Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners of the market. No IPO, No Catalyst After a stellar 18-month run, crypto equities are beginning to lose momentum relative to Bitcoin, according to the
Singaporean bank DBS will tokenize structured notes using Ethereum, the company announced Thursday. The bank said it had partnered with digital platforms ADDX, DigiFT, and HydraX to distribute the product. Structured notes blend debt securities and derivatives contracts to provide investors with exposure to a range of assets, including stocks and commodities. They are linked
Famous investor and Professional Capital Management CEO Anthony Pompliano evaluated the recent price movements of Bitcoin (BTC). According to Pompliano, the recent declines in Bitcoin are a sign of the asset’s maturation process. Pompliano noted that Bitcoin has typically experienced corrections of 30% in past bull markets, while the recent decline has remained in the
Ripple owns billions of dollars worth of XRP, but company shares trading on private secondary markets don’t fully reflect that, according to VivoPower advisory board member Adam Traidman. As a private company, Ripple’s shares have less liquidity than they would on a stock exchange, so the company’s share price is primarily determined across individualized deals—often
The price of Bitcoin and other cryptocurrencies fell on Thursday as the president of the Cleveland Federal Reserve, Beth Hammack, said she wouldn’t support cutting interest rates if forced to make a decision tomorrow. “With the data I have right now and with the information I have, if the meeting was tomorrow, I would not
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. As we reach the end of August, all eyes are once again on the Grand Tetons. Not because of its striking views, but because the annual Woodstock of central banking is about to go down. Tomorrow morning, Fed Chair Jerome Powell
Artificial intelligence and quantum computing are moving from theory into reality, and the tools that protect our data are being put to the test. In response, Asphere and QuStream have joined forces to build a blockchain that’s meant to stand up to the next wave of cryptographic threats, not someday, but from day one. The
Macro conditions suggest Bitcoin (BTC) might face a multi-week performance slowdown if global M2 money supply peaks in September, according to a recent report by Delphi Digital. The BTC-M2 relationship using a 10-week offset shows M2 data already rolling over roughly 8% from projected September highs. Bitcoin has historically followed M2 peaks with performance lags,
State Street, a Boston-based custody bank with $49 trillion in assets under its watch, is pushing deeper into digital assets by joining JPMorgan’s blockchain-based tokenized asset platform Digital Debt Service as the first third-party custodian. The first transaction State Street anchored was a $100 million tokenized commercial paper issuance by the Oversea-Chinese Banking Corporation (OCBC),