Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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BlockDAG’s MIT & Harvard Legends Propel Presale to Over $63.9M—Is It The Top Crypto to Invest in Over Polygon Tokenized Asset & Render Price?
In the whirlwind world of cryptocurrencies, some projects just scream “top-tier investment,” promising a cocktail of decentralized innovation and juicy returns. At the front of this exhilarating race is BlockDAG, driven by the brilliant Antony Turner and a squad of M.I.T. and Harvard whizzes. Their presale game is nothing short of legendary, having raked in a staggering $63.9 million in under 21 stages and selling nearly 12.5 billion coins. Meanwhile, Polygon is making waves with its tokenized asset surge, and…
10 months ago
VanEck CEO Owns ‘Way Over 30%’ In Bitcoin, Asset Manager Sees $2.9M Price By 2050
During the 2024 Bitcoin Conference in Nashville, Tennessee, Jan van Eck, CEO of global asset manager and Bitcoin exchange-traded fund (ETF) issuer VanEck, made headlines with his revealing comments about his personal Bitcoin holdings. Van Eck Reveals Personal BTC Holdings During his appearance at the conference, Van Eck began by sharing his perspective on Bitcoin’s growth and evolution over time, likening it to a “teenager” that is not yet fully formed, as many investor classes have not yet joined the…
11 months ago
JD Taps into Hong Kong’s Digital Asset Hub with New Stablecoin
The post JD Taps into Hong Kong’s Digital Asset Hub with New Stablecoin appeared first on Coinpedia Fintech News Jingdong Technology Group’s subsidiary, Jingdong Coinlink Technology, has announced plans to launch a stablecoin pegged to the Hong Kong dollar at a 1:1 ratio. This stablecoin will be issued on public blockchains like Ethereum (ETH) and Solana (SOL). The Chinese e-commerce giant aims to create a highly liquid stablecoin with verifiable reserves. Regular disclosures and audit reports will ensure transparency. Jingdong…
11 months ago
ORIGYN Launches on LBank: Revolutionizing Real World Asset Certification
Neuchâtel, Switzerland, July 24th, 2024, Chainwire ORIGYN, the premier Real World Asset (RWA) protocol, has officially launched on LBank, marking a significant milestone in the blockchain and asset certification industry. With its advanced technology and innovative approach, ORIGYN is set to redefine the standards of asset verification and authenticity across various sectors. Decentralized and Neutral Protocol ORIGYN operates as a decentralized RWA protocol, backed by a Swiss foundation. This structure ensures that the protocol remains neutral and accessible to all,…
11 months ago
Last Week’s Crypto Inflows Surge to $1.35 Billion: Which Digital Asset Led the Charge?
The global crypto investment market has witnessed a significant influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest data from CoinShares, digital asset investment products have seen an additional $1.35 billion in net inflows last week. This recent injection of funds has brought the total for the current positive streak to $3.2 billion. The fact that money has been flowing to this extent is a testament to the amount of steam behind…
11 months ago
Fidelity Investments Expands Digital Asset Offerings To Include ‘Litecoin’
The post Fidelity Investments Expands Digital Asset Offerings To Include ‘Litecoin’ appeared first on Coinpedia Fintech News Fidelity Investments has expanded its digital asset offerings to include Litecoin (LTC), alongside Bitcoin and Ethereum. Litecoin is going strong with its performance compared to other cryptocurrencies, as it surpassed Dogecoin in transaction volume, averaging $2.85 billion in transactions over $100,000 daily, despite Dogecoin’s larger market cap. Currently, Litecoin trades at $72.9, with a 3.58% rise in the past 24 hours. Fidelity’s inclusion…
11 months ago
Fidelity Investments Expands Digital Asset Offerings To Include ‘Litecoin’
The post Fidelity Investments Expands Digital Asset Offerings To Include ‘Litecoin’ appeared first on Coinpedia Fintech News Fidelity Investments has expanded its digital asset offerings to include Litecoin (LTC), alongside Bitcoin and Ethereum. Litecoin is going strong with its performance compared to other cryptocurrencies, as it surpassed Dogecoin in transaction volume, averaging $2.85 billion in transactions over $100,000 daily, despite Dogecoin’s larger market cap. Currently, Litecoin trades at $72.9, with a 3.58% rise in the past 24 hours. Fidelity’s inclusion…
11 months ago
Zivoe Set to Launch Real-World Asset Credit Protocol on Mainnet
Zivoe, a leading real-world asset (RWA) credit protocol, is set to make huge strides in the RWA financial sector with the introduction of its mainnet launch. Scheduled for July 31, the launch represents a key milestone for Zivoe as it enables the democratization of credit access through blockchain technology. Zivoe’s mission is to establish broad access to the credit market for by linking real-world borrowers with on-chain liquidity. The team will focus on issuing on-chain loans to a strategic lending…
11 months ago
Lumia Introduces Layer 2 Solution to Boost Real World Asset Liquidity
Layer 2 network Lumia has released a new layer 2 (L2) network for Real World Assets (RWAs). This is to improve onchain liquidity, access and enable new use cases for tokenized assets. The Lumia network is a modular L2 rollup for RWAs. This allows for the issuance of tokenized assets that represent real estate, commodities, art, equities and financial indexes. By onboarding physical assets into digital finance, Lumia is connecting the physical with the digital, making tokenized assets more accessible and…
11 months ago