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About PAX Gold
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PAX Gold
About PAX Gold
PAX Gold (PAXG) is a cryptocurrency and operates on the Ethereum platform. PAX Gold has a current supply of 202,381.004. The last known price of PAX Gold is 2,785.58895358 USD and is down -1.64 over the last 24 hours. It is currently trading on 188 active market(s) with $103,897,181.30 traded over the last 24 hours. More information can be found at https://www.paxos.com/paxgold/.
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PAX Gold Markets
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PAX Gold latest News
Keep up with what's happening in the crypto world in real-time.
Deribit Eyes Growth In Asset-Backed Crypto With Pax Gold Debut
Crypto derivatives exchange Deribit is building on the success of its recent addition, Pax Gold, as it explores expanding into asset-backed crypto products. Within its first week, PAXG trading on Deribit exceeded $250 million in notional value, signaling strong interest in gold-backed tokens among traders, according to company executives.
Paxos Gold's $500 million milestone highlights increasing TradFi interest in gold-backed crypto
The steady growth of PAXG highlights a growing trend: TradFi investors are increasingly looking for ways to dip their toes into the crypto water.
PAX Gold (PAXG) remains resilient above $2,390 amid Bitcoin and Ethereum dip
As major cryptocurrencies experience a slight downturn, PAX Gold (PAXG) has managed to maintain its value above $2,390. This stability comes as Bitcoin (BTC) and Ethereum (ETH) face declines, reflecting a broader market trend. On Tuesday, Bitcoin, which had surged to over $68,000 earlier in the week, fell to approximately $66,000 by 2:20 PM ET.
Gold-backed stablecoin market is still a niche subsector
The gold-backed stablecoin market is still a pretty niche subsector, despite the recent popularity of gold in the broader market.
Geopolitical tensions prompt record high for PAX Gold as Bitcoin faces sharp decline
PAX Gold is a digital coin equivalent to physical gold valued at $2,855 in April. While gold is usually thought of as digital gold went high while, Bitcoin, the cryptocurrency, saw a new price decline in an instant, in terms of the overall decline of the value of Bitcoin.
PAXG hit new high on Middle East tensions, raising questions about Bitcoin
Tensions in the Middle East ramped up over the weekend following an Iranian drone and missile attack, which saw the price of PAX Gold and Bitcoin reacting very differently.
