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Tether’s digital asset backed by physical gold reserves just surpassed $2 billion in market value, solidifying its position as the top tokenized gold asset. By the end of Q3, the company says Tether Gold’s (XAUT) market cap hit $1.44 billion, and then surged to nearly $2.1 billion in the following week. Managed by TG Commodities S.A. de C.V. in El Salvador, XAUT holds 375,572.297 fine troy ounces of physical gold reserves as of September 30th. This backs 375,572.247 tokens in circulation on a 1:1 basis with reserves of over 11.6 tons stored in Switzerland under London Good Delivery standards. Says Tether CEO Paolo Ardoino, “Tether Gold proves that real-world assets can thrive on-chain without compromise. With gold prices at all-time highs and institutional interest in tokenized assets growing, XAUT represents the future of asset ownership, where physical security meets digital freedom.” Gold’s 2025 rally, driven by persistent infla...

In what is a rather surprising development for the digital asset industry, Bitcoin has returned to the $88k level, with many traders wondering why BTC is up today. Indeed, the asset has jumped as both the US stock market and dollar continue to tumble toward the end of April. The asset looked to operate against the ongoing decline of the finance sector. Wall Street experienced a worsening of its ongoing sell-off, starting Monday, dropping 900 points. Moreover, the greenback has fallen to a three-year low amid increased geopolitical uncertainty. However, Bitcoin appears to be exempt from that decline. JUST IN: $88,000 Bitcoin — Watcher.Guru (@WatcherGuru) April 21, 2025 Also Read: Author Robert Kiyosaki Sets Bitcoin Price at $200K by the End of 2025 Bitcoin Jumps as US Dollar and Stock Market Continue Slide: Why Is BTC Up Today? It has been a rather interesting few weeks for Bitcoin, and that continued Monday. The asset has struggled mightily in its price movement this year, not reaching...

Gold prices steadily climbed up in the indices in April and breached the $3,000 an ounce mark on Wednesday. The precious metal is glittering all the way up in the charts delivering stellar returns to investors. The XAU/USD chart hit a new all-time high of $2,304 in the day’s trade and dipped slightly on Thursday. Also Read: The Rush To Buy Gold Assets Begins Source: Investing Now that Gold Prices are near the $3,000 mark as accurately predicted previously, how high can it go from here? In this article, we will provide a new price prediction on when Gold Prices might hit the $7,000 mark in the charts next. Also Read: A Multibagger US Stock in NYSE Delivered 360% Profits in a Year Gold Prices Will Reach $7,000: Here’s The Timeline Source: Unsplash Bloomberg’s Senior Commodity Strategist Mike McGlone accurately predicted that gold prices will hit $3,000 in 2024. You can read the prediction here. He predicted that the precious metal would reach the m...