The tokenized real-world assets (RWAs) gained traction as their market value prediction might target $30 trillion by 2030. A realistic target is observed around $1.3 trillion in tokenized traditional assets. Jamie Coutts, the chief crypto analyst at Real Vision, suggests that Wall Street estimates $10 to $30 trillion in traditional
The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach
Avalon Labs has launched the first-ever on-chain CeDeFi lending platform, surpassing $30M in Bitcoin-backed loans within just two days. The platform provides unlimited stablecoin supply at a fixed 8% interest rate, setting a new benchmark for both retail and institutional lending. Avalon Labs’ CeDeFi (Centralized-Decentralized Finance) Lending Platform integrates the
August witnessed the most severe market downturn of 2024, with major cryptocurrencies including Bitcoin plummeting. Driven by recession fears, geopolitical tensions, and harsh market corrections, the initial gains of the bull market have been completely erased, slashing the overall market cap by 20%. In this downturn, Cardano (ADA) has seen
RCO Finance (RCOF) is reshaping conventional crypto trading methods with its unique AI-powered robo-advisor. This crypto trading tool embodies unparalleled features that make it so desirable to crypto traders. It is the driving force behind RCO Finance’s progress in the Ethereum network. Let’s find out why the robo-advisor is important
The United States Securities and Exchange Commission (SEC) has initiated legal action against two brothers, alleging their involvement in orchestrating a $60 million Ponzi scheme with a non-existent crypto trading bot. The SEC has filed a complaint in the US District Court for the Northern District of Georgia, Atlanta, against
Hong Kong’s Securities and Futures Commission (SFC) has identified various shortcomings among crypto firms seeking full licenses. These findings emerged as the SFC intensified its scrutiny of virtual asset trading platforms under its new regulatory framework, which came into effect in 2024. The SFC recently revealed that some crypto entities
BTCC is excited to announce a comprehensive upgrade to its copy trading feature in celebration of surpassing 600,000 users since its launch. With over $420M in profits generated from 220M successful copy trades, BTCC continues to lead the crypto industry, boasting over 15,000 lead traders and more than 600,000 copy
Polkadot Decoded Asia, set to be held from September 16th to 17th in Singapore, is making steady progress in the preparatory work for the conference. This event is an integral part of the TOKEN2049 Week, with topics deeply focusing on the Polkadot ecosystem and gradually expanding to various aspects of
Prominent on-chain analyst Ali Chart tweeted an optimistic forecast for Solana (SOL). His chart suggests that Solana is forming a bullish Adam & Eve pattern, which might portend a significant price gain. According to Ali, the cryptocurrency price can surge by almost 33%, reaching $220, if SOL manages to surpass
