Tether has significantly expanded its gold reserves with a strategic investment in Elemental Altus, acquiring a substantial 31.9% stake in the company. This move adds over 78 million […]
Tether Invests in Gold: Acquires Major Stake in Elemental Altus Signaling a Shift to a Gold-Backed Stablecoin
Tether, the issuer of the world’s largest stablecoin USDT, has made a bold move by acquiring a 32% stake in Elemental Altus Royalties Corp., a Canadian gold-focused firm, […]
Bitcoin Breaks Barriers as Gold Stagnates: Is $140,000 on the Horizon?
Bitcoin is experiencing a resurgence in momentum, surpassing its previous peak while gold remains stagnant. Analysts are exploring whether this shift marks a turning point, with some projecting […]
Tether Invests in Gold to Enhance Value of USDT Stablecoin
USDT issuer, Tether, has acquired a significant stake in Elemental Altus Royalties Corp., a Canadian company specializing in gold royalty streams. This move strengthens Tether’s commitment to diversifying […]
Tether Invests in Elemental Altus Royalties, Bolsters Gold-Backed Tokens
Tether Investments has taken a significant stake in Canadian-based Elemental Altus Royalties, acquiring approximately 31.9% of the company’s shares. This move signals Tether’s commitment to strengthening its Tether […]
Tether Invests Heavily in Gold: Acquires 32% Stake in Canadian Royalty Firm
Tether, the company behind the world’s largest stablecoin USDT, has significantly expanded its gold investment strategy. It acquired a 31.9% stake in Elemental Altus Royalties Corp., a Canadian […]
Paul Tudor Jones: Prepare for Financial Constraint, Seek Diversification in Bitcoin, Gold, and Equities
Renowned macro investor and hedge fund manager Paul Tudor Jones has issued a stark warning about the potential trajectory of the US economy. In a recent interview with […]
Tether Acquires Major Stake in Gold Royalty Firm, Expanding Gold Portfolio
Cryptocurrency giant Tether has taken a significant step into the gold market, acquiring a 32% stake in Elemental Altus Royalties, a leading Canadian gold royalty firm. This move […]
Bitcoin and Gold: Hedge Against Growing U.S. Debt, Analysts Warn
Despite strong investor demand in U.S. Treasury bonds, analysts warn of growing concerns about the U.S.’s financial future. The latest auction results show robust demand for government debt, […]
Tether Acquires Significant Stake in Gold Royalty Firm, Signaling Hard Asset Backed Stablecoin Expansion
Tether Investments has made a strategic acquisition by purchasing approximately 31.9% of shares in Elemental Altus, a Canadian gold royalty company. This move signifies Tether’s commitment to strengthening […]
Gold & Oil Surge as US Presence Eases from Middle East
Oil prices surged on Thursday, reaching levels not seen in over two months after the US government relocated personnel from the Middle East. This comes amidst escalating tensions […]
Paul Tudor Jones: Bitcoin, Gold, and Stocks for Inflation Protection
Renowned investor Paul Tudor Jones has proposed a strategic investment approach centered around Bitcoin, gold, and stocks as the most effective means to mitigate inflation’s impact on wealth. […]
Gold Rises to Second Spot as Central Banks Seek Safe Haven
A shift in global reserve asset allocation is underway. Recent data shows that gold has surpassed the euro to become the second-largest reserve asset, trailing only the U.S. […]
Gold Surpasses Euro as World’s Second-Largest Reserve Asset
Central banks have shifted their reserve holdings, with gold surpassing the euro as the second most popular asset in the world. According to the European Central Bank (ECB), […]
Spot Gold Breaks Past $3,360 Barrier
Gold prices surged past the $3,360 mark this week, marking its highest point since June 6th, according to PANews. The precious metal enjoyed a daily increase of 1.13%.