Search results for "PAXG"

Affected by the international situation, the "gold token" trading volume has exceeded 410 million USD in the last 24 hours.

According to Jinse Finance, the trading volume of "golden token" has exceeded 410 million USD in the last 24 hours. Among them, the trading volume of PAXG in 24 hours reached 190 million USD, and XAUT's 24-hour trading volume was 67.05 million USD.
More
  • 1

Affected by the international situation, the trading volume of "golden token" has exceeded 410 million USD in the past 24 hours.

According to BlockBeats news on June 13, the trading volume of "golden token" has exceeded 410 million USD in the past 24 hours. Among them, PAXG had a trading volume of 190 million USD in 24 hours, and XAUT traded 67.05 million USD in 24 hours.
More

The total trading volume of "Gold Token" PAXG and XAUT in the past 24 hours exceeded 73 million USD.

PAXG and XAUT are two types of Digital Money, issued by Paxos and Tether respectively, both anchored to 1 ounce of gold. As of April 21, the data shows that PAXG's 24-hour volume is $46.77 million, with a total market capitalization of $780 million; while XAUT's 24-hour volume is $27 million, with a total market capitalization of $837 million.
More
  • 1

The gold-backed crypto assets performed unaffected by the market fall, with both PAXG and XAUT rising.

Odaily News Due to investor concerns about changes in macro policy in April, exposure to risk assets has decreased, resulting in a fall in the cryptocurrency market today, with liquidations exceeding 300 million dollars in the past 24 hours, and BTC has dropped to the 82,000 dollar range. However, cryptocurrencies backed by gold are reversing the market's bearish trend, with PAXG rising 0.7% in the past 24 hours and XAUT rising about 1%. (Coindesk)
More

The gold-backed crypto assets performed unaffected by the market fall, with both PAXG and XAUT rising.

Golden Finance reports that the cryptocurrency market has seen a fall today, possibly due to investors reducing their exposure to risk assets amid concerns over macro policy changes in April. The liquidation scale in the past 24 hours has exceeded $300 million, with BTC dropping to the $82,000 range. However, crypto assets backed by gold are reversing the market's bearish trend, with PAXG rising 0.7% in the past 24 hours and XAUT increasing by about 1%. (Coindesk)
More

The gold-backed Crypto Assets showed no impact from the market fall, with both PAXG and XAUT rising.

PANews reported on March 29 that according to CoinDesk, the cryptocurrency market fell today due to investors' concerns about macro policy changes in April and reduced exposure to risk assets, with liquidations exceeding $300 million in the past 24 hours, and BTC falling to $82,000. However, gold-backed cryptocurrencies are reversing the market's bearish trend, with PAXG up 0.7% over the past 24 hours and XAUT up about 1%.
More

Gold ETF inflows hit a three-year high, with PAXG and XAUT performing better than the Crypto Assets market.

Since the beginning of this year, gold-backed cryptocurrencies Paxos Gold (PAXG) and Tether Gold (XAUT) have risen over 24%, attracting investors seeking safe-haven assets. Despite the decline in Bitcoin and the overall cryptocurrency market, these tokens have still performed strongly. According to data, the total market capitalization of gold-backed cryptocurrencies is approaching $1.4 billion, indicating their increasing influence in the market.
More

Hyperliquid platform adds PAXG trading pair, supporting 5x Margin Trading.

According to the Gate.io News bot, the decentralized derivatives trading platform Hyperliquid has officially launched the PAXG trading pair, as reported by Wu. This trading pair supports users in conducting long and short trading operations with up to 5x leverage. The addition of this new trading pair is driven by the demand from community users. PAXG is a cryptocurrency asset issued by Paxos that is pegged to physical gold.
More

The "Gold Token" PAXG has reached a 24-hour volume of 112 million USD.

PAX Gold (PAXG) price hit a new high, with a 24-hour trading volume of over $110 million reaching $112,492,427. PAXG was quoted at $3,269.70, up 0.8% in 24 hours, with a total market capitalization of $736 million. The digital currency is issued by Paxos, and every 1 PAXG is equal to 1 ounce of gold, representing the holding of physical gold.
More
  • 3
  • 3
Golden Finance reported that the monthly stablecoin report from CoinDesk Data shows that in March, the market capitalization of tokenized gold soared to a record 1.4 billion dollars, with volume spiking to an annual high. Among these products, Tether's gold-backed token (XAUT) and Paxos' PAXG dominate, with market capitalizations of 749 million dollars and 653 million dollars, respectively. The report states that the overall stablecoin market's market capitalization exceeded $231 billion in March, marking 18 consecutive months of growth. USDT rose to a record $144 billion. However, as competition in the stablecoin market intensifies, its market share has fallen to the lowest level since March 2023 (62.1%). The second largest stablecoin, Circle's USDC, grew by 7% in one month, reaching nearly $60 billion.
  • 1
  • 1