Stablecoin issuer Tether has secured over 7.7 tons of physical gold to back its XAUT tokenized asset, according to a recent attestation report. The company revealed this information […]
Tether Acquires Gold to Strengthen XAUT Token Backing
Tether has acquired 7.7 tons of gold, bolstering its XAUT token’s collateral and stability. This strategic move aligns with Tether’s CEO Paolo Ardoino’s vision for a stablecoin-focused future. […]
Tether Gold’s Market Value Exceeds $770 Million
Tether Gold (XAU₮) boasts a market value exceeding $770 million as its circulating supply, based on the latest data from PANews, reaches 246,523.33 ounces of gold. This equates […]
Korean Crypto Investors Eye Bitcoin’s Potential to Outperform Gold
A recent survey reveals a significant shift in investment preferences among Korean cryptocurrency investors. It suggests they are increasingly confident that Bitcoin will deliver superior returns compared to […]
Gold’s Cooling Trend May Fuel a Major XRP Price Spike: Expert Predictions
The cryptocurrency market is showing signs of renewed strength as gold prices cool after a strong rally. Bitcoin has surged past the $95,000 mark, experiencing an impressive 11% […]
Tim Draper Claims Gold is ‘Dead’ as He Proclaims Bitcoin’s Advantages
Venture capitalist Tim Draper boldly declared that gold is no longer relevant in today’s world, asserting that Bitcoin offers superior functionality and accessibility for everyday transactions. Draper highlighted […]
Gold Reaches New High as Global Instability Drives Investment Surge
Gold has reached a historic high of $3,500 per ounce, fueled by global economic instability and rising inflation concerns. Investors are flocking to safe-haven assets like gold amid […]
Billionaire Tim Draper Claims Gold is Over, Bitcoin Takes Center Stage
Venture capitalist Tim Draper has declared that gold is no longer relevant in the modern financial landscape, stating, “It just sits there. Bitcoin moves.” He argues that Bitcoin’s […]
Bitcoin Rises While Stocks Fall: Is Decoupling Here to Stay?
Recent market observations suggest Bitcoin and Gold are decoupling from traditional risk assets, leading some experts to proclaim a new era of safe haven investing. Despite the ongoing […]
China Shifts Reserves Strategy as Trade War Intensifies
The ongoing trade war between China and the US is creating uncertainty in the global market, prompting a shift by major economies towards gold and cryptocurrencies. The tensions […]
Gold Reaches New High: Price Consolidates Amid Market Uncertainty
Gold prices reached a historic peak of $3,341.30 this week, marking a significant 7% increase from mid-2023. This surge followed a strong parabolic upward trend throughout the period. […]
China Considers Shifting from US Treasurys to Gold & Crypto
Central banks, including China, are exploring alternatives to US Treasury holdings as geopolitical tensions and uncertainty rise. BlackRock’s Jay Jacobs points to a growing trend of diversification away […]
Gold Prices Plunge Below $3,290 Per Ounce
Gold prices have experienced a significant drop, falling below $3,290 per ounce. In just one day, the commodity has declined by 1.77%. According to reports from Odaily.
Gold Prices Drop Below $3,290 Per Ounce
Gold prices have experienced a significant downturn, dipping below the $3,290 mark per ounce as of today’s trading. A daily decline of 1.77% has been recorded, according to […]
Gold’s Surge Signals Potential Crypto Bull Run for Cardano
Crypto analyst Dan Gambardello highlights a potential bullish catalyst for cryptocurrency markets as gold prices surge, reminiscent of patterns seen in 2020 before a major Bitcoin and Cardano […]