Tag: GoldBacked
As crypto takes a nosedive, gold-backed tokens ensure investors won’t crash too
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (De [...]
Bitcoin’s Correlation With Gold-Backed PAXG Token Weakens to Record Low
"This reflects BTC's increasing correlation with macro stock indices as well as its recent behavior as a risk asset rather than a store-of-value, and [...]
Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time
The market capitalization of gold-backed crypto tokens increased by 60% in 2022 to surpass $1 billion for the first time in history, according to Arca [...]
Market Cap of Gold-Backed Cryptos Surpass $1B as Yellow Metal Nears Record High
"Stagflation and gold are better bedfellows than anything you will read in 50 Shades of Grey, and once gold comprehensively broke $2000.00 overnight, [...]
Gold-Backed Tokens Grow Despite Mixed Reviews From Analysts
With gold and gold tokens, when the price goes up, gold miners can try to dig up more and increase supply. Bitcoin's supply, by contrast, is controlle [...]
Gold-backed digital tokens to hit Turkish market following new partnership
Gold wholesalers are beginning to discover new methods to increase their companies to retail, because of blockchain-based tokenization. Worldwide b [...]
Now you can purchase gold-backed NFTs with the mining carbon footprint offset
Digital asset pockets supplier Lohko and London-based tech agency Mattereum have teamed as much as launch nonfungible tokens, or NFTs, which might [...]
Binance Alternate to Listing Paxos’ Gold-Backed Cryptocurrency
PAX Gold, a gold-backed digital asset created by Paxos Customary, will quickly launch for buying and selling on Binance.
www.coindesk.com [...]
Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
The Tether Gold stablecoin was valued at $1,902 on July 24, placing the worth of gold inside attain of the commodity’s all-time excessive set in Se [...]
COVID-19, Gold Demand and the Gold-Backed Stablecoin Alternative
When markets are bleeding, buyers flip to gold. The celebrated valuable steel and former reserve commonplace of the world’s financial system is eff [...]
Curiosity in Gold-Backed Token Buying and selling Grows Amid Provide Disruptions
As gold refiners work to ease acute provide shortages created by market shocks from the coronavirus disaster, buying and selling curiosity in gold- [...]
Gold-Backed Stablecoins Race to Preserve Up With Disaster-Pushed Demand
Gold-backed crypto tokens proceed to rise in value as sourcing gold itself throughout the coronavirus-induced downturn is reportedly getting toughe [...]
Tether Launches Gold-Backed Stablecoin and Begins Buying and selling on Bitfinex
Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), in line with a Jan. 23 press release. One token represents possession of 1 [...]