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Tether unveiled a new stablecoin which is pegged to U.S. Dollar. But has a peculiar difference from the existing - and extremely popular - USDT. The new token is called Alloy (aUSDT) and it is backed by overcollateralized gold reserves rather than government debt. Tether released a very pompous stat

Veteran trader Peter Brandt has made a bold prediction about Bitcoin. He expects the cryptocurrency to surge 230% against gold in the next 12-18 months. Brandt suggests that one Bitcoin could be worth 100 ounces of gold. Currently, Bitcoin trades at around $67,210. Gold, on the other hand, is priced

**The correlation between Bitcoin and gold is on the rise. According to recent data from Kaiko, their 60-day correlation has been trending upward. This indicates a growing linkage in price movements between the two assets. ** Historically, Bitcoin and gold have shown varying degrees of correlation.