According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $ 500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $ 1.81 billion. Half Billion Milestone for Blackrock’s BUIDL Fund This week, Blackrock’s USD Institutional Digital …
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina reached zero inflation in food and beverages in June, the Central Bank of Bolivia unbans bitcoin, and several employees of the Paraguayan power company were allegedly involved in illegal bitcoin mining operations. […]
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation has been helpful for bitcoin, it has many qualities that put it over gold and it is time to “graduate” […]
The price of bitcoin fell on Friday afternoon after spending several days above the $ 70,000 mark. The value dropped to $ 68,450 on Bitstamp, currently down $ 1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $ 454M in Longs Bitcoin (BTC) plummeted to a …
The memecoin FLOKI recently crossed 417,400 holders on the BNB Chain, making it the biggest memecoin on that blockchain by market capitalization and number of holders. Recently, the Floki developers launched a new Telegram-based trading bot that allows holders to trade any token on the BNB Chain network, charging a 1% fee, with 50% of […]