While the markets generally expect the FED to cut interest rates in September, the probability of a 25 basis point cut is priced in at 85%. US President Donald Trump is also pressuring Fed Chairman Jerome Powell to cut interest rates quickly, stating that they are late in reducing interest rates. At this point, FED
Tokenized institutional alternative funds (IAF) surged 47% in the last 30 days, reaching a total value of $1.74 billion, according to data from real-world asset (RWA) tokenization tracker RWA.xyz. The data showed that all protocols except Libre Capital had percentage increases in the last 30 days. Centrifuge led the growth, expanding its market cap by
Leading cryptocurrency Bitcoin (BTC) has been trading within a certain range after breaking a new record by exceeding $124,000 in mid-August. While the Fed was expected to cut interest rates for Bitcoin to rise, it never made the expected interest rate cut in June and July. At this point, interest rate cut hopes have been
China is reportedly exploring the possibility of using yuan stablecoins for oil transactions, a move that could significantly advance the international use of its currency. China National Petroleum Corporation (CNPC), one of the world’s largest energy companies, recently disclosed plans to begin a feasibility study on using stablecoins for cross-border settlements and payments. CNPC Mentions
American Bitcoin, the mining venture co-founded by Eric Trump and Donald Trump Jr., is preparing for a high-profile debut on Wall Street. It adds to the list of crypto-related firms going public in the US, riding on regulatory purview under the Trump administration. American Bitcoin’s IPO: Everything You Need to Know The firm, backed by
The Stablecoins Landscape in Latam report, issued by Bitso, recently revealed that institutional stablecoin adoption exploded in the region, with new use cases surging as these instruments emerge from the regulatory gray zone in countries such as Mexico and Argentina. Bitso Report Specifies Institutional Stablecoin Adoption Has More Than Doubled in Latin America Latin America
Changpeng Zhao (CZ), founder and former CEO of Binance, the world’s largest cryptocurrency exchange, made important statements about the cryptocurrency industry. Speaking at the BitcoinAsia event held in Hong Kong, CZ claimed that Bitcoin will eventually become the global reserve currency. Stating that he has personally witnessed the development of BTC from its first day
HONG KONG — Binance founder Changpeng “CZ” Zhao believes the convergence of equity markets and crypto is ushering in a new era for digital assets, one that expands access to institutional capital and broadens crypto’s global reach. But he cautions that the sector still faces significant risks, especially as it enters its first major bull