Ondo Finance said its Ondo Global Markets platform has integrated Chainlink as its official data oracle, enabling price feeds for tokenized US stocks including SPYon, QQQon and TSLAon to go live on Ethereum. According to a post from Ondo on Wednesday, the feeds are now being used on Euler, where users can post the tokenized … Read more
Bitcoin (BTC) has now retraced for three straight days, slipping below $66,000 during the New York session on Wednesday. The decline came after a failed push above $70,000, as weak buying interest allowed sellers to maintain control. Onchain data suggest that the pullback is possibly driven by spot-led selling on Binance, while the lack of … Read more
Bitcoin (BTC) saw flash volatility around Wednesday’s Wall Street open as US jobs data came in well above expectations. Key points: Bitcoin attempts to rescue the day’s losses on the back of stronger US nonfarm payrolls data. Mixed signals result in risk assets diverging in their reactions to the numbers. Bitcoin traders stay wary of … Read more
Arkham Exchange is not shutting down, despite reports to the contrary, and is instead redesigning itself as a decentralized trading platform, the company confirmed to Cointelegraph. The crypto trading platform launched by data analytics firm Arkham Intelligence is shifting from a centralized model to a fully decentralized exchange (DEX), Arkham CEO Miguel Morel told Cointelegraph … Read more
A New York federal judge dismissed a patent infringement lawsuit brought by Bancor-affiliated entities against Uniswap, ruling that the asserted patents claim abstract ideas and are not eligible for protection under US patent law. In a memorandum opinion and order dated Tuesday, Feb. 10, Judge John G. Koeltl of the US District Court for the … Read more
Defend American Jobs, an affiliate of crypto PAC Fairshake (an independent political fundraising group), will reportedly spend $5 million to support crypto-friendly politician Barry Moore in his bid for the US Senate, according to Bloomberg. A five-week campaign will start this week with ads on broadcast TV and the Fox News Channel featuring US President … Read more
The tokenized commodities market has risen 53% in less than six weeks to over $6.1 billion, making it the fastest-growing vertical in the real-world asset tokenization market as more gold moves onchain. The tokenized commodities market was valued at just over $4 billion at the start of the year, meaning around $2 billion has been … Read more
Crypto miner and manufacturer Canaan fell 6.9% on the Nasdaq on Tuesday despite reporting a 121.1% year-on-year increase in revenue to $196.3 million in the fourth quarter, driven by an increase in hardware sales and stronger mining performance. Canaan reported that its Bitcoin (BTC) mining revenue rose 98.5% year-on-year to $30.4 million, helping boost its … Read more
Key takeaways: The Bitcoin long-to-short indicator at Binance hit a 30-day low, signaling a sharp decline in bullish leverage demand. US-listed Bitcoin exchange-traded funds reversed a negative trend with $516 million in net inflows following a period of heavy liquidations. Bitcoin (BTC) has fluctuated within a tight 8% range over the last four days, consolidating … Read more
The Bank of England has launched a new industry experimentation initiative to explore how tokenized assets could be settled using synchronized, atomic settlement in British pounds sterling as part of efforts to modernize the UK’s real-time gross settlement (RTGS) infrastructure. The Synchronisation Lab initiative will allow 18 selected companies to test delivery-versus-payment and payment-versus-payment settlement between the … Read more