Sui has joined forces with Franklin Templeton Digital Assets in a bid to drive blockchain innovation and foster growth within the Sui ecosystem. Sui and Franklin Templeton Forge Blockchain Development Alliance As a layer-one (L1) blockchain, Sui’s latest collaboration with Franklin Templeton highlights the growing interest of established financial institutions in exploring the potential of […]
Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap
Bitcoin (BTC) achieved a historic milestone, reaching an all-time high of $ 98,367 per coin, just 1.66% shy of the coveted $ 100,000 mark. Bitcoin Approaches $ 100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S. dollar in the …
Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token
Blackrock, the world’s largest asset manager, is reportedly seeking to disrupt the $ 3 trillion crypto derivatives market by pushing to have its BUIDL token accepted as collateral. Discussions are ongoing with major exchanges like Binance and Deribit. The token’s interest-paying structure could appeal to institutional investors seeking alternative collateral options in the growing …
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been conducted in 17 different areas, accumulating a total transaction value of […]