Bitwise CIO Says Strategy Forced Bitcoin Sale Unlikely

Strategy (MSTR) won’t be forced to sell Bitcoin to stay afloat if its share price drops, and those who say otherwise are “just flat wrong,” says Bitwise chief investment officer Matt Hougan. “There is nothing about MSTR’s price dropping below NAV [net asset value] that will force it to sell,” Hougan argued in a note…

SOL price capped at $140 as altcoin ETF rivals reshape crypto demand

SOL struggles to extend its gains as declining activity, falling leverage demand and competition from newly launched spot altcoin ETFs challenge Solana’s price rebound. Source link

Chinese Bank Tokenizes $600M in Yuan-Backed Government Bonds

Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by removing intermediaries from the auction process. According to Sina, the onchain government bonds were issued by Hua Xia Financial Leasing, a subsidiary of Hua Xia Bank,…

Chinese Bank Tokenizes $600M in Yuan-Backed Government Bonds

Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by removing intermediaries from the auction process. According to Sina, the onchain government bonds were issued by Hua Xia Financial Leasing, a subsidiary of Hua Xia Bank,…

Wall Street Heavyweights Back Builder of Canton, a Network That Supports $6T Onchain Assets

Digital Asset, the blockchain firm behind the Canton Network (CC), said Thursday that it has secured strategic investments from four major traditional financial players, as Wall Street’s crypto embrace continues. The investors in this round were BNY, a financial services firm overseeing $57 trillion in client assets, exchange operator Nasdaq, financial intelligence firm S&P Global…

ETH Has a Leg-up on BTC if Momentum Flips Bullish

Ether (ETH) has outperformed Bitcoin (BTC) in terms of price action and exchange-traded fund (ETFs) flows this week, reinforcing the capital rotation narrative. Over the past two weeks, the spot ETH ETFs recorded $360 million in net inflows versus BTC’s $120 million, signaling a shift in investors’ preference for the time being.  Key takeaways: Spot…

Chinese Bank Tokenizes $600M in Yuan-Backed Government Bonds

Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by removing intermediaries from the auction process. According to Sina, the onchain government bonds were issued by Hua Xia Financial Leasing, a subsidiary of Hua Xia Bank,…

ETH Has a Leg-up on BTC if Momentum Flips Bullish

Ether (ETH) has outperformed Bitcoin (BTC) in terms of price action and exchange-traded fund (ETFs) flows this week, reinforcing the capital rotation narrative. Over the past two weeks, the spot ETH ETFs recorded $360 million in net inflows versus BTC’s $120 million, signaling a shift in investors’ preference for the time being.  Key takeaways: Spot…

ETH Has a Leg-up on BTC if Momentum Flips Bullish

Ether (ETH) has outperformed Bitcoin (BTC) in terms of price action and exchange-traded fund (ETFs) flows this week, reinforcing the capital rotation narrative. Over the past two weeks, the spot ETH ETFs recorded $360 million in net inflows versus BTC’s $120 million, signaling a shift in investors’ preference for the time being.  Key takeaways: Spot…

Argentina’s YPF Weighs Crypto Payments at Gas Stations

Yacimientos Petrolíferos Fiscales (YPF), Argentina’s state-controlled energy company, is reportedly considering allowing drivers to pay for gasoline and diesel with cryptocurrency, as digital assets continue to gain traction in everyday transactions across the country. The plan could rely on a third-party processor rather than direct wallet payments, including local and international platforms such as Lemon,…