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Latest from Krisztian Sandor
DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week
Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.
Bitcoin's Bottom in Price Could Be Near or Already In, the Coinbase Premium Index Suggests
Previous deeply negative readings occurred near local bottoms in price, with the most recent occurring just prior to BTC's rally between October and March to all-time highs, FalconX's David Lawant noted.
Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.
First Mover Americas: Bitcoin Relief Rally Stalls at $63K as Crypto Rebound Faces Hurdles
The latest price moves in crypto markets in context for July 1, 2024.
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.
McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption 'Still Far Away'
Previous reports from Boston Consulting Group and 21Shares forecasted over $10 trillion of tokenized assets by the end of the decade in their optimistic scenarios.
Michael Saylor's MicroStrategy Acquires 11.9K More Bitcoin for $786M
The company now holds 226,331 bitcoins worth just shy of $15 billion.
RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain
This was the first example of transferring tokenized versions of life insurance policies, the company said.
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.
Crypto Trading Firm Cumberland Acquires New York's BitLicense
The company said it's one of the only principal trading firms to hold the state's crypto license.
