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Ripple and Archax launch tokenized fund on XRP Ledger
Archax has introduced a tokenized version of a money market fund offered by abrdn on the XRP Ledger (XRPL). The development came through a collaboration with Ripple. In a recent press release, the blockchain technology provider shared that the fund consists of abrdn’s $3.8 billion Liquidity Fund (Lux). It is the first of its kind […]Cryptopolitan
Mon, Nov 25
Bitcoin expected to stall until next year as market focus turns to Ethereum
Bitcoin is stuck. The $100,000 milestone that felt inevitable has proven to be a nearly impenetrable fortress. Analysts are already shifting their attention to Ethereum, which is gaining momentum while Bitcoin lags. Over $100 million worth of BTC and ETH positions were wiped out in liquidations across major exchanges, but surprisingly, both assets held their […]Cryptopolitan
Mon, Nov 25
Ex-girlfriend of James Howells reveals she trashed $787M Bitcoin hard drive on his orders
James Howells, the man forever linked to the world’s most infamous lost Bitcoin stash, has a new chapter to add to his saga. His ex-girlfriend, Halfina Eddy-Evans, has come forward to admit that she threw out the hard drive containing bitcoins currently worth over $787 million. However, according to her, she only threw the drive […]Cryptopolitan
Mon, Nov 25
Cardano Founder Breaks His Silence On Wyoming Stablecoin
Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), voiced serious concerns over the Wyoming stablecoin project, highlighting what he perceives as procedural misconduct and unfair exclusion of the Cardano blockchain.
Bitcoinist
Mon, Nov 25
U.S. stocks record $448 billion annualized inflow, largest in history
U.S. equity funds have witnessed record-breaking inflows since January this year. According to a report from Bank of America strategists, the equity funds have registered annualized year-to-date inflows of about $448 billion. The inflows represent the growing investor confidence in the U.S. stock market.Cryptopolitan
Mon, Nov 25
Singapore Gulf Bank plans stablecoin acquisition after seeking the funding of $50M
Singapore Gulf Bank is seeking a $50 million funding round next year and plans to buy a stablecoin payments company. Licensed in Bahrain since February, the bank was set up by the Singapore family office Whampoa Group. According to Bloomberg’s sources, the bank is in discussions with a Middle Eastern sovereign wealth fund and other […]Cryptopolitan
Mon, Nov 25
Coinwire Report: 76% of crypto influencers on X have promoted Memecoins that have now returned to zero
Coinwire research revealed that over 76% of influencers on the X platform had promoted memecoins that are now defunct. According to the report, only 1% of the shilled memecoins had increased 10x in value, and 80% of them dropped by over 70% in the past week.Cryptopolitan
Mon, Nov 25
Bitwise founder and CEO Hunter Horsley says Bitcoin has a lot of room to run
Hunter Horsley, founder and CEO of Bitwise asset management firm, told CNBC that it is still early for investors and Bitcoin has a lot of room to run. According to the executive, the asset is greatly undervalued based on the recent interests it has received from institutions.Cryptopolitan
Mon, Nov 25
Trump’s Treasury Secretary Scott Bessent thinks he is going to change the global economy
Scott Bessent is stepping out from behind decades of hedge-fund desks into the Treasury Secretary’s office with one goal: to leave his fingerprints on the global economy. President Donald Trump has tapped the 61-year-old economic historian turned hedge-fund manager to take the reins at the Treasury Department. If Bessent’s past is any indication, he’s not […]Cryptopolitan
Mon, Nov 25
Cantor’s Howard Lutnick prepares to leave all companies, passes Tether deal to his son
Howard Lutnick, the powerhouse behind Cantor Fitzgerald, is officially stepping away from all his business roles. With his nomination as Commerce Secretary under President-elect Donald Trump, Lutnick is clearing the deck. He’s exiting his leadership positions at Cantor Fitzgerald, BGC Partners, and Newmark to comply with ethics rules. Cantor is handing over a multibillion-dollar deal […]Cryptopolitan
Mon, Nov 25
Investors warn strong US dollar set to hit emerging market bonds
A Financial Times report revealed that investors are concerned about a stronger US dollar under incoming president Donald Trump’s presidency. The report highlighted that investors expect a stronger dollar to disrupt the returns coming from emerging market bonds.Cryptopolitan
Mon, Nov 25
