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Cryptocurrency News Articles
PAX Gold (PAXG) : Reinventing Gold on the Blockchain
May 06, 2025 at 07:47 pm
In the ever-shifting landscape of 2025, macroeconomic trends have taken a decisive turn. As inflation continues to simmer, and geopolitical tensions escalate, investors are naturally drawn toward assets known for stability.
Enter gold, an asset that has seen impressive gains this year, smashing records with an increase of over 28% since January. In a world increasingly digitized, one might wonder why limit oneself to physical gold?
PAX Gold (PAXG), a gold-backed token, offers a modern alternative, combining the stability of gold with the ease of transfer and flexibility of crypto—a vision Bitcoiners have been advocating for years.
Gold: An Unwavering Asset Amid Market Turbulence
As cryptocurrencies like Bitcoin struggle to regain momentum after a period of stasis, another asset class is making headlines—gold.
The yellow metal has seen impressive gains in 2025, boasting a 7.5% rise in April alone. This performance is explained by a mix of factors, including:
• Soaring inflation, which has pushed up the consumer price index (CPI) by 4.9%—above estimates for a 4.8% increase and following a 4.0% rise in March.
• The Russia-Ukraine war, which has had a significant impact on global markets.
• }Gold is now in an impressive and dizzying “bullish pennant.” If gold continues its rise, it could reach $3,700 per ounce by May 16th. This would represent a new increase of over 10% from its current price.
In other words, gold is still far ahead of Bitcoin and remains the preferred safe-haven currency for investors.
PAX Gold (PAXG): A Glimpse into Tokenized Bullion
PAX Gold (PAXG), issued by Paxos Trust Company, is a gold token that is fully backed by one fine troy ounce of gold, which is stored in secure vaults by Brink’s. The token is also audited monthly, with reports available on the Ethereum blockchain (ERC-20 token).
Why Choose PAXG ?
PAXG, launched in 2019, is a gold-backed token that has become increasingly popular among investors looking for a way to diversify their portfolios.
In 2025, PAXG follows the rise of gold, with a minimal premium linked to storage fees but offers unparalleled ease of use compared to traditional bullions or ETFs. Technical Analysis: PAXG, a Stable Asset with Potential
PAXG, being gold-backed, exhibits much lower volatility than traditional cryptos. However, a technical analysis reveals key points:
If the bullish pennant of gold breaks, gold could retest its demand zone at $2,750, also the Fibonacci Bollinger Band daily midline.
For now, with stagflation fears and Bitcoin and SP500 at a standstill, gold (and hence PAXG) still have at least a few days or weeks of upside potential.
How to Invest in PAXG via Bitget?
Bitget, an exchange platform known for its user interface and diverse services, is an ideal choice for investing in PAXG. Here’s a guide:
1. Sign up for a Bitget account.
2. Complete KYC verification.
3. Choose your preferred fiat currency and select the relevant channel for funding your Bitget account.
4. Search for PAXG on Bitget and select the amount you wish to invest.
5. Finally, click on ‘buy.’
Tip: Activate PAXG staking on Bitget for an annual return of 2-3%, a rare option for a gold-backed asset.
A Final Note on Opportunities and Risks
Opportunities:
• Diversify investment portfolio with valuable addition.
• Benefit from any future increase in gold price.
• Easily buy, sell, and store PAXG on Bitget.
• No minimum investment amount required.
Risks :
• PAX Gold is a new asset, so there is inherent risk.
• Despite low volatility, price fluctuations are possible due to external factors (e.g., inflation).
• Bitget charges a small fee for buying/selling PAXG.
Gold is shining in 2025 as a hedge against uncertainty, and PAX Gold (PAXG) makes this age-old asset more accessible than ever. By combining the security of physical gold with the fluidity of the blockchain, PAXG emerges as a strategic option for investors seeking stability and innovation.
Whether you are a novice or seasoned investor, platforms like Bitget ease your entry into this ecosystem. However, weigh the fees and risks before diving in.
Is tokenized gold the future? The decision is yours, but 2025 seems to be the year to explore this revolution.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Bitcoin's MVRV Ratio Reaches Key Support Level at 1.74 — Is a Consolidation Phase Underway?
- Jun 08, 2025 at 07:30 pm
- BTC has retraced to a critical on-chain valuation level as its MVRV Ratio returns to its long-term mean of 1.74, according to new data from Glassnode. By Rakesh.output: MVRV(x) Reaches Key Support Level of 1.74 — Is a Consolidation Phase Underway?
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- As institutional interest in crypto continues to rise in 2025, Solana has emerged as one of the top contenders for a spot ETF listing in the United States.
- Jun 08, 2025 at 07:20 pm
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