World Gold Council CEO Warns Bitcoin Will Eventually Go to Zero
The CEO of the World Gold Council has issued a warning that Bitcoin will eventually decline to zero, explaining the reasons behind this prediction.
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The CEO of the World Gold Council has issued a warning that Bitcoin will eventually decline to zero, explaining the reasons behind this prediction.

The Government of Ghana has secured an initial US$250,000 development grant from the World Gold Council, part of a larger US$1 million package, to support responsible artisanal and small-scale gold mining and curb illicit activities.

According to the World Gold Council, central banks resumed adding to their gold holdings in April, marking a rebound from a significant selloff observed in March.
The National Bank of Serbia (NBS) purchased 900 kilograms of gold in January, following a similar trend seen in China, which acquired an additional 1.2 tons, according to the latest data from the World Gold Council reported by Forbes Serbia.


Ghana's government and the World Gold Council have signed a $250,000 strategic partnership to formalize artisanal and small-scale gold mining, improve supply chain integrity, and reduce illicit gold flows.

The World Gold Council notes a renewed surge in demand for physical gold bars and coins, driven by geopolitical instability and rising inflation concerns, even as professional investors in America hold back on gold securities due to expectations of higher interest rates.

According to the World Gold Council, approximately 216,000 tons of gold have been mined throughout history, which could be melted down into a single cube with sides of about 22 meters.

The World Gold Council believes Asian markets are increasingly influential in gold price discovery and are crucial for curbing potential price plunges, as the metal remains sensitive to geopolitical concerns.

The World Gold Council, in collaboration with the Boston Consulting Group, has released a new framework aimed at modernizing gold trading through tokenization, providing a comprehensive guide for the industry.