2 days ago
Germany is storing over $109 billion worth of gold in the New York Federal Reserve’s vaults, but some officials in the country are beginning to call for less trust and more verification. Michael Jäger of the European Taxpayers’ Association – a federation of 29 national taxpayers associations throughout Europe – is urging Germany to immediately obtain its gold from the USA amid tention between the White House and the US, Bild reports . Says Jäger, “The Bundesbank and the German government must demonstrate foresight in this phase of global power shifts and immediately retrieve German gold from the USA. Especially at a time when Berlin and Brussels are discussing immense new debt, we need immediate access to all gold reserves in an emergency.” Jäger says that at a minimum, Germany should at least be able to “physically inspect” the gold bars. European Member of Parliament Markus Ferber echoes Jäger’s sentiments, telling Bild: “I demand regular checks of Germany’s gold reserves. Official representatives of the Bundesbank must personally count the bars and document their results.” Meanwhile, lawmaker Marco Wanderwitz says Germany’s CDU (Christian Democratic Union) is advocating that Germany needs to “either check regularly or retrieve the gold.” The Germans’ calls for inspecting the gold reserves comes as Elon Musk, tech billionaire and close aid of President Trump, is suggesting that an audit of Fort Knox in Kentucky be “livestreamed.” The last time Fort Knox was audited was in September of 1974. In a statement to Bild, a spokseperson for Germany’s Bundesbank quoted and reiterated a Feburary statement from the bank’s President, Joachim Nagel. “We have (…) absolutely no doubt that with the Fed in New York we have a trustworthy, reliable partner in the storage of our gold reserves.” Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $109,000,000,000 in US Gold Reserves Now in Question as German Officials Demand to Count Bullion Bars At New York Fed: Report appeared first on The Daily Hodl .
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Dogecoin Fading Fervor: Has The Meme Coin Lost Its Mojo?
Dogecoin is now grappling with a slowdown in momentum that has left many investors wondering if its best days are behind it. After tumbling to the $0.1293 mark, DOGE managed to pull off a notable rebound, suggesting that the bulls aren’t ready to throw in the towel just yet. As market interest shifts toward newer trends and utility-driven tokens, Dogecoin’s fading excitement is becoming hard to ignore. Despite the recent recovery, trading activity remains tepid, and the community buzz that once fueled its rallies appears to be losing steam. Technical Breakdown Of The $0.1293 Bounce According to Cantonese Cat in his latest post on X, before Dogecoin’s rebound at $0.1293, the Relative Strength Index (RSI) indicator formed a bullish divergence, which played a significant role in the price recovery. In technical analysis, a bullish divergence occurs when an asset’s price makes lower lows while the RSI forms higher lows. Related Reading: Dogecoin (DOGE) Bleeds Further—Fresh Weekly Lows Test Investor Patience Based on his post, this discrepancy between the price action and the RSI suggests that although the price is declining, the momentum behind the selling is weakening, signaling a potential shift in market dynamics. In Dogecoin’s case, the RSI’s bullish divergence provided an early indication that the market was oversold and that a reversal could be in the cards. Traders closely monitor such divergences since they often precede price reversals. When the price reached the $0.1293 level, it acted as a key support, triggering the buying pressure as the bearish momentum faded. Next Big Move: Can Dogecoin Break Free from The Slow Lane? Dogecoin has been experiencing a period of sluggish price action, with its recovery efforts often met with resistance. After a modest rebound from the $0.1293 support level, the meme coin has struggled to maintain momentum. The key question now is whether Dogecoin can break through the current resistance levels and ignite a sustained rally. Related Reading: Dogecoin Forms A Daily Bullish Pattern – Analyst Expects A Breakout To $0.43 If Dogecoin manages to break free from its current slowdown, it could recover the $0.18 resistance level. A successful breakout above this level would reinforce the strength of the bullish momentum for additional gains. This would pave the way for DOGE to target higher resistance zones, such as $0.2403 and $0.2923, potentially driving the price into a more substantial upward trend. Additionally, broader market conditions and sentiment around meme coins will play a crucial role. While Dogecoin has shown resilience in the past, the road ahead will require strong demand, a solid breakout above key levels, and sustained buying pressure to drive the price out of its current range. If these factors align, Dogecoin might see a powerful breakout, shifting from its slow climb into a more decisive upward trend. Featured image from Shutterstock, chart from Tradingview.com The Daily Hodl
After a 15% Dip, Solana, XRP, and Bitcoin (BTC) Remain Top Long-Term Picks
The cryptocurrency market has recently experienced a 15% downturn, prompting investors to reevaluate their portfolios. Despite this volatility, Solana (SOL) , XRP , and Bitcoin (BTC) continue to demonstrate resilience, solidifying their status as top long-term investment options. Current Market Performance As of April 8, 2025 , the market reflects the following prices: Solana (SOL) : Trading at $108.75 , with an intraday high of $112.37 and a low of $99.38. XRP : Priced at $1.88 , experiencing an intraday high of $1.99 and a low of $1.75. Bitcoin (BTC) : Valued at $79,059.00 , reaching an intraday high of $80,936.00 and a low of $75,773.00. These figures indicate a recovery trajectory, suggesting that these cryptocurrencies maintain strong fundamentals and investor confidence. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE: An Emerging Contender with High Growth Potential While established cryptocurrencies offer promising prospects, emerging projects like MAGACOINFINANCE present opportunities for potentially higher returns. Unprecedented Growth Potential MAGACOINFINANCE has successfully raised over $5.3 million in its pre-sale phase, indicating strong investor interest. With a total supply capped at 100 billion tokens , the project is strategically positioned for significant appreciation as it approaches its official listing. Exclusive Offer: 50% Bonus with MAGA50X Investors have a limited-time opportunity to maximize their holdings through the MAGA50X bonus: Pre-sale Price : $0.0002704 per token Listing Price : $0.007 per token By applying the MAGA50X bonus, the purchase price is effectively reduced to $0.0001803 per token. This adjustment enhances the potential Return on Investment (ROI) to approximately 3,782% , or a 37.82x increase. Consequently, a $1,000 investment at this rate could potentially grow to $37,820 before the first exchange listing. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Cardano (ADA), Stellar (XLM), and Hedera (HBAR): Additional Considerations Other cryptocurrencies also present investment opportunities: Cardano (ADA) : Trading at $0.585577 , with an intraday high of $0.602615 and a low of $0.537221. Stellar (XLM) : Priced at $0.229479 , experiencing an intraday high of $0.240667 and a low of $0.216473. Hedera (HBAR) : Valued at $0.156175 , with an intraday high of $0.159066 and a low of $0.134696. These assets have shown resilience and may offer growth potential, but they currently lack the momentum observed in MAGACOINFINANCE . CLICK HERE TO JOIN THE NE-XT BILLION DOLLAR PROJECT Conclusion MAGACOINFINANCE offers opportunities for even greater gains, with innovative approaches and attractive pre-sale incentives. As always, thorough research and consideration of market dynamics are essential when making investment decisions. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website : magacoinfinance.com Twitter/X : https://x.com/magacoinfinance Continue Reading: After a 15% Dip, Solana, XRP, and Bitcoin (BTC) Remain Top Long-Term Picks The Daily Hodl
