Author: Admin-aX9d7

BlackRock used tokenized shares from one of its money market funds as collateral in a derivatives transaction with Barclays, leveraging JPMorgan’s newly introduced Tokenized Collateral Network (TCN), a blockchain-driven collateral settlement platform, per a Bloomberg report on Oct. 11.Tyrone Lobban, the head of Onyx Digital Assets at JPMorgan, emphasized that the transactions were “instantaneous,” eliminating the delays associated with the traditional methods. He further noted that when this technology is deployed on a larger scale, it has the potential to enhance efficiency by unlocking capital for use as collateral in ongoing transactions.According to the report, the bank plans to broaden its supported…

In brief Bitget is pursuing legal action against eight accounts linked to a “professional arbitrage group.” A VOXEL trading surge triggered suspicions of alleged market manipulation. The incident raises fresh concerns over risk controls and market integrity in the industry. Crypto exchange Bitget is taking legal action against eight accounts it accuses of manipulating VOXEL token trading and profiting more than $20 million during a trading surge on April 20.Bitget’s Chinese representative, Jiayin Xie, said on X on Saturday that legal letters had been sent to the accounts, believed to be part of a “professional arbitrage group.” Victoria, Seychelles-headquartered Bitget…

Solana-based (SOL) web3 platform Access Protocol (ACS) has launched Sketch, an NFT discovery, and no-code minting tool.Access protocol stated that creators who use Sketch would get access to cutting-edge technologies for their NFT collections, allowing them to mint digital assets at lower prices. Additionally, the tool would also allow them to mint multiple NFTs simultaneously.While Sketch is still in beta mode, the crypto content monetization company noted that it had recorded high interest from new creators who want to join the platform. Access protocol further urged other interest creators to register for product testing via a form.Access protocol further described…

Bitcoin is set to break all-time highs as a top analyst sees surging inflows, strong fundamentals, and soaring investor confidence driving a massive rally. Bitcoin Primed to Shatter All-Time Highs as Fundamentals Ignite Massive Rally Willy Woo, a prominent onchain bitcoin analyst, shared an optimistic BTC outlook on social media platform X on April 27, […]

Grayscale is urging the SEC to approve staking for Ethereum ETFs, unlocking millions in rewards, strengthening Ethereum’s network, and propelling U.S. crypto investment forward. Grayscale Urges SEC to Allow Staking for Ethereum ETFs, Citing Major Investor Gains Representatives from Grayscale Investments convened with members of the U.S. Securities and Exchange Commission’s Crypto Task Force on […]

Key takeawaysAI-powered crypto trading bots use machine learning to make smarter, faster trading decisions — without emotions.Setting up a bot involves choosing a platform, connecting your exchange, configuring strategies and running backtests.Bots can run 24/7, react to data instantly and are ideal for passive income seekers and active traders.While powerful, they’re not “set-it-and-forget-it” tools. You’ll need to monitor performance and tweak strategies over time.Understanding your goals (long-term investing, day trading, etc.) helps you choose the right bot and strategy.Crypto markets move fast and rarely sleep. That’s why AI-powered crypto trading bots are no longer a novelty. These bots use machine…

As the war in Ukraine moves into its third week, if there still is a demand for bitcoin (BTC) and other cryptocurrencies in the Russian and Ukrainian markets, to try to escape sanctions or as an escape route for people to safeguard their funds, this does not seem to have reflections on market prices of cryptocurrencies.Crypto’s volatility over the past week has been expected while many are trying to figure out how to adjust to the geopolitical situation. Last week’s markets saw some buying pressure come from Russia, Ukraine and other parts of eastern Europe, as people are scrambling to…

Bitcoin momentarily climbed to become the world’s fifth most valuable asset, edging past Google’s parent company, Alphabet, in a short-lived but symbolic flip.According to data from CompaniesMarketCap, Bitcoin’s valuation reached approximately $1.87 trillion, just ahead of Alphabet’s $1.859 trillion.The achievement sparked excitement across the crypto industry, with analysts viewing it as a sign of Bitcoin’s growing acceptance in traditional finance.Andre Dragosch, Head of Research at Bitwise Europe, remarked that Bitcoin’s position on the ranking makes it increasingly difficult for institutional investors to ignore in their portfolios. He said:“[It is] becoming harder and harder for asset managers to ignore [BTC].”However, the…

Two Ethereum community members, Kevin Owocki and Devansh Mehta, proposed a dynamic fee structure for the Ethereum application layer to strike a balance between revenue generation for app builders and fairness in fee extraction.The April 27 proposal outlined a simple equation that uses a square root function that proportionally lowers the percentage of fees as the funding capital allocated to a particular project grows. Owocki and Mehta explained:”For smaller funding amounts, the fee follows a square root function (sqrt(1000 x N)), providing proportionally higher returns to make building mechanisms for smaller pools worthwhile. For example, if the funding pool is…

17h05 ▪ 4 min read ▪ by Evans S. While bitcoin stagnates around $94,000, a dissonance is emerging. Institutions, however, seem to shout the opposite: $3 billion injected in one week through Bitcoin ETFs, despite an estimated 40% discount. Such a striking gap raises questions. Why this massive influx when the price seems low? Behind the numbers, a silent battle plays out between apparent discount and strategic conviction. In Brief Bitcoin remains around $94,000, but institutions are investing massively in ETFs. A 40% discount exists between the current price and the estimated value of Bitcoin, judged at $130,000 according to…