One onchain observer noted a large transaction by Jump Crypto, speculating that the crypto firm might be rotating SOL into BTC, perhaps weighing on sentiment.
The company is expected to report another quarterly profit on Thursday, possibly reviving expectations for S&P 500 inclusion, 10x Research's Markus Thielen argued.
The move allows Ondo Global Markets to deepen its tokenized stock market reach to BNB's 3.4 million users, with a strong base in Asia and Latin America.
Tether's gold-backed token swelled above $2 billion market cap, driven by record prices and surging retail demand, CEO Paolo Ardoino said in an interview.
Nvidia closed in on a $4 trillion market cap amid CEO Jensen Huang's keynote speech at a tech conference, seemingly sucking capital out of crypto on Tuesday afternoon.
The maneuver highlights the pressure digital asset treasury stocks face, with many once-high-flying names now trading below the value of the crypto on their books.
The IBM Digital Asset Haven, developed with Dfns, aims to offer banks, governments and enterprises a full-stack platform for token custody, governance and compliance.
Tether plans to launch its U.S.-compliant stablecoin USAT in December, aiming for mass reach in the creator economy, CEO Paolo Ardoino said in a CoinDesk interview.
The offering, developed with non-custodial BTC lending startup Debifi, targets institutions and high-net worth borrowers who don't want to give up control of their assets.