Nadine Chakar, the global head and managing director of DTCC Digital Assets, recently presented a convincing argument regarding the advantages of tokenization during her testimony before the House Financial Services Subcommittee on Digital Assets. In her testimony, Chakar emphasized the transformative impact of tokenizing real-world assets and how it could benefit the US financial markets.
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Asset manager VanEck recently revised its prediction for Ethereum (ETH), revealing what price it believes the second-largest crypto token could reach by 2030. In a recent blog post, VanEck predicted that Ethereum could reach $22,000 by 2030. This represents a significant increase from their previous prediction of $11,800 for the same period. The firm attributes
The US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing an unprecedented streak of inflows, with 17 consecutive days of net additions. The significant influx of $886.6 million on a particular Tuesday marked the second-highest single-day inflow since their inception. The following day saw another substantial inflow of $488.1 million, attributed to major financial players
In a ground-breaking move, MetaMask has forged a partnership with HyperPlay, a renowned Web3 game store, to revolutionize the world of Web3 gaming. This collaboration has paved the way for the introduction of a new games directory within the MetaMask Portfolio, offering users a seamless way to explore and manage in-game assets. By joining forces,
In recent months, there has been a noticeable uptrend in the accumulation of bitcoin by large holders, also known as “whales.” These whale addresses, holding over 1,000 BTC each, now collectively own more than 40% of the total bitcoin supply. This concentration of ownership signifies a growing confidence and conviction among wealthy investors and institutions
Bybit recently made a decision that has sent shockwaves through the cryptocurrency community. The exchange has removed China from the list of countries whose citizens are restricted from using its services. This unexpected move has raised eyebrows and sparked debates about the implications for both Bybit and the Chinese market. By allowing Chinese users to
The cryptocurrency market has been buzzing with the rise of meme coins, and with that, the influx of whale investors who are doubling down on these tokens. One particular whale recently made headlines by massively accumulating Shiba Inu (SHIB) tokens. This whale spent a staggering 4,849 ETH, equivalent to around $18.44 million, to purchase a
Traders’ positions are reflecting a moderate level of excitement in the market regarding the upcoming launch of spot Ethereum ETFs. While the week may have been relatively uneventful, the expectations surrounding these funds are high. Analysts at K33 Research are predicting that the arrival of Ethereum ETFs could potentially follow a similar explosive path as
In the midst of a turbulent regulatory environment, Binance Coin, the native token of the world’s largest cryptocurrency exchange, has managed to defy the odds and emerge as a top performer in the market. Despite facing legal battles in multiple jurisdictions, including an ongoing dispute with Nigerian authorities and a hefty settlement deal with the
Bitcoin, the digital currency that has been causing a stir in the financial world, is once again at the center of attention. This time, it is due to the mounting stress within the US banking system. Some experts are predicting a significant surge in Bitcoin’s value, with some even going as far as forecasting a