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Franklin Templeton Wins SEC Staff Relief for Its $721M Onchain Fund

Franklin Templeton is preparing to put tokenized assets inside its conventional mutual funds and ETFs, Bloomberg reported on Thursday, eight days after SEC staff cleared the firm to hold its $721 million blockchain-based money market fund in those portfolios. Franklin characterizes relief as the first US regulatory clearance for digitally native products inside conventional funds. “It is […]

BTC, ETH, XRP Tumble as Wintermute Builds Heavy Short Positions

Bitcoin’s price suddenly dipped to $75,500 after it failed to remain above $77,000 during the weekend. Most altcoins have followed suit, including the largest ones, which performed a lot better on Friday and Saturday. This volatility, untypical for the weekend, came amid reports that one of the most prominent market makers, Wintermute, had gone short […]

We Asked 3 AIs if BTC’s Bull Run Has Started After the 25% Surge to $80K: The Answers Encouraged Us

The cryptocurrency markets have the tendency to change the overall sentiment and narrative in very short periods of time. Although some might have forgotten about this quality due to the prolonged sluggishness over the past several months, what transpired in just 48-72 hours reminded us of the market’s real nature. Bitcoin’s price stood still below […]

Justin Sun Scores Court Win Against World Liberty Financial

Justin Sun said Thursday that a California federal judge ruled his individual claims against World Liberty Financial will stay in open court, rejecting the Trump-linked project’s push to force the dispute into private arbitration and seal the case from public view. The ruling keeps alive one of crypto’s messiest ongoing legal fights, one that has […]

Altcoins Could See Up to 1,000x Returns Post-Pullback, Analyst Predicts

Altcoins could deliver returns ranging from 10x to 1000x after the latest market pullback, according to analyst Matthew Hyland. He compared the June sell-off with March 2020 and argued that many alts could recover within months rather than years. Hyland Compares June Altcoin Pullback to 2020 Hyland made the comparison on August 21, arguing that […]