7 stories mentioning it. Newest first.
The metals that traded like AI-infrastructure proxies for the first half of the year have now given back every basis point of YTD gains, with gold off 25% from its $5,600 peak and silver cut nearly…
Gold perps alone peaked at $7.77B in daily volume on Binance; the new European-style options, settled in USDT through ADGM-regulated Nest Exchange, layer on top of that demand with retail capped at…
Commodity perps are a strategic beachhead for Coinbase Derivatives, signalling intent to apply the perp engine beyond crypto while the US books quietly work toward 24/7 trading.
The ratio has topped its 200-day moving average for the first meaningful time since September 2020 — the same setup that historically preceded bitcoin's 2021 vertical phase by weeks to months.
Roughly 154 metric tons of bullion backing USDT and XAUT moves from passive reserve to active credit, with Ledn's gold-backed loans settling in USDT and exposing holders to one issuer across both…
Gold tokens like PAXG and XAUT track metal prices with no yield. T-bill tokens like BUIDL and OUSG pass through ~4-5% yield but add custodial and KYC layers. They're different tools, not rivals.
Backed 1:1 sounds reassuring. But tokenized gold is a chain of claims, not a bar in your hand, and the failure modes live in the seams.
WuBlockchain
CoinDesk
CryptoSlate