Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Tag:

gold

Fidelity'S Timmer Bitcoin, Gold Top Investment Returns]
GameFi Guides

Bitcoin, Gold Top Investment Returns

by admin September 10, 2025



Jurrien Timmer, Director of Global Macro at Fidelity Investments, says it’s no anomaly that Bitcoin continues to sit near the top of the global returns leaderboard alongside gold and international equities, while bonds remain stuck at the bottom.

In a new market note, Timmer argues that Bitcoin’s scarcity narrative continues to play well in a macro environment where fiat currencies weaken and U.S. fiscal dominance drives capital into domestic risk assets. Gold, long considered Bitcoin’s analog in legacy markets, has so far outpaced the digital asset in 2025.

Earlier this year, Timmer suggested that gold might eventually “pass the baton” to Bitcoin, implying a reversal in performance leadership. That handoff, however, has yet to happen. While Bitcoin reached a new all-time high in late August, its momentum quickly stalled. Meanwhile, gold surged above $3,650 this week to notch another record as investors increasingly price in potential rate cuts from the Federal Reserve.

In previous commentary, Timmer projected that quantitative easing (QE) could return as the Fed faces structural fiscal pressure. Both Bitcoin and gold, he noted, would be primary beneficiaries of a renewed wave of liquidity.

Cycles and institutional gravity

Timmer also weighed in on the ongoing debate around whether Bitcoin’s four-year halving cycle still holds weight in a market now dominated by institutional players. Despite changing dynamics, he believes the asset continues to follow the historical rhythm, supported by supply mechanics and macro tailwinds.

In July, Timmer described Bitcoin and gold as being in the “middle innings” of the hard money trade, driven by expanding global money supply and a still-dominant U.S. dollar.

Fidelity’s framing of Bitcoin as hard money isn’t just narrative, it reflects a shift in macro playbooks. If QE returns, Bitcoin’s role won’t just echo gold’s, it could become central to it.

Also Read: Digital Asset Treasuries under fire as token-holding firms lose steam



Source link

September 10, 2025 0 comments
0 FacebookTwitterPinterestEmail
Every game a platform? Pitfalls and opportunities in the gold rush for user-generated content
Esports

Every game a platform? Pitfalls and opportunities in the gold rush for user-generated content

by admin September 9, 2025


More than ever before, the games industry sustains itself on the backs of its players. Not only in terms of their time and their feedback, but in terms of their creative input as well.

All today’s biggest games, the likes of Minecraft, Roblox, and Fortnite, thrive on community creations, using bespoke toolsets, internal distribution systems, and financial incentives to encourage players to build new items, modes, and experiences within that game’s particular ecosystem.

In doing so, these games have become enormously profitable platforms, and a swathe of other games are rushing to incorporate user-generated content (UGC) into their own business models. Electronic Arts recently revealed that Battlefield 6 would release with a UGC ecosystem called Portal, while battle-royale pioneer PUBG is currently testing its own UGC tools.

Jordan Weisman, CEO of Endless Adventures Incorporated

On the face of it, it seems that UGC is where the big money in the games industry lies. But there is a fundamental misconception about the relationship between UGC and the success of a game. In most cases, it’s the latter which leads to the former, rather than the other way around.

“Fortnite [Creative] is built on the back of an incredibly popular game, right?” says Jordan Weisman, co-founder of Harebrained Schemes, co-creator of ShadowRun and BattleTech, and now CEO of Endless Adventures Incorporated. Weisman is currently developing Adventure Forge, a platform for designing narrative games.

“[Fortnite] built up and got this huge audience, and then in the wake of that, creates this UGC environment.”

Minecraft had a similar trajectory, initially becoming popular due to its survival mechanics. Roblox is the exception, having always been a creative platform first and foremost. But as Weisman points out, Roblox “had a ten-year history” before it became successful.

Follow the leader

Even when you have a successful game, incorporating UGC can pose a significant challenge. “Our first assignment is to catch up,” says Taehyun Kim, game director on PUBG: Battlegrounds, via a translator.

