Tether, the leading issuer of stablecoins, has released its first official attestation report for Tether Gold (XAU₮), a token backed by real gold. The report, issued at the […]
Gold’s Retreat May Signal New Crypto Surge: History Shows Similar Patterns
Recent shifts in global markets are signaling a potential change in the trajectory of cryptocurrencies, particularly XRP. After experiencing an extended rally driven by gold’s recent surge, investors […]
Tether Gold Earns Regulatory Approval and Gains Traction in Q1
Tether has received official regulatory approval in El Salvador, launching the first attestation of its XAU₮ token under this new framework. This aligns with a commitment to transparency […]
Bitcoin’s Gold Connection: Correlation Strengthens Amidst Market Uncertainty
Bitcoin’s recent surge has brought it back into positive territory, approaching $95,000. This rise is driven by a stronger correlation with gold as investors seek assets that can […]
Tether Gold Now Backed by Over 7.7 Tons of Physical Gold
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. […]