Tag: bullion
Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
US Close: Stocks fluctuate, Fed stays hawkish, Dollar posts weekly gain, Oil’s bad week, Gold declines, Cryptos surprisingly find support
VNX Gold token now available on LBank, expanding global interest in gold-backed digital assets
MRHB and Gold & Silver Standard (GSS) Partner to Expand Halal DeFi Offerings with Tokenized Precious Metals
US Close – Stock rebound in volatile trade, Crude prices crumble, Gold falls, Bitcoin follows Nasdaq rally
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in 31 days from $424 million to today’s $611 million. PAXG…
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US Close: Powell ready for super sized hikes, Inversion focus as bonds selloff, Boeing 737 plane crashed in Southern China, Oil rises as calls...
Commodities and Cryptos: Oil choppy, Gold lower, Bitcoin steady
Oil declines, gold rebounds
Bitcoin (BTC) Will Benefit From War and Emerging Monetary Order, According to Credit Suisse Analyst
A Credit Suisse investment strategist says Bitcoin (BTC) will likely benefit from the current geopolitical turmoil. In a new analysis, Zoltan Pozsar says the world is witnessing a shift to a new monetary order centered around commodity-based currencies in the East. The strategist thinks the new monetary order will weaken the Euro/USD system and cause […]
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Report: LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities
The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request comes a few days after it revoked the membership of three sanctioned Russian banks. LBMA Accreditation The London Bullion Market Association (LBMA) has requested six Russian gold…
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