News

Michael Saylor stated that Bitcoin is digital capital, and one of its killer applications is digital credit. He also noted that the risk-adjusted returns of digital credit outperform other asset classes. (Bitcoin Archive)

India's hesitation has resulted in an LNG cargo from the US-sanctioned Russian Portovaya Baltic factory being unable to unload, even though the vessel was marked for India as its destination in mid-April. Although related documents suggest the cargo did not originate from Russia, the vessel's movements were still tracked. (Reuters)

```htmlGolden Ten Data reported on May 11 that Gandharv Walia, a columnist for The Economic Times of India, stated that on Monday, gold prices fell due to geopolitical tensions causing inflation concerns and shifting interest rate expectations. Silver, however, performed differently. Silver usually benefits from both industrial demand and investment demand, and traders have increased their purchases because of expectations related to industrial uses and price trends. Currently, the market anticipates volatility in the precious metals sector. This week, the US April inflation data will be released. Strong inflation data may delay rate cuts, which could put pressure on gold again; lower inflation levels could support gold prices. Global diplomatic efforts regarding the Iran issue are also important—any results could affect market sentiment and precious metals prices. On the other hand, silver benefits from industrial demand. Manufacturing and technology sectors require silver for electronic devices and energy systems. If economic activity remains stable, silver's performance may continue to outperform gold.```