Author: NBTC
On October 29, 2024, The Boston Consulting Group, Aptos Labs, and Invesco published a Whitepaper with the title Tokenized Funds: The Third Revolution in Asset Management Decoded. Although the title is interesting and potentially thought-provoking, is there any truth in it? Is fund tokenization the next step in financial evolution, and if so, to what end? According to the White Paper, fund tokenization (which they call the third revolution in asset management) offers the potential to create billions of dollars of value for both financial institutions and end investors. It claims that in late 2024, tokenized funds had secured more…
The XRP Ledger (XRPL) is set to receive an upgrade aimed at resolving a network issue. The primary issue that prompted this upgrade involved full history (FH) nodes failing due to an SQLite restriction in page sizing. Vet, an XRP dUNL validator, shared this development in an X post. According to Vet, the fix for the XRP Ledger Full History Servers issue has been merged in an official rippled release of the XRPLF Repository – rippled 2.2.3, which is now available for installation. The fix for #XRP Ledger Full History Servers is merged in an official rippled release of the…
Fundstrat’s Tom Lee is issuing a warning that financial markets should be navigated with caution until the 2024 US election concludes. In a new interview with CNBC, Lee says that investors may receive a better chance to go long in the coming weeks. “I think investors should be cautious… For the next eight weeks… It’s been up seven out of the eight months this year, so we know it’s an incredibly strong market… I think in the next eight weeks, people will get a chance to buy. So I’d say be cautious but ready to buy that dip.” When pushed…
Investors are withdrawing from TBILL, showing a demand for accountability and transparency in tokenized securities. TBILL dominates the market with a robust asset value of $99.5 million, reflecting strong growth amid investor concerns. OpenEden’s swift action against allegations highlights the urgent need for improved safety and integrity in the crypto industry. Reports indicate a $37 million redemption from TBILL shifting in investor sentiment. This trend reveals a growing demand for values and accountability in the organizations they support. Despite the challenges, the overall market for tokenized government securities continues to expand. Investors are fleeing, $37M redemption on TBILL Though our…
Someone recently paid 26,000 XRP ($15,315 at current prices) in order to send just 0.15 XRP. As noted by Vet, operator of the XRP Ledger dUNL Validator, the mishap likely involved a developer whose script ended up bugging out due to bad code. Normal users of apps of the likes of Xaman, a non-custodial wallet for the XRP Ledger, cannot experience such incidents since far-finger errors are supposed to be automatically prevented. As reported by U.Today, a Bitcoin user paid $47,000 to send an insignificant transaction back in November 2020. Back then, the block with the massive fee was produced…
In a recent social media post, prominent commodity trader Peter Brandt named three main reasons why Bitcoin bulls should be worried. For starters, he mentioned that the largest cryptocurrency has been forming a series of lower highs and lower lows. This is a bearish signal that typically indicates waning market optimism. Such a formation can often be interpreted as a trend reversal. As noted by Brandt, the downward slope of lows “shows a lack of energy.” It is worth noting that a downward slope is typically indicative of a downtrend. Finally, Brandt, who is considered to be one of the…
In a recent update on X, financial educator and “Rich Dad, Poor Dad” author Robert Kiyosaki delivered a serious warning regarding the U.S. banking sector. According to Kiyosaki, a serious crash in the banking industry has already begun, marked by the recent closure of an Oklahoma bank. He cautions that both bonds and the commercial real estate markets are at high risk of following the banking sector into a downturn, underscoring his long-standing concerns about the state of the financial system. Banking crash has begun. Oklahoma bank shuts its doors. Watch out bonds and commercial real estate markets next to…
Cryptocurrency analysis company Santiment shared the artificial intelligence altcoins that crypto developers have focused on most in the last 30 days. In the newly shared list by Santiment analysts, it is noticeable that the first-ranked altcoin has changed. In the new list, the altcoin that cryptocurrency developers have focused on the most in the last 30 days is Oasis Network (ROSE). In the previous list, NEAR Protocol (NEAR) was in first place. NEAR fell to second place on the new list. Artificial intelligence altcoins reached the peak of their popularity, especially during the period when ChatGPT came to the fore,…
Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst also provides a silver lining to his bearish outlook, anticipating a major rebound after the decline. Bitcoin May Be Headed For A $40,000 Crash A crypto analyst known as ‘Magog PhD’ took to X (formerly Twitter) on September 1 to share a unique encounter he…
In the past seven days, the NFT market has shown impressive activity across various projects. According to data from Crypto Slam, DMarket leads the pack with a remarkable sale volume of $5,734,892. This indicates a strong demand for digital assets within the platform. Guild of Guardians Heroes Rakes in $3.28M in NFT Sales, Following DMarket Right behind it is the Guild of Guardians Heroes that reported $3,284,237 in sales. This NFT gaming project keeps on trending within the players and collectors as the integration of games and blockchains carries on. Likewise, ApuApustajas has grossed $2,660,986 in sales while still enjoying…