Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to …
gold
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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 …
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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 …
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Analysis
Bitcoin Is About To Begin Outperforming Gold, Says InvestAnswers – Here’s His Timeline
by shayaanby shayaanA widely followed crypto analyst and trader is forecasting that Bitcoin (BTC) will start outperforming gold. In a new video update, the …
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Markets
With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level
by shayaanby shayaanThe crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington …
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Analysis
Analyst Unveils Massive Upside Price Target for Gold, Says Precious Metal Entering Parabolic Blow-Off Phase
by shayaanby shayaanA closely followed analyst believes that gold’s bull market has entered a stage where the precious metal could go higher for longer. …
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Smart Contracts
Gold Is Still the Safe-Haven King, While Bitcoin Loses Out: JP Morgan
by shayaanby shayaanBitcoinThe safe harbor story that does not make his mythical status, according to JP Morgan, where investors prefer to put their money …
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Finance
Gold Soars, Tech Futures Tumble as U.S. Hits China With Higher Tariffs
by shayaanby shayaanGlobal markets are again under pressure following an escalation in U.S.–China trade tensions, with investors fleeing to havens and tech stocks taking …
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Markets
Crypto Daybook Americas: Bitcoin Loses Allure to Gold as Economic Concerns Rise
by shayaanby shayaanBy Francisco Rodrigues (All times ET unless indicated otherwise) President Donald Trump’s “reciprocal tariffs” announcement earlier this month drove the economic trade …
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Mining
HPC Gold Rush Continues: Bitcoin Miner Bit Digital Secures Québec Site for Tier 3 Data Center
by shayaanby shayaanBit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center …