As the market tanks, crypto’s new gold rush is…gold
The huge spike in onchain gold signals is that DeFi investors are planning to stay in DeFi, even when the tide turns, argues RAAC founder Kevin Rusher. Source link
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BTC vs. gold tilts in the metal’s favor
Gold is making fresh highs while bitcoin is struggling to hold key levels, reopening a debate crypto investors never fully settled. If bitcoin is supposed to be digital gold, this is the kind of tape it is meant to win. Right now, it is not. The question is getting louder because gold is rallying on…
Tether’s 116-Ton Gold Hoard May Be Moving the Market: Jefferies
Stablecoin issuer Tether holds 116 tons of physical gold, placing it on par with central banks such as those in South Korea, Hungary and Greece. Tether is “the largest holder of gold outside central banks,” Jefferies wrote in a recent analysis, per a report by the Financial Times. The investment bank added that Tether’s growing…