the most ironic thing would be gold and silver cooling down, after collectively adding ~$15 trillion to their market caps since crypto locally topped in Octoberwhile crypto picks up and goes on a monstrous, face-melting rally that sends $BTC to $150,000and $USELESS coin follows aggressively, outperforming everything else as it speedruns to multi-billionsjust as an army of bewildered people and mainstream media pundits churn out thinkpieces and full segmentstrying to explain why a coin literally named USELES ...

DATA: @Circle minted another $500M in $USDC on @Solana in the last 24 hours. https://t.co/6PZSu8G6V1 ...

#Bybit #CryptoArk #SNP500 ...

LATEST: 💰 Trump family-backed American Bitcoin has expanded its BTC reserve to 5,843 coins, worth about $520 million, and reports that it has achieved a Bitcoin yield of roughly 116% since its Nasdaq debut. https://t.co/nFubZeh0rz ...

https://t.co/eMn9AfF26w ...

JUST IN: Former PayPal President David Marcus says #Bitcoin should be $1.5 million“That’s going to happen” 🚀 https://t.co/vQcMf3RZXF ...

🚨 🚨 🚨 22,656 #ETH (67,780,593 USD) transferred from unknown wallet to Beacon Depositorhttps://t.co/yjlM42t4T8 ...

🚨 🚨 🚨 20,768 #ETH (62,192,967 USD) transferred from unknown wallet to Beacon Depositorhttps://t.co/KX6A5IWqX0 ...

A newly created wallet withdrew 45M $USDC from #Binance to #Hyperliquid to buy $HYPE.So far, 289,120 $HYPE($9.77M) has been purchased — buying is ongoing.https://t.co/B9Gohwgr3Fhttps://t.co/dNArQDkfma https://t.co/QZEwlR2pA8 ...

Core Insights - Tether Holdings has significantly increased its gold reserves, now holding approximately 140 tons, positioning itself as a major player in the gold market [1][3][6] - The company aims to compete with traditional banks in bullion trading, indicating a strategic shift towards becoming a key player in the gold sector [1][5] Group 1: Gold Accumulation - Tether purchased over 70 tons of gold in the past year for its reserves and its gold-backed stablecoin, XAUT, surpassing the holdings of the three largest exchange-traded funds [2] - The current value of Tether's gold reserves is estimated at $23 billion, making it the largest known treasury outside of central banks, ETFs, and private banks [3] - The company has been accumulating more than a ton of gold weekly and plans to continue this trend for the foreseeable future, assessing demand quarterly [3] Group 2: Storage and Security - Tether stores its gold in a former nuclear bunker in Switzerland, which is heavily secured, highlighting the company's commitment to the safety of its assets [4] Group 3: Market Position and Trading Intentions - Tether is looking to trade gold and compete with major financial institutions like JPMorgan Chase & Co. and HSBC, aiming for stable long-term access to gold [5] - Following the announcement of its gold holdings, Tether's gold-backed stablecoin, XAUT, experienced a price increase of 3.99% in 24 hours, with significant weekly and monthly gains [5]