“For Battlegrounds, we were the first pioneers, so we were able to have that market share. [For UGC], we are not pioneers. We are followers.”

PUBG: Battlegrounds | Image credit: Krafton

PUBG’s UGC tools are currently in an early testing phase. PUBG Studios aims to allow players to design their own game modes, customising rulesets, gameplay logic, and the shape and form of the world. Yet Kim is fully aware of the challenge they face to catch up with the likes of Epic’s Fortnite, hence why they’ve allowed players access to the tools at a relatively early stage.

“Right now, it’s in a really basic form,” Kim says. “We want users to make different content and play different styles. And our current system is not big enough to have that available.”

In addition, Kim believes that mimicking the approach of Fortnite Create might not be an appropriate solution for PUBG, owing to the differences in tone and mechanical emphasis between the two games.

“We want to dream big. But of course, we are such a ‘heavy’ game, so what [our players] want [from] UGC in this genre may be different,” he says.

“Fortnite is really casual. What they expect is [different] from what our own audience expects, so we want to [do] what they expect. I guess we need to find our own style and our own path.”

Tough start

Making a UGC game successful from the ground up, by comparison, is significantly harder.

The genre is littered with failed projects. Earlier this year, Build A Rocket Boy’s aim to build a player-created metaverse on the back of the linear cover shooter MindsEye fell at the first hurdle, while Hytale, a Minecraft-inspired building RPG, stumbled through the weeds of feature creep for years, ultimately leading to its cancellation by Riot Games.

Hytale was cancelled earlier this year

One of the biggest challenges for UGC developers is designing the tools that players will use to build their experiences. Weisman points out this can be much more expensive than designing similar tools for internal use.

“There’s a big difference between a tool you make for your in-house use and a tool you put out for consumer use,” he says. “There’s a lot more tool development work and trying to bulletproof the tool as best you can for external use versus internal use.”

At the heart of this challenge is balancing the accessibility of the toolset with its power. In designing Adventure Forge’s toolset, which is built to enable players to create narrative games without needing to code, Weisman received some advice from Zach Phelps, the lead on Fortnite Creative and an investor in Adventure Forge.

“He said ‘accessibility is a problem, but it’s a short-term problem. Lack of power is a long-term problem’,” Weisman explains. “We really leaned into making sure that our creators had all the power we could provide them, and then incrementally keep improving accessibility.”

Adventure Forge is a ‘no code’ game creation platform | Image credit: Endless Adventures

But providing users with the right tools is only half the problem. The other half is convincing players to engage. Not just with the tools, but with the experiences users create.

Games like PUBG and Fortnite have a huge, ready-made audience, which makes the investment in these tools worthwhile even if only a small portion of the user base engages with them. Smaller developers and devs starting from scratch cannot rely on this, so alternative solutions are required.

One option is to demonstrate the effectiveness of your tools by building a game with them yourself. This is the approach taken by Manticore Games, creators of the Core game creation platform.

Core released in 2021, attracting 3.5 million users during its first 18 months. But Manticore discovered there was a discrepancy between people coming to Core as creators and those looking for games to play.

“The thing with UGC is it’s a typical two side marketplace. You have to find a way to have great creators that create great content, and the players come and they love the games, and they stay, and they bring more players and creators,” says Frederic Descamps, who co-founded Manticore with Jordan Maynard in 2016.

“That flywheel effect is actually very hard to start, and we did very well with the creators, [but] with the players, I would say it was a little harder.”

Out of Time is due out on September 25, 2025 | Image credit: Manticore Games

This eventually led Manticore to build Out of Time, a rogue-like MMO that runs in Unreal Engine 5, but was built using the tools Manticore designed.

Manticore figured that building a game using their toolset could demonstrate Core’s effectiveness while also giving them a separate product to sell.

“As an independent studio, you have to be careful where you spend your resources,” Descamps explains. “We came up with a few hypotheses and a few ideas that we decided to test, and Out of Time came out of that. It was basically a way for us to use Core, and actually Out of Time is purely UGC.”

