MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says
Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.
Financial
Financial
RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain
This was the first example of transferring tokenized versions of life insurance policies, the company said.
Financial
Sonic, Gaming-Focused Layer-2 Chain on Solana, Raises $12M
The Sonic project’s Series A round was led by Bitkraft and joined by investors including Galaxy Interactive and Big Brain Holdings.
Financial
Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard
Funds will be used towards expanding the project’s restaking services, including adding support for ERC-20 tokens.
Financial
First Mover Americas: Crypto Majors Slide Further; SOL, DOGE Among Worst Affected
The latest price moves in crypto markets in context for June 18, 2024.
Financial
AI-Related Coins Slide as Google Search Shows Peak Retail Investor Interest
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet’s mantra of buying in doom and selling in boom.
Financial
Dogecoin Bulls See $60M Liquidations in Biggest Hit Since 2021
Over $400 million in crypto longs were liquidated in the past 24 hours as major tokens slid as much as 10%.
Financial
FTX Victims View Bankruptcy Process as ‘Second Act of Theft,’ File to Recover $8B in Forfeited Assets
Attorneys for the victims said the bankruptcy process has left FTX customers feeling “aggrieved and robbed.”
Financial
XRP, LINK, ETH Stand Out Relative to BTC in Sector Rotation Analysis, DOGE Struggles
Fairlead’s 12-week relative rotation graph shows signs of green shoots in XRP, LINK, ETH.
Financial
Dogecoin, Solana Lead Crypto Majors Plunge as Bitcoin Falls Below $66K
The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.