Thai traders got their first taste of tokenized bullion on May 13 when Tether, the issuer of the largest stablecoin, USDT, unveiled its gold-backed token, Tether Gold (XAU₮), on Maxbit. The listing marks a step forward for the Thai market, making Maxbit the first exchange in the country to offer direct access to tokenized physical […]
Tether’s $770M Gold-Backed Token XAU₮ Debuts On Thai Exchange Maxbit Read More »
On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000. Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin reacted positively to reports that the U.S.
Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady Read More »
The Euro Pacific Capital founder and chief strategist pointed out that gold rose 3% over the previous weekend from Friday until Monday. Meanwhile, the average BTC price fell by 3%. The investment wizard left it to the reader to conclude that Bitcoin cannot be a digital version of gold. Gold rose over $90 today. That’s
Peter Schiff Says Bitcoin Is Nothing Like Gold: Is That True? (Opinion) Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Market prices of Bitcoin (BTC) surged by 7.20% in the past week to trade above the $104,000 price level. The leading cryptocurrency has experienced a notable price rebound since dipping below $75,000 in April. Interestingly, prominent X analyst Mr. Wall Street has
Crypto Analyst Predicts Bitcoin To Hit $200,000 At Cycle Top Read More »
Last week bitcoin’s rally past $94,000 reignited a long-running debate: is one of the world’s most volatile assets finally behaving like a safe haven? This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. As Correlation Crumbles, Bitcoin Charts
Bitcoin: Not Uncoupled, But Unbothered Read More »
Bitcoin is gearing up to outshine gold as Fidelity’s latest analysis highlights a pivotal shift in performance momentum, signaling a new era for digital store-of-value dominance. Fidelity Signals Bitcoin May Soon Take the Baton From Gold Fidelity Investments’ director of global macro, Jurrien Timmer, offered a comprehensive take on the dynamic between bitcoin and gold
Fidelity Calls It: Bitcoin Could Flip Gold’s Dominance Any Day Now Read More »
A new study finds that 68% of Americans have purchased bitcoin since President Trump announced reciprocal tariffs, surpassing gold buyers by nearly 24%. Americans Allocate More Funds to Bitcoin According to a new NFT Evening study, 68% of Americans have bought bitcoin ( BTC) since the U.S. President Donald Trump announced reciprocal tariffs. This figure
Bitcoin Surpasses Gold: 68% of Americans Turn to BTC Amid US Tariffs Read More »
Bybit and FXStreet have released a joint report forecasting that gold could rise to $4,000 per ounce by the end of 2025. The report comes on the heels of gold reaching an all-time high of around $3,500 per ounce. The report also points to silver as a compelling diversification opportunity. Bybit and FXStreet have released
Bybit-FXStreet report sees gold hitting $4,000 by end-2025 Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether’s gold-backed token XAUT has increased significantly during the first quarter of 2025, the company’s official attestation published on April 28 stated. Every token is equivalent to one troy ounce of physical gold, and the current supply is backed by nearly eight
Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT Read More »
Tether’s XAUT token has appreciated alongside the rising price of gold amid increasing global economic uncertainty. Tether noted that XAUT hit a record high price of $3,423 last week, driven by the rally in gold prices. Gold prices have surged to historic highs in 2025, fueled by a combination of factors. Tether, issuer of the
Tether says XAUT stablecoin holds 7.7 tons of gold stored in Switzerland Read More »
