Avalanche Leads Tokenized Stock Growth as Solana Wins New Users Tokenized equities are starting to reveal two very different growth stories. Over the past seven days, Securitize’s SECZ added $132 million in market capitalization, almost 10 times more than the next-largest tokenized stock, according to the RWA Foundation. That single move helped push Avalanche to
Bitcoin’s rally keeps pulling in fresh capital, but the buying pressure behind it has turned uneven, according to Glassnode’s latest weekly report. Spot Buyers Are Losing Conviction Glassnode wrote in its Sept. 28 report that Bitcoin traded near $84,000 after touching $87,000 the previous Wednesday. The week finished about 4% higher, but the report attributes
For years the crypto industry had one apparent advantage over the stock market: while Bitcoin [BTC] never sleeps, stock exchanges have their opening and closing times. But what happens when stocks begin trading almost around the clock as well? TradFi is now chasing crypto’s 24/7 trading model The stock market model is now starting to
Ric Edelman Raises Bitcoin Allocation Call From 1% to 40% Bitcoin is moving from satellite allocation to potential portfolio core, at least in Ric Edelman’s view. Speaking at the Bitcoin Treasuries Conference in Manhattan on Sept. 28, the founder of Edelman Financial Engines said his recommended bitcoin allocation has risen dramatically from the 1% level
Market expectations that the Fed will raise interest rates again in October have significantly declined following comments by New York Fed President John Williams. Williams stated that there is “no need to rush” into a new monetary policy step, causing the probability of an October rate hike, as priced in by the markets, to fall
ChatGPT developer OpenAI is reportedly eyeing another $30 billion raise that could value it at $1.4 trillion, making it one of the world’s most valuable companies even before it goes public. Citing people familiar with the matter, Bloomberg reported Tuesday that OpenAI is in the early stages of discussions for the new funding round, with
a16z argues blockchains remove geographic and listing constraints, allowing new markets to form around risks that traditional finance could not easily package or distribute. Perpetual futures, prediction markets, tokenized assets and DePIN show how permissionless issuance can turn new or existing exposures into continuously tradeable products. The opportunity depends on protocols making market creation, discovery
Federal Reserve Board Governor Michael Barr has reiterated that the Fed may need to raise rates further to bring inflation down to its 2% target. This comes as crypto traders reduce their bets on a potential October Fed rate hike, which would be the second hike this year. More Than Just News Content, live market
Kalshi is considering a funding round of about $1 billion at a valuation near $40 billion, according to reports, as the prediction-market operator expands beyond event contracts. Sequoia Capital and Wellington Management are in talks to participate, while Tiger Global Management and Dragoneer Investment Group are also considering joining. The discussions remain ongoing, and the
A new bitcoin exchange-traded fund has hit Europe — with a twist. Debuted by $9.2 billion ETF provider HANetf, the Arrow Bitcoin EUR Hedged ETF gives European investors exposure to bitcoin while reducing the impact of movements between the euro and the US dollar. Because bitcoin is priced in dollars, European investors who buy an