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Tag: Ounce of Gold

Mike McGlone Forecasts Bitcoin Downturn, Gold to Shine in 2024 Market Dynamics”

Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, recently shared his insights on the potential performance of gold relative to Bitcoin in 2024....

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Tether Unveils XAUT: Tokenized Gold Standard for the Digital Era – Investor Bites

SNEAK PEEK XAUT represents one ounce of physical gold stored in Switzerland and has gained a market cap of around $500 million. Global exchanges...

Texas House Advances Gold-Backed Digital Currency Bill

Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as...

Cryptocurrency Regulatory and Legislative Analysis #9

Cryptocurrency Regulatory and Legislative Analysis #9May 4, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALThe IMF publishes a report on CBDC capacity development On April 11,...

Ripple Lawsuit: Has The SEC Failed to Legally Prove That XRP Is A Security? — This Web3 Lawyer Thinks So

Advertisement &nbsp &nbsp Jeremy Hogan feels the SEC has been riding the wrong horse since it filed its case against Ripple in December 2020. ...

Robert Kiyosaki Discusses Why Gold, Silver, Bitcoin Are Rising Higher

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has shared his view on why the prices of gold,...

Bitcoin (BTC) Investors Likely at Start of Historic Accumulation Phase, According to Messari CEO Ryan Selkis

Crypto intelligence firm Messari founder and CEO Ryan Selkis says that on-chain signals are flashing a buy signal for Bitcoin (BTC). In an interview with...

Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold

While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric...

Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums

tokenized-gold-market-caps-grew-significantly-last-month-as-fresh-demand-drives-premiums

While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in 31 days from $424 million to today’s $611 million. PAXG…

The post Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums appeared first on Bitcoin News Miner.

Bitcoin HODLers, This is When BTC Price Will Hit 7-Digit Target! Buy The Dip Now !

Bitcoin realities

The post Bitcoin HODLers, This is When BTC Price Will Hit 7-Digit Target! Buy The Dip Now ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin is still consolidating around the $38K-$42K zone, with bulls attempting to push the price higher following the FED’s announcement of a 0.5 percent interest rate hike. Bitcoin’s price began to rise again above the $40,000 resistance level, testing $41,450. It is currently reversing gains near $41,000, but it might possibly continue to increase towards …

Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate

Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to CapitulateOn Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand. Gold’s Value Surges Higher Amid Commodities […]

US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’

US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be '10x Worse Than the Great Depression'Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for an expected period of high inflation and weaker growth.” While Wall Street Fears […]

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