Institutions Driving Tokenized RWAs Market’s Breakout Phase, Kucoin Executive Says
A senior Kucoin executive says institutional adoption is the key driver behind the rapid growth of the tokenized real-world asset (RWA) market. The executive believes the recently passed GENIUS Act could double the RWA market cap to $50 billion by year-end. Institutional Adoption: The Primary Catalyst According to Tika Lum, head of global business development […] Powered by...
Bitcoin Hits Two-Month Low Amid $126M ETF Outflows and Bearish Pressure
Bitcoin extended its decline into September, falling to $107,290—its lowest level in two months and nearly 14% below its August 14 all-time high. Analyst Sees Bull Market Ahead Bitcoin ( BTC) continued its losing streak from the weekend into Monday, Sept. 1, dropping to $107,290, its lowest price in two months. Since reaching a new […] Powered by...
Regulated Crypto Fund Gains Momentum as Institutional Interest Surges
A regulated Swiss crypto bank and a Nasdaq-listed digital asset firm just unleashed a powerhouse fund in Hong Kong, targeting institutional demand with aggressive crypto equity exposure. Swiss-Regulated Crypto Bank Teams With Nasdaq-Listed Firm on Hong Kong Fund Launch Amina Bank AG, a Swiss crypto bank regulated by the Swiss Financial Market Supervisory Authority, revealed […] Powered by...
El Salvador Moves Bitcoin for Safety Purposes: Is a Selloff Coming?
The Bitcoin Office of El Salvador reported that these movements would be an answer to quantum computing developments, which have the potential to break bitcoin’s encryption. Nonetheless, analysts believe that this might be a preparation for a possible sale. El Salvador to Move Bitcoin to Face Hypothetical Quantum Threats, but Some Anticipate a Selloff El […] Powered by...
Tokyo Giant Gumi Gears up for Major XRP Buy With Global Finance Play in Sight
A Tokyo-listed firm is gearing up for a major XRP purchase to accelerate global finance expansion, targeting remittance dominance and ecosystem-driven revenue growth through blockchain integration. Gumi Aligns With SBI, Eyes XRP-Led Revenue Surge in Global Financial Web Gumi Inc., a company traded on the Tokyo Stock Exchange Prime Market, announced on Aug. 29 that […] Powered by...