Agile creation

One intriguing facet of Out of Time’s development is its turnaround. Maynard says that the game was built from concept to launch-ready in two-and-a-half years, which includes a development reset 12 months in.

“The acceleration we get from using Core on top of just a base engine, I would estimate is 10x,” he says.

At a time when many AAA projects are taking five years or longer to develop, Maynard believes that tools like Core offer a potential solution. “UGC and professional game development – the lines are blurring,” he says.

“The actual experience of is interactive, so it sort of makes sense that the creation of it becomes interactive too, especially as the tools get better.”

Weisman, meanwhile, is taking a different approach. In addition to making the act of creation simple, Adventure Forge’s tools are designed to make the distribution of games easier.

Surfacing games and experiences both within and without UGC platforms can be difficult for players, with Weisman citing Lethal Company as an example.

“Lethal Company was a game developed in Roblox for two, three years. They honed it and it got a good mid-size following” he says. “[Then] they wanted to release it outside of Roblox, so they had to completely redevelop the game in Unity and put it out. And when they did, it sold, like, 12 million units.”

Like Roblox, Adventure Forge will have its own publishing ecosystem with a revenue share model, one that enables games to be published onto the platform with “one button press.” But it’s also designed so that any game made with it can easily be published on other platforms and devices.

“Our goal is to be looking for those gems that are developed inside of Adventure Forge and then reach out to those creators, and then we could publish their game for them externally,” Weisman says. “But if we don’t pick yours, or you’d rather do it yourself, you have that option. You’re not captured inside of the fortress of the application you’re in.”

Small is beautiful

It’s worth noting that not every developer with UGC tools is necessarily looking to become the next Minecraft. One such studio is Tuxedo Labs, the creators of voxel-based destruction sim Teardown.

On the face of it, Teardown seems ideally poised to become a major UGC-centric experience. It has a distinctive, sandbox-ish mechanical loop, custom, in-built modding tools, and an enthusiastic community creating everything from additional weapons and vehicles to unofficial campaigns.

Teardown | Image credit: Tuxedo Labs

Moreover, the studio is also currently working on a major update to add multiplayer support, which will include both cooperative and competitive modes. But according to CEO Marcus Dawson, Tuxedo Labs is cautious about Teardown’s UGC potential.

“We have tried to stay very open. It’s about the game you can play,” Dawson says. “We don’t go into monetisation and doing our own app store and things like that.”

Part of the reason for this is that Tuxedo Labs is still a very small team – around 14 people – and has little urgency to grow into a large studio. But Tuxedo Labs is also wary about betraying the spirit of Teardown.

“It’s a can of worms, like you see the App Store, how that [proliferated] and it can get from creativity into money grabbing,” he says. “Creativity is the important thing. And I think monetisation sometimes can really hurt the openness [of the] platform.”

“You don’t buy a sandbox if you don’t really know what it is”

Marcus Dawson, Tuxedo Labs

In addition, Tuxedo Labs also wants to pursue new projects, and doesn’t want to dedicate itself to servicing a single game. “If you have a really great, talented team, which I think I do…then you need to keep pushing,” Dawson says.

“[You can’t] create a magnificent game and then expect all the developers to sit on localisation and maintenance for ten years, because then you will lose the best developers.”

This isn’t to say Dawson is wholly against the idea of Teardown becoming a bigger prospect. If the upcoming multiplayer update results in a huge influx of new players, the studio will adjust accordingly.

If this doesn’t happen, however, then Teardown still exists as a dedicated single-player experience that players can pick up and enjoy whenever they like, just as games like Minecraft, Fortnite, and PUBG are fully featured experiences even without their UGC sides.

“You buy the game for the game,” Dawson concludes. “You don’t buy a sandbox if you don’t really know what it is.”

In short, you need a “cool game” first. “Then you can extend it to [be] something else.”



