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3232Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
https://www.digit.info/demand-for-gold-backed-tokens-brings-premiums-as-precious-metals-value-jumps-higher/
Sat, 19 Feb 2022 16:30:14 +0000https://www.digit.info/2022/02/19/demand-for-gold-backed-tokens-brings-premiums-as-precious-metals-value-jumps-higher/Read more]]>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 ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the top gold-backed crypto coins today have […]
]]>2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
https://www.digit.info/2-gold-backed-crypto-asset-market-caps-near-1-billion-xaut-jumps-19000-in-23-months/
Tue, 25 Jan 2022 19:00:29 +0000https://www.digit.info/2022/01/25/2-gold-backed-crypto-asset-market-caps-near-1-billion-xaut-jumps-19000-in-23-months/Read more]]>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 and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market […]
]]>DigixDAO Surges Amid Sea of Red
https://www.digit.info/digixdao-surges-amid-sea-of-red/
Wed, 21 Feb 2018 20:39:51 +0000https://www.digit.info/2018/02/21/digixdao-surges-amid-sea-of-red/Read more]]>After a general upwards trend from Bitcoin following its February 6 low of US$6,000, today marks the first major downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is currently trading close to $10,700. As is usually the case, the significant drop has caused widespread losses among a majority of altcoins. Of the 1,516 cryptocurrencies listed on Coinmarketcap.com, only 28 have seen USD gains of 1% or more. While a majority of these coins consist of undocumented market caps, as well as coins with negligible volume and market cap, a top performing member of this group is
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 ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the top gold-backed crypto coins today have […]
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 and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market […]
After a general upwards trend from Bitcoin following its February 6 low of US$6,000, today marks the first major downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is currently trading close to $10,700. As is usually the case, the significant drop has caused widespread losses among a majority of altcoins. Of the 1,516 cryptocurrencies listed on Coinmarketcap.com, only 28 have seen USD gains of 1% or more. While a majority of these coins consist of undocumented market caps, as well as coins with negligible volume and market cap, a top performing member of this group is