PAX Gold (PAXG)
PAXG

PAXG News PAX Gold

Price of PAX Gold (PAXG)

Price of 1 PAX Gold today (30 June)
$ 4,023.55
0.122%

Latest news on PAX Gold (PAXG) now

Gold Tokens Fuel 53% Growth in Tokenized Commodities Market

The tokenized commodities sector has surged by 53% in under six weeks, reaching over $6 billion, largely driven by gold tokens like Tether’s...

Crypto Whales Accumulate Gold-Backed Tokens Amid Rising Market Caps

Financial markets rise as the U.S. Federal Open Market Committee meeting begins on Jan. 27-28. The Fed's interest rate decision is expected to...

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...

Bitcoin, Ethereum, Solana Show Potential High-Time-Frame Reversal Signs

Bitcoin, Ethereum, and Solana are stabilizing at key support levels, indicating a possible high-time-frame reversal. Recent bullish...

Binance Founder CZ Predicts Bitcoin Will Surpass Gold's Market Cap

Key Highlights: Changpeng Zhao (CZ), founder of Binance, predicts that Bitcoin will surpass gold in market capitalization. Gold's...

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....

Gold-Backed Tokens Steady in $19B Crypto Rout Amid Potential Rally Exhaustion

Amid a $19 billion liquidation event affecting major cryptocurrencies like Bitcoin and Ethereum, gold-backed digital assets showed...

Gold Surpasses $4K; Bitcoin and BNB Chain Show Resilience

The dollar index's rally continued on Wednesday, yet gold reached new highs above $4,000. Bitcoin recovered from session lows near...

High

Bitcoin (BTC) has decreased by 2.4% to $121,340 due to a stronger dollar index, after reaching over $126,000 earlier this week. The...

Tether Gold (XAUt) Hits $1B Market Cap Amid Record High Gold Prices

Tether Gold (XAUt) Surpasses $1 Billion Market Cap Tether Gold (XAUt), a token backed by physical gold, reached a market capitalization of...

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...

PowerTrade Reports Increased Call Options Activity for TRUMP, XRP, and SOL

PowerTrade reports strong activity in alternative cryptocurrencies, with SOL, XRP, and TRUMP expected to lead gains as the year closes. Key points...

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...