# crypto
Latest news and articles about crypto
Total: 2 articles found
Safe Haven No More: Silver’s 36% Flash Crash Triggers $142m Tokenised-Futures Bloodbath in Crypto Markets
A 36% intra‑day slide in spot silver on 31 January triggered a cross‑market cascade that led to roughly $544 million of crypto liquidations in 24 hours. Tokenised silver futures were the largest single source of losses, underscoring how 24/7 trading, high leverage and thin liquidity can turn a traditional safe‑haven asset into a crypto‑market ‘‘bomb’’.
Tether’s Quiet Gold Grab: Crypto Firm Eyes a Central‑Bank‑Like Role in the Bull Market
Tether has been buying physical gold at a rate reportedly exceeding one tonne per week, positioning itself as one of the largest private holders of bullion and signaling an ambition to operate like a central bank in the gold market. CEO Paolo Ardoino says the company will keep reinvesting profits into gold and compete with banks on bullion trading, while warning that geopolitical rivals may pursue gold‑backed currency alternatives.