gold | ForkLog

ForkLog 15 12.06.2025

Tether Acquires $89 Million Stake in Canadian Gold Mining Firm

Tether Investments, affiliated with the largest stablecoin issuer, has acquired a 31.9% stake in the gold mining company Elemental Altus Royalties.

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ForkLog 56 05.06.2025

An awkward golden cushion

As bitcoin storms a new ATH, Americans are asking how to amass even more digital gold. In pursuit, many are willing to part with a portion of their precious-metal reserves. In this ForkLog piece, we examine how the wealthiest holders of gold and bitcoin are preparing for change—and where in the world it is easiest […]

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ForkLog 10 03.06.2025

Ethereum’s ‘Golden Fractal’ Could Propel It to $6000, Analysts Suggest

A comparison of charts for Ethereum, the second-largest cryptocurrency by market capitalization, and gold has revealed that Ethereum is mirroring the precious metal’s accumulation pattern from 2019 to 2024. This conclusion was drawn by a user known as crypto_goos. $ETH is looking like Gold… Send it higher! pic.twitter.com/ucLj8HGH0i — CryptoGoos (@crypto_goos) June 2, 2025 The […]

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ForkLog 92 03.06.2025

Tether Launches TON Version of Gold-Backed Stablecoin XAUT

Tether announced the launch of XAUt0, an omnichain version of its gold-backed stablecoin XAUT. The initial deployment of the asset will occur on The Open Network in collaboration with the TON Foundation. XAUt0 enhances Tether Gold’s capabilities by enabling the token to move across different blockchains. The technology is based on LayerZero’s OFT standard, ensuring […]

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ForkLog 47 16.05.2025

Analyst sees bitcoin at $220,000 in 2025

Bitcoin to rise to $220,000 based on a power-law model and a comparison with gold. For the advance to continue, the liquidity cluster in the $105,000–$110,000 band must be cleared; support sits around $98,000–$100,000. By year-end, bitcoin could reach $220,000 or higher if its correlation with gold persists, according to a user going by Apsk32. […]

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ForkLog 15 16.05.2025

JPMorgan Predicts Bitcoin to Surpass Gold by Year-End

In the latter half of the year, the leading cryptocurrency is expected to continue its price ascent, outpacing gold, driven by corporate acquisitions and growing support from American states. These conclusions were drawn by JPMorgan, as reported by The Block. Experts referred to the implementation of the debasement trade strategy, which became relevant for both […]

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ForkLog 18 14.05.2025

UBS Reports Rising Interest in Bitcoin and Gold Among Asia’s Wealthy Clients

Wealthy clients of UBS in Asia are shifting their focus from dollar-denominated assets to gold, cryptocurrencies, and Chinese markets. Representatives of Switzerland’s largest bank made this statement, according to Cointelegraph. Amy Lo, co-head of UBS’s asset management division in Asia, cited growing geopolitical uncertainty and persistent volatility as the main reasons for this shift. According […]

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ForkLog 37 29.04.2025

Bitcoin’s Correlation with Gold Surges After February’s Decoupling

The 30-day Pearson correlation coefficient between Bitcoin and gold has reached 0.54, nearing the annual high of 0.73. This may indicate a strengthening narrative of Bitcoin as a safe-haven asset among investors, researchers at The Block noted.

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ForkLog 21 29.04.2025

Tether Confirms 7.7 Tonnes of Gold Backing for XAUT

The issuer conducted the first official attestation of the “gold” stablecoin XAUT. USDT continues to lead the stablecoin market with a share exceeding 66%. Participation of institutional investors and political elites reflects a global trend towards legitimising digital assets. Tether reported that the gold backing for the stablecoin XAUT amounted to 7.7 tonnes at the […]

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ForkLog 14 22.04.2025

Peter Schiff Faces Backlash for Comparing Gold to Money

Following gold’s new ATH surpassing $3500, Euro Pacific Capital’s president, Peter Schiff, referred to the precious metal as money. Gold is not just any commodity, it’s money. Under normal circumstances gold does not move the way it is now. It’s already up another $58 tonight, trading above $3,483. This is the end of the U.S. […]

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ForkLog 12 16.04.2025

Bitcoin Fails to Prove Itself as a Safe Haven Asset, Experts Say

While gold continues to set records amid new volleys in the trade war, Bitcoin is not behaving as a “safe haven asset,” according to a report by QCP Capital. Asia Colour — 16 Apr 25 1/ The real negotiations begin now. After unleashing shock-and-awe tariffs, the U.S. is already shifting tone — offering exemptions and […]

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ForkLog 9 04.04.2025

JPMorgan: Bitcoin’s Status as ‘Digital Gold’ Diminishes

The outflow from ETFs and high volatility highlight the weakening narrative of bitcoin as ‘digital gold’. The fair value of the leading cryptocurrency is estimated at $71,000. An analyst predicted a rally for altcoins with high utility. High volatility and outflows from BTC-ETFs undermine the perception of the leading cryptocurrency as digital gold, while its […]

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