Tether Gold Stash Surges Over $23 Billion
@Tether’s gold reserves reached 148 tonnes valued at $23 billion, surpassing several countries. The firm plans to allocate 10%-15% of its portfolio to gold, amid rising demand. #Update #Crypto $USDT
@Tether’s gold reserves reached 148 tonnes valued at $23 billion, surpassing several countries. The firm plans to allocate 10%-15% of its portfolio to gold, amid rising demand. #Update #Crypto $USDT
@Jefferies reports Tether has amassed 116 tons of gold, making it a leading non-sovereign holder, impacting supply and prices as gold rises over 50% this year. #Update #Crypto $USDT
@Chainlink could become a key player in traditional finance, with $LINK benefiting from rising tokenization demand; assets secured through its oracles reached $103B, up from $23B earlier this year. #Update #Crypto $LINK
Jefferies analysts compare the crypto market to the internet in 1996, suggesting significant growth ahead as institutional interest rises. Focus on utility and long-term strategies is advised. #Update #Crypto $BTC