Crypto News

Dogecoin Down Bad: Elon Musk’s Favorite Meme Coin Sheds Post-Election Gains

Dogecoin surged to a three-year high price after President Trump won the election. But those gains are gone as DOGE weathers a tough market.Source link

Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Initiative 

Cantor Fitzgerald, a global financial services firm, is launching a bitcoin financing business to provide leverage to investors holding the cryptocurrency. Wall Street Firm Expands Into Bitcoin Leverage Services The New York-based company announced it will begin operations with $2 billion in initial financing, planning to expand significantly over time. The initiative aims to meetSource link

Ukraine Ceasefire Breakthrough Sends Markets Into Green; Bitcoin Retakes $83K

What was shaping up to be another down day in markets has reversed in Tuesday afternoon U.S. trading after Ukraine agreed to a Trump administration proposal for a 30-day ceasefire in its war with Russia.Russia has yet to weigh in, but the agreement will hinge on that country's acceptance, according to a joint statement of Ukraine and the U.S. after a meeting of their delegations in Saudi Arabia.As part of the agreement, the U.S. will immediately lift a pause on intelligence sharing and military assistance to Ukraine, the statement continued.Adding to yesterday's major losses, markets were again sharply lower prior to the news, but the Nasdaq has moved into the green by 1.25% and the S&P 500 by 0.4%.Crypto markets...

Bahrain-Regulated Crypto Exchange Enters $1B Tokenized Gold Market as RWA Demand Grows

ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB), said on Tuesday it has completed its first tokenized real-world asset (RWA) issuance starting with gold-backed tokens.The tokens, available to accredited investors, each represent one kilogram of gold stored in custody, according to the press release. Investors can trade these digital assets on ATME’s secondary market or redeem them for physical gold. The initiative aims to modernize gold ownership by eliminating storage and transportation concerns while leveraging blockchain for efficiency and security.Read more: Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project“By combining the timeless value of gold with blockchain technology, we are unlocking new ways for investors to...

Trump Doesn’t Plan to Host Another Large-Scale Crypto Summit Any Time Soon: White House

White House official Bo Hines said the Trump admin will likely convene smaller groups of crypto leaders focused on “issue-specific policy areas.”Source link