Crypto M - Crypto News

🚀 PRECIOUS METALS | Morgan Stanley Questions Gold's Role as a Risk Management Tool According to Jin10, Morgan Stanley has raised concerns about gold's traditional role as a risk management tool following six weeks of significant volatility in commodity prices. Amy Gower, a metals and mining strategist at Morgan Stanley, stated that gold is currently behaving more like a risk asset rather than a safe haven. Typically, gold should serve as a diversification tool within investment portfolios, but this is not currently the case. Gower acknowledged that it is 'normal' for gold to weaken following a shock, as investors often seek liquidity. However, she pointed out that gold prices are increasingly influenced by the trading activities of major holders such as central banks and ETFs. #preciousmetals#gold#riskmanagement#morganstanley#commodityprices#investmentportfolios#metals#mining#centralbanks#ETFs#XAUT

🚀 PRECIOUS METALS | Tether Gold Launches on Conflux for Seamless Transfers Tether Gold (XAUt) has launched its full-chain deployment version, XAUt0, on the Conflux network. According to Foresight News, this introduction allows for seamless transfers of tokenized gold across supported blockchains. Previously, USDT0 was also launched on Conflux, offering unified dollar liquidity. #TetherGold#XAUt#Conflux#blockchain#tokenizedgold#cryptocurrency#digitalassets

🚀 Zimbabwe's Gold Trade Remains Stable Amid Middle East Tensions, Says Deputy Finance Minister Zimbabwe's Deputy Finance Minister, Kudakwashe Mnangagwa, stated that despite ongoing conflicts in the Middle East, Zimbabwe's gold trade continues to flow smoothly through the region. According to Jin10, when asked about potential disruptions, Mnangagwa mentioned that no warnings or concerns have been received from Fidelity Printers and Refineries, the country's gold refiner. He added that all institutions are closely monitoring the situation, and trade remains uninterrupted. Last month, the Zimbabwe National Chamber of Commerce warned that escalating tensions in the Middle East could pose risks to the country's gold exports, which are primarily destined for the United Arab Emirates. #Zimbabwe#GoldTrade#MiddleEastTensions#Finance#Exports#Economy#XAUT

🚀 PRECIOUS METALS | XAUt0 Dominates Byreal Trading Volume XAUt0 has emerged as a leading platform for trading gold on the blockchain, with its trading volume surpassing $1.8 million in the past 24 hours on Byreal. According to Foresight News, the platform's market share exceeded 45%, temporarily outpacing competitors Hyperliquid and Orca in the process. #PRECIOUSMETALS#XAUt0#gold#blockchain#Byreal#tradingvolume#marketshare#ForesightNews#Hyperliquid#Orca#XAUT