Financial institutions are increasingly moving toward an onchain future with tokenization initiatives which provide access to new markets and offer structural advantages compared to traditional investment products, according to Matthew Horne, head of digital asset strategists at Fidelity Investments. “In the last 18 months, if you look at the push by true institutions to move
Bitcoin ($BTC) price is down 1.5% today, October 8, to trade at $82,492 at the time of writing. This drop coincides with rising outflows from spot $BTC ETFs as the crypto market’s sentiment weakens. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K reviews in the
Bitcoin, the most closely watched asset in the cryptocurrency market, continues to search for direction, with investors’ eyes focused on the $84,000 level. A recent analysis published by Bitfinex points out that the $84,000 level could be a decisive factor in Bitcoin’s future movement. Bitcoin Reaches Critical Threshold: All Eyes on $84,000! According to Bitfinex,
Bitcoin developers are debating how and when the network will prepare for quantum computing. Also, the call for crypto holders to move into “bunker mode” before advances in AI or quantum computing expose wallet keys, bringing greater attention to individual wallets. However, for banks and custodians, the harder issue may be whether their key management,
More than 6 million bitcoin $BTC$82,417.65 sit behind public keys already visible onchain, highlighting the scale of holdings potentially exposed if advances in AI or quantum computing undermine Bitcoin’s cryptography. Those coins represent 31.2% of circulating supply, roughly 5 to 6% above the low reached in 2023, according to Glassnode data. Glassnode co-founder Rafael Schultze-Kraft
Soda Labs, which builds privacy infrastructure for institutions, banks and DeFi applications, has secured $3 million from Luxembourg-based venture capital firm NextBlock to scale its programmable privacy infrastructure across public blockchains, according to an Oct. 8 statement. Soda Labs is focused on bringing more privacy to public blockchains without giving up their transparency and programmability.
In the cryptocurrency market, the actions of major players have been making headlines lately, as much as price movements. Bitcoin fell to $82,000 due to activity in US wallets and rising oil prices. This situation also affected altcoins, and the volatility reshaped investors’ risk appetite. Transfers made by whale wallets also attracted attention. According to
Tokenization firm Securitize (SECZ) said it is bringing shares of Apple, Nvidia, Tesla and other major U.S. companies in the Solana (SOL) blockchain, joining a growing race to make traditional stocks available through crypto trading infrastructure. The new product, called Securitize Stocks, will initially cover 12 companies, including Microsoft, Amazon, Alphabet, Meta, Netflix, Circle, Strategy
Binance’s founder, Changpeng Zhao (CZ), has addressed Ethereum creator Vitalik Buterin’s concerns about AI-enhanced risks to cryptocurrency systems, in a conversation that highlights deeper cryptographic issues. It’s certainly an unexpected partnership to address one of the cryptocurrency sector’s most pressing long-term security challenges. Buterin recently generated significant discussion by warning the crypto community against complacency
IREN stock has remained under pressure this month as investors have remained cautious of neocloud companies. It dropped to $38.70 on Wednesday, down modestly from the September high of $49.60 and by 50% from its all-time high. IREN stock has fallen despite strong demand for AI data centers IREN, formerly known as Iris Energy, is