ETF Launch Fails to Stem Tide As XRP Sinks to $1.81, Lowest Since April – AabeyLLC Crypto
A crypto strategist who accurately timed Solana’s (SOL) meltdown this year thinks the next few years will not be kind to the popular layer-1 protocol. Pseudonymous analyst Bluntz tells his 318,400 followers on the social media platform X that he believes SOL will spend the next two years in deep bear territory. While Bluntz is…
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Indiana has enacted a bill protecting Bitcoin rights and permitting the use of crypto assets for its retirement plans. This is as different states across the US continue to embrace crypto use in their investment policies. Indiana Boosts Crypto Policy with Bitcoin Rights Bill Governor Mike Braun has signed into law the House Bill 1042,…
Unlike traditional stablecoins, which mirror the value of fiat currencies, yield-bearing tokens such as Ondo Finance’s USDY bring institutional-grade returns into web3. Linking directly to real-world US Treasuries, investors are able to gain exposure to enterprise-grade funds and their strategies. With Ondo Finance’s USDY coming to the Stellar network, the availability of the token, alongisde…
Ethereum co-founder Vitalik Buterin believes that stable, low-risk decentralized finance protocols can provide an economic backbone to the blockchain network. He compared their role to the way Google Search has long supported Google. In a Sept. 20 blog post, Buterin defined low-risk DeFi as applications that include payments, savings tools, synthetic assets, and fully collateralized…
According to a report by Yun Li for CNBC, according to Berkshire Hathaway’s Q2 2024 earnings report, the American multinational conglomerate holding company made a surprising move by significantly reducing its substantial stake in Apple during the second quarter of this year. The 185-year-old firm sold slightly over 49% of its holdings in the tech…