Blackrock and JPMorgan Join UK Tokenized Push With 54-Firm Taskforce

A U.K. government-backed digital markets taskforce has brought together 54 financial firms to develop live tokenization use cases, starting with tokenized repo. The initiative comes as the Treasury-backed report estimates tokenized markets could add up to £33 billion in annual UK output by 2035. UK Treasury Backs Tokenization Plan That Could Add $44 Billion by … Read more

Dexe Slides 10% From $48.91 Peak as Traders Question Whether Its Rally Can Hold

After a rapid three-day surge to an all-time high of $48.91 on July 13, the Dexe token dropped nearly 10% to $41.30 on July 14, bringing its market capitalization below $4 billion. Market Correction Pulls Dexe From Peak On July 14, the native token of the decentralized autonomous organization infrastructure protocol, Dexe, tumbled to $41.30, … Read more

Bitcoin Is Down 50% but Cryptoquant Says the Cycle Top Still Hasn’t Happened

Bitcoin’s current cycle may not have topped yet, according to Cryptoquant’s 365-day PnL Index Signal, which continues to trend lower, a pattern the analytics firm associates with markets whose peak still lies ahead. What the Signal Says Onchain analytics firm Cryptoquant noted that its 365-day PnL Index Signal continues to trend lower, “suggesting the current … Read more

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