BizwavemediaPersonal Finance and Crypto Updates

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Spot gold reached a record high of $3,833 today, marking a nearly 2% gain as the precious metal continues its surge amid ongoing geopolitical tensions and central bank demand.

Gold has outperformed the S&P 500 by a factor of three this year, with spot prices climbing over 45% year-to-date in 2025. The rally extended gains above $3,800 per ounce in late September.

Central banks have ramped up purchases, with China steadily increasing its gold holdings, contributing to sustained institutional demand for the inflation hedge.

Deutsche Bank forecasts gold prices exceeding $4,000 per ounce by the end of 2025, driven by factors including Federal Reserve rate cuts and a weaker dollar.

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Bitcoin and Ethereum short positions worth around $226 million were liquidated in a 24-hour period today as both cryptocurrencies surged higher.

The liquidations highlight intense volatility in crypto markets as traders betting against price increases faced forced closures of their positions. Bitcoin, the leading cryptocurrency, and Ethereum, the second-largest digital asset, drove the majority of the liquidation activity.

Ethereum shorts alone accounted for $137.9 million in liquidations during the 24-hour period. The forced closures occurred as both cryptocurrencies extended gains, creating additional upward momentum.

Broader market data shows over $330 million in short positions were wiped out across all cryptocurrencies as bearish traders faced margin calls amid the price rally.

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T-Rex launched its 2X BitMine ETF (BMNU) today, generating $32 million in first-day trading volume and ranking as the third-best ETF debut of 2025, according to Bloomberg ETF analyst Eric Balchunas.

The fund provides 2x daily leveraged exposure to BitMine Immersion Technologies (BMNR), which holds 2.4 million ETH valued at $9.6 billion. The product capitalizes on growing investor interest in companies with substantial crypto treasury holdings, particularly those focused on Ethereum accumulation.

BMNU’s debut volume trails only the XRP ETF and Dan Ives ETF among approximately 650 ETFs launched in 2025. The strong opening reflects a robust appetite for leveraged crypto exposure products amid rising institutional adoption of digital assets.

BitMine has positioned itself as a leading Ethereum accumulator. The company has signaled ambitions to reach a 5% Ethereum supply target.

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Robinhood is listing the WLFI token on its US trading platform. WLFI is the deflationary token from World Liberty Financial, a Trump-backed DeFi project that aims to bridge traditional finance with decentralized finance.

The token currently trades at around $0.2 with a market cap of $5.4 billion. WLFI’s price has declined about 37% since launch.

World Liberty Financial has burned 47 million WLFI tokens and integrated with BNB Chain. The project recently secured a full listing on Gemini Exchange, including trading, custody, and USD1 stablecoin support.

The platform plans to launch a debit card for WLFI users with Apple Pay support, powered by the USD1 stablecoin. World Liberty Financial positions itself as a “Venmo + Robinhood of crypto” to connect traditional finance with DeFi.

Robinhood recently submitted a regulatory proposal to the SEC for real-world asset tokenization, including plans for a compliant RWA exchange on Solana and Base blockchains.

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Jim Cramer, the CNBC “Mad Money” host, has advocated for investing in individual stocks, citing the surge in Apple and Nvidia shares as examples of why targeted investments can outperform broader market strategies.

The financial commentator’s recommendation comes as both tech giants have delivered substantial gains this year. Nvidia has surged around 37% year-to-date, driven by demand for AI chips used in data centers and machine learning applications.

Apple, the Cupertino-based iPhone maker, has also posted strong gains amid robust sales of its consumer electronics and growing services revenue. Both companies have been key drivers of S&P 500 performance this year.

Cramer has historically emphasized owning rather than trading high-growth stocks. Nvidia exemplifies this approach, delivering over 1,300% returns since 2021, though the semiconductor company also experienced a steep drop in 2022 during broader market corrections.

The Santa Clara-based GPU manufacturer specializes in graphics processing units used across gaming, AI, and data center applications, positioning it at the center of the artificial intelligence boom driving current market enthusiasm.

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Bitcoin spot ETFs recorded $363 million in outflows on Monday, with no inflows across any of the 12 approved funds. The outflows affect regulated investment vehicles launched in the U.S. in 2024 that hold actual Bitcoin to mirror its real-time price.

The withdrawal marks a notable shift for the ETF category, which has drawn over $57 billion in cumulative net inflows since the Securities and Exchange Commission first approved the products in January 2024.

Assets under management for Bitcoin spot ETFs surpassed $110 billion in 2025, outpacing some traditional ETF categories and rivaling gold ETFs in returns, according to industry reports.

The funds have experienced fluctuating flows throughout 2025, with periods reaching $25 billion in weekly volume during market highs contrasted by outflows amid economic uncertainty and institutional repositioning.

Outflows often correlate with Bitcoin price volatility, with investors pulling funds when the digital currency dips below key support levels. Similar patterns emerged in early 2024 during initial ETF conversions from legacy products like Grayscale’s GBTC.

The 12 SEC-approved funds are managed by firms including BlackRock, Fidelity, and Grayscale, representing the primary institutional gateway for Bitcoin investment in traditional financial markets.

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Bitcoin fell below the 0.95 Cost Basis Quantile today, entering a zone typically associated with profit-taking activity, according to data from blockchain analytics firm Glassnode.

A failure to reclaim this threshold could see Bitcoin test lower support levels between $105,000 and $90,000. However, successfully moving back above the 0.95 Cost Basis Quantile would indicate renewed market strength.

The Cost Basis Quantile serves as a key metric for gauging market risk levels and potential price action zones for the leading digital asset.

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