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Financial News

RWAs exceed $25 billion after nearly quadrupling in a year

RWAs exceed $25 billion after nearly quadrupling in a year

2 months ago by Crypto InsightsCrypto

Six asset classes now exceed $1 billion onchain, but just 12% of RWA-backed stablecoin supply has entered DeFi protocols. Tokenized real-world assets, excluding stablecoins, have crossed $25 billion in onchain value, nearly quadrupling from roughly $6.4 billion a year earlier, according to data from RWA.xyz.… Read More

Trump’s cyber strategy vows to ‘support the security’ of cryptocurrencies and blockchain

Trump’s cyber strategy vows to ‘support the security’ of cryptocurrencies and blockchain

2 months ago by Crypto InsightsCrypto

The Trump administration’s new national cyber strategy places the security of cryptocurrencies and blockchain technologies within the United States’ broader push to maintain leadership in emerging technology. In a section focused on maintaining “superiority in critical and emerging technologies,” the document states that the government… Read More

Coinbase (COIN) says new U.S. tax-reporting rules for crypto are cluttered, confusing

Coinbase (COIN) says new U.S. tax-reporting rules for crypto are cluttered, confusing

2 months ago by Crypto InsightsCrypto

Cryptocurrency trading giant Coinbase (COIN) said new U.S. tax reporting requirements are overly onerous for many crypto holders and add unnecessary clutter to the country’s taxation system. While the idea is that taxable activity on crypto should be reported in the same way as with… Read More

BTC in deep bear market, could crash by another 30%, investment firm says

BTC in deep bear market, could crash by another 30%, investment firm says

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$68,027.17 is firmly in the deepest phase of the bear market and the pain may worsen, according to CK Zheng, founder of crypto investment firm ZX Squared Capital. “Bitcoin’s price is convincingly in deep bear market territory now. We expect a further 30% price… Read More

BTC slips below $68,000 as dollar posts steepest weekly gain

BTC slips below $68,000 as dollar posts steepest weekly gain

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$67,690.58 fell to $67,960 by Saturday morning, down 3.4% over the past 24 hours and retreating sharply from the past week’s high. The move fits what has become a recurring script in recent months, with late-week selling dragging prices toward the lower end of… Read More

BTC suffers late-week $110 billion wipeout as Iran trumps positive developments

BTC suffers late-week $110 billion wipeout as Iran trumps positive developments

2 months ago by Crypto InsightsCrypto

Bitcoin briefly pushed toward $74,000 this week, buoyed by a string of bullish developments that have tied the crypto industry ever closer to traditional finance. Some market observers began calling this a bullish rally, with one analyst even saying that the new run ‘has legs.’… Read More

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