Markets
Former Coinbase Executives Introduce Stablecoin-Native Exchange TrueX
TrueX says it caters to rising client demand for truly secure segregation between execution and custody.
Ethereum Is the Microsoft of Blockchains, ETH Underperformance May Reverse Into Year-End: Bitwise
The Ethereum blockchain has the most active developers, the highest number of active users and ether has a market cap that is five times larger than its nearest competitor, the report said.
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B
The largest stablecoin's market cap has almost doubled in two years, while key rivals declined and new entrants have yet to pose a challenge.
Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%
Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.
Fed Rate-Cut Anticipation Weighs on Crypto Markets as Week Kicks Off
PLUS: Sony’s Soneium blockchain is growing, with Circle announcing that USDC will be listed on the chain.
Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says
The key variable for risk assets is the U.S. economy as concerns of a recession linger, crypto investment firm Ryze Labs said.
Polygon's POL (MATIC) Token Spikes 15% on Binance Listing
Polygon introduced last week POL. the upgraded version the network's token, migrating from its longstanding MATIC with some tokenomics changes.
XRP, DOGE Lead Market Gains as Bitcoin Dips Under $58K
XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.
Tokenized Real-World Assets (Excluding Stablecoins) Market Value Hits Over $12B: Binance Research
RWAs continue to experience growth led by tokenized U.S. Treasuries.
