Bithumb Lists Tether Gold (XAUT), Unlocking New Era for South Korean Crypto Investors
- Market Innovation: Bithumb's listing of Tether Gold (XAUT) on March 21, 2025, allows South Korean investors to trade directly in KRW, marking a significant integration of the crypto market with physical gold and providing a compliant, asset-backed digital investment option.
- Enhanced Investment Accessibility: Each XAUT token is backed by one ounce of gold, lowering the barriers to gold investment and eliminating the complexities associated with traditional physical gold purchases and storage, thereby attracting more investors seeking stable assets.
- Regulatory Compliance Strengthened: The listing aligns with South Korea's stringent financial regulatory framework, as Bithumb enhances its reputation as a trustworthy platform by offering audited assets, which builds greater trust among users and regulators alike.
- Market Dynamics Shift: The introduction of XAUT adds a significant commodity token to KRW trading pairs, potentially stabilizing trading volumes during periods of extreme volatility, thus promoting the integration of the crypto ecosystem with traditional finance.
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Technical Analysis for XAUt
Technical Sentiment Analysis for Tether Gold (XAUt) As of , Tether Gold (XAUt) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XAUt stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XAUt is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Tether Gold (XAUt) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3843.854 | 4135.162 | 4504.534 | 4795.842 | 5165.214 | 5456.522 | 5825.894 |
| Fibonacci | 4135.162 | 4387.542 | 4543.462 | 4795.842 | 5048.222 | 5204.142 | 5456.522 |
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