Gold
Jefferies says Tether has emerged as a major buyer of physical gold, tightening supply and supporting market sentiment. The accumulation by USDT raises questions about reserve strategies and the role of private issuers in real-world markets.
Heracles-backed MiloGold launched the Milo Gold Ownership Certificate (MGOC), a wallet-native NFT that mirrors spot exposure to vaulted, insured gold and gold-backed stablecoins alongside the $MLGD utility token. Presale opens with discount, bonus and pre-staking APY, and the platform highlights always-on proof-of-reserve via the OzGold marketplace.
Investor sentiment in crypto has plunged to its weakest level since March while precious metals climb and Washington sidesteps a budget standoff. The divergence is creating a risk-off backdrop that’s weighing on BTC confidence.
MicroStrategy executive chairman Michael Saylor told Yahoo Finance he expects Bitcoin to overtake gold’s market capitalization by 2035, citing growing adoption and Bitcoin’s scarcity. He called the cryptocurrency the centerpiece of a new digital gold rush.
Michael Saylor says Bitcoin will surpass gold's market cap by 2035, citing continued adoption and Bitcoin's capped supply. He reiterated his confidence on Nov. 13, 2025 that the next decade will see Bitcoin become a larger asset than gold.
The Kobeissi Letter says Tether's gold reserves hit a record $12.9 billion (about 104 tons) in September, calling the stablecoin issuer 'one of the biggest buyers' of physical gold and signaling a crypto-driven 'global gold rush.'
Versan of BlackSwan Capitalist says XRP is beginning to behave like gold, responding to the same macro forces tied to interest rates. If the trend continues, XRP could gain appeal as a rate-sensitive store-of-value for institutional allocators.
PAXG (PAX Gold) recorded its fourth straight day of all-time highs on October 16, marking one of the strongest crypto performances of the month. Traders point to increased demand for tokenized gold as investors seek a safe haven amid the U.S. government shutdown.
Tether has recruited senior executives tied to one of the world’s largest gold vault operations as it accelerates a planned $12 billion gold-backed stablecoin initiative. The move signals deeper institutionalization of stablecoins and new pressure on the crypto market's reserve transparency standards.
Tether is beefing up its physical gold exposure and has hired two veteran HSBC traders to run its gold operations, signaling a strategic shift in how the issuer backs USDT. The move reflects broader market concerns about liquidity, reserve diversification, and monetary policy uncertainty.