FUNToken Is Surging: Will FUN Price Recapture Early 2025 Growth?
The market cycles of this year have gone through multiple twists and turns. High levels of sentiment shifts have been witnessed since the first quarter. The crypto market reached new highs earlier this year, but in October, a bearish mood made a comeback. However, now that Bitcoin has once again passed the $90K mark, confidence…
Kraken to acquire Backed Finance to bolster tokenization strategy
Key Takeaways Kraken is set to acquire Backed Finance, a platform that issues digital tokens representing real-world assets such as stocks and ETFs. The move reflects Kraken’s belief in the potential of tokenized asset trading on blockchain networks. Share this article Kraken, a regulated cryptocurrency exchange, announced the acquisition of Backed Finance, a provider of…
Can Europe Catch Up to the US in the Stablecoin Race? Bitget CEO Weighs In
US stablecoins dominate 99% of the global market. China is pushing ahead with the e-CNY. Europe, backed by MiCA and the first BaFin-regulated euro stablecoin EURAU, wants to close the gap. But can it move fast enough?BeInCrypto spoke with Gracy Chen, CEO of Bitget, about Europe’s strengths, its regulatory challenges, and whether the EU can…
Crypto Markets Today: Risk-Off Mood Persists as Altcoins Extend Losses
The crypto market failed to make a meaningful recovery on Tuesday as it continued to languish in “extreme fear” territory following a sell-off on Monday that appears to have eroded investor confidence.Bitcoin traded around $87,000, down from last week’s high of $92,350 as the broader market continued to exhibit weakness despite hopes that there would…
Ripple, Major VCs Back ex-Goldman Exec’s RWA Platform OpenEden
OpenEden:- Led by former Goldman Sachs executive Jeremy Ng, RWA platform OpenEden has been expanding at a rapid pace. Its two core products – the tokenized Treasury bill offering TBILL and its yield-bearing stablecoin USDO – have gained significant traction among institutions and on-chain investors. Today, the project ranks among the largest issuers of tokenized…