Source link

September 9, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
GameFi Guides

Wall Street Giant Cantor Debuts Bitcoin Fund With Gold Insurance

by admin September 8, 2025



In brief

  • Cantor Fitzgerald has debuted a new Bitcoin fund.
  • The fund also gives investors exposure to gold—for downside protection.
  • Gold rose to a record high near $3,680 on Monday, while BTC is trading about 9% off its all-time best, set last month.

Wall Street giant Cantor Fitzgerald debuted a new fund Monday that aims to give investors exposure to Bitcoin‘s gains and downside protection with gold. 

The fund, the Cantor Fitzgerald Gold Protected Bitcoin Fund, which was announced in May at the Bitcoin 2025 conference in Las Vegas, Nevada, aims to address the concerns of investors scared of Bitcoin

Monday’s announcement said that the fund “minimizes the risk of short-term volatility and reduces the impact of correlation spikes while continuing to benefit from the long-term upside trend of Bitcoin.” 

“This gold-protected Bitcoin strategy spans five years and tackles both risks head-on: it captures Bitcoin’s upward trajectory while gold provides a safety net that historically performs well when markets decline,” Global Head of Cantor Fitzgerald Asset Management Bill Ferri said. 

He added: “With risk assets at or near all-time highs, timing and protection matter.”

Decrypt reached out to Cantor Fitzgerald for comment. 

Bitcoin, the largest and oldest digital asset, has in the past made massive gains but experienced huge drops throughout its 16 year history.

Bitcoin was recently trading at under $112,182, up about 1% over the past 24 hours and more than 20% year-to-date according to cryptocurrency markets data provider CoinGecko. But the leading cryptocurrency by market cap has fallen nearly 9% since reaching an all-time high of $124,128 last month. 



To be sure, experts recently told Decrypt that with the approval of spot Bitcoin ETFs, which institutions have flooded into, the asset should experience less volatility. The digital coin’s volatility has significantly dampened this year. 

But during the last bull market of 2021, the asset hit a high of over $69,000 per coin only to plunge to under $16,000 the following year. The current up cycle has likely yet to see an end, many analysts believe. 

Gold, the traditional save haven asset, hit a new high Monday near $3,680 per ounce and is up more than 37% year-to-date, amid ongoing concerns about the U.S. economy, inflation and other macroeconomic uncertainties.

Cantor was among the early, vocal Wall Street supporters of Bitcoin. The firm helps custody the Treasury reserves for stablecoin giant Tether’s USDT stablecoin product. Its former chairman and CEO Howard Lutnick, an advisor to Donald Trump during his 2024 presidential campaign, is now U.S. Commerce Secretary.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

September 8, 2025 0 comments
0 FacebookTwitterPinterestEmail
Sentiment signals could spark the next rally
NFT Gaming

Bitcoin, gold, Swiss franc vie for safe haven status as US dollar falters

by admin September 7, 2025



The ongoing economic and geopolitical tensions have fueled demand for safe-haven assets, with Bitcoin, gold, and the Swiss franc being in the driver’s seat. 

While Bitcoin’s (BTC) price has pulled back recently, it remains much higher than the year-to-date low. Also, Bitcoin ETFs continue to add assets this year, with their cumulative inflows rising by $54 billion since January last year. 

Summary

  • Bitcoin, gold, and the Swiss franc have jumped this year.
  • The US dollar index has plunged by over 10% from the year-to-date high.
  • The three assets have become safe-haven assets amid heightened risks.

Geopolitical and economic risks are high

The U.S. economy shows signs of stagflation as consumer and producer inflation continue rising. The year-over-year U.S. consumer inflation rate (CPI) grew from 2.4% in June to 2.7% in July. The core CPI, excluding food and energy, accelerated to 3.1%.

U.S. job growth is also slowing, according to data released on Friday. The economy added just 22,000 jobs in August, while the unemployment rate moved to 4.3% — the highest level since the pandemic. 

Economists expect that the upcoming inflation report will show that the headline consumer price index rose to 3% in August, continuing a trend that has been going on for months.

