“When we’re thinking about a future where every single asset will be tokenized … we don’t think that an issuer is actually going to look at Ethereum,” she said, according to the report. “They’re probably going to look at the chain that has the highest amount of activity, the highest amount of users, and the most seamless integration.” Source
Tag: Report
Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report
In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors. Blackrock Report Sees Bitcoin as a Key Asset for Long-Term Portfolio Diversification Blackrock, the […] Original
Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows
Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened volatility in the near future. Glassnode Analysis Warns of Potential Volatility Glassnode’s report with researchers Ukuria OC and Cryptovizart reveals that demand for […] Original
Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report
Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by innovations that are redefining its potential within the defi space. Bitcoin’s Defi Ecosystem Grows: $1.07 Billion Locked According to the findings from the […] Original
Report Says Solana Liquid Staking Could Touch $18 Billion
Este artículo también está disponible en español. A new report has highlighted the key changes that could follow a significant increase in Solana liquid staking. Driven by strong investor demand, if Solana’s liquid staking were to reach $18 billion, it could significantly benefit Solana (SOL) and Jito (JTO), a liquid staking token on the Solana blockchain, potentially fueling positive momentum and a rise in the value of both altcoins. Related Reading Adoption Boom To Ignite Solana Liquid Staking Over the past few years, SOL has had an impressive run, outperforming…
Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report
Este artículo también está disponible en español. Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure is to be maintained. The report notes that in August 2024, BTC’s price slid by 8.7% to $58,972. The leading digital asset was also unable to overcome its…
Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report
Based on a survey of more than 2,500 cryptocurrency users in Brazil, Nigeria, Turkey, Indonesia, and India, access to crypto markets was still the leading motivation for using stablecoins, but there’s a wide variety of popular non-digital asset use cases as well. Source
Bitcoin Price (BTC) Slips Following CPI Report
In traditional markets, U.S. stock index futures have added a bit to losses, with the both the S&P 500 and Nasdaq down 0.5%. The U.S. 10-year Treasury yield has gained 3 basis points to 3.68% and the dollar index has risen 0.15%. The price of gold has dipped 0.45% to $2,532 per ounce. Original
Bitcoin whale accumulation heats up ahead of US CPI report
Bitcoin whales seem bullish with increased accumulation as the release of the U.S. Consumer Price Index data gets closer. According to data provided by IntoTheBlock, the number of whale transactions consisting of at least $100,000 worth of Bitcoin (BTC) surged from 12,560 to 16,240 between Sept. 7 and 9. BTC whale transactions – Sept. 10 | Source: IntoTheBlock The increased whale activity around BTC came after its price plunged below the $54,000 mark amid an increased selloff. Per ITB data, Bitcoin whales have moved over $70 billion worth of the…
Corporate Bitcoin Adoption Surges in 2024, River Report Reveals
Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The report highlights the growing role of bitcoin in business treasuries, offering insights into key trends and future projections. Corporate Interest in Bitcoin Spikes, U.S. Companies Dominate Holdings River’s report indicates […] Original