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Bittensor ecosystem tokens’ value hits $1.5 billion as TAO rockets 90% in March

Bittensor ecosystem tokens’ value hits $1.5 billion as TAO rockets 90% in March

2 months ago by Crypto InsightsCrypto

Bittensor’s TAO has rallied 90% so far this month, and the tokens in its ecosystem are running up even harder. The network’s subnet token category reached a combined market cap of $1.47 billion on Monday, with $118 million in 24-hour trading volume, according to CoinGecko… Read More

Robinhood (HOOD) lifts buyback program to $1.5 billion

Robinhood (HOOD) lifts buyback program to $1.5 billion

2 months ago by Crypto InsightsCrypto

Robinhood’s (HOOD) board has approved a new $1.5 billion share repurchase program, according to an 8-K filing with the U.S. Securities and Exchange Commission. It adds more than $1.1 billion to existing buyback capacity. The company said it expects to carry out the plan over… Read More

RWAs exceed $25 billion after nearly quadrupling in a year

RWAs exceed $25 billion after nearly quadrupling in a year

3 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

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

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

3 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

OKX is building a social network directly into its trading app after a massive $25 billion valuation

OKX is building a social network directly into its trading app after a massive $25 billion valuation

3 months ago by Crypto InsightsCrypto

Crypto exchange OKX, which was just valued at $25 billion after a strategic investment from New York Stock Exchange (NYSE) parent Intercontinental Exchange (ICE), is launching a social network built directly into its trading app, the latest example of social media and digital asset platforms… Read More

Japanese payments firm PayPay, partial owner of Binance Japan, seeks $1.1 billion IPO

Japanese payments firm PayPay, partial owner of Binance Japan, seeks $1.1 billion IPO

3 months ago by Crypto InsightsCrypto

PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise as much as $1.1 billion in a U.S. initial public offering, Reuters reported Monday. The Tokyo-based company and a selling shareholder plan to offer 55 million American… Read More

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