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The Solana-based meme token BONK experienced a notable 10% surge, reaching $0.000027 against the US dollar. This rally, which began after establishing support at $0.000024, saw increased trading volumes. However, the upward momentum was short-lived as profit-taking emerged, causing the token to pull back slightly. This price action

Wall Street Embraces 24/7 Treasury Financing Through Tokenization In a groundbreaking move for financial markets, major Wall Street firms have successfully executed the first real-time, fully on-chain financing of U.S. Treasuries using USDC on the Canton Network. This innovative repo trade, facilitated by Tradeweb, settled atomically on a

Coinbase is breathing new life into its Stablecoin Bootstrap Fund, a strategic initiative designed to inject much-needed liquidity into decentralized finance (DeFi) markets. This move signals Coinbase's renewed commitment to fostering growth and stability within the rapidly evolving DeFi ecosystem. Coinbase's DeFi Re-engagement Coinbase has announced

The cryptocurrency market experienced a mixed bag of movements, with major altcoins like Solana (SOL) and BNB showing resilience, while others such as Polygon (POL) faced downward pressure. Bitcoin's record highs also influenced broader market sentiment, leading to varied performance across different digital assets. Solana's Ambiguous

Coinbase is reigniting its Stablecoin Bootstrap Fund, a strategic move designed to inject much-needed liquidity into decentralized finance (DeFi) markets. This initiative, managed by Coinbase Asset Management, will see capital deployed across prominent DeFi platforms, aiming to foster stable yields and efficient trading environments for users. Revitalizing DeFi Liquidity Coinbase&

Paxos, a prominent stablecoin issuer, has officially applied for a national bank trust charter with the Office of the Comptroller of the Currency (OCC). This strategic move places Paxos under federal supervision, aligning it with other major stablecoin players like Circle and Ripple who have also pursued similar federal charters.

Bitcoin's price is experiencing a period of unusual calm, with volatility dropping to levels not seen since October 2023. This lull comes amidst mixed signals from analysts, with some warning of potential downturns due to elevated open interest and market risks, while others maintain a bullish long-term outlook.