Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody’s
There aren’t enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.
Financial
Market
Financial
First Mover Americas: BTC Dominance Increases, Binance to Re-Enter India
The latest price moves in crypto markets in context for April 18, 2024.
Financial
USDe Holders Should Monitor Ethena’s Reserve Fund to Avoid Risk, CryptoQuant Warns
CryptoQuant also said that Ethena’s keep rate should remain above 32% in the event of a bear market.
Financial
Bearish Flip in Crypto Crowd Sentiment Hints at Coming Bitcoin Price Bounce
Analytics firm Santiment’s social-media metrics suggest the crypto crowd is beginning to lean bearish.
Financial
Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K
BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.
Financial
Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist
Large bitcoin investors haven’t started to buy the taban yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.
Financial
Max Boonen’s PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate Bonds
The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.
Financial
Bitcoin Could Surge to $120K on ‘Doomsday Rally,’ Trader Says
Geopolitical factors could see investors allocate funds to alternative assets such as bitcoin, some analysts say.
Financial
Free Money? Polymarket Bet Pays 8% if China Doesn’t Invade Taiwan
Betting against an invasion on the prediction market may yield almost 8x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes U.S. presidential odds.
Financial
Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions
Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.