Live Feed

BlackRock's Tokenized Fund Listed as Collateral on Binance

BlackRock has successfully listed its USD2.5 billion tokenized fund as collateral on the Binance platform, marking a significant expansion into the BNB Chain ecosystem. This development is noteworthy as it reflects the growing integration of traditional finance with emerging blockchain technologies. The arrangement potentially enhances liquidity for BlackRock's fund while offering Binance users new investment opportunities. The use of tokenized assets signifies a shift toward more innovative financial products, leveraging blockchain's capabilities to streamline transactions and broaden accessibility. This collaboration between a major financial institution and a leading crypto exchange could pave the way for further institutional adoption of cryptocurrencies, emphasizing the ongoing convergence between these two sectors.

Source 🔗

Bitcoin’s Bounce Zone Shattered, Echoes Strategy’s (MSTR) Downtrend

Bitcoin has fallen below a critical support level, breaking a previously reliable bounce zone and reflecting a bearish trend similar to that observed in Strategy (MSTR). This decline, which saw Bitcoin drop nearly 10% over the week leading to November 16, has invalidated a major demand zone and shifts market

Arca CIO Jeff Dorman Hits Back at Critics of Saylor’s BTC Strategy

Jeff Dorman, Arca's CIO, defended Michael Saylor's Bitcoin strategy amid criticism questioning the company's stability during market stress. Notable detractor Peter Schiff claimed that Saylor's company, MSTR, would eventually face bankruptcy and challenged him to a public debate. Dorman countered these assertions,

Ethereum News: Investment Manager Says Market Views ETH as 'More Risky' Than BTC

Ethereum has dipped below the $3,100 mark for the first time since November 4, with a 3.4% decrease in value over 24 hours. Investment manager Timothy Peterson has noted that ether ETFs have experienced net outflows amounting to about 7% of their cost-basis capital over the past five

Read next