Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
BlackRock’s BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton’s
BlackRock’s first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.
Tokenized Asset Issuer Backed Raises $9.5M as Crypto’s RWA Race Heats Up
The fundraising will help accelerate Backed’s private tokenization offering and onboard asset managers to blockchains, the company said.
Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut
Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.
Tether Buys $200M Majority Stake in Brain-Computer Interface Company Blackrock Neurotech
The investment will fund the roll-out and commercialization of the company’s medical devices.
Bitcoin Chops Around $64K, With Japanese Yen’s Tumble Maybe Signaling ‘Currency Turmoil,’ Analyst Says
The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.
Mt. Gox’s Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Shiba Inu Fetches $12M Investment in a Token Sale to Build Privacy-Focused Blockchain
The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.
Bitcoin Whales Bought $1.2B BTC Amid the Price Dip, Fueling the Quick Rebound
Large bitcoin investors substantially increased their holdings as prices dipped below $60,000 in early Friday’s panicky action on the crypto markets ahead of the asset’s much-anticipated halving event.
Tether Is Expanding Its USDT Stablecoin to TON Network, Transparency Page Shows
The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.
Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble Integration
Introducing Ondo Finance’s offerings to Cosmos “will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments,” Ondo’s founder Nathan Allman said.
Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist
Large bitcoin investors haven’t started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.
Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase’s Base, Raises $15M in VC Investment
CFG, the protocol’s native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.
Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but “few understand how normal corrections like these are in bull markets,” one observer noted.
Max Boonen’s PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate Bonds
The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Investors may expect market weakness due to the tax season, Ryze Labs said in a report.
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock’s BUIDL fund for USDC stablecoins.
Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event
Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows.