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Peter Schiff Doubles Down on Gold Criticism After Embarrassing Binance Stage Moment
According to Odaily, Peter Schiff recently commented on the X platform that gold and silver have risen due to a new round of quantitative easing (QE). He criticized Bitcoin for not experiencing a similar increase, suggesting that it should be "eliminated."
This criticism comes on the heels of a now-viral moment at the #BinaBlockchainWeek in Dubai 2025. During a live debate about #BTCVSGOLD with figures like @CZ , Schiff was handed a gold bar on stage. Instead of confidently affirming its authenticity, he hesitated, scrutinized it, and remarked, It's heavy... I don't know... maybe it's not real gold! The scene, captured in memorable event imagery, showed the prominent gold advocate seemingly unable to verify the very asset he relentlessly promotes over Bitcoin.
The irony was not lost on the audience or the crypto community. Schiff's on-stage uncertainty starkly contrasted with his absolute criticism of Bitcoin, highlighting a practical weakness in his "physical gold" argument while Bitcoin's digital and verifiable nature requires no such physical assay.
🔹 Ethereum has experienced 8 “red” months since the beginning of the year
In the entire history of ETH, there has only been one more “red” month in a year. Importantly, such prolonged declines are more often associated not with sentiment, but with forced sales by funds and investors who need cash.
In November, trading volumes increased, but the price decline slowed down - a sign that the selling pressure is starting to weaken. $ETH {spot}(ETHUSDT)
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High Gains and High Popularity: Who's the Focus Today?
Today's market highlights are concentrated on two aspects: steady gains and astonishing popularity.
Among major trading pairs, $JUV, $TNSR , and $LRC performed exceptionally well, with 24-hour gains of 29%, 18%, and 10% respectively.
{future}(TNSRUSDT)
However, the real market focus was on several highly popular new coins. According to the popularity ranking based on user searches and attention on December 13th:
$RAVE (RaveDAO) ranked second on the popularity list with a gain of over 236%.
Boost (Boost) saw an even more astonishing gain, reaching 274.45%, surging into the top of the popularity list.
$BEAT (Audiera) also performed well, becoming one of the market's focal points with a gain of 46.27%.
{future}(BEATUSDT)
These data illustrate that the significant volatility of newly listed coins in their initial stages attracts a large number of retail investors with a "buy-the-rise" mentality. Another interesting phenomenon is that news of the launch of contract products often greatly stimulates coin prices. For example, after Binance announced the launch of USDT-margined perpetual contracts, the price of $MOCA surged by over 168% in a short period.
{future}(MOCAUSDT)
Summary and Reminders
Overall, market funds tend to chase new projects with high hype and short-term explosive potential when mainstream assets are consolidating. While paying attention to these high-yield opportunities, investors must be aware of the high risks involved. These tokens experience volatile prices, especially with high liquidity risks in the initial stages of listing. Investment decisions must be made cautiously, avoiding blindly following the crowd.
This article is based on publicly available market information and does not constitute any investment advice.
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