Real World Assets (RWAs) have reached a major milestone. Data from DefiLlama shows that the active market cap of RWAs has surpassed $15 billion for the first time. This figure reflects assets actively circulating in wallets and smart contracts rather than tokens that issuers hold or lock, highlighting genuine participation and on-chain engagement. The achievement
Banco Braza, one of Brazil’s major foreign exchange banks, has launched a new Brazilian Real-backed stablecoin called $BBRL on the Polygon blockchain. The token is fully backed 1:1 by the Brazilian Real and is designed to support faster and cheaper digital payments. With this move, Brazil takes another step toward linking traditional banking with blockchain
GD Culture Group (GDC) has received board approval to sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said. The board authorization allows management to decide when and how to carry out the bitcoin sales. GD Culture emphasized it’s not obligated to sell any set amount
Bitcoin correlation with U.S. equities has fallen to its weakest level since late 2022, according to market intelligence firm Santiment. In a recent post on X, the firm explained that Bitcoin has historically moved in tandem with the S&P 500. For instance, when interest rates were low and economic growth was strong, as in 2021
As the cryptocurrency market navigates a challenging period, Google Trends data shows a notable shift in crypto-related search behavior during the prolonged bear market. While price charts reflect a gloomy atmosphere, a new wave of interest is quietly forming. This trend could create a pivotal shift for the market’s next cycle. Diverging Retail Investor Sentiment
The market remains gripped by extreme fear. Many Bitcoin investors focus only on short-term price fluctuations and fixate on negative factors. As a result, they overlook strong underlying fundamentals. Although the price may be correcting, the following data reinforces the case for a recovery. Lightning Network Growth Despite a Sharp Bitcoin Price Decline Bitcoin’s price
GD Culture Group Limited, a Nasdaq-listed firm specializing in AI-driven digital human technology and livestreaming e-commerce, said Wednesday its board approved the potential sale or disposal of part of its 7,500 Bitcoin holdings to fund share repurchases. The disposition would support a $100 million buyback initiative disclosed on February 18. Proceeds will cover stock repurchases
MIAMI BEACH — Endowments are rethinking where they invest as they brace for weaker returns from traditional assets. At the iConnections conference on Tuesday, several chief investment officers said the playbook that drove gains over the past decade may not work as well in the next one. Equity valuations remain high, credit spreads are near
Bitcoin ($BTC) continued its decline, which began in October, into February, with the price falling to levels around $60,000. Although there has been a slight recovery in the last 24 hours, Bitcoin’s decline is deepening. At this point, analysts have begun to examine the behavior of different investor groups in the market. At this point,
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1937.2, up 4.4% (+82.19) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: DOT (+17.2%) and AVAX (+12.9%). Laggards: BTC (+2.8%) and AAVE (+3.0%). The