Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month. Source:Cointelegraph
Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts
Bitmine’s Ether staking revenue is an important financial buffer that fills financial gaps and provides recurring revenue streams beyond Ether’s price…
MUFG PoC to bring Japanese government bond repo transactions onchain
MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational…
SEC allows Franklin Templeton funds to invest in onchain money fund
The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund.…
‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje
Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of “onchain finance” but have sacrificed some of…
Binance bStocks passes xStocks as second-largest tokenized stock issuer
Binance bStocks became the secondlargest tokenized stock issuer less than two months after launch, narrowly ahead of Kraken’s xStocks. Source:Cointelegraph
Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode
Bitcoin’s weakness near range highs stems from shortterm holders trying to break even on underwater BTC investments, Glassnode says. Source:Cointelegraph
Securitize falls 16% after earnings miss, tokenization revenue drops
Securitize shares fell 16% from Wednesday’s close after the tokenization platform’s $14.4 million secondquarter revenue missed Wall Street estimates.…
BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter. Source:Cointelegraph
Copper US arm becomes FINRA member, SEC-registered broker-dealer
Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence. Source:Cointelegraph
Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO
Bitwise’s Matt Hougan expects revenuecapture mechanisms to spread across DeFi applications and layer1 networks over the next 12 to 24 months.…
Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer
Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees. Source:Cointelegraph