Business

Sky’s Keel kicks off $500M investment campaign to boost tokenized RWAs

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Keel, an onchain capital allocator of the Sky ecosystem with a focus on Solana SUN$131.38has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to increase Solana’s footprint in decentralized finance. The initiative, called the “Tokenization Regatta” and announced at Solana Breakpoint in Abu Dhabi, aims […]

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Revolut and Trust Wallet launch instant crypto purchases in the EU with a focus on self-sufficiency

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Fintech giant Revolut and Binance-owned Trust Wallet announced Thursday that they are teaming up to make crypto purchases faster and easier for European users without giving up control of their assets. The two companies are launching an integration that lets Trust Wallet users buy crypto using RevolutPay, debit or credit cards, and bank transfers, according

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BTC, Nasdaq Futures Fall as Oracle Earnings Stoke AI Bubble Fears

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Risk assets are under pressure Thursday despite the Fed’s rate cut, with Oracle’s earnings miss piling up alongside the central bank’s hawkish guidance. Bitcoin BTC$90,228.93the leading cryptocurrency by market cap, is trading near $90,000, representing a 2.8% drop over 24 hours, according to CoinDesk data. Futures linked to Wall Street’s tech heavy index, Nasdaq, have

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Investors are looking for countercyclical value in privacy coins

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Welcome to our institutional newsletter, Crypto Long & Short. This week: Insights by Carter Feldman of Psy Protocol on where investors are chasing value in bear markets A mood check on ETH’s whirlwind year by Andy Baehr Top headlines institutions should read by Francisco Memoria “ETH DAT Flows vs. ETH Price” in Chart of the

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Expansion beyond crypto to AI accelerates with QVAC Health App

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Tether, the company behind the $186 billion USDT stablecoin, is moving beyond its crypto roots with a privacy-focused health and wellness app. On Wednesday, the company launched QVAC Health, built on its AI development platform and designed to bring control to users tracking their fitness, nutrition and biometric data across devices. The app lets users

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Winklevoss-backed Gemini wins CFTC approval to offer US prediction markets

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Gemini Space Station, Inc. (GEMI) said its affiliate Gemini Titan, LLC has received approval from the US Commodity Futures Trading Commission (CFTC) to operate as a Designated Contract Market (DCM), allowing the firm to offer regulated prediction markets to US clients, according to a press release issued on Wednesday. According to the release, Gemini first

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Why is crypto down today? ETH, SOL, DOGE Fall After Bitcoin Early Week Breakout

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Bitcoin BTC$90,326.39 fell toward $90,000 on Thursday as crypto markets pared much of Tuesday’s rally, with broad risk appetite dampening despite the Federal Reserve delivering a widely expected rate cut and restarting Treasury purchases. Major tokens extended weekly losses and more than $514 million in leveraged positions were wiped out over the last day as

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Bitcoin, Ether Drop Leads To $370 Million In Long Liquidations

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Crypto markets absorbed one of their biggest leverage resets in weeks in the past 24 hours, with more than $514 million in positions liquidated over 24 hours, as a sharp intraday swing triggered forced selling across major derivatives venues. Data from CoinGlass shows that longs accounted for $376 million of the total, nearly three times

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