The Wolf Of All Streets Bitcoin Shows Life; Tether Hoards Gold. #CryptoTownHall
Jan 28, 2026
Dave Weisberger, serial crypto entrepreneur and commentator, offers market analysis on Bitcoin, metals, and regulation. Ian Weisberger, markets practitioner, discusses trading demand for tokenized metals and offshore flows. Mike Cagney, founder of Figure, explains tokenizing real-world assets and Democratize Prime. They cover Bitcoin’s stall, gold and silver rallies, Tether’s gold buys, tokenized metals, cross-margining, and RWA tokenization.
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Tether Allocates Reserves Into Gold
- Tether is shifting reserves toward gold because it expects marginal returns on gold to outpace certain treasuries.
- That allocation signals crypto capital can rotate into tokenized metals as a yield and safety play.
Asia Drives Precious Metals Demand
- China’s historic cultural preference for silver and recent guidance affects global metal demand and price dynamics.
- That physical demand from Asia helps explain current strong rallies in gold and silver.
Higher Reserves Fuel Metal Volatility
- Raising CME reserve requirements can increase volatility by making hedging more expensive for market makers.
- That reduced hedging capacity can exacerbate price moves and mimic meme-stock-style dynamics.