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Finance

Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization

The UK-regulated digital asset platform has integrated Stellar into its tokenization tool and launched the Aberdeen tokenized money market fund on the network.

Raja Chakravorti, chief business officer at Stellar Development Foundation on CoinDesk TV (CoinDesk)

Markets

Insurance Against Price Slides in BlackRock's Bitcoin ETF Now Costliest Since April Crash

Protection against price drops in BlackRock's spot bitcoin (BTC) ETF, IBIT, is now at its priciest since the early April market slide.

FastNews (CoinDesk)

Markets

Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies

The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.

Celsius and Core Scientific hope to raise millions via mining rig vouchers (alvarez/Getty Images)

Finance

BTCS to Pay First-Ever Ether Dividend, Loyalty Bonus to Discourage Short Selling

Shareholders can opt for a $0.05 per share in ETH or cash dividend plus a $0.35 reward for moving shares to book entry for at least 120 days.

Digitally rendered Ethereum logo (Unsplash)

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Markets

Ether Market May Become More Exciting Below $4.2K. Here Is Why.

Crypto traders should be cautious of ether prices dropping below $4,200, which could lead to significant long liquidations and increased market volatility.

ETH faces volatility risk below $4.2K. (TheDigitalArtist/Pixabay)

Markets

Dogecoin Sellers in Control as Monero Attacker Votes to Target DOGE; Bitcoin Below $116K

The AI-focused blockchain project Qubic announced the community's intention to target Dogecoin on X.

Target (CoinDesk Archives)

Markets

Brevan Howard, Goldman Sachs and Harvard Lead Billions in Bitcoin ETF Buying Spree

Institutions ramped up BTC exposure in Q2 through spot ETFs like IBIT and crypto-linked stocks, signaling growing comfort with the asset class.

Trondheim, Norway (simowilliams/Unsplash)

Markets

Chainlink's LINK Outperform Top 50 Tokens, as Analyst Calls It 'Very Undervalued’

LINK surged 18% to $26.05, outpacing peers as analysts highlight undervaluation, strong chart signals and Chainlink’s August product announcements.

LINK climbed from about $22 to $26, breaking above $24.50 on heavy volume

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Markets

Altcoins, Stablecoins, Tokenized Stocks Drove July’s Crypto Gains, Binance Says

The crypto market cap rose 13% in July with ether leading altcoins higher, stablecoins overtaking Visa and tokenized stocks surging 220%, Binance Research said.

Two large stacked blocks displaying Binance's logo at a trade show.

Markets

This Is the 'Best Investment Environment Ever', Says BlackRock’s CIO of Global Fixed Income

Rick Rieder cited strong earnings, high yields and low volatility as drivers of today’s favorable investing climate, while warning complacency remains a risk.

BlackRock sign outside San Francisco office building