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Latest from Krisztian Sandor
DTCC, Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan, Templeton, BNY Mellon Participating; LINK Gains 7%
The aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization.

Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.

DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and plans to pay the lion's share of protocol revenues back to liquidity providers.

RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual
The company aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

Bitcoin Is in a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say
This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
Bitcoin was lower by 2.5% to $61,500 late Wednesday, with solana and bitcoin cash each down more than 7%.

Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital
The trading firm aims to fill the gap left after crypto's credit meltdown two years ago and improve trust by offering a real-time overview of its risk exposure to clients, co-founder Joshua Lim said in an interview.

Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading
Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.

Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure
Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.

First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound
The latest price moves in crypto markets in context for May 6, 2024.
