Plume, the real-world asset (RWA) focused blockchain, has gone a step further toward institutional readiness: native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP) V2 are now live on the network, opening a direct, regulated dollar corridor for tokenized assets and cross-chain settlement. Plume bills itself as a purpose-built RWA chain with fast finality and full
A key technical indicator for Bitcoin has squeezed to its tightest ever level amid low volatility, which analysts say usually precedes a large breakout and volatility spike. “Bitcoin’s weekly Bollinger Bands are now the tightest in history,” the popular crypto analyst “Mr. Anderson” wrote to X on Tuesday, noting the technical indicator, which shows volatility
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the rising adoption process of stablecoins in Bolivia and how the government should embrace them for cross-border settlements. Latam Insights Encore: Bolivia’s Stablecoin Adoption Will Keep Growing – The
Key Takeaways NVIDIA director Mark A. Stevens sold 350,000 company shares at $176.39 each, totaling about $61.7 million. Stevens has sold over $400 million worth of NVIDIA stock in 2024. NVIDIA director Mark A. Stevens sold 350,000 shares at $176.39 each, according to an SEC filing disclosed today. The transaction, valued at approximately $61.7 million,
The cryptocurrency landscape is rapidly evolving, attracting increasing interest from institutional players. A significant development in this space is the official launch of River Prime Vault, a groundbreaking investment product from stablecoin abstraction platform River (RIVER). This innovative offering is specifically designed to meet the sophisticated needs of institutional investors, promising a new era for
Circle stock remains in a deep bear market this month. The stock has crashed amid valuation and interest rate cut concerns. Tether is raising capital at a $500 billion valuation. Circle stock price remains under pressure this month as investors assess the impact of the Federal Reserve’s interest rate cuts that will impact its revenue.
The Royal Government of Bhutan has moved another large batch of Bitcoin. They are continuing their pattern of active wallet management. On September 24, blockchain data showed the country’s state-owned investment arm. Druk Holding and Investments (DHI) transferred 419.5 BTC valued at $47.23 million to a new wallet. Despite this outflow, Bhutan still holds 9,232
Japanese investment firm Merchant Bankers (MBK Co.,Ltd) announced on September 22 a Bitcoin-based real estate settlement service intended to facilitate cross-border property payments for overseas investors. Trading resumed on September 24 after a national holiday, with the stock rising from ¥278 to a peak of ¥319 intraday before closing at ¥281, reflecting investor attention to
The world of digital assets is dynamic, but sometimes this dynamism can lead to concerning trends. Imagine discovering that a massive 80% of illegal foreign exchange transactions in a major economy like South Korea were driven by cryptocurrency activities. This isn’t just a hypothetical scenario; it’s the startling reality revealed over the last five years,
Binance founder Changpeng “CZ” Zhao has dismissed as false a Financial Times report claiming that his family office, YZi Labs, was considering raising capital from external investors. Zhao said in a social media post that the firm, valued at about $10 billion, remains a private vehicle for his wealth and has no plans to open