Andrew Cuomo advocates for the tokenization of American securities, suggesting that this could modernize market infrastructure and enhance the US’s position in global finance. His remarks, shared via a tweet from OKX, emphasize the need for trusted access to these markets, signaling a potential shift in how securities are managed. The implications could be significant,
BlackRock’s spot Ethereum ($ETH) ETF recorded nearly $500 million in net outflows over the five trading sessions ending October 9. The outflows from BlackRock’s iShares Ethereum Trust (NASDAQ: ETHA) accounted for most of the $542.2 million withdrawn from U.S. spot Ethereum ETFs over the same period, indicating sustained selling pressure across regulated investment products tracking
Bitcoin’s next recovery could vindicate your investment thesis but leave your leveraged fund deep in the red, because the fund’s daily reset can make waiting a pretty expensive habit. Getting Bitcoin right and actually making money on Bitcoin are becoming two different skills, especially now that Wall Street is preparing products for people who don’t
The crypto market is once again gearing up to enter a crucial week, with a flurry of macroeconomic developments in focus. For context, the US CPI and PPI inflation data are scheduled for next week, which would provide insights into the potential next move of the US Federal Reserve. Know when yourcoins moveAlerts, real-time prices,
U.S. crypto ETFs tracked across Farside Investors’ Bitcoin, Ethereum, Solana, Hyperliquid and Zcash tables recorded combined net outflows of $1.29 billion during Oct. 5–9, with Bitcoin and Ether funds accounting for most withdrawals. Farside Investors’ daily figures put combined Bitcoin and Ethereum ETF withdrawals at $1.22 billion for the five trading sessions. The other three
Crypto and Web3 funding announcements totaled $380.51 million across 16 disclosed transactions from Oct. 3–9, led by matching $90 million rounds for Spiko and Nous Research. Mecka followed with a $60 million Series B, while Bitcoin life insurer Meanwhile secured $37.5 million. The broader funding tally includes AI companies tracked by crypto funding databases and
Evernorth has completed its merger with Armada Acquisition Corp. II, preparing to enter Nasdaq with 473 million $XRP and $300 million in gross cash proceeds. Through this transaction, the company aims to expand institutional services and infrastructure across the $XRP ecosystem. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app
The Fed can stop raising rates before inflation reaches 2% if officials believe the economy’s already heading there without another increase. September’s meeting left most unconvinced, with strong spending and persistent price increases outweighing the strain expensive borrowing was putting on parts of the economy. The minutes released Oct. 7 explain the thinking behind that
Tokenized commodities could grow from a market dominated by gold into a broader system for financing metals, trading energy and borrowing against physical assets, according to executives at Paxos Labs, Theo and Energy Substantiation. Putting commodities on blockchain networks should do more than make them easier to buy, the executives say. It could connect investors
Barron’s, a leading financial publication, is running a cover story on tokenization, highlighting its potential to revolutionize traditional finance. The article emphasizes that crypto technology is moving from the fringes toward the center of finance, suggesting a significant evolution in how financial markets operate. This represents a critical moment for investors and stakeholders as they