Crypto wallets were originally built around coins and tokens. Now some are trying to turn themselves into broader financial apps by giving users access to tokenized versions of traditional assets. Bitget Wallet’s latest push is into tokenized U.S. equities, described in a recent TheStreet Roundtable interview with their COO, Alvin Kan. The idea is not
Crypto analyst Minga has predicted that the Bitcoin price could rally past $120,000 to a new all-time high ($ATH) of $190,000 in the next bull cycle. The analyst also indicated that now is a good time to buy as $BTC approaches a bottom. Analyst Gives Buy Signal as Bitcoin Price Approaches Bottom In an X
Bitcoin’s [$BTC] market structure is facing a key test. Recent data indicates a clear shift in whale behavior as large holders are no longer accumulating; instead, they are distributing. Whale trend turns structurally bearish According to the recent data, addresses holding between 1K–10K $BTC have flipped to net sellers. Over the past year, whale holdings
Technology investment platform Fundrise is partnering with crypto exchange Kraken to tokenize shares of its Fundrise Innovation Fund VCX, according to reporting from Crowdfund Insider. The deal will see the publicly listed VCX vehicle, which trades on the NYSE, wrapped into a blockchain-based representation on Kraken’s tokenized equities venue xStocks under the ticker VCXx. Kraken’s
According to a new report published by crypto asset management company Grayscale Investments, rising geopolitical tensions in the Middle East and increasing oil prices have become key determinants of investor behavior in the cryptocurrency market. The report stated that the risk of war with Iran, in particular, led to a “wait and see” approach in
Stablecoin transaction volume surpassed the US Automated Clearing House network for the first time in February, a significant milestone for an asset class that has existed for less than 12 years. According to data from blockchain analytics platform Artemis, the total 30-day adjusted rolling stablecoin volume hit $7.2 trillion in February, beating the Automated Clearing
Bitcoin is trading choppily around $66,600, as the extended holiday weekend sidelines potential buyers and gives bears greater control over price action. With CME futures and ETF flows set to pause over Good Friday, the market is heading into a liquidity gap just as its most reliable source of support is already weakening. Bitcoin’s $65,000
Bitcoin miner Riot Platforms sold 3,778 Bitcoin in the first quarter, adding to a recent wave of sales by crypto firms amid tough market conditions. The Bitcoin (BTC) was sold at an average price of $76,626, netting Riot $289.5 million, according to the miner’s operational update released on Thursday. Bitcoin was trading at $66,867 as
Google’s Quantum AI team recently issued an interesting warning to the cryptocurrency industry, noting how the mathematical foundation securing Bitcoin and most other digital assets may be far more vulnerable to quantum computers than previously believed. In a recent research blog post, Google said the quantum resources needed to attack the elliptic curve cryptography used
Korea Investment Securities, one of South Korea’s largest brokerages, is exploring a stake in Coinone. The firm is in early talks to acquire shares in the country’s third-ranked crypto exchange, the Herald Economy reported. The deal would add another chapter to an unprecedented wave of consolidation reshaping Korea’s crypto sector. A Crowded Field of Suitors