Stellar invests $50 million in Archax to expand tokenized RWA market
Stellar invests in UK-based Archax to expand in tokenized RWA space, joining BlackRock and Fidelity. The deal involves $50 million and targets institutional adoption.
Bitcoin Penguins secure $5M as Ethereum ETP inflows reach $2B in Q1 2024
Bitcoin Penguins raised $5M in presale, while Ethereum ETP inflows hit $2B in Q1 2024, signaling strong investor interest in crypto assets.
Bitcoin holds $115K post Trump-Zelenskyy meeting, OKB nears ATH
Bitcoin stabilizes at $115K post Trump-Zelenskyy talks, OKB nears all-time high. Ethereum trades at $3.2K, up 5% weekly. Market cap hits $2.5T.
US Treasury targets crypto crime under GENIUS Act after $3.2B 2022 losses
The US Treasury seeks public input to address crypto crime via the GENIUS Act, targeting Bitcoin and Ethereum transactions, with $3.2B lost in 2022.
Ethereum holds $4.4K support with $18B daily trading volume
Ethereum (ETH) maintains $4.4K support amid market volatility, with a 24-hour trading volume of $18B. Analysts note strong institutional interest in ETH and Bitcoin (BTC).
Coinbase DCG Kraken launch $5M crypto education nonprofit for policy reform
Coinbase, DCG, and Kraken launched a tax-exempt nonprofit, aiming to educate on crypto policies, with $5M initial funding from industry leaders.
Bitcoin fall below $110K as market volatility increases
Bitcoin risks dropping below $110K as market volatility rises. Ethereum and Solana also affected. Trading volume fell 15% in the past week.
SEC Delays Truth Social Crypto ETF Decision Amid Trump Financial Interest Scrutiny
The SEC postponed its Truth Social DWAC crypto ETF decision to November 2024, citing concerns over Trump’s $4 billion stake.
South Korea suspends crypto lending services as FSC drafts 2023 regulations
South Korea suspends new crypto lending services; FSC plans regulations. Bitcoin drops 5%, Ethereum follows. 20 exchanges affected by the halt.
Lib Work adds $3.3M Bitcoin to treasury following MicroStrategy’s 2024 crypto reserve model
Lib Work, a Japanese 3D housing firm, allocated $3.3M to Bitcoin as a treasury asset, joining firms like MicroStrategy and Tesla in crypto adoption.
