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Michael Van De Poppe identifies PEAQ, Wormhole, and Ether.Fi as top altcoins to watch while Derivatives tokens surge on Hyperliquid’s success.
The tokenization of real-world assets (RWAs) could eventually bridge trillions of dollars from traditional finance into blockchain ecosystems, according to new research from Web3 investment firm Animoca Brands.
Blockchain interoperability protocol LayerZero has finalized a $110 million acquisition of cross-chain platform Stargate, following an intense, last-minute bidding battle that drew rare multi-protocol competition in the DeFi space.
Japan’s Finance Minister Katsunobu Kato has signaled a supportive stance toward cryptocurrencies, recognizing their role in modern investment strategies despite their volatility.
The U.S. Securities and Exchange Commission has delayed decisions on the Canary spot PENGU ETF and the Grayscale spot Cardano ETF. This marks another pause in the approval process for U.S. exchange-traded funds that provide direct exposure to cryptocurrency prices. The applications aim to expand mainstream participation in crypto investing. However, regulators have chosen to … <a href="https://beincrypto.com/sec-delays-crypto-etfs-decision/">Continued</a>
Share link:In this post: Elon Musk’s xAI sued Apple and OpenAI for allegedly colluding to block AI competition in smartphones and app rankings. The lawsuit says Apple boosts ChatGPT on its devices while suppressing rivals like xAI’s Grok in the App Store. Sam Altman and OpenAI deny wrongdoing and accuse Elon of harassment and manipulation through X.
- 15:11Cardano Foundation Updates Roadmap: Plans to Focus on Supporting Stablecoins and RWA DevelopmentJinse Finance reported that the Cardano Foundation has updated its application roadmap, mainly including: 1. Providing up to eight figures worth of ADA liquidity for Cardano stablecoin projects; 2. Supporting the popularization and liquidity of DeFi through initiatives such as stablecoin DeFi liquidity budgets; 3. Delegating 220 million ADA tokens to new DReps; 4. Launching a real-world asset (RWA) project with a scale exceeding $10 million; 5. Allocating 2 million ADA tokens to the Venture Hub; 6. Expanding promotional activities and application adoption comprehensively. It is reported that the Cardano Foundation will discontinue its current SPO delegation strategy in the coming months and will subsequently delegate tokens to the Cardano Foundation pool.
- 14:36BlackRock earns $260 million in annual revenue through Bitcoin and Ethereum ETFsJinse Finance reported that data shared on Tuesday by Leon Waidmann, Head of Research at the nonprofit Onchain Foundation, shows that BlackRock's bitcoin and ethereum ETFs have a total annualized revenue of $260 million, with bitcoin ETFs contributing $218 million and ethereum products contributing $42 million. Waidmann stated that the profitability of BlackRock's crypto-themed ETFs may drive more investment giants from the traditional finance (TradFi) sector to launch regulated crypto trading products. BlackRock's crypto ETFs have become a "benchmark" for institutions and traditional pension funds. Meanwhile, according to blockchain data from Dune, BlackRock's total assets under management (AUM) have approached $85 billion, accounting for 57.5% of the US spot bitcoin ETF market share, firmly ranking first. In contrast, an ETF from another exchange holds only $22.8 billion in assets, ranking second in the US spot bitcoin ETF market with a 15.4% market share.
- 14:29Revolut: Will invest $13 billion over five years to support its international expansionJinse Finance reported that digital banking giant Revolut announced on Tuesday that it will invest $13 billion over five years to support its international expansion, aiming to compete with traditional global banks. The company stated that it plans to create 10,000 jobs and enter more than 30 new markets by 2030. (barrons)