Major Wall Street operator Depository Trust & Clearing Corporation (DTCC) said Monday it will begin limited production trades of tokenized securities in July, with a broader launch of its platform set for October. The service, built within DTCC’s Depository Trust Company, will allow firms to issue digital versions of assets already held in custody, while
DonAlt, a seasoned investor and veteran of the cryptocurrency sector, accurately predicted that XRP would increase by 700% to reach $3.65 in 2024. The analyst, using a pseudonym, has now revealed his updated predictions for Bitcoin ($BTC). The analyst presented three different scenarios for $BTC and identified three different price levels for each scenario. Bitcoin
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 2110.57, up 0.5% (+11.5) since 4 p.m. ET on Friday. Eleven of 20 assets are trading higher. Leaders: TAO (+4.1%) and LINK (+2.7%). Laggards: NEAR (-2.9%) and BCH (-2.1%).
Optimism that briefly sent Bitcoin above $80,600 overnight evaporated as news broke of Iranian missiles targeting a US Navy vessel near the Strait of Hormuz. Iran’s state-linked Fars news agency said the US Navy vessel ignored warnings from the Revolutionary Guard (IRGC) and was struck by two missiles and forced to turn back. The allegation
Arthur Hayes does not deal in vague timelines. Speaking at the Cointelegraph booth at Bitcoin Vegas, the BitMEX co-founder put a specific window on Bitcoin’s return to six figures: after the northern hemispheric summer. “I think we’re going to hit $100,000 after the northern hemispheric summer,” Hayes said, “mostly because the dollar liquidity situation is
Capital B raised 1.1 million euros ($1.28 million) through a warrant issuance subscribed by Blockstream CEO Adam Back, extending the cryptographer’s backing of the French-listed Bitcoin treasury company. Back subscribed to 10 million subscription warrants at 0.11 euros ($0.13) each, according to a Monday announcement from Capital B. Each warrant gives Back the right to
UAE Innovation City, the UAE’s AI-powered free zone in Ras Al Khaimah, has launched what it calls the first blockchain enabled digital business identity system, where each registered business in the freezone will receive a sovereign cryptographically verified identity built on IOPn blockchain, the OPN Chain. Innovation City, and IOPn are moving companies towards the
GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its legacy retail business. The company on Sunday submitted a non-binding proposal to acquire 100% of eBay at $125 per share in cash and stock, according to an announcement. The offer
Last month, the $XRP spot ETFs recorded their largest monthly inflow so far this year, amid renewed institutional interest. Per SosoValue, the US $XRP spot exchange-traded funds saw a monthly total net inflow of $81.59 million in April. This recent figure took the cumulative total net inflow to $1.29 billion and the total net asset
Bitcoin has pulled back to $79,000 after briefly topping $80,000 during the Asian hours. As of writing, the leading cryptocurrency by market value was still up 0.4% on a 24-hour basis. The CoinDesk 20 Index was up 0.4% alongside a nearly 1% rise in ether (ETH) and marginal gains in $XRP ($XRP) and solana (SOL).