Markets

Markets

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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Bitcoin, Ethereum ETFs Add .4 Billion in Major Comeback Week

Bitcoin, Ethereum ETFs Add $3.4 Billion in Major Comeback Week

In brief Investors poured $3.4 billion into digital asset investment products last week, according to CoinShares research. A week before, year-to-date inflows stood at just $171 million after a sustained period of outflows. Bitcoin accounted for 93% of last week’s inflows. Investors poured $3.4 billion into digital asset investment products last week, snatching up shares

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Nexo (NEXO) price surges as crypto lender announces US return

Nexo (NEXO) price surges as crypto lender announces US return

NEXO token’s price jumped nearly 9% on Monday, April 28, 2025. Gains came amid news that Nexo is relaunching in the United States market. The crypto lender exited in 2022. Nexo’s native token, NEXO, has seen a notable price surge following the company’s announcement of its return to the United States market. According to CoinMarketCap,

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Looking beyond Pi Network? 5 underrated cryptos could 1000x in May’s bullish rebound

Looking beyond Pi Network? 5 underrated cryptos could 1000x in May’s bullish rebound

As the altcoin season is about to start, lower-cap meme coins are seeing increased investor interest. XYZVerse has entered the meme coin market at a time when community-driven tokens continue to dominate speculative trading. XYZVerse has the ingredients for a strong launch, but its long-term success depends on execution. As the

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Nike sued for  million over RTFKT NFTs: check key details

Nike sued for $5 million over RTFKT NFTs: check key details

Plaintiffs accuse Nike of promoting unregistered securities. NFTs linked to RTFKT fell from $8,000 to $16 after closure. Lawsuit highlights legal uncertainty around NFTs as securities. Nike is facing a $5 million class-action lawsuit that claims the company misled investors by promoting non-fungible tokens (NFTs) tied to its RTFKT platform before abruptly shutting it down.

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Monero price hits 5-year high with 3 ATH in sight

Monero price hits 5-year high with $543 ATH in sight

Monero (XMR) hits 5-year high at $347.72 with volume spike. XMR’s price rise is due to speculation and privacy demand, and it is supported by bullish patterns. Monero’s next targets are at $350 and $480, with the ATH at $543 in sight. The Monero (XMR) price soared to a 5-year high of $347.72 according to

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Peirce, Uyeda criticize crypto custody chaos at SEC roundtable

Peirce, Uyeda criticize crypto custody chaos at SEC roundtable

SEC’s Peirce likens navigating unclear US crypto rules to “floor is lava.” Peirce flags uncertainty over asset classification and staking compliance. Commissioner Uyeda calls for broader crypto custody options (e.g., state trusts). Navigating the regulatory landscape for cryptocurrency in the United States feels akin to playing a high-stakes game of “the floor is lava,” according

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Grayscale Still Tops All US Spot Bitcoin ETFs in Revenue

Grayscale Still Tops All US Spot Bitcoin ETFs in Revenue

In brief GBTC has maintained its revenue dominance, generating more revenue than BlackRock and other major issuers combined Grayscale’s first-mover advantage sustains its revenue lead, roughly 16 months after spot ETFs were approved. Tax implications prevent many investors from switching to lower-fee alternatives despite potential savings. Grayscale’s Bitcoin Trust ETF (GBTC) generates more revenue than

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Crypto news today: Bitcoin bulls eye 0K breakout; SUI, AVAX charts show potential

Crypto news today: Bitcoin bulls eye $100K breakout; SUI, AVAX charts show potential

Bitcoin gained over 10% this week, testing key resistance near $95,000 amid strong buying. US Spot Bitcoin ETFs saw massive $3.06 billion weekly inflows, signaling renewed institutional interest. Avalanche (AVAX) consolidates near $23.50 resistance; a breakout could target $31.73 (double-bottom). Bitcoin demonstrated renewed strength this week, posting gains of over 10% as determined buyers pushed

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