Tether, gold, and the invisible vault: the secret $8bn strategy – Crypto review
Tether, the issuer of USDT, is no longer content to play on digital markets. It is hoarding, both secretly and physically nearly 80 tons of gold-worth $8bn-are now stored in a top-secret Swiss bunker owned by the company itself. We discuss this in the Cryptic Analysis, after this week’s main news headlines.
Block 1: Main news
Truth Social wants to launch a “Crypto Blue Chip” ETF combining Bitcoin, Ethereum and Solana
After already applying for two crypto ETFs, Truth Social, the platform linked to Donald Trump, has filed a new application with the SEC for a “Crypto Blue Chip” ETF. It would be composed of 70% Bitcoin (BTC), 15% Ether (ETH), 8% Solana (SOL), 5% Cronos (CRO) and 2% XRP (XRP). The fund is…
