade traditional products through BiNet, its network for connecting asset classes under a unified account structure. Under that setup, users can trade BTC contracts and instruments such as XAU/USD from the same account without moving funds across separate platforms. The article also says FX and commodities on BiFu are offered as CFDs, with margin trading and long-short functionality. Foresight frames the pitch around three use cases: hedging crypto exposure around Federal Reserve decisions, rotating into gold when crypto markets go sideways, and turning macro views on the dollar or rates into direct positions in FX or gold. It adds that a previous gold-themed trading campaign on the platform attracted about 3 million USDT in cumulative participation.

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BiFu pitches one-account access to gold and FX as crypto traders look beyond digital assets
tokenized gol
2026-07-24 06:40:16

New Zealand Pitches Regulatory Neutrality as Middle East Gold Shifts to Tokens

Physical gold trading carries premiums, storage overhead. Tokenized gold like PAX Gold and Tether Gold is gaining traction. New Zealand’s GoldNZ/SilverNZ tokens offer a politically neutral, well-regulated haven for Gulf capital seeking alternatives to Western financial channels.

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New Zealand Pitches Regulatory Neutrality as Middle East Gold Shifts to Tokens
Bank of Ameri
2026-07-09 04:08:17

Bank of America Joins JPMorgan and Citigroup in Banning Bitcoin Credit Card Purchases; Visa and Mastercard Add 5% Fee

Major U.S. banks, including Bank of America, JPMorgan Chase, and Citigroup, are blocking credit card purchases of cryptocurrency. Visa and Mastercard reclassify such transactions as cash advances with a 5% fee. Bittrex secures a bank for fiat deposits, while Cryptopia loses its bank, highlighting ongoing friction between traditional finance and crypto.

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Bank of America Joins JPMorgan and Citigroup in Banning Bitcoin Credit Card Purchases; Visa and Mastercard Add 5% Fee