On September 29, Tether minted 119,670 new Tether Gold (XAUT) tokens valued at approximately $497 million. This issuance marks a significant increase in the supply of gold-backed cryptocurrency tokens, reflecting growing investor interest in digital assets tied to physical gold. The expansion of XAUT supply could impact the gold-backed crypto market by providing more liquidity and options for investors seeking exposure to gold through blockchain technology.
Tether's recent minting of 119,670 Tether Gold tokens worth about $497 million provides context on digital gold assets. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Sep 29, 2026 19:03 WIB: out of 50 major cryptocurrencies, 39 rose and 10 fell. Notable movers include EOS at Rp12.649 (+8.13%), COMP at Rp451.751 (+6.68%) with 69% sell order activity, and SUSHI at Rp4.824 (+5.75%) with 93% sell order activity.
Hyperliquid has introduced the BVIV Bitcoin Implied Volatility Index Contract, a new derivatives product allowing traders to speculate on the magnitude of Bitcoin's future price movements rather than its direction. This contract uses implied volatili...
Micron Technology is set to release its Q4 earnings results, facing pressure from increasing DRAM supply from China that could weaken its pricing power and gross margins. Market attention has largely overlooked this threat, even as DRAM price growth ...
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Home Depot and Lowe's stocks have both dropped this year, but Home Depot is the better choice for retirement investors due to stronger demand trends, a safer balance sheet, and a higher dividend yield. While Lowe's trades cheaper and offers higher re...
The S&P 500 is expected to experience short-term volatility due to ongoing inflation pressures, Federal Reserve interest rate hikes, and geopolitical tensions, especially related to the Iran conflict. Rising oil and transportation costs alongside hig...
