BlackRock-backed Securitize slides 40% after SPAC debut despite tokenization boom
The decline fits into a pattern of recentlypublic digital asset companies sliding after debut, Arca's Jeff Dorman said. Source:CoinDesk
SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion. Source:CoinDesk
Bitcoin bulls battle for $63K as Micron stock eyes 10% drop in US chip sell-off
Bitcoin came off twoweek highs while US stocks dipped and John Bollinger described BTC price action as "at a critical point." Source:Cointelegraph
Analysts see more upside for SpaceX as post-IPO research begins
Major brokerages initiated coverage on Tuesday with mostly buy ratings following the company's $75 billion June IPO. Source:CoinDesk
Vanguard opens search for digital assets leader in sign of evolving crypto strategy
The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets. Source:CoinDesk
AI trade loses steam as infrastructure boom faces reality check
Record earnings, rising competition and concerns over slowing AI spending are forcing investors to reassess one of the market's biggest trades. Source:CoinDesk
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source:CoinDesk
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past…
Bitcoin stalls as open interest decline raises questions about rally's staying power
BTC retreated from a twoweek high of $64,500 as falling open interest and weak spot demand cast doubt on the sustainability of July's 8.4% advance.…
Bitcoin can fall below $58K if one of its 'cleanest' metrics copies history: Analysis
Bitcoin NUPL metric data suggested that BTC price action should make new cycle lows in order to preserve historical patterns. Source:Cointelegraph
Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play
The product, called BTC Yield, is designed exclusively for people who already hold bitcoin. Source:CoinDesk
Bitcoin's recent macro relief faces a challenge from Japanese interest rates
Japanese bond yields continue to rise, lifting their U.S. counterparts and posing a potential headwind for risk assets. Source:CoinDesk