Author Archives: pdgweb

A February report claimed that Tether had frozen about $4.2 billion worth of its USDt stablecoin allegedly connected to illicit activities since 2023. Read More at https://cointelegraph.com/news/us-prosecutors-recover-usdt-fraud-scheme?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Month over month Bitcoin open interest continues to decline, while BTC options markets highlight balanced demand. Does the data point to reduced institutional investor activity? Read More at https://cointelegraph.com/news/bitcoin-futures-demand-falls-to-2024-lows-are-institutions-exiting-the-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

TD Securities’ Reid Noch sees the exchange’s tokenized-equities plan as a “market structure” moment, a sign that Wall Street is taking tokenization seriously. Read More at https://cointelegraph.com/news/nyse-tokenized-stocks-td-securities-market-impact?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitfinex Securities will restart USDt-denominated bond issuances on Bitcoin’s Liquid Network, following four previous tokenized offerings totaling $6.2 million since 2023. Read More at https://cointelegraph.com/news/bitfinex-relaunches-tokenized-bond-program-on-bitcoin-s-liquid-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Chainlink’s protocol enables Coinbase’s cbBTC to move from Base to Monad, boosting Bitcoin-backed liquidity into the layer-1’s DeFi ecosystem. Read More at https://cointelegraph.com/news/monad-gains-bitcoin-backed-liquidity-through-chainlink-powered-cbbtc-bridge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

While the White House has hosted three meetings to discuss how to address stablecoin yield in the Senate’s market structure bill, there are no signs of a solution. Read More at https://cointelegraph.com/news/united-states-crypto-market-structure-before-midterms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Bitcoin financial services company retired $66.3 million in convertible debt, reducing dilution risk as it expands its BTC rewards business. Read More at https://cointelegraph.com/news/bitcoin-company-fold-pays-off-66m-debt-frees-up-btc-collateral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s return to the $70,000 level proves that buyers are absorbing the bulk of selling, but analysts warn that traders should be patient due to market bottoms taking months to form. Read More at https://cointelegraph.com/news/price-predictions-3-2-spx-dxy-btc-eth-xrp-bnb-sol-doge-bch-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The US-based asset manager debuts a blockchain-enabled structure for its liquidity fund as onchain US Treasurys exposure nears $11 billion. Read More at https://cointelegraph.com/news/northern-trust-enters-tokenized-fund-race-with-blockchain-based-treasury-money-market-share-class?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin short-term holder losses were minimal over the weekend, and the Monday rally to $70,000 suggests the heaviest selling is done. Will Bitcoin finally break the monthly resistance? Read More at https://cointelegraph.com/news/bitcoin-holders-show-zero-panic-as-btc-hits-dollar70k-amid-middle-east-tensions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound