The divergence between gold and Bitcoin (BTC) in 2026 can be explained by two distinct segments of buyers, according to Stephen Coltman, head of macro at crypto exchange-traded product (ETP) provider 21Shares.Gold’s rally over the last three years has been primarily fueled by central bank buying, while Bitcoin is more widely held by individuals than financial institutions, Coltman told Cointelegraph. He said:“Physical gold has a greater geopolitical strategic role currently, as the asset of choice for state actors who want to store wealth in a way that is protected from rival powers. This has meant that it has traded with…

Brazil’s Finance Minister, Dario Durigan, is putting crypto tax policy on the back burner until after the country’s presidential elections in October 2026 to avoid pushing for “divisive” tax changes during an election year. Regulators and government officials originally slated a public consultation on crypto tax policy for later this year, which may be delayed until 2027, but still “remains on the radar,” sources familiar with the matter told Reuters.Brazil ended its no tax policy on gains from smaller cryptocurrency sales or transfers in June 2025, shifting to a 17.5% flat tax on crypto capital gains, including those made from offshore…

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