Tokenized stocks are under pressure to attract long-term holders as perpetual contracts dominate the trading landscape. Recently, perpetual contracts cleared more than $39 billion in just 30 days, highlighting their appeal to traders. This trend raises questions about the future viability of tokenized stocks, especially as they struggle to gain traction among longer-term investors. For
Tether’s XAUT, a tokenized gold asset, has recently reached 79,300 holders on the BNB Chain, marking a remarkable increase of nearly 29 times over the past three months. This surge, reported by CryptoTwitter commentator @tokenterminal, underscores the growing popularity of asset-backed tokens. As the market continues to evolve, such developments could signal a shift in
Bitcoin broke out of the $82,500–$85,700 range where it had been stuck for about a week, rising to $86,913. This level marks the highest price $BTC has seen since September 23rd. Bitcoin has thus risen by approximately 14.6% from its low of $74,968 reached on September 15th. QCP Capital noted that the rise was supported
Nvidia’s share price pushed to a fresh all-time high of $236.57 this week, extending a rally that has turned the chipmaker into one of the standout stories of the current market cycle. The move puts Nvidia stock performance back in the spotlight just as Wall Street weighs how much further the AI-driven run can go,
Bitcoin whale stablecoin inflows to Binance have climbed more than 40% in just over a month, pushing the 30-day cumulative total to $30.5 billion while $BTC trades around $84,700. CryptoQuant contributor Darkfost wrote on Oct. 2 that the measure tracks stablecoin deposits worth more than $1 million entering Binance. The rolling total has increased from
Bitcoin reclaimed $85,000 on October 2 before the United States released its September employment report. The rally arrived with reports of short positions closing and a softer dollar, but a trader buying back a losing short is not the same investor as one adding bitcoin for months. The distinction will matter after the 8:30 a.m.
Cross-chain protocol THORChain has activated a liquidity pool for Zcash ($ZEC). All network validators successfully synced with the Zcash blockchain after a scheduled network churn. The main result of the release is the launch of the first decentralized platform for direct, permissionless swaps between Bitcoin ($BTC) and the native $ZEC token, without intermediaries, KYC, or
JPMorgan opened the doors of its new headquarters this week for an ETF symposium that put the bank’s crypto ambitions on full display, and the timing says as much as the venue itself. At a moment when the broader crypto market is sending mixed signals across major tokens, one of Wall Street’s biggest institutions chose
Nearly three-quarters of major UK financial institutions expect tokenization to reshape financial services, as banks and asset managers increasingly explore blockchain-based infrastructure for payments, settlement and liquidity management. The finding comes from an annual survey by Lloyds Banking Group, the UK’s largest financial services provider, which polled 100 senior decision-makers across major UK banks, insurers,
Strategy’s Bitcoin credit calculator produced an illustrative STRC price of $210.90 on Oct. 2, while displaying a market-price input of $99.50 for the perpetual preferred stock. The issuer also retains the option to redeem shares at $101, or a higher amount it chooses, plus applicable unpaid dividends. That gap exposes the limits of the calculation.