Tokenized stocks could top T in market cap — Execs

Tokenized stocks could top $1T in market cap — Execs

Though still a small slice of the RWA market, tokenized stocks are gaining traction as institutions eye faster, cheaper access to US equities. Tokenized stocks are on track to exceed $1 trillion in market capitalization in the coming years as adoption accelerates, two industry executives said at the TokenizeThis conference in New York.  The total…

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Analysts brace for Bitcoin slide on gloomy US manufacturing data

Analysts brace for Bitcoin slide on gloomy US manufacturing data

The Federal Reserve’s monthly manufacturing survey showed the sharpest decline in activity since 2020. Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of…

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Bitcoin online chatter flips bullish as price chops at K: Santiment

Bitcoin online chatter flips bullish as price chops at $85K: Santiment

Santiment’s Bitcoin social media sentiment tracker has flipped bullish as the cryptocurrency continues to fluctuate around the $85,000 price level. The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will…

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Russia finance ministry official floats country making own stablecoins: Report

Russia finance ministry official floats country making own stablecoins: Report

The deputy head of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, has reportedly said the country should be developing its own stablecoins. A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities…

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