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SoFi will enable instant cross-border transfers using Bitcoin and UMA. Transfers will convert USD to Bitcoin via Lightning, then to local currency. The service will first launch in Mexico with lower fees than traditional remittances. SoFi Bank is preparing to shake up the global remittance industry by introducing a blockchain-powered international money transfer service. The US digital bank has partnered with Lightspark, a Bitcoin infrastructure company founded by former PayPal president David Marcus, to bring faster and cheaper cross-border payments […]

SkyBridge will tokenize $300M of hedge funds on the AVAX blockchain. The move positions Avalanche as a leading platform for RWAs. AVAX charts suggest a potential 45% price jump if broader sentiments improve. While cryptocurrencies retreated from their recent peaks, Anthony Scaramucci’s alternative investment company, SkyBridge Capital, supercharged Avalanche’s (AVAX) fundamentals. According to the latest press release, SkyBridge plans to tokenize hedge funds worth $300 million on the Avalanche network. Under this initiative, SkyBridge’s Legion Strategies Ltd. and Digital Macro […]

Bitwise projects Bitcoin to deliver 28% annual returns over the next decade. Institutions now view Bitcoin like equities and bonds for portfolio allocation. Spot ETFs and corporate treasuries fuel Bitcoin’s growing long-term adoption. Bitwise Asset Management expects bitcoin to deliver the strongest returns of any major asset class over the next ten years, projecting a compound annual growth rate of 28% with gradually declining volatility. The forecast was shared in a new memo previewing the firm’s forthcoming Bitcoin Long-Term Capital […]

Major altcoins like Ether and Solana are strongly outperforming Bitcoin. BNB, the token of BNB Chain, surged 6% to a new all-time high of 875. Bitcoin’s market dominance is on the verge of hitting a new six-month low. In a stunning display of defiance, a powerful cohort of major altcoins staged a dramatic comeback on Wednesday, completely eclipsing Bitcoin and brushing off a wave of risk-aversion that sent traditional stock markets lower. The move signals a potential changing of the […]

Key takeaways BNB surged by over 4% in the last 24 hours to hit a new all-time high of $882. Binance’s native coin could rally to the $1k psychological level in the medium term. Binance’s BNB hits a new all-time high The cryptocurrency market performed positively on Wednesday following two days of steady decline. Bitcoin bounced back to trade above $114k after dropping to the $111k level earlier this week. Ether, the leading altcoin by market cap, defended its price […]