Although Bitcoin (BTC) managed to surge past $122,000 over the weekend, nearing its all-time high, it slid 2.31% on Tuesday, August 12 ahead of the U.S. Consumer Price Index (CPI) release. Weighing in on the drop, leading on-chain analyst Ali Martinez noted that the asset tends to dip ahead of CPI and Producer Price Index
Digital Asset and a group of major financial firms have executed the first real-time, fully on-chain financing of U.S. Treasuries against USDC on the Canton Network. The repo trade, carried out on Tradeweb, settled atomically on a Saturday, sidestepping the weekday-only limitations of traditional settlement systems, according to a press release shared with CoinDesk on
The Smarter Web Company, a UK-based web design and Bitcoin treasure company, continues to grow its Bitcoin investments. The company announced that it has purchased an additional 295 BTC, paying £26.3 million (about $35.2 million) for them. The purchases were made at an average price of £89,000 ($119,412) per Bitcoin. The purchase follows the company’s
H100 Group AB has appointed Brian Brookshire as its new Head of Bitcoin Strategy. The move underscores the company’s commitment to advancing its Bitcoin treasury ambitions. Brookshire is a recognized specialist in Bitcoin treasury companies. He has invested in Bitcoin since shortly after MicroStrategy’s initial purchases. His professional background includes advising Fortune 500 clients on
Fold Holdings, Inc. (NASDAQ: FLD) has announced the launch of its Fold Bitcoin Gift Card on Giftcards.com, the largest digital gift card retailer in the U.S. This initiative aims to expand access to Bitcoin for millions of consumers in a familiar and user-friendly format. The Fold Bitcoin Gift Card is the only Bitcoin gift card
The tokenized stocks make up just 0.0003 percent of the worldwide equity. There are over 125 trillion public equity market assets in the world. By comparison, the tokenized equities remain valued at hundreds of millions only. One of the most popular hosts of such assets is BNB Chain. The total value locked (TVL) of tokenized
Cross-chain inflows have hit $182 million on Mayan Finance last week, according to new data released today by the cross-chain swap auction protocol. This figure indicates the surging popularity of Mayan Finance’s cross-chain capability and operational effectiveness. Cross-chain flows hit $182M on Mayan last week. ETH smashed $4K and led inflows for the third consecutive
Bitcoin is holding a bullish technical structure after completing a 5-wave impulse, according to XForce Global. The analyst now expects a short-term correction before the next leg higher. The analyst shared technical charts on X, showing Bitcoin completing a clean 5-wave impulse from the $112,000–$122,000 zone. As of this press, Bitcoin trades at $118,721, a