Therefore, economists expect the Fed to cut interest rates by 0.25% in the upcoming meeting. Cutting rates in a stagflation risks pushing inflation higher in the coming months.

Demand for safe-haven assets has also jumped as trade relations between the U.S. and other countries worsen. For example, India is reportedly aligning itself with China due to the Trump administration’s tariffs.

The other significant risk has been the threat to Federal Reserve independence. Trump has considered firing Fed chair Jerome Powell, and has recently fired Lisa Cook in his bid to achieve lower interest rates.

Bitcoin, Swiss franc, and gold have soared

BTC, gold, and Swiss franc | Source: crypto.news

These risks explain why the U.S. dollar index has plunged, moving from the year-to-date high of $110 in January to $97.73 today. 

At the same time, the gold price has recently surged to a record high as ETFs have added substantial inflows in the past few months. China’s central bank has bought gold in the last eleven consecutive months, bringing its holdings to $74 million troy ounces. Goldman Sachs analysts see the gold price hitting $5,000.

The Swiss franc has also become a safe haven as it surged by 13% against the U.S. dollar. Investors love the low-yielding franc because of Switzerland’s stability, neutrality, and low public debt. 



Source link

September 7, 2025 0 comments
0 FacebookTwitterPinterestEmail
Gold, Crypto or Stocks? Key Difference Revealed, And It Is Brutal for Bitcoin
NFT Gaming

Gold, Crypto or Stocks? Key Difference Revealed, And It Is Brutal for Bitcoin

by admin September 6, 2025


When markets feel the heat, the contrasts between them become clear right away. Popular crypto analyst Will Clemente perfectly highlighted this gap amid the latest shake out.

The fact is that gold has central banks that rush to add to reserves, and stocks are cushioned by pension and sovereign funds that love to compound, but crypto has none of that. The only names associated with it on public markets are the ones that crash at the same time as the coins themselves.

You Might Also Like

Bitcoin dipped to around $110,700 today on a U.S. jobs data mess, but the companies most exposed to it slipped at the same time. Strategy is down 1.47%, BMNR lost more than 5%, Coinbase dropped over 4% and SBET slid almost 7%.

The difference between gold, stocks, and crypto in shaky moments is that gold has central banks twapping, stocks have pension funds & sovereign wealth funds twapping, crypto has this: pic.twitter.com/r6oDTcbQQT

— Will (@WClementeIII) September 5, 2025

These are supposed to be the closest thing to institutional exposure for digital assets, but during sell-offs, they do not buy — they bleed.

“When sell-off hits”

Today’s situation looked even worse on the derivatives side. In just 24 hours, there were more than $371 million in liquidations, split between $230 million in longs and $141 million in shorts. 

In just the first hour after the report came, a whopping $117 million was gone, showing how easily things can fall apart when there is no deep capital backing it up.

You Might Also Like

Every part of the day brought new sales, and by the end, both the bulls and the bears had lost hundreds of millions. Meanwhile, S&P 500 and Nasdaq renewed all-time highs.

The comparison is simple but hard to ignore. Gold is used by central banks, stocks are used by retirement funds and crypto is used by companies that have the same price chart. When Bitcoin drops, they sell off too, leaving nothing behind to slow the fall.





Source link

September 6, 2025 0 comments
0 FacebookTwitterPinterestEmail
Tether
Crypto Trends

Tether Eyes Gold Mining As New Frontier For Crypto Profit Deployment

by admin September 6, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Tether, the issuer of the market’s largest stablecoin by trading volume, USDT, is reportedly in discussions to invest in gold mining. The company aims to channel its substantial cryptocurrency profits into the metals market. 

According to a recent Financial Times report, Tether is exploring opportunities across the entire gold supply chain, including mining, refining, trading, and royalty companies. 

Gold As Foundational Asset

Paolo Ardoino, Tether’s CEO, has expressed a strong affinity for gold, referring to it as “natural Bitcoin.” In a speech earlier this year, he articulated a perspective that contrasts with the common view of Bitcoin as “digital gold,” instead emphasizing that gold represents “a foundational asset.”

