PDAXScope: HYPE rallies, gold nears $5.6K, Tether stash

HYPE rallies 60% on staking flows and balance-sheet buying — but can it last? (Cointelegraph)

Hyperliquid’s token HYPE has recently attracted a lot of trader interest, sending price and activity higher, surging 60% to $34.90, climbing from $21.80 just two days prior, as reported by CoinTelegraph. The spike comes after reports of a publicly listed company focused on digital asset reserves adding HYPE to its balance sheet. However, experts note that it’s still early to say whether this momentum will last long-term. 

Why is gold price nearing $5,600 and silver price around $120 mark? Here's if gold and silver may rise further and what should investors do (The Economic Times)

Gold is nearing $5,600 per ounce and silver is around $120, largely because investors are seeking safe-haven assets amid global economic uncertainty and trade-war fears, according to The Economic Times. A weaker U.S. dollar also makes precious metals more attractive, since lower dollar value often pushes gold and silver prices higher. Analysts reportedly state that if economic risks continue, demand for these traditional safe assets may stay strong, potentially keeping prices elevated.

Tether Will Keep Adding to $24 Billion Gold Stash Held in Former Nuclear Bunker, Says CEO (Decrypt)

Tether has continued adding to its gold reserves, bringing its total stash to around $24 billion, held in a former nuclear bunker in Switzerland, as reported by Decrypt. Tether CEO Paolo Ardoino states that this reflects the company’s effort to back its assets with physical gold, highlighting growing interest in linking crypto-related products with traditional hard assets.

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