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The Bullish Exchange Soars on NYSE Debut With $13.2 Billion Valuation

Tom Farley, the former president of the prominent New York exchange and now the CEO of Bullish, saw his new endeavor achieve impressive results following its public listing. The Peter Thiel-backed exchange is joining industry counterparts in a growing list of crypto corporations that are gaining access to traditional stock markets and indexes. Star Premiere […]

$76B Fiat Flood into Crypto Sends Strong Market Signal

The stablecoin market is witnessing a remarkable surge. Billions of fresh capital are potentially setting the stage for increased trading activity and asset appreciation. USDT and USDC’s combined growth means investors are positioning for further upside across the crypto market. Billions in Fiat Pour Tether’s USDT saw its market cap climb from $120 billion before […]

BNY to Become Custodian of OpenEden’s Tokenized US T-Bills Fund

The oldest bank in the United States will become the primary manager of a fund for digitized treasury bills, spearheaded by a prominent RWA tokenization platform. The entity has already achieved several notable milestones and advancements in the DeFi space, and this latest accomplishment is another testament to their commitment. A Modern Twist to Treasury […]

Bitcoin Bounces Back This Week, But Glassnode Sees Trouble Ahead

The blockchain analytics firm Glassnode shared its weekly report, which features various key metrics and on-chain data related to the leading cryptocurrency. Spot Metrics The spot price rebounded strongly over the past week, after re-testing the sub-$114,000 level and climbing back towards $121,000. This brought momentum back into the spot market, with several sectors showing […]

Bitcoin Dominance Drops Below 60% as Altseason Signals Flash

Bitcoin dominance has fallen to its lowest level since January, dropping this week as Ethereum approaches its all-time high. The metric, which measures Bitcoin’s crypto market share, has been trending downward since late June when Ether started to wake up. Since then, it has declined by 10% sparking renewed calls for altseason, which usually comes […]

Ethereum’s Corporate Treasuries Exploded 127% in July Amid Capital Rotation: Binance Research

Bitcoin maintained its role as the market’s anchor asset in July, to a fresh record of $123,000. Its performance, however, coincided with a notable change in market structure as investor capital flowed aggressively into altcoins. According to Binance Research’s market insights shared with CryptoPotato, Bitcoin’s dominance fell by 5.2% to 60.6%. During the same period, […]