Explore the recent surge in gold-backed cryptocurrencies like Tether Gold (XAUT) and Paxos Gold (PAXG) amid global economic uncertainty and the growing trend of real-world asset tokenization. Understand the factors driving their popularity and the advantages they offer over traditional gold investments.
Author: Bruno
Beyond the Dollar: Tokenized Assets Challenge US Dollar Stablecoin Dominance
Tether co-founder Reeve Collins predicts tokenized assets like gold and money market funds will compete with the US dollar in backing stablecoins, offering users higher yields and reshaping the future of the stablecoin market.
Abu Dhabi Pioneers Dirham-Pegged Stablecoin: A Deep Dive
Abu Dhabi’s leading institutions are collaborating to launch a dirham-backed stablecoin, aiming to revolutionize the UAE’s digital economy and position the nation as a blockchain innovation hub.
Bitcoin Price Analysis: Macroeconomic Concerns and the Path to $100K
Bitcoin’s price struggles amid macroeconomic uncertainty, Treasury yield declines, and concerns over sustainable buying momentum. Will BTC decouple from equities to reach $100K?
Loopscale Hacker Negotiating Return of $5.8M Stolen Crypto: A Bounty Deal?
Following a $5.8 million hack on April 26, Loopscale is in discussions with the exploiter for the return of stolen USDC and SOL tokens, potentially in exchange for a bounty. Here’s a breakdown of the situation.