Tether putting $23 billion gold stockpile to work with bullion-backed loans
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The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset.
Fundstrat Chairman Tom Lee has set the upper limit for ETH holdings at 5% of the total supply, currently holding 6.02 million ETH, accounting for 4.9%.
Iranian Islamic Revolutionary Guard Corps Commander Advisor Nagdi stated that the Strait of Hormuz has been closed and Iran will block the illegal passage of the strait. This situation will continue until Iran's legitimate demands are met. (Source: CCTV News)
Bitcoin Treasuries stated on the X platform that Johann Kerbrat of Robinhood stated that the company's goal of purchasing $25 million in Bitcoin is to be at the forefront from an institutional perspective, and that Robinhood highly values BTC and its ecosystem.
