Franklin Templeton has officially expanded its tokenized money market fund to Solana, adding to its growing presence in the cryptocurrency space. The asset management giant, which has already made strides in crypto with the launch of spot Bitcoin and Ethereum exchange-traded funds, now offers its Franklin OnChain U.S. Government fund (FOBXX) on Solana (SOL). According […]

The contrast between institutional appetite and retail sentiment in crypto presents a massive opportunity, according to Matt Hougan, Chief Investment Officer at Bitwise. In a note to clients on February 12, Hougan highlighted what he called a “fascinating dichotomy” in crypto markets. This refers to the bullish demand from institutional investors versus the bearish perception […]

The Swiss stock exchange group SIX has launched a new Digital Collateral Service, enabling financial institutions to use cryptocurrency assets alongside traditional securities as collateral. This new offering aims to simplify collateral management, reduce operational complexity, and improve risk management, according to the company’s official announcement. SIX, one of Europe’s largest triparty agents, will initially […]

Ethena’s recent token unlock of 7.93 million tokens, which represents just 0.25% of its total supply, took place on February 12, but surprisingly, it did not lead to any significant downward price movement. The unlocked tokens amounted to a small portion of the total supply, with 65.66% still locked. Despite the release, the price of […]

Bitcoin is currently consolidating within a price range of $90,000 to $110,000, and traders are closely watching the upcoming release of the U.S. Consumer Price Index (CPI) data, set to drop today at 13:30 UTC. The report is expected to show a modest 0.3% increase in January’s CPI, a slight decrease from December’s 0.4% rise. […]

XRP has seen a notable downturn this month, transitioning from a strong bull run to a bear market, with a price drop of almost 30% from its January highs. As of now, XRP is hovering around the $2.43 level, having faced a severe crash. Several factors are contributing to the current bearish outlook, including a […]

Changpeng “CZ” Zhao, the former CEO of Binance, recently weighed in on the state of the blockchain and crypto industry, urging industry participants to focus more on developing decentralized applications (dApps) instead of creating new blockchain networks. His statement was in response to a post by Messari researcher @defi_monk, which highlighted a troubling trend: many […]

Phoenix Group, a cryptocurrency mining firm based in Abu Dhabi, has seen its revenue soar by 236% in 2024, reaching $107 million in Bitcoin mining revenue, compared to $32 million in 2023. This growth is part of the company’s broader global expansion and adaptation to industry challenges. The company’s total revenue for 2024 reached $206 […]

B3 is a layer-3 gaming network built on Base, a Coinbase-incubated Ethereum layer-2 blockchain, designed to support the next generation of blockchain gaming. It is a platform that focuses on enabling developers to launch customized “gamechains” tailored specifically for individual games. This allows for a more specialized experience for each game, while B3 serves as […]

On February 11, Bitcoin exchange-traded funds (ETFs) in the U.S. experienced continued outflows, as the price of Bitcoin (BTC) briefly dipped below $95,000. Spot Bitcoin ETFs saw a total of $56.76 million in net outflows, extending the negative trend from the previous day, which saw $186.28 million in outflows. This marks the second consecutive day […]