Investors Are Flocking To These 3 Safe-Haven Cryptos
Investors should seek refuge in these three safe-haven cryptos if they believe their funds are at risk of a crypto market crash.
Keep up with what's happening in the crypto world in real-time.
Investors should seek refuge in these three safe-haven cryptos if they believe their funds are at risk of a crypto market crash.
The following cryptocurrencies had the worst week of all altcoins.
These penny cryptocurrencies have substantial upside potential while providing the use cases to stay relevant in the long-run.
Last year's selloffs have caused many undervalued cryptos to trade below their intrinsic value. These seven are among the most undervalued.
Well-established projects and utility tokens should be at the top of your list when looking for bear market cryptos to buy.
Cryptocurrencies and non-fungible token projects have been designed to offer innovative and creative functionalities and real-world practicalities that have the potential to experience continuous growth in value and popularity. And we have seen that in many altcoins and NFTs throughout the years.
PAX Gold is a gold-backed ERC-20 token, launched by Paxos, creators of Paxos Dollar stablecoin and itBit crypto exchange.
FTX was hacked for hundreds of millions in cryptocurrencies a few hours after filing for bankruptcy.
Paxos has reclaimed 11,184 Paxos Gold (PAXG) tokens worth $20 million taken during the FTX hack. The post Paxos recovers $20 million in gold tokens stolen in the FTX hack appeared first on The Block.
Reports surfaced yesterday that Paxos had burnt PAXG in four different FTX drainer wallets.
The FTX controversy has pulled the entire crypto market down, with top tokens struggling to stay afloat. Despite the bearish sentiment, PAX Gold (PAXG) has continued to trade in the green zone, keeping substantial intraday and one-week gain.
As the market suffers from FTX's liquidity crisis, PAX Gold (PAXG), a commodity-backed crypto, continues to lead weekly gains. The 65th largest crypto by market cap was seen keeping a week-on-week gain of 5.26% and an intraday gain of 1.12%.
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos Complies With U.S.
The company says the action, which targeted funds drained from FTX late Friday, came at the direction of U.S. law enforcement officials.
Digital currencies backed by physical gold are becoming increasingly popular for traders, as they provide stability and security.
Two asset classes that remained in high demand during periods of economic instability are proliferating and introducing younger generations to the market.
PAX Gold is a cryptocurrency and gold hybrid that bridges the gap between the two investment options. It offers the security and stability of cryptocurrencies.
Cryptocurrencies in the decentralized finance (DeFi) space are borne out of a combination of advancements in blockchain technology and the need for alternatives to fiat. The world has long relied on fiat money as its currency.
Searching for cryptos to buy as the Fed continues to raise rates? These 3 have stronger chances of performance.
Are stablecoins really a good addition to a balanced portfolio? Let's find out.
Fresh on-chain data shows the world's biggest Ethereum whales are turning their attention to a diverse array of altcoins in multiple sectors as ETH itself struggles on the price charts. The latest numbers from WhaleStats reveal the investment behavior of the 100 wealthiest non-exchange Ethereum addresses. The whale-monitoring website shows the top players are fond […] The post Biggest Ethereum Whales Flock to Apecoin, PAX Gold, Stablecoins and Three More Altcoins: On-Chain Data appeared first on The Daily Hodl.
Crypto gold once again proves itself as safe haven
This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let's take a look at it in more detail.
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today's $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen […]