Prominent gold advocate and financial commentator Peter Schiff has likened beleaguered Celsius Network founder Alex Mashinsky to infamous Ponzi schemer Bernie Madoff. …
gold
-
-
Finance
Tether Reports $1B Profit in Q1 2025, Expands Into Gold, Agribusiness, and Juventus Football Club
by shayaanby shayaanTether, the issuer behind the world’s largest stablecoin USDT, is no longer just a crypto heavyweight—it’s becoming a major player in traditional …
-
Analysis
Analysts Say Gold Likely in Strongest Market of All Time Amid Central Bank Accumulation and US Dollar Weakness
by shayaanby shayaanUncertainty is driving gold’s price momentum, according to analysts at the capital markets newsletter The Kobeissi Letter. The Kobeissi Letter’s official account …
-
In brief Gold rose 0.7% to $3,357 while Bitcoin hovered near $97,500 ahead of the Fed’s rate decision. An upcoming Fed meeting …
-
Scams
Public Keys: Strategy Doubles Down on Bitcoin Plans, Robinhood Glitters With Gold
by shayaanby shayaanIn brief Strategy announced its 42-42 Capital Plan to amass $42 billion in equity and fixed income by 2027 despite posting a …
-
What may or may not have been a blow-off top last week in the price of gold appears to have benefitted bitcoin …
-
Adoption
US Commerce Secretary Howard Lutnick reiterates Bitcoin is a commodity, should be treated like gold
by shayaanby shayaanSecretary of Commerce Howard Lutnick said the US is embracing Bitcoin (BTC) businesses, signaling a sharp policy shift from the Biden administration’s …
-
Adoption
Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets
by shayaanby shayaanTether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to …
-
Markets
Tether's $770M XAUT Backed by 7.7 Tons of Gold in Swiss Vault, Says Company
by shayaanby shayaanTether’s gold-backed stablecoin, Tether Gold (XAUT), reached a $770 million market capitalization as of April 28, according to the company’s first attestation …
-
Markets
Tether Reveals $770,000,000 Physical Gold Bullion Reserves Backing XAUT Stablecoin
by shayaanby shayaanTether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds $770 million in physical gold bullion reserves …