Jismil Latief

Tether Launches Omnichain Gold Stablecoin on Tron Blockchain

Tether has launched an omnichain gold stablecoin (XAUt0) on the Tron blockchain to expand tokens across the ecosystem. The token is built on the Omnichain Fungible Token standard from LayerZero, which allows for transfers across blockchains without a middlechain.

The issuer of USDT has more than 7.7 tons of physical gold backing the XAUt stablecoin per quarter by the year 2025. Each XAUt token represents one troy ounce of gold stored in a Swiss vault.

XAUt0 can mimic the launch of USDT0 (USDT0), a token that bridges USDT with the company's dollar-backed stablecoin. The difference is that XAUt is launched on the Ethereum blockchain.
Currently, the largest gold stablecoin is held by XAUt, the non-omnichain gold-pegged stablecoin from Tether, with a market capitalization of US$832 million. Followed by Pax Gold from Paxos with a market capitalization of US$811 million.#XAUt0

📈 Market rebound refers to a significant increase in stock prices or market indices after a period of decline or stagnation. Recently, there have been signs of market rebound in various regions.

🏅Recent Market Performance:

💓 S&P 500: The S&P 500 index pushed off support at the 200-day simple moving average and is higher by more than 1% recently, indicating a potential rebound. As of June 2, 2025, the S&P 500 index was at 5917.00, with a percent change of -0.39%.

💓 Nasdaq: The Nasdaq index also showed signs of rebound, with a current price of 21423.60 and a percent change of -0.43% as of June 2, 2025.

💓 Asian Markets: Malaysian equities rebounded on Tuesday following an extended weekend, although the market is expected to remain in consolidation mode. Japan's Nikkei 225 and Topix also showed signs of rebound, led by industrial and technology stocks.

🏅Factors Influencing Market Rebound:

💓 Strength in Chip Stocks: Strength in chip stocks led the broader market higher, with energy producers rallying after the price of WTI crude rose more than 2% to a 1-1/2 week high.

💓Global Developments: Industrial and technology stocks led the rebound in Japan, with notable gains from Mitsubishi Heavy and Kawasaki.

💓 Trade Relations: Despite escalating US-China trade tensions, some stock indexes have rebounded, with markets discounting the chances of a rate cut. . . !!! #MarketRebound

🇺🇸📈 The American market has shown signs of rebound, with stocks holding ground despite shifting trade tides. Here are some key points to consider :

💓 S&P 500 Performance : The S&P 500 index pushed off support at the 200-day simple moving average (SMA) and is higher by more than 1% recently, indicating a potential rebound.

💓 Trade Relations : Trade relations between the US and China remain a key focus, with President Trump accusing China of violating trade agreements. However, markets appear to be taking this in stride, with a more muted reaction compared to last month.

💓 Economic Data : Economic data has been largely positive, with a cooler-than-expected Personal Consumption Expenditures (PCE) report and improved consumer confidence. The Atlanta Fed's GDPNow forecast for Q2 GDP was revised up to +3.8% from +2.2%.

💓 Market Outlook : Analysts forecast a "Neutral to Slightly Bearish" outlook for the next week, driven by continued consolidation of recent gains. The Federal Reserve's Federal Open Market Committee (FOMC) meeting next week may also impact market sentiment.

Some key market-moving catalysts to watch include :

🏅Economic Indicators :
- Factory Orders (June 3)
- ADP Employment Change, ISM Services, and MBA Mortgage Applications Index (June 4)
- Nonfarm Payrolls and Unemployment Rate (June 6)

🏅Earnings Reports:
- Ferguson Enterprises, Dollar General, NIO, and CrowdStrike Holdings (June 3)
- Dollar Tree, Webster Financial, and MongoDB (June 4)
- Broadcom, Lululemon Athletica, and Rubrik (June 5)

In terms of current market numbers, here are some recent figures :

- S&P 500 Index : 5917.20 (current price), -0.39% (percent change)
- Nasdaq Index : 21427.20 (current price), -0.42% (percent change) #MarketRebound

📈 Trading types or types of trading refer to various methods and strategies used in trading cryptocurrencies, stocks, or other assets. Here are some common types of trading:

💓. Day Trading: A trading strategy that involves buying and selling assets in a short period, usually within a day, to take advantage of price fluctuations.
💓. Swing Trading: A trading strategy that involves buying and selling assets over a period of several days or weeks, to capitalize on larger price movements.
💓. Scalping: A trading strategy that involves buying and selling assets in a very short time, usually within minutes or seconds, to take advantage of small price fluctuations.
💓. Position Trading: A trading strategy that involves buying and selling assets over a long period, usually several months or years, to benefit from larger price movements.
💓. Arbitrage: A trading strategy that involves buying assets in one market and selling them in another, to take advantage of price differences between the two markets.
💓. Range Trading: A trading strategy that involves buying and selling assets within a specific price range, to take advantage of recurring price movements.
💓. Trend Following: A trading strategy that involves buying assets in an upward trend and selling assets in a downward trend.

Each type of trading has its advantages and disadvantages, and requires different levels of knowledge and experience. It is important to understand the type of trading that aligns with your goals and risk profile before starting trading.....!!! #TradingTypes101

CEX (Centralized Exchange) and DEX (Decentralized Exchange) are two types of cryptocurrency exchange platforms that differ in how they operate and manage transactions. Here are the simple differences between CEX and DEX:

🏅CEX (Centralized Exchange)*

💓 Managed by a third party*: CEX is managed by a company or organization that acts as an intermediary between buyers and sellers of cryptocurrencies.

💓 Fund storage: User funds are stored on the CEX platform, which means users do not have direct control over their funds.

💓 Centralized transactions: Transactions are carried out through the CEX platform, which means that the platform has control over transactions and can block or restrict access to user funds.

💓 Easier to use: CEX usually has a more user-friendly interface and is easier to use, especially for new users.

🏅DEX (Decentralized Exchange)*

💓 Managed by the community*: DEX is managed by the community of users and there is no third party acting as an intermediary.

💓 Fund storage: User funds are stored in their private wallets, which means users have direct control over their funds.

💓 Decentralized transactions: Transactions are carried out directly between users, without the need for intermediaries.

💓 More complex: DEX can be more complex to use, especially for new users, as it requires knowledge of how to use cryptocurrency wallets and conduct transactions independently.

Overall, CEX is easier to use and more popular among new users, but DEX offers more control and security for more experienced users. . . !!!!

#CEXvsDEX101

There are several ways to get free tokens from Binance

💓 Referral Program: Binance offers a referral program that allows you to invite friends to join this platform using a personal referral code. Each time a referred user makes a transaction, you will receive a commission of 20% of their trading fees in the form of Binance Coin (BNB). You can also earn free crypto airdrops every week if you successfully invite friends to join.

💓 Sign-up Bonus: Binance occasionally offers a sign-up bonus for new users who register using a specific referral link. However, currently, Binance requires new users to make a deposit of $100 to receive a $5 bonus.

💓 Airdrops: Binance also offers free crypto airdrops to users who are active in the referral program or who meet certain criteria. You can get free tokens by participating in airdrops based on Binance Smart Token and selling them on decentralized exchanges like Pancakeswap.

💓 Gift Away: Binance often conducts gift away events in the form of free NFTs for users who are active on this platform. These NFTs can be sold for a decent price.

#binancerewards