Gold surged to record, bringing cheer to digital tokens backed by the metal traditionally seen as a haven investment.
XAUT
$4,417.98, the largest gold-backed token by market value, rose to an all-t… [+3575 chars]

Tether gold (XAUT) rose to an all-time high of $4,425 while gains in PAXG (PAXG) and kineses gold (KAU) lifted the market value of gold-backed tokens to $4.38 billion.

CoinDesk

Crypto Markets Today: Gold tokens shine as bitcoin rises to $89,000

By Omkar Godbole (All times ET unless indicated otherwise)
Bitcoin BTC
$87.054,48 has churned between $86,000 and $88,000 over the past 24 hours, with Tuesdays U.S. jobs data failing to inject mean… [+6443 chars]

ETFs bleed, keeping bitcoin in stasis: Crypto Daybook Americas

Stablecoin giant Tether led an $8 million strategic investment in Speed, a payments infrastructure company that blends Bitcoins Lightning Network with stablecoin settlement to move money in real time… [+1359 chars]

Speed handles $1.5 billion in annual payments and serves 1.2 million users, using Lightning for speed and USDT for stable settlement.

Tether leads $8 million investment in Speed to push USDT further into everyday payments

Juventus fan token (JUV) slid more than 13% from its intraday peak after a takeover bid of 1.1 billion euros ($1.3 billion) by stablecoin issuer Tether was rebuffed.
JUV climbed to over $0.85, its h… [+1467 chars]

Juventus Football Club shares surged after stablecoin issuer Tether made, and was rebuffed on, a €1.1 billion takeover bid, while the club’s fan token saw a double-digit pullback.

Juventus Fan Token Slides Over 13% After Tether Bid Rebuff, Even as Club Shares Surge

Stablecoin issuer Tethers dreams of a full takeover of Italian soccer club Juventus appear to have been dashed.
Majority shareholder Exors board of directors has unanimously rejected Tethers binding… [+2118 chars]

The stablecoin giant, which currently has a 10% stake in Juventus, recently offered to buy out the Agnelli family’s 65.4% stake in an all-cash deal.

Tether’s Bid to Buy Italian Soccer Club Juventus Rejected by Majority Shareholder Exor

By Omkar Godbole (All times ET unless indicated otherwise)
Bitcoin BTC
$92,202.82, the leading cryptocurrency by market value, continues to trade directionless above $90,000, with implied volatilit… [+7994 chars]

Bitcoin's Volatility Meltdown: Crypto Daybook Americas

Tether, the company behind the $186 billion USDT stablecoin, is moving further beyond its crypto roots with a privacy-focused health and wellness app.
On Wednesday, the firm rolled out QVAC Health, … [+1483 chars]

The company behind the largest stablecoin, the $186 billion USDT, is increasingly venturing beyond crypto into sectors such as artificial intelligence and robotics.

Tether Rolls Out Privacy-Focused Health App as Expansion Into AI Accelerates

Twenty One (XXI) has fallen 25% early in its first day of trading following completion of its SPAC merger with Cantor Equity Partners (CEP). Now trading at about $10.50, the stock is at a level that … [+990 chars]

The company is led by Strike CEO Jack Mallers and began trading under the XXI ticker today following its SPAC merger with Cantor Equity Partners.