Perp DEX tokens lost more than $1.3 billion in market value over the past day. ASTER, AVANTIS, and APEX drop up to 35%. Analysts anticipate significant rallies in October. Cryptocurrencies displayed weakness on Tuesday, with most currencies losing momentum after yesterday’s momentary jumps. The global cryptocurrency market capitalization plunged 1% in the past 24 hours to $3.89 trillion. Meanwhile, perpetual tokens underperformed the broader market. CoinGecko data shows Perp coins dropped 6.2% (or $1.35 billion) of their valuation within the […]
Chainlink and Swift enable tokenized fund workflows via existing banking systems. UBS pilots new Chainlink-Swift system, avoiding costly infrastructure upgrades. Global institutions can connect with crypto using their tested rails. Chainlink and Swift have deepened their collaboration with a new system designed to help financial institutions manage tokenized fund processes using existing infrastructure. The initiative integrates Swift’s global messaging network with the Chainlink Runtime Environment (CRE), enabling subscription and redemption workflows for tokenized assets without requiring firms to overhaul their […]
Ethereum signals strength as BitMine accelerates ETH treasury strategy. The ETH price bounced from lows of $3,800 last week and is holding above $4,100. Bitmine’s buying leads the corporate world’s interest in Ethereum, and tailwinds such as spot exchange-traded funds approval could catalyse gains to above $5,000. While cryptocurrency markets continue to witness price turmoil, Ethereum has held above the key level of $4,000, with ETH likely to explode as investors reignite altcoin season talk. The latest developments in the […]
Key takeaways SOL has dropped below $210 after starting the week bullish. The coin could drop below $200 if the bullish trend fails to gain momentum. SOL fails to surpass the $220 resistance level SOL, the native coin of the Solana blockchain, has lost less than 1% of its value in the last 24 hours. At press time, it is trading at $208 per coin. The negative performance comes after SOL and the broader crypto market had a positive start […]
Bitcoin is on track to close September with a rare positive gain of 4.5 percent. Historically, a green September has preceded an average Q4 rally of over 50 percent. If the pattern holds, Bitcoin could be eyeing the 170,000 dollar region by year-end. In a powerful and rare defiance of its own grim history, Bitcoin is on the verge of closing the books on a positive September. This is no small feat. The month has long been the cruelest on […]
Poland’s new crypto law imposes strict KNF licensing and heavy penalties. Industry warns rules could stifle innovation and push firms abroad. The president’s decision may determine Poland’s crypto market future. Poland has moved closer to enacting one of Europe’s strictest cryptocurrency laws, drawing sharp criticism from industry leaders and sparking a heated political debate. The legislation, framed as an interpretation of the European Union’s Markets in Crypto-Assets (MiCA) regulation, aims to strengthen oversight and protect investors but has raised concerns […]
SEC eyes plan to allow blockchain-based stock trading on approved crypto platforms. Nasdaq, Coinbase, and others push for tokenized equities as adoption accelerates. Tokenized stock market could hit $1.3T if 1% of global equities move to blockchain. The US Securities and Exchange Commission (SEC) is reportedly developing a proposal to allow blockchain-registered versions of stocks to trade on cryptocurrency exchanges, signaling a potential breakthrough in the integration of digital asset technology into traditional markets. The move, if approved, would permit […]
Quant announced an innovative product today. QuantNet transforms how banks connect with digital currencies. Native QNT gained over 7% in the past 24 hours. Banks are facing challenges amidst the ongoing financial revolution due to slow processes, isolated networks, and outdated systems. Interoperable blockchain Quant aims to fill this gap with its new innovative product, QuantNet. QuantNet creates an ecosystem where traditional banking, cryptocurrencies, and tokenized assets can flow seamlessly together. We’re proud to announce the launch of #QuantNet, the […]
Bitcoin hits $112k, fueled by institutional buying. Strategy added 196 BTC, increasing its holdings to 640,031 BTC. Analysts see potential for $120,000 but warn of volatility risks. Bitcoin (BTC) has surged to $112k, fueled by renewed institutional interest and a significant acquisition by Strategy, the world’s largest corporate Bitcoin holder. Strategy acquires 196 BTC, holdings hit 640,031 Strategy, formerly MicroStrategy, has announced the acquisition of 196 Bitcoin for an undisclosed amount, bringing its total holdings to 640,031 BTC, according to […]
Horizen price is up 12% in 24 hours as bulls break above $7 again. ZEN’s price surge today reflects its strategic advancements and growing relevance in privacy-focused DeFi. While the outlook is cautiously optimistic, investors should remain vigilant of market volatility and regulatory developments. Horizen (ZEN) has seen a notable price increase today, with double-digit gains allowing buyers to bounce to a key level. Attention from investors continues to drive a bullish outlook amid a surge that comes as privacy-focused […]