Microtransactions below 0.01 Bitcoin ($BTC) now account for roughly 80% of all daily transactions on the network, pushing transaction activity close to record highs despite weak price performance. The surge has pushed CryptoQuant’s Bitcoin “Network Activity Index” into positive territory for the first time since 2024, according to a Thursday report by the blockchain data
The race to manage stablecoin reserves is attracting another major Wall Street name, and this time it’s Fidelity. The financial services giant has officially launched a money market fund designed specifically for stablecoin issuers operating under the $GENIUS Act, further expanding the list of traditional asset managers competing for reserve assets. The move comes as
Ondo Finance added 173 tokenized stocks and ETFs to Ondo Global Markets on Tuesday, pushing its catalog past 430 assets available across Ethereum, Solana, and $BNB Chain. Ondo Finance’s official X account announced the expansion on June 17. The batch spans some of the most capital-intensive corners of public markets: AI, robotics, quantum computing, defense
Bitcoin Got the Wrong Crash Crypto investors usually know exactly which crash they would rather see: oil, not Bitcoin. When oil prices fall sharply, the market often reads it as good news for risk assets. Lower oil can reduce inflation pressure, improve the outlook for interest rate cuts, and support assets like Bitcoin, Ethereum, Solana,
Centrifuge and IOSG Ventures have announced a strategic partnership aimed at accelerating the adoption of tokenized real-world assets across Asia. The agreement comes at a time when institutional interest in blockchain-based financial products is rising rapidly across the region. Partnership scope Through this collaboration, Centrifuge will provide the tokenization infrastructure and fund management technology, while
The digital credit market suffered one of its sharpest selloffs to date on Thursday, with Strive Asset Management CEO Matt Cole describing the move as a leverage-driven liquidation rather than a sign of weakening credit fundamentals. Cole said it was “the most difficult day in the history of Digital Credit,” in a post on X,
The total asset size of spot ETFs based on $XRP, one of the most closely followed altcoins in the cryptocurrency market, continues to remain above $1 billion. According to $XRP ETF data, the total assets under management in spot $XRP ETFs stand at $1.05 billion, while the amount of $XRP held in ETF vaults has
Bitcoin $BTC$62,575.01 traders are scrambling to position for a deeper selloff, snapping up put options that would deliver big payouts if prices slide all the way down to $52,000 in the coming weeks. In the past 24 to 48 hours, crypto exchange Deribit saw heavy buying of short- and near-dated put options, spanning expirations from
Latam Institutions Lead in Crypto Adoption Globally While stablecoins are now being adopted widely around the world due to their dollar-proxy traits, their adoption has been larger in some regions following specific needs. The Digital Chamber, an organization established in 2014 to advocate for innovation in digital assets, highlighted that even with the current developing