Crypto News
Blocksquare, Vera Capital to Tokenize $1B in US Real Estate
Blocksquare and Vera Capital have partnered to tokenize $1 billion worth of U.S. real estate, a move that reflects broader adoption of blockchain in traditional finance (TradFi). $1B Real Estate Tokenization Deal Highlights RWA Growth According to the announcement shared with Bitcoin.com News, the deal will use Blocksquare’s infrastructure to convert commercial and multifamily propertiesSource link
NFT Marketplace Magic Eden Launches Season 2 Rewards Program
Magic Eden has launched Season 2 of its rewards program, offering users new ways to earn incentives for trading non-fungible tokens (NFTs), swapping tokens, and staking on the platform. Magic Eden Enhances User Rewards with Season 2 Launch The NFT marketplace Magic Eden has introduced Season 2 of its rewards program, designed to incentivize userSource link
Opensea Announces Open Access for Solana Token Trading on OS2
Opensea has officially launched open access for solana token trading on its OS2 platform, eliminating the previously established waitlist of over 50,000 users. This move allows all users to engage in solana token trading immediately, marking a significant step in the platform’s evolution. The introduction of open access reflects Opensea’s commitment to enhancing user experienceSource link
Charles Schwab CEO’s Crypto Countdown: ‘12 Months’ Until Takeoff
The Charles Schwab Corporation announced plans to launch direct spot cryptocurrency trading within the next year, capitalizing on regulatory shifts and client demand, while navigating macroeconomic turbulence marked by Fed rate uncertainty and tariff-related market volatility. Tick-Tock! Schwab’s Spot Crypto Trading Is on the Clock Charles Schwab CEO Rick Wurster confirmed the firm aims toSource link
Chart of the Week: ‘Dire Picture’ for BTC Miners as Revenue Flatlines Near Record Low
Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become. In simple terms, the metric is the income miners can expect per unit of computing power, denoted by per petahash (PH/s). It can be denominated in U.S. dollars or BTC, although it's most commonly quoted in USD for practical comparison.At present, hashprice sits at $44.00 PH/s, only slightly above its August 2024 low, when bitcoin reached $49,000 amid the yen carry trade unwind. Currently, bitcoin is trading around $84,000. Despite the higher BTC price, miner revenue is dwindling, which paints a dire picture of the mining industry as a whole...