“When Larry Fink says all stocks, bonds, and real estate can be tokenized, believe him,” said crypto asset manager Bitwise on Wednesday. The comment in reference to the BlackRock boss came alongside a chart showing that real-world asset (RWA) onchain value had surged to an all-time high of just under $25 billion. More recent data…
TL;DR Pi Network has integrated TransFi as a KYB-verified fiat on-ramp provider, allowing users in over 70 countries to buy and convert PI tokens using local payment methods. Recently, the team extended the .pi domain auction until the end of September, enabling Pioneers to personalize their wallets. More Options for PI Traders Pi News –…
TL;DR Around 120,000 BTC were bought during the recovery from $112K to $114K, showing buyer interest. Long-term holders locked in $44 million profit during the price bounce, signaling cautious selling. US liquidity growth and rate cut expectations may support altcoins if current trends continue. Buyers Enter Near 112K Roughly 120,000 BTC were bought as Bitcoin…
Binance, the largest cryptocurrency exchange, has released its 33rd Proof of Reserves report. It highlights a significant divergence in the customer’s holdings of Bitcoin (BTC) and Ethereum (ETH). According to the report, users’ net Bitcoin balances increased in July. In contrast, Ethereum holdings on the exchange saw a notable decline. Ethereum on the Decline, Bitcoin…
Stellar’s XLM looks poised for a bullish breakout this month, with technical indicators flashing green. The altcoin has formed a classic bull flag pattern on the daily chart, a trend often preceding an extended upward move. If the setup holds, XLM could be on track for a move toward the $0.67 mark. XLM Prepares for…
Expectations that the US Federal Reserve (Fed) will cut interest rates in September have been rising recently. While most forecasts interpret this as a positive sign for the stock and crypto markets, history tells a different story. Historically, Fed rate cuts often signal the beginning of economic recessions—a trend observed over multiple decades. A Fed…
The stablecoin sector achieved another milestone in July, with total market capitalization reaching a new all-time high of $261B, representing a 4.87% monthly increase. This achievement extends an unprecedented twenty-two consecutive months of growth for the stablecoin market. $1.60T Trading Volume Powers July’s Stablecoin Market Growth According to the latest Stablecoins & CBDCs Report from…
Cosmos Health Inc, a diversified global healthcare group, has secured up to $300 million in financing to launch an Ethereum treasury reserve strategy. According to an official press release, the healthcare company entered into a securities purchase agreement with a U.S.-based institutional investor for senior secured convertible promissory notes, marking its entry into corporate cryptocurrency…
James Howells, the British man who famously lost access to 8,000 Bitcoin in a 2013 landfill accident, is setting the record straight. Taking to X (formerly Twitter), Howells pushed back against recent social media claims that he has abandoned his search. He firmly denied the rumors and revealed a new strategy to reclaim his lost…
Cryptocurrency exchange Bitget has introduced a new conversion payout feature designed to simplify the process of off-ramping digital assets. The service enables users to convert cryptocurrencies such as Bitcoin and Ethereum into fiat currency and deposit the funds directly to their Visa or Mastercard accounts. This development aims to minimize the delays and complications often…