As gold prices surged to $5,300 this week, Tether and Coinbase — the two companies behind the world’s largest US dollar stablecoins — are taking different approaches to gaining exposure to the precious metal. Spot gold climbed above $5,300 per ounce on Wednesday, posting a record high of $5,311 at 3:30 am UTC, according to TradingView data. Amid the rally, Tether, issuer of USDt (USDT), the world’s largest stablecoin, doubled down on its gold accumulation, while Coinbase, a key partner in the USDC (USDC) stablecoin consortium, promoted access to gold…
Tag: Gold
Crypto Rally Awaits Gold And Silver Cooldown
Fundstrat managing partner Tom Lee predicts that crypto markets will likely catch up once gold and silver begin to take a break from their recent rallies. Tom Lee said on CNBC’s Power Lunch on Monday that crypto should be going up on a weaker dollar and an easing Federal Reserve. However, it doesn’t have the leverage tailwind because the industry delevered, “and as long as gold and silver are rising, then there’s a FOMO into buying that instead of crypto,” he said. “Because when gold and silver take a break,…
Stablecoin Fall Shows BTC, Crypto is Losing Capital to Gold
A $2.24 billion drop in total stablecoin market capitalization over the last 10 days could signal capital is leaving the crypto ecosystem and may delay market recovery, according to a crypto analytics platform. In a post to X on Monday, Santiment said much of that capital has rotated into traditional safe havens like gold and silver, pushing them to new highs, while Bitcoin (BTC), the broader crypto market and stablecoins have retraced. Top 12 stablecoins by market cap collectively fell by $2.24 billion over the past 10 days. Source: Santiment…
Gold’s Digital Rally Signals Dollar Stress as Tokenized Gold Surges
The market for tokenized gold is expanding in step with rising demand for physical bullion, highlighting a broader shift toward traditional safe-haven assets as geopolitical tensions and trade uncertainty push investors away from the US dollar. On Monday, Tether said its Tether Gold (XAUt) now represents more than half of the entire gold-backed stablecoin market, with a total value exceeding $2.2 billion. Tether disclosed that 520,089 XAUt tokens were in circulation at the end of the fourth quarter, with each token backed one-for-one by physical gold held in reserve. Tether…
Tether dominates $4B gold-backed stablecoin market as gold tops $5100
Tether said today that it is at the forefront of tokenized gold products as demand for onchain exposure to physical bullion continues to grow. Its gold-backed stablecoin XAU₮ has surpassed $2.2 billion in market capitalization, representing more than half of the total tokenized gold market, which now stands slightly above $4 billion. The growth reflects rising interest from both institutional and retail investors seeking safe-haven assets that remain fully onchain. Gold prices have surged rapidly since late September 2025, with bullion recently trading near the $5,100 per ounce level. Geopolitical…
Silver surges past $115/oz as gold extends rally toward $5100
Silver posts double digit gains as momentum buying and tight supply drive precious metals higher. Silver surged to a fresh record above $115/oz today, rising nearly 12% and sharply outperforming gold and most risk assets. The precious and industrial metal has been lifted by tight physical supply, strong retail participation, and momentum-driven buying. Analysts noted that Chinese silver prices are trading at a premium to London benchmarks, signaling further near-term upside, though elevated prices could eventually weigh on industrial demand. Gold followed with continued strength, reinforcing its role as a…
Gold Hits Record High Over $5K As Bitcoin Falls Below $86K
Gold prices have topped $5,000 amid rising geopolitical and global trade tensions, while Bitcoin has fallen toward $86,000 as the divergence between the two assets widened. Gold surged to a record high of $5,080 on Monday following a 17% gain so far this year, according to Gold Price, with traders flocking to the precious metal amid fears of a potential US government shutdown and uncertainty over the Trump administration’s escalated tariff threats. “A likely government shutdown just added fuel to the fire for precious metals,” the Kobeissi Letter said on…
Gold surges past $5,000 for first time as silver tops $107 on safe-haven buying
Gold broke above $5,000 per ounce for the first time in history today, pushing the precious metal’s market capitalization past $35 trillion. The rally continued during early Asian trading on Monday as heightened risk-off sentiment gripped global asset markets amid ongoing economic and geopolitical tensions. In recent weeks, escalating frictions, including strained relations between the US and NATO, debate around the Greenland situation, and fears of potential US military action against Iran, have dominated headlines and reinforced gold’s appeal. Markets have also been unsettled by worries over the Fed’s independence…
Silver tops $100 as gold nears $5,000 on extraordinary metals rally
Precious metals extend a historic rally as silver hits triple digits and gold nears $5,000. Silver surged past $100 per ounce for the first time on Friday, extending a rally that has seen precious metals sharply outperform risk assets. The metal climbed more than 4% on the day, bringing its gains to roughly 40% in 2026 and more than 230% over the past year, pushing silver’s market capitalization to about $5.6 trillion. Gold continued to advance alongside silver, trading near $5,000 after reaching about $4,970 on Thursday, with prices up…
Gold Can Hit Up to $23,000 in Eight Years as Bitcoin Stalls
Bitcoin (BTC) stayed trapped below $90,000 at Friday’s Wall Street open as gold and silver approached historic milestones. Key points: Bitcoin fails to shift its sideways trading behavior while gold comes within 2% of $5,000 per ounce. Bullish BTC price outlooks become increasingly rare as safe havens outperform. Gold snags an unprecedented $23,000 target for the next eight years. Bitcoin price shies away from breakout moves Data from TradingView showed stationary BTC price action contrasting more and more with record highs for precious metals. BTC/USD one-hour chart. Source: Cointelegraph/TradingView As…