Stablecoin issuer Tether has taken a significant step towards bolstering the stability and trust associated with its gold-backed token, XAUT. By acquiring 7.7 tons of gold, Tether seeks […]
Tether Launches First Audit of its Gold-Backed Token, XAU₮
Tether has released its first independent audit for its gold-backed stablecoin, XAU₮. The report confirms that each XAU₮ token is backed 1:1 by one troy ounce of physical […]
Gold Price Prediction: Will Prices Dip Below $3200?
Recent market movements saw a brief pullback in gold prices, likely triggered by geopolitical developments and Donald Trump’s actions regarding the Russia-Ukraine conflict. While the traditional market has […]
Gold-Backed Crypto Surges Amidst Global Economic Uncertainty
The value of gold-backed cryptocurrencies has surged in recent weeks, fueled by heightened global economic uncertainty and the impact of President Trump’s trade tariffs. Tether Gold (XAUT) and […]
Tether Gold (XAU₮) Boasts $770 Million Market Cap After New Attestation Release
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 […]