Per the report, Tether’s interest in gold has surprised many within the traditional mining sector, raising questions about the company’s strategy and its potential for success. 

One mining executive remarked on Tether’s unconventional approach, suggesting that while the company appreciates gold, it lacks a clear strategy for navigating this established industry.

As one of the most profitable entities in the cryptocurrency space, Tether boasts a market capitalization of $168 billion. The company generated $5.7 billion in profits in the first half of this year and is also known as one of the largest holders of US Treasuries, earning interest from these investments to support its stablecoin.

Tether has already made significant strides in the gold market, holding $8.7 billion worth of gold bars in a Zurich vault, which serves as collateral for its stablecoin issuance. 

Blue Gold Joins Tether In Bridging Crypto And Gold Markets 

Recently, Tether Investments, the arm responsible for managing the company’s profits, acquired a minority stake in the gold royalty company Elemental Altus for $105 million. This investment was complemented by an additional $100 million infusion into Elemental following its merger with rival EMX. 

Juan Sartori, who leads business initiatives at Tether, told the Financial Times that these investments are part of a broader strategy to enhance the company’s exposure to gold.

In addition to its investments in gold royalties, the crypto company has also engaged in discussions with Terranova Resources, a gold mining investment vehicle based in the British Virgin Islands, although no deal has materialized. 

The stablecoin issuer’s foray into gold also includes the XAUt token, a cryptocurrency backed by physical gold, though its market presence is relatively modest compared to USDT.

The report highlights that other firms, such as Blue Gold, are also exploring the intersection of cryptocurrency and gold. The gold mining company plans to introduce digital tokens linked to its future gold output, reflecting a belief that gold-backed tokens could gain global traction.

The daily chart shows the total crypto market cap valuation at $3.84 trillion. Source: TOTAL on TradingView.com

Featured image from DALL-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

September 6, 2025 0 comments
0 FacebookTwitterPinterestEmail
Schiff: Bitcoin Is Doing 'Nothing' While Gold Hits New Record High
Crypto Trends

Schiff: Bitcoin Is Doing ‘Nothing’ While Gold Hits New Record High

by admin September 5, 2025


  • Gold’s new record high
  • “You bet on the wrong horse”

Gold bug Peter Schiff is gloating over Bitcoin’s recent underperformance. 

In a recent social media post, the gold bug stated that the flagship cryptocurrency is currently doing “nothing” while gold is in the process of hitting new record highs. 

Gold’s new record high

Earlier today, the yellow metal hit yet another all-time high, surpassing the $3,600 level for the first time ever. 

“It’s doing exactly what one would expect with the Fed about to cut rates into rising inflation,” he said. 

As reported by U.Today, the odds of a rate cut spiked higher earlier today after the U.S. Labor Department published underwhelming jobs data, which shows that the economy is slowing. The US economy added only 22,000 jobs, which is far below the 75,000 jobs that were initially expected. 

“You bet on the wrong horse”

According to Schiff, those who decided to pick Bitcoin over gold ended up betting on the wrong horse.

Gold has substantially outperformed Bitcoin in 2025 despite the fact that its market cap is substantially bigger. 

Bitcoin is down 13% against gold this year, with the latter clearly winning the “safe haven” race.

Earlier this month, Schiff opined that gold and silver breaking out was a bearish development for the leading cryptocurrency.

Bitcoin is currently trading at $111,225 after reclaiming the $113,000 level earlier today. 



Source link

September 5, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
GameFi Guides

Tether, El Salvador Deepening Ties to Gold, the ‘Natural Bitcoin’

by admin September 5, 2025



In brief

  • Stablecoin issuer Tether has held talks on investing in gold miners and royalty firms, after already acquiring $8.7 billion worth of bullion.
  • Meanwhile, El Salvador bought nearly 14,000 ounces of gold for $50 million, its first central bank purchase since 1990.
  • Tether CEO Paolo Ardoino has previously described gold as “natural Bitcoin,” and suggested in a separate interview that if a global “reset” were to occur, it would “happen in gold.”

