Gold Prices Jump After Inflation Data, Silver Stays Near $65

The price of gold futures rose 0.8 percent to $4,478 an ounce, continuing its rally in a fourth session. Traders reacted to the report with silver falling close to $64.769, off about 0.5%. Each of the moves represented a type of market structure for each metal. Lower expectations for rates, a weaker dollar, and renewed […]

Tokenization of Assets Gaining Momentum, Says GracyBitget

In a recent tweet, GracyBitget predicted that the tokenization of assets is just beginning, suggesting that by 2030, 10% of traditional financial assets could exist on-chain. This forecast could signify a major shift in how assets are managed and transacted, as blockchain technology gains traction in the financial sector. For more details, refer to the […]

Euro Stablecoins Reach $810.9M, Ethereum Leads Market Share

Ethereum continues to play a pivotal role in the blockchain ecosystem, particularly in the euro stablecoin market and the growing trend of tokenized assets. Recent developments highlight Ethereum’s influence and adaptability in an evolving digital asset landscape, as reported by Token Terminal. With euro stablecoins reaching a market cap of €810.9 million, Ethereum’s dominance signifies […]

zkSync Era Leads RWA Market Cap Growth by $76.9M

zkSync Era has emerged as a leader in the recent growth of the Real-World Asset (RWA) market cap, adding an impressive $76.9 million over the last 24 hours. This surge underscores the increasing interest in RWAs within the crypto space and reflects broader trends in altcoin momentum. The news was highlighted by the CryptoTwitter commentator […]

SEC Grants No Action Letter to FTI_US for OnChain Fund

FTI_US has recently obtained a no action letter from the SEC regarding its OnChain government money market fund. This approval allows Franklin Templeton’s registered funds, including mutual funds and ETFs, to hold the OnChain fund, despite not fully satisfying the 1940 Act custody rules. The implications for Franklin’s investment strategy are significant, as they can […]

BNB Chain Leads RWA Market Cap Growth by $3.8B This Year

BNB Chain has emerged as a significant player in the real-world asset (RWA) market, leading the year-to-date growth with an impressive increase of $3.8 billion. This surge, reported by crypto commentator @tokenterminal, places BNB Chain ahead of competitors like XRP Ledger and Ethereum, which saw increases of $2.4 billion and $2 billion, respectively. The implications […]

United Stables Boosts Stablecoin Market Cap by $106.3M

United Stables has significantly increased its stablecoin market cap by $106.3 million over the past week. This surge highlights the growing demand for stablecoins in the crypto market. According to a recent tweet by @tokenterminal, this trend positions United Stables as a key player in the space, potentially influencing investor sentiment and market dynamics. The […]