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On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly within stocks, is taking hold.According to the announcement, Backed will deploy the stocks as TRC-20 tokens. Previously,
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Cameron and Tyler Winklevoss, co-founders of cryptocurrency exchange Gemini, said they had sent more than $21 million worth of Bitcoin to a political action committee (PAC) with the expressed intention of helping US President Donald Trump’s crypto agenda with a Republican majority in Congress.In a Wednesday X post, Tyler Winklevoss
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Rivers of Fate (Pssica), a four-part Brazilian series filmed in Pará and adapted from Edyr Augusto’s novel, follows three interconnected storylines set against the violent backdrop of the Amazon rivers. Janalice (Domithila Catete), a 15-year-old teenager whose private life is exposed, becomes vulnerable to abuse and is eventually caught in
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Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC).In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate
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Key takeaways:XRP confirms a bearish descending triangle on the daily chart, risking an 18% drop to $2.40.Declining daily active addresses signal reduced transaction activity and cooling demand for XRP.Spot taker CVD remains negative, suggesting waning investor demand.XRP (XRP) traded 23% below its multi-year peak of $3.66, and a convergence of
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Bitcoin is trading almost $11,000 below its Aug. 14 record, according to CoinDesk data, but FalconX’s head of research says the market’s internal structure still looks “extremely bullish.”In a post on X on Wednesday, analyst David Lawant pointed to what happens in bitcoin’s order book — the live record of
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Key points:Bitcoin’s drop has resulted in net outflows from BTC ETFs on Tuesday, but buyers are likely to step in and arrest the decline near $110,530.Ether bulls are trying to flip the $4,094 level into support, indicating a positive sentiment.Bitcoin (BTC) is attempting to bounce off the immediate support near
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Wyoming Senator Cynthia Lummis, one of the Republicans leading the charge in support of legislation for digital asset market structure, has said a bill will end up on US President Donald Trump’s desk “before the end of the year.”Speaking at the Wyoming Blockchain Symposium in Jackson Hole on Wednesday, Lummis
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A growing share of the United Kingdom’s cryptocurrency investors are struggling to fund their accounts, highlighting the regulatory and banking hurdles facing the digital asset sector.An IG Group survey of 500 UK crypto investors and a broader sample of 2,000 adults found that 40% of users said their bank had
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JACKSON HOLE, Wyo. — U.S. Senator Cynthia Lummis (R-Wyo.) said that a final draft of crypto market structure legislation will be presented to U.S. President Donald Trump before Thanksgiving — notably, some time after Sen. Tim Scott's previous Sept. 30 deadline.“We will have it on the President’s desk before Thanksgiving,”
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