Kraken, Backed Expand Tokenized Stocks Product to Tron

On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly within stocks, is taking hold. According to the announcement, Backed will deploy the stocks as TRC-20 tokens. Previously, Kraken and Backed launched…

Bitcoin And Altcoins Bounce Off Daily Lows As Bulls Buy Dips

Key points: Bitcoin’s drop has resulted in net outflows from BTC ETFs on Tuesday, but buyers are likely to step in and arrest the decline near $110,530. Ether bulls are trying to flip the $4,094 level into support, indicating a positive sentiment. Bitcoin (BTC) is attempting to bounce off the immediate support near $112,000, but…

Crypto Advocacy Groups Double Down On Support Of Prospective CFTC Chair

Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination….

XRP Price Drop To $2.40 Possible According To Onchain Data

Key takeaways: XRP confirms a bearish descending triangle on the daily chart, risking an 18% drop to $2.40. Declining daily active addresses signal reduced transaction activity and cooling demand for XRP. Spot taker CVD remains negative, suggesting waning investor demand. XRP (XRP) traded 23% below its multi-year peak of $3.66, and a convergence of several…

Watch These Bitcoin Price Levels Until Jackson Hole Is Over

Key takeaways: Bitcoin volatility is expected to remain present ahead of Fed Chair Powell’s speech on Friday. Analysts say Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders. BTC price may drop as low as $110,000 if key support levels are broken. Bitcoin (BTC) has been trending down alongside the broader crypto market…

Watch These Bitcoin Price Levels Until Jackson Hole Is Over

Key takeaways: Bitcoin volatility is expected to remain present ahead of Fed Chair Powell’s speech on Friday. Analysts say Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders. BTC price may drop as low as $110,000 if key support levels are broken. Bitcoin (BTC) has been trending down alongside the broader crypto market…

Green RWAs Are Set To Recast Climate Assets

Opinion by: Nicholas Krapels, head of research and development at Mantra By 2035, the real-world asset (RWA) market is expected to reach over $60 trillion, with green RWAs well-positioned to become a significant subsector in this global onchain movement. Today, tokenized green assets still represent less than 1% of total climate assets and a similarly…

HBAR Tumbles 3% as Institutional Investors Exit Positions

Hedera Hashgraph’s HBAR token faced heavy selling pressure during a volatile 23-hour stretch between August 19 at 15:00 and August 20 at 14:00, sliding 3% from $0.24 to $0.23. The token traded within a tight $0.01 band, marking a 4% spread between its session high and low, as traders adjusted exposure across alternative digital assets….

Crypto Funds Bleed With Nearly $1B Outflows in BTC and ETH

Cryptocurrency investment products expanded their losses on Tuesday, with Bitcoin fund outflows surging more than 300% and Ether losses doubling, both ranking as the second-largest outflows this month. Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw $523 million in outflows on Tuesday, rising more than fourfold from Monday, according to Farside Investors data. Ether (ETH) ETFs…

Green RWAs Are Set To Recast Climate Assets

Opinion by: Nicholas Krapels, head of research and development at Mantra By 2035, the real-world asset (RWA) market is expected to reach over $60 trillion, with green RWAs well-positioned to become a significant subsector in this global onchain movement. Today, tokenized green assets still represent less than 1% of total climate assets and a similarly…