“If we don’t have a euro on the blockchain, the banks will use the dollar because it’s there, it’s available and it has a lot of liquidity,” Sell told CoinDesk. Rather than each bank issuing its own euro stablecoin, Qivalis is encouraging them to work… Read More
Barstool Sports founder Dave Portnoy said this week that he will hold his bitcoin BTC$62,728.82 all the way down to zero if necessary, while admitting his struggle with timing the market. “I’m holding. I’ll hold this thing down to zero,” Portnoy told FOX Business’ Stuart… Read More
NYLIM was the latest entrant to the list of asset management giants making moves in tokenization, teaming up with Centrifuge (CFG) to bring one of its high-yield corporate bond strategies onchain. For NYLIM, tokenization is less about launching blockchain versions of existing funds than improving… Read More
Bitcoin’s BTC$63,092.39 lackluster performance this year has puzzled investors. Despite record highs in equities, the world’s largest cryptocurrency has struggled to regain momentum while U.S. technology stocks have surged on enthusiasm surrounding AI as it currently trades just below the $62,000 mark, down over 50%… Read More
XRP holders are underwater by more, on average, than they have ever been, according to onchain data that some traders treat as a contrarian floor signal. The reading comes from MVRV, or market value to realized value, a ratio that compares XRP’s price with the… Read More
Large bitcoin holders bought more than 270,000 bitcoin BTC$62,601.89 ($16.7 billion) over the past two weeks, stepping in as U.S. institutions pulled money out at a record pace. U.S. spot bitcoin exchange-traded funds (ETFs) shed $4.06 billion in June, their worst month since listing, past… Read More
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