Tokenized U.S. Treasury Market Grows Nearly 600% to $698M as Crypto’s RWA Race Intensifies
Tokenized versions of U.S. Treasuries grew nearly seven-fold so far in 2023 as competition between investment offerings and blockchain venues intensified.
Markets
Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares
Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million.
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.
Sam Bankman-Fried Started Buying Solana’s SOL at 20 Cents Using ‘Alameda Profits,’ He Says at His Trial
“I believed the funds came from Alameda’s operating profits” as well as third-party lenders, he testified Friday at his fraud and conspiracy trial.
Bitcoin’s 14% Weekly Gain Signals ‘End of an Era’ as Big Tech Dumps, Analyst Says
Bitcoin’s advance this week coupled with gains across all digital asset sectors, highlighting the breadth of the crypto rally.
Bitcoin Catches Market Cap of Elon Musk’s Tesla Amid ETF-Fueled Rally, but Traders Cautious Ahead of Fed Meeting
The Fed is widely expected to hold rates steady next week, but traders will be watching for signals about future policy moves.
First Mover Americas: Bitcoin and Ether Options Activity Hits $20B
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research
Koreans trade differently to the rest of the world, market data shows.
Bitcoin Surges to All-Time Highs in Turkey and Nigeria
Massive inflation and sliding purchasing power of national fiat currencies has likely boosted demand for bitcoin.
Bitcoin and Ether Options Activity Soars to Historic Highs of $20B Amid ETF Hype
Deribit options open interest (Laevitas)