CME to launch 24/7 trading of crypto derivatives in early 2026

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/

OpenAI is moving quickly to turn Sora, its new AI video app, into a money-making machine after its debut this week on Apple’s App Store. The app lets users type prompts to generate short clips, and it has already filled timelines with animated characters, brand logos, and even political figures. Chief Executive Sam Altman said […]

The post Investors Are Rushing For Tether Gold After This Tokenization Move appeared on BitcoinEthereumNews.com. Tether Gold (XAUt), the gold-backed digital token issued by stablecoin giant Tether, is closing in on a $1.5 billion market capitalization. According to data released by the company, Tether Gold’s market capitalization currently stands at about $1.46 billion, supported by 966 gold bars weighing 11,693.4 kilograms. Sponsored Digital Gold Rush Pushes Tether’s XAUt Toward $1.5 Billion The firm said the token’s total minted supply amounts to 375,572.25 ounces, of which 261,961.71 ounces—worth roughly $1.01 billion—are in circulation, while 113,610.54 ounces remain available for sale. Tether XAUt Token Supply. Source: Tether The token’s market value rise mirrors gold’s record-breaking rally. Indeed, spot gold price recently climbed to an all-time high of $3,896.49, marking its seventh consecutive weekly gain. Market analysts attribute this climb to investors seeking safety amid fears of a prolonged US government shutdown and mounting expectations of the Federal Reserve cutting interest rates. As gold prices soar, digital representations like XAUt have benefited from parallel demand. Investors increasingly view tokenized gold as a more liquid, accessible alternative to traditional holdings. Sponsored Consequently, Tether Gold has appreciated by nearly 46% over the past year and 10% in the past month, earning it a place among the world’s 100 largest cryptocurrencies by market capitalization. Tether to Deepen Gold Strategy Tether’s ambitions in tokenized assets extend well beyond XAUt’s market performance. The USDT issuer is reportedly working to raise at least $200 million for a new Digital Asset Treasury Company (DATCO) focused on tokenized gold. On this venture, it is partnering with Antalpha, a firm linked to Bitcoin hardware maker Bitmain. Sponsored According to the report, the DATCO will hold Tether’s XAUt tokens and open the door for broader institutional participation in tokenized gold. Meanwhile, this venture builds on a series of earlier collaborations between Tether and Antalpha. In June, Tether acquired…