As traditional gold markets heat up, crypto investors are following suit—flocking to tokenized versions of the precious metal that offer both price exposure and digital flexibility. Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have risen 24.15% and 23.7% respectively year-to-date to new all-time highs above $3,300, roughly matching the performance of spot […]
As of Wednesday morning, the yield on the UK’s 30-year government bond soared to 5.6%—its highest level since 1998—mirroring a broader climb in U.S. sovereign yields and sparking fresh concerns about financial market stability. Surging global bond yields are exerting significant downward pressure on risk assets. Since the U.S. equity sell-off began last Thursday, the […]
Gold exchange-traded funds (ETFs) have overtaken bitcoin ETFs in assets under management as investors shift toward the traditional safe-haven asset as BTC price tumbled more than 19% over the past three months, while the precious metal climbed 12.5%. Bitcoin ETFs, which saw significant inflows following their U.S. launch in January last year, have experienced major […]
ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB), said on Tuesday it has completed its first tokenized real-world asset (RWA) issuance starting with gold-backed tokens. The tokens, available to accredited investors, each represent one kilogram of gold stored in custody, according to the press release. Investors can trade these digital […]