gold crypto – DIGIT INFO

DeFi platform sees strong interest in halal-approved crypto products

DIGIT — Tue, 20 Sep 2022 06:22:28 +0000

Navigating crypto is made more difficult for those with religious considerations and the founder of an Islamic law compliant DeFi platform has thousands of users seeking approved cryptocurrencies.

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

DIGIT — Mon, 06 Jun 2022 18:00:51 +0000

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 rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen […]

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

DIGIT — Wed, 23 Mar 2022 15:30:11 +0000

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 capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in 31 days from $424 million to today’s $611 million. PAXG […]

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

DIGIT — Sat, 19 Feb 2022 16:30:14 +0000

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 […]

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