gold

Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT

Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT

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 […]

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Tether says XAUT stablecoin holds 7.7 tons of gold stored in Switzerland

Tether says XAUT stablecoin holds 7.7 tons of gold stored in Switzerland

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

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Veteran Fund Manager Predicts K Gold and Bitcoin Rallying to 0K–0K

Veteran Fund Manager Predicts $6K Gold and Bitcoin Rallying to $120K–$150K

Gold could climb to $6,000 an ounce during Donald Trump’s second term because a sharper tariff regime would weaken the dollar, investment manager Frank Holmes told Kitco News this week in a wide-ranging interview. Frank Holmes Outlines Bold $6,000 Gold and Bitcoin Growth Outlook Holmes, chief executive and chief investment officer of U.S. Global Investors

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Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

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 more than 7.7 tons of gold. According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time

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Coinshares: Bitcoin Hashpower Set to Hit One Zettahash by July

Coinshares: Bitcoin Hashpower Set to Hit One Zettahash by July

A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1 ZH/s signifies enhanced network security and strong miner confidence. Bitcoin Hashrate at End of Q4 Ahead of Projection Bitcoin’s network hashpower is on track to reach the unprecedented milestone of 1 Zettahash per second (ZH/s)

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