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Price of 1 PAX Gold today (22 December)
$ 4,363.87
0.299%

Latest news on PAX Gold (PAXG) now

Aevo Suffers $2.7M Loss from Ribbon Vault Hack, Faces User Backlash

Aevo confirmed a $2.7 million loss due to an oracle-related smart contract vulnerability affecting its legacy Ribbon DOV vaults. The exploit...

Crypto Whales Buy $30M of Tokenized Gold Amid New All-Time Highs

Gold has reached new all-time highs multiple times from October 13 to October 15, with CFDs on gold trading at $4,196 per ounce, peaking at $4,218....

Tokenized Gold Market Nears $3B as Bullion Hits Record High

Gold prices have reached a new all-time high, surpassing $3,800 per ounce, marking a 47% increase in 2023. This rally has impacted the crypto...

Tokenized Gold Market Reaches $2.57 Billion Amid Rising Prices

The market capitalization of crypto tokens backed by gold has reached an all-time high of $2.57 billion, as gold approaches its April peak. ...

Commodity-Backed Cryptocurrencies Reach Record Minting Volume Amid Gold Trade Concerns

Commodity-backed cryptocurrencies, particularly those linked to gold, have experienced a significant increase in issuance this week, with minting...

Gold Futures Reach All-Time High Following U.S. Tariffs on Imports

Gold futures reached a record high after U.S. President Donald Trump announced tariffs on imported gold bars, prompting safe-haven buying and...

XRP Could Facilitate Gold-Linked Transactions Without Physical Backing

Versan Aljarrah, a commentator in the XRP community, suggests that XRP could facilitate transactions involving gold-backed stablecoins on the XRP...

Bitcoin Achieves Record Monthly Close Above $107,000

Bitcoin (BTC) closed June above $107,000, marking a record monthly close with a 2.5% gain. This performance lagged behind the euro's nearly 4% rise...

Peter Schiff Advocates for Gold-Backed Stablecoins Over Fiat Ties

Economist Peter Schiff criticized stablecoins backed by US dollar reserves, arguing that reliance on a fiat currency is illogical when more stable...

Bitcoin Surges to $107,000 Before Dropping Back to $102,000

Bitcoin (BTC) started the week with a rise to over $107,000, its highest since January 24, before retreating to $102,000. The cryptocurrency...

Goldman Sachs Projects Gold Price to Reach $4,500 Per Ounce

Cryptocurrencies backed by gold, such as Paxos Gold and Tether Gold, have matched or outperformed the growth of gold prices. The gold spot...

Gold-Backed Cryptocurrencies PAXG and XAUT Surge Amid Market Downtrend

As traditional gold markets strengthen, interest in gold-backed cryptocurrencies is rising. Key points include: Paxos Gold (PAXG) and Tether Gold...

Tether’s XAUT Becomes Top-Performing Digital Asset Amidst Gold Rally

Tokenized gold assets like Tether’s XAUT and Paxos' PAXG remain popular among crypto investors in Asia amid a stable economic environment. ...

Tokenized Gold Market Cap Approaches $2 Billion Amid Tariff Uncertainties

Tokenized gold has gained traction amid market turmoil, outperforming cryptocurrencies and other risk assets. Key developments include: Market cap...

Gold-Backed Cryptocurrencies Decline After $2.5 Trillion U.S. Market Sell-Off

Gold-backed cryptocurrencies Paxos Gold (PAXG) and Tether Gold (XAUT) experienced a decline following record highs amid a global financial...

Cryptocurrency Market Declines as Bitcoin Drops 3% Amid Risk-Off Sentiment

Cryptocurrency prices have declined sharply, with Bitcoin down 3% in the last 24 hours. Major altcoins such as XRP, BNB, and SOL are...

Tokenized Gold Market Capitalization Reaches $1.4 Billion in March

The market capitalization of tokenized gold reached $1.4 billion in March, with trading volumes exceeding $1.6 billion, marking the highest levels...

Bitcoin Market Volatility Expected as Price Nears $90,000

Bitcoin's recovery rally is focusing on the $90,000 level, which is critical due to options market dynamics. Key points include: Market makers...

Bitcoin Holds Steady at $84,000 Ahead of Federal Reserve Decision

Bitcoin (BTC) is trading near its 200-day average of $84,000 as a notable whale exits its short position. Smaller altcoins like CAKE, TKX,...

Gold Surpasses $3,000; Gundlach Predicts Price Could Reach $4,000

Gold prices have surpassed $3,000 for the first time, with predictions from Jeffrey Gundlach, CEO of DoubleLine Capital, suggesting a potential rise...

Bitcoin Holds Steady Above $80,000 Amid Market Volatility

Bitcoin (BTC) remains above $80,000, influenced by macroeconomic factors. Key developments include: Bitcoin dominance at 62%, nearing a yearly...

Bahrain Exchange ATME Completes First Gold-Backed Token Issuance

ATME, a licensed digital assets exchange in Bahrain, has completed its first issuance of gold-backed tokens. Key points include: The tokens...

Bitcoin Steadies Above $81,000 Ahead of U.S. Inflation Report

The crypto market is recovering with bitcoin rising above $81,000 ahead of the U.S. inflation report. The uptick is primarily driven by layer-1 and...

Bitcoin Declines as Investors Shift Focus to Gold Amid Market Concerns

The crypto market is experiencing a downturn, attributed to the lack of a U.S. government plan to purchase bitcoin as part of a strategic reserve...

Gold ETFs See Largest Weekly Inflow Since March 2022 Amid Bitcoin Outflows

Spot bitcoin exchange-traded funds experienced a record outflow of nearly $1 billion, while spot gold ETFs reported significant inflows. Key points...

Gold-backed Tokens Decline as Wall Street Raises Gold Price Forecasts

Gold-backed cryptocurrencies have seen a decline over the past week due to a significant drop in gold prices, which fell as speculation arose around...

Major Financial Institutions Raise Gold Price Forecasts to $3,000 per Ounce

Major financial institutions have raised gold price forecasts due to trade war fears and central bank buying. Key updates include: Citi increased...

Senate Holds Hearings on Crypto Debanking and Stablecoin Legislation

This week in crypto highlighted key developments, including product launches, Ethereum discussions, stablecoin legislation, and Congressional...

Gold-Backed Cryptocurrencies Rise 10% as Gold Prices Reach $2,880

Gold-backed cryptocurrencies are performing well amid a rise in gold prices, which increased by 9.7% this year to a record $2,880 per ounce due to...

USDC Market Cap Grows 21% in January Amid Bitcoin Price Stability

The current state of the crypto market shows Bitcoin's upward momentum is hindered by President Trump's tariff threats, impacting its price and...