Capital B Acquires 12 BTC - Holdings Surge to 2,812 Bitcoin

Another major player doubles down on digital gold while traditional finance keeps printing paper promises.

The Bitcoin Accumulation Game

Capital B just loaded up another 12 BTC onto their balance sheet - pushing their total stash to 2,812 bitcoin. That's serious conviction in a market where most institutional investors still treat crypto like a contagious disease.

Strategic Positioning

While gold bugs celebrate breaking $3,800, smart money keeps flowing into the original decentralized asset. This acquisition signals continued institutional confidence in Bitcoin's long-term value proposition - something Wall Street analysts still can't quite wrap their heads around.

Another day, another institution realizing that 21 million beats infinite printing presses every time.

Gold Price Breaks $3818: Why Is the Metal Surging?

Gold has become the new breakout asset, surging rapidly across the radar. The asset has now become a premium SAFE haven option for investors to explore amid weakening faith in the fiat current narratives. The price of gold has been primarily surging due to the weak US economic growth factors, giving rise to a volatile fiat market structure. Speculations regarding the Federal Reserve conducting more than one rate cut this year are also rising, making the markets volatile in general. This scenario is shaping gold’s luminous price path, helping the asset attract a crowd and significant price traction.

JUST IN: Gold price hits new all-time high of $3,818 per ounce. pic.twitter.com/nlabcwkXmu

Noteworthy economist Peter Schiff attributes the current gold price surge to rising inflation, unemployment, and swelling Federal Reserve debts as one of the reasons fueling its rally.

The mainstream media has no idea why gold is rising. They attribute the gain to uncertainty, volatility, or rising geopolitical risks. They refuse to recognize that rising unemployment, swelling federal deficits, rate cuts, and a weakening dollar will lead to soaring inflation.

Another financial expert, Daniel Lacalle, commented on how global banks around the world are also playing a key role in shaping the ongoing gold price rally.

Gold continues its seemingly unstoppable rise.

Gold is soaring because fiat money has stopped being a reserve asset in many central banks around the world, while governments continue to spend as if nothing mattered.

via Bloomberg pic.twitter.com/CKYIrhtkGo

Gold: Next Price Stop?

According to Rashad Hajiyev, gold is rising rapidly and could overshoot $4K price levels, as predicted by Hajiyev earlier.

Gold broke out on August 28th from a 4.5-month formation and since then produced a 12% rally since then. Most importantly, gold never formed a meaningful correction giving a chance to jump in. Gold could potentially overshoot my revised to $4k target… pic.twitter.com/GRdE4NMs6M

The expert projects a mid-October timeline for the metal to break out and hit the $4000 mark as its new ATH.

Gold broke out last Friday, but failed to follow through giving back part of the day's rally. Gold gained 2% during the passing week. Gold needs to rally 6.5% to reach $4k, which could happen already by mid October… pic.twitter.com/PHaYan0nco