The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

The crypto market data analytics firm Kaiko Research is warning that one real-world asset (RWA) project could remain bearish for two primary reasons. In a new report, Kaiko Research says that Ondo Finance (ONDO) is losing momentum after the hype around RWA projects has died down. The firm also warns that expected Fed interest rate cuts in September could further dry up investment inflows into...
Long-term Bitcoin (BTC) holders seem to be doubling down on their bullish sentiment for the crypto king, according to blockchain analytics platform Glassnode. In a new analysis, Glassnode reports that Long-Term Holders (LTH), or addresses that hold coins for at least 155 days, do not appear phased by the recent market volatility and are adding more Bitcoin to their wallets. “Despite challenging...
Tech billionaire Peter Thiel is outlining a number of concrete steps that the US government can take to reduce its huge budget deficit. In a new interview on the Joe Rogan Experience podcast, Thiel takes aim at the government’s habit of spending way more than it makes. According to the billionaire, the amount of taxpayer dollars going to interest payments on the country’s over $35 trillion...
Financial giant VanEck is buying Bitcoin (BTC), according to Matthew Sigel, the firm’s head of digital assets research. In a new interview with CNBC, Sigel notes there have been four sellers in the BTC market driving the price of the top crypto asset down. “The German government has sold all of its Bitcoin, $2 billion worth. The US government is selling Silk Road-related coins. There are two...
A widely followed crypto strategist is predicting a massive breakout for one decentralized finance (DeFi) low-cap altcoin. Pseudonymous analyst The Crypto Dog tells his 810,200 followers on the social media platform X that Synapse (SYN), a protocol that aims to enable secure cross-chain communication, could soar more than 75% from the current value. “Think it can see $1… 10% dip back to...
Blockchain data shows that stablecoin issuer Tether has minted over $33 billion in USDT over the last year. According to blockchain tracking firm Lookonchain, Tether minted billions of USDT on the Tron (TRX) and Ethereum (ETH) blockchains. “Tether Treasury has minted 33 billion USDT in the past year, of which 19 billion USDT was minted on Tron Network and 14 billion USDT was minted on Ethereum...
Real Vision analyst Jamie Coutts says that altcoins may be close to repeating the explosive mania of 2020 and 2021. Coutts says on the social media platform X that the crypto market cycle is currently at a point “where selective high-quality assets are bottoming and will outperform when the bull resumes.” The analyst shares a chart that compares the performance of the top 200 crypto assets...
The Australian Securities and Investment Commission (ASIC) is warning about widespread online investment scams, including those involving cryptocurrencies. In a new announcement, the ASIC says it is constantly shutting down malicious websites that are targeting Australians through various means and trying to make off with their funds. “Since July 2023, ASIC has coordinated the removal of over 5,...
State Street is announcing a new collaboration with Swiss cryptocurrency firm Taurus to introduce digital asset services to institutional investors. According to Reuters, the partnership will enable State Street to offer custody services for cryptocurrency holdings and assist in creating tokenized versions of traditional assets, such as funds and securities. The service targets asset management...
A Coinbase ecosystem memecoin is rallying after suddenly gaining support from Binance, the largest crypto exchange in the world. In a new announcement, Binance says it will add futures contracts for Brett (BRETT), a memecoin built on Coinbase’s Ethereum (ETH) layer-2 Base. Brett bills itself as the “mascot” of the Base chain. “To expand the list of trading choices offered on Binance Futures and...