Author: AltCoinDrops.com
Flow Capital Partners, a Hong Kong-based alternative asset manager, plans to offer shares of its $150 million private credit fund onchain through real-world asset tokenization platform DigiFT. Bloomberg reported Friday that Flow Capital intends to make the fund — originally launched in June 2025 — available onchain by the end of this month. It is also seeking to raise an additional $30 million in tokenized shares by the end of this year. Jacky Tian, chief investment officer of Flow Capital, said the company aims to scale the fund to $250 million by the end of 2026, according to the report.…
Bitcoin, colloquially known as digital gold, has become a focal point for both individual investors and major financial institutions. This cryptocurrency embodies the spirit of a decentralized financial system, free from traditional market constraints and controls. While gold, the world’s go-to asset for value preservation, boasts a massive market valuation exceeding $30 trillion, an intriguing case is being made that Bitcoin might not only meet but potentially surpass these valuations in the foreseeable future.Digital Scarcity vs. Physical ScarcityGold’s valuation has long hinged on its physical scarcity, a finite availability that has supported its perceived value for centuries. Conversely, Bitcoin introduces…
Bitcoin price prediction turned aggressively bullish early Friday as CoinDesk reported that perpetual funding rates dropped to their most negative level since 2023 on a seven-day moving average, with ZeroStack CEO Daniel Reis-Faria targeting $125,000 within 30 to 60 days if the market’s heavily short positioning is forced to unwind. Summary BTC was trading near $74,700 in Asian morning hours Friday, up 3.5% on the week but down 0.4% on the day, with the 10-day global equity rally pausing ahead of the April 22 Iran ceasefire expiry. The 7-day moving average funding rate dropped to approximately -0.005% per Glassnode data,…
Ethereum Pushes Higher, But $3,000 Is Still A Big Ask Ethereum is trading around $2,352 after gaining 1.7% over the past 24 hours and 7.8% over the past seven days. The move has kept ETH near the upper end of its recent range and reinforced the broader market view that large-cap crypto is still attracting fresh risk appetite. That said, the jump required to reach $3,000 by the end of the month is still substantial. From current levels, ETH would need to climb about 27.5% in a short window. In crypto that kind of move is possible, but it would…
The S&P 500 closed at 7,041.28, the Nasdaq finished at 24,102.70, and the Dow added 115 points to close at 48,578.72. For the week so far, the S&P 500 is up 3.3%, the Nasdaq has gained 5.2%, and the Dow is up more than 1%, while the Nasdaq also stretched its winning streak to 12 straight sessions. Quantum stocks exploded higher on fresh AI hype tied to Nvidia, with IonQ and D-Wave Quantum up more than 50% this week, while Bitcoin held above $75,000. Source link
The Securities and Exchange Commission said on April 13 that certain crypto user interfaces tied to XRP other digital assets can avoid broker-dealer registration when they stay out of custody, order routing, and trade execution. Related Reading The staff statement is temporary and will be withdrawn in five years unless the Commission acts first, but it gives developers a clearer lane for now. XRPL Gets A Lift From The New Guidance That shift matters for the XRP Ledger because the network already includes a built-in decentralized exchange, along with order books, automated market makers, and cross-currency routing. XRPL documentation says…
The House voted to reject a resolution Thursday directing President Trump to remove US armed forces from hostilities against Iran, 213 to 214, falling one vote short along almost entirely party lines. Summary Rep. Gregory Meeks of New York proposed the resolution directing the president to end military action in Iran unless explicitly authorized by Congress; it failed 213–214 on Thursday, one day after the Senate voted 52–47 to reject a similar measure. Rep. Thomas Massie of Kentucky was the lone Republican to support the measure; Rep. Jared Golden of Maine was the sole Democrat to vote against it; Rep.…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…
Key Takeaways A $3 billion partnership between ETHGas and ether.fi aims to revolutionize Ethereum blockspace allocation Forward pricing mechanisms arrive on Ethereum through the ETHGas-ether.fi $3B collaboration $3 billion in ETH resources dedicated to developing execution certainty and market pricing structures Strategic alliance between ETHGas and ether.fi creates foundation for institutional-grade Ethereum infrastructure $3B commitment by ETHGas and ether.fi enables predictable, scalable transaction execution on Ethereum A major transformation in Ethereum infrastructure is underway following a $3 billion strategic partnership between ETHGas and ether.fi. This collaboration introduces forward market mechanisms and guaranteed execution capabilities to Ethereum’s blockspace ecosystem. The initiative…
Bank of England Governor Andrew Bailey (who is also the chair of the Financial Stability Board) said on Wednesday at an event hosted by the Institute of International Finance that the world is still moving too slowly on one shared set of rules for crypto industry’s stablecoins. He said work on international standards for stablecoins has lost speed over the past year, even as these tokens keep getting deeper into the global financial system. Andrew also tied the debate to a basic issue, saying stablecoins only work if people trust they can redeem them at full value every time. That…