Tether, the world’s largest stablecoin issuer, has reportedly been in discussions with mining and investment groups to deploy billions into the gold industry, according to a Financial Times report late Thursday.

The talks reportedly span mining, refining, trading, and royalty companies, following chief executive Paolo Ardoino’s view of gold as “the natural Bitcoin.”

“I prefer to think in Bitcoin terms, and I think gold is kind of a resource of nature and is almost like the natural Bitcoin,” Ardoino said onstage at the Bitcoin 2025 conference back in May.



Tether is also moving to deepen its role in the sector, planning to spend about $100 million more to increase its previous 37.8% stake in Toronto-listed Elemental Altus Royalties, a Canadian firm that buys future revenue streams from gold mines, according to a report from Bloomberg early Friday.

“Access to capital is one of the key constraints in the royalty and streaming business; Tether’s support is fully aligned with our growth strategy,” David Baker, CFO at Elemental Altus Royalties, said in a statement shared with Decrypt. He added that, “Since their first investment in June, Tether has been very supportive of the company and management,” noting that prior to the merger announcement the firm had announced almost $70 million of gold royalty acquisitions in Australia and Liberia.

Tether is already among the world’s biggest private holders of the metal. The company disclosed $8.7 billion in gold bars held in a Zurich vault in its Q2 2025 attestation report, collateralizing part of its operations. In 2020, the firm launched Tether Gold, a gold-backed stablecoin backed by more than 7.7 tons of the precious metal, according to an April 2025 attestation report by accounting firm BDO Italia.

Tether did not immediately return Decrypt’s request for comment.

El Salvador’s first gold buy in 35 years

Tether’s gold push comes as Banco Central de Reserva, El Salvador’s central bank, announced its first bullion purchase in 35 years, buying 13,999 troy ounces for $50 million, raising the country’s holdings to 58,105 ounces, worth an estimated $207 million.

The central bank characterized the purchase as a diversification play for its $4.7 billion in foreign reserves, according to a syndicated report from Agencia EFE.

El Salvador has already accumulated more than 6,200 bitcoin, now valued at over $706 million based on current prices, according to data from Bitcoin Treasuries. Earlier this week, the country’s Bitcoin Office confirmed that it has moved its crypto holdings to new addresses, following security concerns.

These moves suggest that large sovereign Bitcoin holders, such as El Salvador, and major crypto industry names, including Tether, are beginning to frame gold as a complementary hedge, treating it less as a rival asset and more as a partner in diversification strategies.

A source working on Tether’s regional expansion efforts declined to comment, citing internal policies, and instead directed Decrypt to Ardoino’s interview with Anthony Pompliano in August, where he argued that gold could be viewed as a counterweight to fiat, not a rival to Bitcoin.

In the interview, Ardoino suggested traders might choose to rotate into bullion at cycle peaks, given its 6,000-year history and scale as a reserve asset.

“There is time for everything, and I think that when […] if the world will go to hell in the next 5 years, there’s good chances that part of the reset will happen in gold,” Ardoino said.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

September 5, 2025 0 comments
0 FacebookTwitterPinterestEmail
Cameron and Tyler Winklevoss at the White House on July 18, 2025. (Jesse Hamilton/CoinDesk)
Crypto Trends

USDT Issuer Tether Holds Talks to Invest in Gold Mining: FT

by admin September 5, 2025



Tether, the issuer of world’s largest stablecoin, USDT, has eyed investing in gold mining, the Financial Times reported on Friday.

The firm has held discussions with mining groups about putting money into the gold supply chain, including refining, trading and royalties, according to the report, which cited people familiar with the talks.

Tether CEO Paolo Ardoino referred to the precious metal as “bitcoin in nature,” in a speech at the Bitcoin 2025 conference in May.

One commodity industry executive referred to Tether as the “weirdest company I have ever dealt with,” according to the report.

