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German state-owned development bank NRW.BANK has issued a €100 million ($116.7m) blockchain-based bond, marking one of the largest public-sector moves yet into digital securities in Europe.The two-year bond was issued on the Polygon blockchain and registered using the infrastructure of Cashlink Technologies, a BaFin-licensed crypto securities registrar. This is the
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Today’s Crypto for Advisors newsletter is written by me! Join me as I reflect on the growth of the crypto industry. Then, Kim Klemballa from CoinDesk Indices answers questions on advisors' minds when it comes to pricing and benchmarking the asset class in “Ask the Expert.”I hope you enjoy our
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Polkadot's DOT surged as much as 5% in the last 24-hours, climbing from $3.52 to $3.70 as bulls dominated the session, according to CoinDesk Research's technical analysis model.The model showed that a key breakout occurred at 19:00 on July 9, with DOT spiking to $3.63 on heavy volume of
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Cryptocurrency miner BIT Mining is shifting its focus to Solana with plans to raise up to $300 million to acquire SOL tokens.BIT Mining said it wants to "capture emerging opportunities across the broader blockchain" industry and attract investors seeking exposure to Solana in an announcement on Thursday.The company's New York
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Video-sharing platform Rumble (RUM) struck a deal with crypto payments provider MoonPay for its forthcoming cryptocurrency wallet, the company told CoinDesk on Thursday.The Rumble Wallet, scheduled to go live in in the third quarter, will integrate MoonPay’s infrastructure to handle seamless conversions between digital assets and fiat currency, and will
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The Reserve Bank of Australia (RBA) will explore the development of wholesale tokenized asset markets alongside an array of industry participants."Project Acacia" will use stablecoins, pilot wholesale central bank digital currency (CBDC) and bank deposit tokens in 24 use cases of tokenizing a range of asset classes, such as fixed
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Bitcoin broke out of its recent very tight trading range during U.S. Wednesday afternoon hours, threatening to topple its May record of $112,000.The largest crypto briefly notched a new record in U.S. dollar terms on some exchanges including Binance, Coinbase and Bitstamp, before retreating towards $111,000. However, price data
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Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the past month, reflecting rising interest in altcoin-backed investment products despite the outsized dominance of bitcoin and ether in ETF markets.The Solana REX-Osprey SOL + Staking ETF (SSK), which launched July 2,
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Monad Foundation, the organization behind high-speed layer-1 blockchain Monad, is acquiring stablecoin infrastructure platform Portal Labs in an effort to scale up blockchain-based payments.Monad said the acquisition will accelerate its push into the stablecoin space and improve tools available for developers and fintechs building with digital dollars. Monad is a
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Bitcoin surged to $109,343 on July 9, up 0.8% over the prior 24 hours, according to CoinDesk Research's technical analysis model. In a Truth Social post at 10:00 a.m. ET, Trump declared that the U.S. federal funds rate is “at least 3 points too high,” referring to a 300 basis
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