
Singapore's DBS Bank Launches Tokenized Gold for Retail Clients
Singapore's DBS Bank introduces tokenized gold for retail investors, each digital token directly representing one gram of physical gold stored securely.

Singapore's DBS Bank introduces tokenized gold for retail investors, each digital token directly representing one gram of physical gold stored securely.

Bitcoin and gold face potential headwinds as US inflation surpasses 4%, according to analysts like Markus Thielen from 10x Research.

Bitcoin and gold prices are declining as investors brace for potential interest rate hikes following upcoming US inflation data, unwinding recent market gains.

Gold's recent fall below its 200-day moving average amid a strong US dollar and rate hike expectations could signal a potential shift towards Bitcoin for some investors.

Bitcoin's recent dip below $62,000 led to $1.5 billion in crypto liquidations, influenced by market shifts towards AI and gold, and revised Fed rate cut outlooks.

Tether has launched a new Visa debit card, allowing users to spend their tokenized gold (XAU₮) instantly and earn crypto rewards on purchases.