BlackRock Launches Tokenized Money Market Funds on Solana, Ethereum
BlackRock is expanding onto Solana with a new money market fund designed for stablecoin reserves, adding the blockchain to its list of tokenized investment products.
Shopping
Macro Expert Links XRP to BlackRock, the IMF, and Global De-Dollarization
The post Macro Expert Links XRP to BlackRock, the IMF, and Global De-Dollarization appeared first on Coinpedia Fintech News
International Equities ETF XIDV Beating Benchmark, Category
Investors are looking to balance concentration risk and returns amid brewing anxiety about U.S. stocks. While the push and pull of Middle East diplomacy continues, A.I. concerns remain as many investors are heavily inve…
Hashdex to shut smallest Bitcoin ETF after more than two years
The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks.
XRP Holders Can Now Borrow Ripple's RLUSD on Ethereum Without Selling Their Crypto
Announced on Monday by layer 1 blockchain developer Flare, the integration lets users convert XRP into Flare's FXRP token, bridge it to Ethereum, deposit it as collateral on the Morpho lending protocol, and borrow RLUSD…
Kenya moves 30 million academic credentials onto Avalanche blockchain
A new digital verification platform aims to reduce forged certificates by allowing employers and universities to authenticate academic records onchain.
OILT Surges 12.5% in July as Texas Energy Outperforms
The Texas Capital Texas Oil Index ETF (OILT) climbed 12.5% in July, outpacing both broad market equities and energy sector peers. During the month, the State Street SPDR S&P 500 ETF Trust (SPY) held steady, while the St…
BlackRock Files With SEC to Issue Tokenized Fund Shares on Solana
BlackRock has filed with the SEC to issue tokenized fund shares on Solana, marking one of the clearest signals yet that the world’s largest asset manager is moving deeper into blockchain-based finance.
Trump-linked American Bitcoin president Matt Prusak departs for Giga Energy
Matt Prusak, president and interim chief financial officer of Trump-linked bitcoin miner American Bitcoin (ABTC), is leaving the company to join AI and energy infrastructure developer Giga Energy, marking another senior…
July Fed Meeting Strengthens Case for Short Duration Bonds
Advisors and investors of all kinds are used to closely watching the outcome of each of the Federal Reserve’s meetings, given how critical interest rates are to equity and fixed income markets alike. However, the recent…
U.S. manufacturing sector activity accelerates to over four year high in July
The July flash PMI came in at 53.6, beating the 52.2 estimate, marking the composite index's strongest reading in eight months, and pointing to annualized GDP growth of roughly 2%. But the number that should sit at the …
Trump Sons’ American Bitcoin Reports $57.2M Q2 Loss, Yet Adds 8,000 BTC to Treasury
American Bitcoin posted a $57.2 million quarterly loss while expanding its Bitcoin treasury beyond 8,000 BTC.
U.S.-Japan intervention revives yen carry trade fears for bitcoin
U.S. Treasury Secretary Scott Bessent confirmed Sunday that the U.S. joined Japan in coordinated foreign exchange intervention last Friday, calling it a move to counter "disorderly yen movements." The USD/JPY pair almos…
XRP Price Holds $1 Support as Ripple Expands Digital Capital Markets With ZILO, Licuido Investments
The post XRP Price Holds $1 Support as Ripple Expands Digital Capital Markets With ZILO, Licuido Investments appeared first on Coinpedia Fintech News
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Bitmine Immersion (BMNR), the largest Ethereum treasury company, bought 10,399 ether (ETH) during last week as Chairman Tom Lee pointed to ether's strongest monthly performance against the Nasdaq in a year as evidence t…
Crypto Privacy Tools Serve ‘Essential Protective Functions’: Report by ChangeNOW, CoinRabbit
Crypto privacy tools serve “essential protective functions” that restore a measure of financial privacy that has always existed in TradFi, according to a new report from non-custodial crypto platform ChangeNOW and digit…
Bitcoin edges lower below $63k as Coldcard hack overshadows U.S.-Iran hopes
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Strategy Sells 1,637 BTC as Bitcoin Holdings Fall to 842,138
Strategy sold 1,638 BTC for approximately $104.7 million between July 27 and August 2, at an average price of $63,957 per Bitcoin. The company used about half of the proceeds to fund preferred stock dividends, while the…
BlackRock expands tokenized cash with new blockchain-based money market offerings
BlackRock, the world’s largest asset manager, has expanded its tokenized cash platform, introducing a couple of new tokenized money market products, the firm said on Monday.
CLARITY Act failure could send crypto valuations lower: Bernstein
Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US regulators.
Inflation – Back in Focus?
In our latest weekend video, Inflation – Back in Focus?, Chief Investment Strategist Fritz Folts and CEO/CIO Steve Cucchiaro revisit inflation, a topic many investors thought was fading into the background. With Federal…
Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases
Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.
BlackRock launches tokenized money market funds for stablecoin reserves
The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.
US hints at more yen intervention: Five things to know in Bitcoin this week
Concerns over US Treasury markets were behind the US decision to intervene in the Japanese yen last week. Washington engaged in a rare operation to support the yen after USD/ JPY had reached almost 164 last week, per da…