Tether, the company behind the popular USDT stablecoin, has unveiled Alloy, a pioneering platform on Ethereum designed to mint a gold-backed stablecoin pegged to the U.S. dollar. aUSDT, the first Tethered asset, just launched!aUSDT is a synthetic dollar over-collateralised by XAUt (Tether Gold). Alloy by Tether is an open platform
Gold has always been the traditional safe-haven asset. For generations, investors have resorted to it in times of economic instability. Bitcoin (BTC), however, a digital currency based on advanced mathematics and blockchain technology, is quickly establishing itself as an established rival. Currently, the spot price of #Bitcoin is equivalent to
Steve Wozniak speculates about the entire crypto industry. Points out how altcoins are volatile and useless. States BTC as a ‘Mathematical Gold’. The entire crypto industry however drives through the words of CEOs, Founders and co-founders of giant tech firms, and other celebrities. In such cases, the words, comments and
Lloyd Blankfein questioned why crypto was not experiencing higher inflows. The price of international oil benchmark Brent crude rose 18 percent. On March 7, the price of Bitcoin (BTC) remained close to its one-week lows as investors sought to protect their assets. BTC is now trading at roughly $38,700 after
Goldman Sachs determines that BTC will hit $100K. Major shares of gold are shifting towards the BTC market. BTC market shares alone account for the highest of 60% in yearly returns. The final quarter of the year 2021has been quite contradictory. Owing to the fact that the expectations for the
Upon the vast market, two crypots possess true value for investing and holding on the long run. Bitcoin (BTC) aka the ‘Digital Gold’ stands for the name itself. The next is altcoin, Litecoin (LTC) also now adored as the ‘Digital Silver’. This opinion may possibly vary from one individual to
The FED, established 108 years ago, stated the analyst. Gold presently has a Market Capitalization of roughly $11.215 trillion. Gareth Soloway believes the Dollar and all other global currencies will soon collapse due to widespread public support for Bitcoin. The technical expert said that the continuing expansion of the Federal
Once again this is going to be another article of the same Bitcoin (BTC) Vs. Gold. But this time, we would be looking further upon the comments of a prolific billionaire, hedge fund manager, and investor from America. Yes, true to the fact this person has seen both the ‘Gold
Again yet it’s the same wine in a new bottle though! Ever since the surge of the Bitcoin (BTC) and becoming the most influenced cryptocurrency in the world, debates on ‘BTC Vs. Gold’ have been common. Moreover, the irony is that even till date a consolidated statement on this regard
Numerous industry players and examiners have alluded to Bitcoin as the digital gold, as both gold and Bitcoin have a restricted inventory, along these lines are retaining value available. While gold is restricted by actual stockpiles and the trouble of extraction, Bitcoin mining is covered at 21 million coins by
