Auto Added by WPeMatico

Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate

According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that…

Continue ReadingTurkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate

Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol

The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are…

Continue ReadingDubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol

These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022

On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens…

Continue ReadingThese Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022

2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months

15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange…

Continue Reading2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months

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…

Continue ReadingTokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums

Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher

While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An…

Continue ReadingDemand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher

2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months

While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold…

Continue Reading2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months

Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’

On December 15, FINMA-licensed Swiss bank, Seba, announced the launch of a gold token that can be delivered in physical form, on-demand, at any time from the firm’s partner refineries.…

Continue ReadingSwiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’