A senior Kucoin executive says institutional adoption is the key driver behind the rapid growth of the tokenized real-world asset (RWA) market. The executive believes the recently passed GENIUS Act could double the RWA market cap to $50 billion by year-end. Institutional Adoption: The Primary Catalyst According to Tika Lum, head of global business development
Bitcoin ETFs saw a $751 million net outflow in August, a first-ever event. Ethereum ETFs absorbed a massive $3.9 billion in net inflows in August. BTC’s price has fallen below key short-term holder cost basis levels. A stunning and unprecedented reversal has rattled the very foundations of the cryptocurrency market. For the first time since
Cryptocurrency investment products attracted renewed inflows last week, offsetting the prior week’s $1.4 billion outflows. Crypto exchange-traded products (ETPs) logged $2.48 billion in inflows last week, data from CoinShares showed Monday. Despite inflows, Bitcoin (BTC) struggled in terms of market price, slipping under $108,000 after briefly trading above $113,000 earlier in the week, according to
The Trump administration is reportedly looking at a postwar plan for Gaza that proposes using tokenized land and digital tokens to relocate and rehouse residents under a potential US takeover. The Washington Post reported on Sunday that a 38-page prospectus for a post-war Gaza, called the Gaza Reconstitution, Economic Acceleration and Transformation Trust (GREAT Trust),
The Trump family has pulled off a crypto deal worth more than $500 million, with their own companies sitting on both ends of the transaction. According to The Wall Street Journal, the former real estate dynasty now makes most of its money from crypto. At the center of the operation is World Liberty Financial, the
Robert Kiyosaki, author of Rich Dad Poor Dad, has issued one of his starkest economic warnings yet. The renowned investor declared that “Europe is toast” as bond markets collapse and political unrest spreads. His grim outlook was amplified by Bitcoin (BTC) evangelist Max Keiser, who urged investors to move wealth into the pioneer crypto and
A large number of cryptocurrency exchange-traded funds (ETFs) are expected to launch in the US this fall. While experts say this could be a significant turning point in digital asset access for both institutional and individual investors, there are also warnings that many products will fail. “The flood of crypto ETFs will begin this fall,
Story Highlights Korean retail investors have poured over $12 billion into U.S. crypto-related stocks. Despite sharp price declines, Korean buyers continue aggressively accumulating Bitmine, Circle, and Coinbase. Despite analysts caution signs of fatigue as Circle and KakaoPay stocks face sharp corrections. Korean retail investors, known for their strong appetite for cryptocurrencies, are now turning their