By Marco Piccolo Key highlights: Tether is reportedly seeking at least $200 million to launch a digital asset treasury focused on its gold-backed token XAUT. The effort is being led in partnership with Antalpha, a financial services firm linked to Bitmain. The new vehicle would hold Tether Gold (XAUT), which is backed by physical gold […]
Tag: XAUT
By Marco Piccolo Bitcoin is poised to outshine gold for the remainder of 2025, according to a new forecast by analysts at JP Morgan. Led by managing director Nikolaos Panigirtzoglou, the analysts highlight a shift in investor sentiment where the traditional “debasement trade” involving gold is increasingly being supplanted by Bitcoin. Trade Crypto on Kraken […]