Africa Doesn’t Need Another Wallet App: It Needs a Seat at the Table (Op-ed)
Crypto adoption is accelerating around the world. And with it, a wave of well-funded projects keeps promising financial inclusion in Africa. For years, they’ve pledged to serve the unbanked. But all too often, they deliver little more than press releases and abandoned Telegram groups. The users, the very people...
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Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam
A recently launched crypto ETF in the U.S., which offers diversified exposure to digital assets along with options income, is gaining traction in a sign that investors are looking beyond traditional, single-spot-focused products. The Nicholas Crypto Income ETF (BLOX), an actively managed ETF designed for diversified exposure to the...
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Bitcoin’s Latest Profit-Taking Spree Was Driven By HODLers: Data
On-chain data suggests the veterans of the Bitcoin network were the ones that took profits during the latest market selloff. Older Bitcoin Groups Recently Realized A Large Amount Of Profit In a post on X, the on-chain analytics firm Glassnode has revealed how profit-taking has been distributed among the...
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HSBC Orion to launch MENA’s first digitally native bond with ADX and FAB
HSBC has teamed up with ADX and FAB to introduce the MENA region’s first digitally native bond on blockchain, adding to HSBC’s growing portfolio of digital bond issuances on its Orion platform. HSBC has partnered with Abu Dhabi Securities Exchange…...
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U.K and Singapore agree to join forces on advancing AI and tokenization
The U.K and and Singapore have agreed to pursue collaborations on several areas related to digital finance, including the use of artificial intelligence in finance and asset tokenization. During the 10th Financial Dialogue held in London recently, representatives from both…...
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Bitcoin options worth $3B to expire on July 4 — will BTC retrace?
Bitcoin may see a spike in short-term price swings as nearly $3 billion worth of options contracts approach expiration on July 4. According to data from Deribit, the leading crypto options exchange, these contracts are set to expire at 08:00…...
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Detroit sues real estate tokenization firm RealToken over 400 blighted properties
The city of Detroit has filed a sweeping lawsuit against crypto-based real estate firm RealToken LLC and its affiliates for public nuisance violations across more than 400 residential properties. RealToken LLC uses blockchain technology to tokenize real estate and sell…...
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Solana treasury firm extends stock rally after buying $2.7M of SOL
The company’s Solana stack is now worth almost $98 million. The firm’s stock price is up 2,733% year-to-date....
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Ripple USD Gets Support From First Global Bank
Zug-based AMINA Bank, the Swiss crypto-focused lender regulated by FINMA, said on 3 July that it has begun offering custody and over-the-counter trading for Ripple USD (RLUSD), becoming what it calls “the first bank globally” to support the dollar-pegged stablecoin and giving the six-month-old token its first foothold inside...
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Tom Lee’s Bullish Ethereum Bet Sends Bitmine Stock Surging 3,000%
Fundstrat’s Tom Lee is “the most bullish thing to happen to Ethereum this year,” opined Ryan Sean Adams, co-founder of Bankless, on Friday. Bitcoin bull Lee has made some famous predictions about BTC, stating on CNBC in 2017 that it would reach $55,000 when it was trading around $2,000...
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