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Behind the Vault Door: Tether Gold Attestation Report Reveals 375K Troy Ounces of Shine

Behind the Vault Door: Tether Gold Attestation Report Reveals 375K Troy Ounces of Shine

This week, Tether—the world’s heavyweight in stablecoin issuance—rolled out its latest attestation report for XAUT, the company’s gold-backed digital token. The glittering takeaway? XAUT’s total market cap just struck $2 billion, claiming nearly 54% of the $3.71 billion tied up in gold-pegged assets. Tether’s XAUT Hits $2 Billion as Gold Token Market Shines at $3.7B…

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First U.S. Spot XRP ETF Surpasses 0 Million in Assets

First U.S. Spot XRP ETF Surpasses $100 Million in Assets

The first U.S. exchange-traded fund offering spot exposure to XRP has crossed $100 million in assets under management. According to issuer REX Osprey, the REX-Osprey XRP ETF (ticker: XRPR) reached the threshold barely a month after its launch on September 18. The fund gives investors direct exposure to XRP, now the fourth-largest cryptocurrency by market…

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Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC

Bitcoin Magazine Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC President Donald Trump has selected Michael Selig, chief counsel for the Securities and Exchange Commission’s crypto task force, to chair the Commodity Futures Trading Commission (CFTC). Selig’s nomination, first reported by Bloomberg, marks Trump’s second attempt to fill the CFTC’s top post, following…

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Why The Dogecoin 3.49% Annual Inflation Is Actually Not A Bug

Why The Dogecoin 3.49% Annual Inflation Is Actually Not A Bug

Dogecoin’s (DOGE) reputation as a meme coin often overshadows the sophisticated economic design built into its protocol. Despite an annual inflation rate of roughly 3.49%, analysts confirm that the steady increase in supply is intentional and not a bug. This built-in inflation mechanism is designed to promote long-term stability and sustainability, making it a “feature”…

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DraftKings’ New Predictions Markets to Use Polymarket’s Clearinghouse

DraftKings’ New Predictions Markets to Use Polymarket’s Clearinghouse

American sports betting platform DraftKings is tapping Polymarket as the clearinghouse for its new prediction market, an industry that clocks over $4 billion in monthly trading volume. “Congrats to DraftKings on their acquisition of Railbird. We’re proud for Polymarket Clearing to be their designated clearinghouse as they enter the prediction market space,” Polymarket CEO Shayne…

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