Mike Cagney: Bitcoin’s stability rivals gold and silver, Tether’s shift to gold signals market confidence, and capital is rotating from crypto to precious metals
The post Mike Cagney: Bitcoin’s stability rivals gold and silver, Tether’s shift to gold signals market confidence, and capital is rotating from crypto to precious metals appeared on BitcoinEthereumNews.com.
Shifts in capital from crypto to precious metals highlight changing investor sentiments and market dynamics. Key takeaways Bitcoin is being compared to gold and silver in terms of market behavior, indicating its potential as a stable asset. Tether’s investment in gold over fiat or treasury securities suggests a belief in gold’s superior returns. Gold’s valuation could be significantly higher if aligned with overall monetary aggregates. China’s preference for silver over gold is rooted in historical perspectives on monetary value. The silver to gold ratio is expected to decrease, indicating potential changes in market dynamics. Increased reserve requirements at the CME could boost silver market volatility. Rumors of silver scarcity due to Chinese export restrictions are unfounded. Capital is shifting from crypto to precious metals, impacting interest in digital assets. Trading volumes in precious metals are moving towards DeFi platforms, indicating a shift in market practices. The US regulatory environment is hindering the promise of tokenization and crypto growth. Institutional capital may eventually migrate to DeFi, recognizing blockchain’s benefits. A new equity capital market is emerging on blockchain, offering significant potential for financial transformation. Guest intro Mike Cagney is CEO of Figure Markets, a digital asset-focused subsidiary of Figure that operates a decentralized custody crypto exchange and launched Democratized Prime, a DeFi lending protocol connecting lenders and borrowers with on-chain assets like mortgages. He previously co-founded and served as CEO of SoFi, pioneering marketplace lending in student loans, mortgages, and personal loans. Cagney also co-founded Figure Technologies, the first company to originate consumer loans on the blockchain. Bitcoin’s market behavior and comparisons “Bitcoin is showing signs of life and is being compared to gold and silver in terms of market behavior.” – Mike Cagney Bitcoin’s stability is likened to that of gold and silver, suggesting its potential as a long-term asset.…
Filed under: News - @ February 3, 2026 9:28 pm