Streetbeat News

PAXGUSD

Pax Gold / US Dollar

https://paxos.com/paxgold/

Industry

digital currency

PAX Gold (PAXG) is a digital asset. Each token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. If you own PAXG, you own the underlying physical gold, held in custody by Paxos Trust Company.

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CoinFlip, a Chicago-based startup, is expanding its cryptocurrency ATM offerings beyond Bitcoin to include several other cryptocurrencies. The company is navigating a market correction in the Bitcoin ATM space, which is seeing consolidation and a reduction in the number of ATMs. CoinFlip is also exploring global expansion, particularly in New Zealand, and is investing in early-stage crypto startups through CoinFlip Ventures.

Portfolio Pulse from Anthony Noto

August 24, 2024 | 4:00 pm

Cryptocurrency prices, including Bitcoin (BTC) and Ethereum (ETH), traded higher on Tuesday, with BTC surpassing $34,000 and ETH exceeding $1,800. This follows the increase in the US S&P Global Manufacturing PMI to 50 in October, higher than market expectations. Mina (MINA) was the top gainer over the past 24 hours, while PAX Gold (PAXG) was the biggest loser. The global crypto market cap rose to $1.27 trillion, recording a 24-hour gain of 9.8%.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 1:55 pm

Bitcoin (BTC) and Ethereum (ETH) traded higher, with BTC surpassing $28,000 and ETH crossing the $1,600 mark. Bitcoin SV (BSV) was the top gainer over the past 24 hours, while Loom Network (LOOM) was the biggest loser. The global crypto market cap rose to $1.12 trillion, recording a 24-hour gain of 6.2%.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 1:46 pm

Gold-backed cryptocurrencies, including Tether Gold (CRYPTO: XAUt), Monero (CRYPTO: XMR), and PAX Gold (CRYPTO: PAXG), have seen an increase in value amid the Israel-Hamas conflict, correlating with the rising price of gold. This comes as other major cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) faced a decline.

Portfolio Pulse from Mehab Qureshi

October 10, 2023 | 4:34 am

Cryptocurrency prices fell with Bitcoin (BTC) trading below $27,500 and Ethereum (ETH) below $1,600. The global crypto market cap fell to $1.07 trillion, a 24-hour decline of 1.6%. Rocket Pool (RPL) was the top gainer while Conflux (CFX) was the biggest loser. Other notable losers include Bitcoin SV (BSV), Sui (SUI), ApeCoin (APE), Bitcoin Cash (BCH), and Chiliz (CHZ).

Portfolio Pulse from Lisa Levin

October 09, 2023 | 1:33 pm

Cryptocurrency prices fell on Monday, with Bitcoin trading below $26,000 and Ethereum falling below $1,600. Tether Gold was the top gainer over the past 24 hours, while Arbitrum was the biggest loser. The global crypto market cap fell to $1.03 trillion, a 24-hour decline of 0.8%.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 1:31 pm

Cryptocurrency prices are on the rise with Bitcoin trading above $31,000 and Ethereum surpassing the $2,000 mark. XRP emerged as the top gainer over the past 24 hours following a partial victory against the SEC in a recent court ruling. The global crypto market cap rose to $1.25 trillion, recording a 24-hour gain of 5.8%.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 1:38 pm

Bitcoin (BTC) and Ethereum (ETH) traded higher, with BTC surpassing the $31,000 mark. eCash (XEC) was the top gainer over the past 24 hours, while Toncoin (TON) was the biggest loser. The global crypto market cap rose to $1.2 trillion, recording a 24-hour gain of 1.5%. Other notable gainers include Bitcoin Cash (BCH), Compound (COMP), Litecoin (LTC), and Maker (MKR).

Portfolio Pulse from Lisa Levin

June 30, 2023 | 1:36 pm

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