Tokenization does not automatically make hard-to-trade assets liquid, industry executives said at Paris Blockchain Week, pushing back on the idea that putting private credit, real estate or other illiquid products onchain will by itself create active secondary markets. Speaking during a panel moderated by Cointelegraph CEO Yana Prikhodchenko, Oya Celiktemur, Ondo Finance sales director for
Fintech company Ramp Network said Friday it launched a multichain self-custodial wallet designed to tackle a common friction point in crypto of needing to rely on outside providers for core actions such as buying, swapping and cashing out. The company said the wallet allows users to buy, sell, trade and cash out digital assets inside
Bitcoin has decisively broken above $76,300 for the first time since its sharp selloff on Feb. 5, when it dropped to a low near $60,000. BTC has rallied more than 25% and now trades above its 100-day moving average (100DMA) of $74,774 since bottoming in early February. The previous two tests of this level resulted
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 2125.52, up 0.3% (+7.28) since 4 p.m. ET on Thursday. Nine of 20 assets are trading higher. Leaders: XLM (+1.5%) and HBAR (+1.4%). Laggards: NEAR (-2.3%) and DOT (-1.6%).
The price of bitcoin has again pushed above $76,000 alongside about a 10% plunge in the price of crude oil on an apparent reopening of the Strait of Hormuz. “The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” said Iranian Foreign Minister Seyed Abbas
Europe needs more euro-issued stablecoins and banks across the European Union (EU) countries must explore tokenized deposits, French Finance Minister Roland Lescure said Friday, according to Reuters. The statements signal a potential shift in stance within the French government and its central bank. Lescure expressed support for Qivalis, a group of 12 European banks, including
Bitcoin’s price action signals the momentum from U.S.–Iran ceasefire headlines is fading and markets are looking for substantive progress that could unwind war-driven stress across the global economy. The largest cryptocurrency briefly topped $76,000 early today, only to fall back in a repeat of Tuesday’s choppy pattern. The stall follows a 10% climb, predominantly driven
The leading cryptocurrency, Bitcoin ($BTC), is trading around $74,600 after a strong week. Analysts say the rally has stalled ahead of the expiration of the two-week ceasefire agreement between the US and Iran next week. However, one analyst predicts that Bitcoin could rise to $125,000 in the coming months. Speaking to Coindesk, ZeroStack CEO Daniel