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Gold

Robinhood (HOOD) sees surge in Bitcoin (BTC), Gold prediction markets as traders move beyond sports

Robinhood (HOOD) sees surge in Bitcoin (BTC), Gold prediction markets as traders move beyond sports

3 weeks ago by Crypto InsightsCrypto

The market has grown from its roots in elections into sports, economic data and short-term price bets. Robinhood entered the business through a partnership with Kalshi, a federally regulated prediction market exchange, and has since made event contracts a growing part of its trading platform.… Read More

Tokenized commodities eye next phase of growth as gold, silver and oil move onchain

Tokenized commodities eye next phase of growth as gold, silver and oil move onchain

1 month ago by Crypto InsightsCrypto

“The big proposition is access,” co-founder Bhau Kotecha told CoinDesk in an interview. Gold lending has historically required scale and relationships unavailable to many investors, he said. Kotecha sees demand from individuals, family offices and institutions, with borrowing against PAXGy a possible next step. Lending… Read More

The restaking gold rush is over, and top protocols are barely making a profit

The restaking gold rush is over, and top protocols are barely making a profit

2 months ago by Crypto InsightsCrypto

EigenLayer held $19.7 billion at its peak and liquid restaking tokens grew more than 1,000% in the first six weeks of 2024. But the services buying security never paid enough to cover both the base staking yield and a premium on top, so the second… Read More

Record U.S. diesel prices complicate bitcoin and gold outlook

Record U.S. diesel prices complicate bitcoin and gold outlook

2 months ago by Crypto InsightsCrypto

U.S. diesel prices have surged to an all‑time high, marking the latest flare‑up in a broader energy shock that is reigniting inflation fears across global markets. The national average price for a gallon of diesel hit a record $6.29 this week, up nearly 80% year… Read More

Tether (USDT) says it completed long-promised audit from KPMG, down to counting its gold bars

Tether (USDT) says it completed long-promised audit from KPMG, down to counting its gold bars

3 months ago by Crypto InsightsCrypto

Tether said in March that it had hired a “Big Four” accounting firm to conduct its first full audit. KPMG is one of the Big Four, the group of accounting giants that also includes Deloitte, EY and PwC and audits many of the world’s largest… Read More

Why a selloff in gold and silver is dragging bitcoin down

Why a selloff in gold and silver is dragging bitcoin down

5 months ago by Crypto InsightsCrypto

The ongoing artificial intelligence stock frenzy has pulled in capital from across the market, from traditional metals, considered the safest assets, to crypto, considered the riskiest. Gold dropped below $4,000 for the first time since November earlier this week, silver has lost more than half… Read More

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