Author: NBTC
FED Chairman Jerome Powell made new statements about interest rates and tariffs. Speaking at the ECB Central Banking Forum, organized annually by the European Central Bank (ECB) and held in Sintra, Portugal, the Fed President said that the US economy is in good shape and inflation is moving towards the 2 percent target. Jerome Powell said the U.S. economy is in solid shape and inflation is moving as expected when excluding the effects of tariffs. He stated that the FED paused interest rate cuts to see the impact of the tariffs and that waiting was the right approach as long…
Pump.fun plans to share 25% of platform revenue with holders of its token, threesources familiar tell Blockworks. The team allegedly told insiders about the arrangement leading up to its public announcement, multiple people said. Earlier Wednesday, pump.fun said that the initial coin offering for its PUMP token would go live on Saturday, July 12. Dragonfly Capital’s Haseeb Qureshi posted on X regarding the PUMP revenues, noting that it’ll be “one of the highest gross revenue tokens in crypto.” Loading Tweet.. In June, 6th Man Ventures’ Mike Dudas told Blockworks’ Lightspeed podcast: “So I would imagine there’s going to be some…
There’s only one way to truly represent securities on-chain, and that’s through “native” tokenization, Carlos Domingo, CEO of BlackRock-backed digital asset securities firm Securitize, told Decrypt on Thursday. That distinction could become more important, as firms’ experimentation with security-based tokens potentially leaves investors confused—a concern raised by the U.S. Securities and Exchange Commission earlier this week. A stock that’s natively tokenized on Ethereum, for example, would carry the same set entitlements that investors receive when purchasing stock through traditional means, like voting or dividend rights, Domingo said. Natively tokenized assets also have no counterparty risk, while avoiding any fragmentation issues,…
Bitcoin Could Retreat to $100K, Technical Signals: Sign of Weakening Momentum According to technical analyst Omkar Godbole, the BTC price could rally outside the ascending channel and test the key support level at $100,000. Bitcoin, the cryptocurrency with the highest market value, was trading at $109,500 at the time of writing, according to Binance TR data, testing the ascending trend line stretching from $75,000 to above $110,000. According to TradingView data, price action has struggled to gain upward momentum over the past 24 hours. Despite reports that the Trump family-owned media company was planning to buy $3 billion worth of…
An investor holding $2.2 million in Ethereum started moving the coins on Monday after leaving them untouched for nearly 10 years, blockchain data shows. The holder originally received the 900 ETH at the address in 2015 when the coin was priced at less than 50 cents. Those were “genesis” coins, digital tokens created during the first block of Ethereum. Before transactions took place on Ethereum, early contributors and developers to the project received “pre-mined” ETH—when it was worth pennies. The latest move is one of several involving large amounts of crypto from long-time holders. In April, a long-term Ethereum whale…
Crypto exchange Coinbase rallied briefly, then dove 2.1% while reeling from the dual blow of U.S. Supreme Court decision on Monday and a fund rebalancing that saw Cathie Wood’s ARK Invest unload $95 million worth of shares. The company’s shares were recently trading for $345.79, down 2.1% in midday trading. The Supreme Court declined to hear Coinbase’s appeal in Harper v. Faulkender, which would have challenged a “John Doe” summons from the IRS to review user transaction data—without identifying who or what it’s looking for. Coinbase and privacy advocates were hoping the high court would revisit its “third-party doctrine” and…
Key Insights: Algorand controls over 77% of the tokenized stock market, thanks to one major asset: EXOD. Ethereum, Base, and Arbitrum are growing faster, with dozens of new assets launched. If Algorand doesn’t diversify soon, it could fall behind in the tokenized stocks race. Tokenized stocks are becoming one of the hottest new trends in crypto. Chains are racing to bring traditional assets like equities and ETFs onto the blockchain, promising faster trades and round-the-clock access. And while Algorand was one of the first to take the lead, new data suggests that the lead may already be slipping. Algorand’s Big…
Japan-based real estate investment firm GATES Inc. announced plans to tokenize $75 million worth of income-generating properties located in central Tokyo. The company will carry out this step through its blockchain network called Oasys, thus aiming to facilitate foreign investors’ access to the Japanese real estate market. Following this development, the total trading volume of Oasys (OAS) on the exchanges increased by 25% in the last 24 hours. GATES said Thursday that this move is just the beginning. Over the long term, the company aims to tokenize $200 billion worth of assets, equivalent to 1% of Japan’s $20.5 trillion real…
After tagging a local top near $110,800 earlier this week, the Bitcoin price today is hovering near $108,750, reflecting mild intraday pressure. While the broader uptrend remains intact, the recent pullback has brought short-term caution into focus. With key indicators flashing mixed signals, traders are closely watching the $108K–$110K zone for clarity on Bitcoin’s next leg. BTC price analysis (Source: TradingView) The current Bitcoin price action comes after a strong upside breakout from the $95K–$100K range, where buyers established a solid base. But as price now trades beneath a short-term triangle resistance, momentum appears to be fading into consolidation. The…
Institutional digital asset investment vehicles have enjoyed over $18 billion in inflows over the last twelve weeks, according to crypto asset management firm CoinShares. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that inflows into institutional crypto investment vehicles in the last twelve weeks have pushed assets under management (AuM) to new all-time highs. “Digital asset investment products recorded inflows of US$1.04bn last week, marking the 12th consecutive week of inflows, which now total US$18bn. Price gains over the week pushed total assets under management (AuM) to a new all-time high of US$188bn. Trading volumes reached US$16.3bn,…