Tether already holds $8.7 billion in gold bars in a Zurich vault, according to its financial statements, and in June this year paid $89.2 million for a minority stake in Elemental Altus (ELE), a publicly traded precious-metals investment company.

The company also offers Tether Gold (XAUT), a stablecoin in which each token is equivalent to the value of one troy ounce of physical gold.

Gold rose to an all-time high of over $3,550 per ounce this week, having nearly doubled in price in the last two years. Given its reputation as a haven amid geopolitical tensions, gold remains a natural investment of interest for crypto-native investors, many of whom buy bitcoin and other digital assets for similar reasons.

Tether did not immediately respond to CoinDesk’s request for comment.



Source link

September 5, 2025 0 comments
0 FacebookTwitterPinterestEmail
Bitcoin (BTC) Officially Decouples From Gold
GameFi Guides

Bitcoin (BTC) Officially Decouples From Gold

by admin September 5, 2025


Bitcoin’s price continues to trade between $107,000 and $113,000 at September’s start as volatility drops. Meanwhile, gold is trading near record highs, putting the correlation between the two assets into spotlight.

Maartunn, a community analyst at CryptoQuant, observed that Bitcoin has now decoupled from gold in a recent tweet.

According to Maartunn, for the first time in over six months (since February 2025), the correlation between BTC and gold has just turned negative. The analyst suggests that this shift might imply a divergence in the safe haven narrative.

You Might Also Like

Bitcoin staged a rebound from a low of $107,250 on Sept. 1, rising for three days at a stretch to reach a high of $112,600 on Wednesday before retreating.

At the time of writing, Bitcoin was trading down 0.7% in the last 24 hours to $110,578. Spot gold traded slightly above $3,500 after surpassing that level previously for the first time.

Markets await next move

As the Bitcoin price consolidates, markets target their next move with clues on Fed’s interest rate positioning awaited from the upcoming September meeting scheduled for the 16th and 17th.

You Might Also Like

In the latest economic data release, private payrolls rose by only 54,000 in August, below the expected 75,000 polled by Dow Jones economists, which marks a drop from an increase of 106,000 seen in the past month.

Jobless claims increased to 237,000, up 8,000 from the prior week and above estimates, offering further evidence of a labor market slowdown. Following this, investors will focus their attention on Friday’s big jobs report.

Labor market concerns have prompted traders to build on bets that the Federal Reserve might cut rates at its meeting later this month, with the odds now reaching 97.4%.



Source link

September 5, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • 2
  • 3
  • 4

Categories

  • Crypto Trends (1,098)
  • Esports (800)
  • Game Reviews (728)
  • Game Updates (906)
  • GameFi Guides (1,058)
  • Gaming Gear (960)
  • NFT Gaming (1,079)
  • Product Reviews (960)

Recent Posts

  • One of Borderlands’ most hated characters seems to have been cut from Borderlands 4
  • Dyson Is Offloading Its V8 Plus Model, Now Cheaper Than Entry-Level Cordless Vacuums
  • Nintendo posts cute and mysterious animated short film, but is it teasing Pikmin?
  • Best FC Mobile 2nd Anniversary players tier list
  • PowerWash Simulator 2 launches later this month

Recent Posts

  • One of Borderlands’ most hated characters seems to have been cut from Borderlands 4

    October 7, 2025
  • Dyson Is Offloading Its V8 Plus Model, Now Cheaper Than Entry-Level Cordless Vacuums

    October 7, 2025
  • Nintendo posts cute and mysterious animated short film, but is it teasing Pikmin?

    October 7, 2025
  • Best FC Mobile 2nd Anniversary players tier list

    October 7, 2025
  • PowerWash Simulator 2 launches later this month

    October 7, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • One of Borderlands’ most hated characters seems to have been cut from Borderlands 4

    October 7, 2025
  • Dyson Is Offloading Its V8 Plus Model, Now Cheaper Than Entry-Level Cordless Vacuums

    October 7, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close