USDT gold and silver options expand crypto’s push into commodity markets

The newest gold derivatives on the market do not settle in dollars; they settle in Tether. Binance listed European-style gold and silver options on July 29, cash-settled in USDT through its ADGM-regulated Nest Exchange, the exchange said, following the USDT-settled metals perpetuals it introduced in January. “We’ve seen strong demand for our commodity perpetuals since introducing them earlier this year, and …

Continue Reading

Indonesia’s nickel, cobalt reserves valued at US$800 billion

The National Economic Council (DEN) outlined that the total value of Indonesia’s nickel and cobalt reserves is approximately US$800 billion. A member of DEN’s Mining and Minerals Expert Team, Nataneil Adhynagara Horansil, stated that this value is based on Indonesia’s nickel reserves of 52 million tons and cobalt reserves of 1.2 million tons. “If we estimate the value using the …

Continue Reading

US Department of Energy awards $10M for critical minerals R&D

The U.S. Department of Energy’s (DOE) Office of Critical Minerals and Energy Innovation awarded $10 million on Wednesday to seven projects that it said will accelerate the early-stage technology research and development necessary to more efficiently recover and refine critical materials required for energy technologies.  Led by the Critical Materials Innovation Hub (CMI Hub), the projects will focus on rare earth …

Continue Reading

Recent Comments

No comments to show.

Categories