Tokenized financial assets have surged 37% in six months as institutions expand blockchain adoption and the market broadens beyond funds and private credit, according to Token Terminal. The market for tokenized real-world assets (RWAs) continues to expand despite broader weakness in crypto markets, with the value of onchain financial assets climbing sharply over the past...Continue Reading

Bitcoin’s Sharpe ratio and a 125,000 BTC increase in BTC accumulator demand mark the start of a new demand phase. Will prices follow? Bitcoin’s (BTC) risk-adjusted return profile is approaching levels historically aligned with long-term accumulation zones. The Sharpe ratio, a metric that measures return relative to volatility, dropped to -20, a threshold that marked...Continue Reading

Defend American Jobs reported spending $7.4 million on media to support Republican Barry Moore ahead of his May 20 Alabama primary, and an additional $4.7 million before Tuesday’s runoffs. Defend American Jobs, the cryptocurrency company-backed political action committee (PAC) affiliated with Fairshake, reported spending millions of dollars to support a Republican candidate’s run for a...Continue Reading

The crypto exchange is deepening its push into traditional finance by enabling ACATS stock transfers and expanding trading products beyond digital assets. Coinbase is allowing users to transfer existing stock portfolios onto its platform, marking another step in the company’s push beyond cryptocurrency trading and toward becoming a full-service financial platform. On Tuesday, Coinbase unveiled...Continue Reading

Whales pulled more than 720 million XRP from exchanges, as various data points converge to predict a potential 50% rally. Since June 3, more than 720 million XRP (XRP) tokens have left crypto exchanges, and Upbit’s share of XRP wallet flows has climbed to its highest level since May 2024. The shift comes as XRP...Continue Reading

The launch comes amid growing competition among financial institutions to manage assets backing dollar-pegged stablecoins. State Street Investment Management has launched a money market fund designed for stablecoin issuers, offering a vehicle for holding reserve assets under the framework established by the GENIUS Act. The fund is structured as a Rule 2a-7 government money market...Continue Reading

Ripple’s investment in Flutterwave will bring RLUSD, Ripple Payments and XRPL to one of Africa’s largest fintechs as blockchain remittances gain traction. Blockchain payments company Ripple has acquired an equity stake in African fintech giant Flutterwave, deepening its push into one of the world’s fastest-growing cross-border payments markets. Flutterwave CEO Olugbenga Agboola said the undisclosed...Continue Reading

US-regulated Bitcoin perpetual futures could give retail and institutional traders new ways to access crypto derivatives. How Bitcoin perps are entering regulated US markets For years, Bitcoin perpetual futures have ranked among the most important products in crypto trading. They account for a large share of global crypto derivatives activity and are widely used by...Continue Reading

Without specifically calling out a report on Binance’s EU license, the crypto exchange warned that any rejection forcing it to delay activities in the region could “weaken liquidity” and present other potential risks. Cryptocurrency exchange Binance, whose application under the European Union’s Markets in Crypto Assets (MiCA) framework is under consideration, has generally deferred responding...Continue Reading

Bitcoin joined oil in heading lower while stocks gained on US-Iran peace momentum, with traders seeing a quick end to the BTC price rebound. Bitcoin (BTC) dropped back to $66,000 after Tuesday’s Wall Street open as stocks locked in fresh gains. Key points: Bitcoin cools its rebound, even as stock continue higher on US-Iran peace...Continue Reading