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Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield Curves

Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield CurvesWhile the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield curve. Investors and economists closely monitor yield curve inversions, as they have historically signaled an increased likelihood of economic recessions. From the U.S. to Europe: […]

Russia Cautious on Tokenizing Real-World Assets

Grayscale Ethereum Trust Hits Premium for First Time Since 2021

Grayscale Ethereum Trust Hits Premium for First Time Since 2021Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ycharts.com metrics. This adjustment comes just before the expected debut of spot ether exchange-traded fund listings expected to launch later this month. On July 2, 2024, ycharts.com […]

Russia Cautious on Tokenizing Real-World Assets

The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?

The Six-Digit Struggle: What if Bitcoin Falls Short of 0K?As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple top, potentially exceeding $90,000. However, reaching the six-figure mark will be a significant psychological challenge, and it may fall short of […]

Russia Cautious on Tokenizing Real-World Assets

S&P Global joins Singapore’s Project Guardian tokenization trials

The rating agency will provide its perspective on risk mitigation in tokenized fixed income transactions.

S&P Global Ratings is the latest institution to join the Monetary Authority of Singapore’s (MAS) massive Project Guardian. The two-year-old project examines the role asset tokenization can play in the liquidity and efficiency of financial markets.

Project Guardian seeks to establish standards and policy guidelines and to develop a commercially oriented digital asset ecosystem. S&P Global will participate in fixed-income pilot projects. S&P Digital Assets analytical lead Andrew O'Neill said in a statement:

Within the fixed-income pilots, institutions are conducting foreign exchange and bond transactions against liquidity pools of tokenized bonds and currencies. They are also carrying out repurchase agreements with digital bonds an developing a listing framework for debt securities and an initial token offering for digital tokens offered on the Singapore Exchange.

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Russia Cautious on Tokenizing Real-World Assets

Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs

Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFsMarket strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback, resulting in less spot conversion. Bernstein Analysts Highlight Tokenization […]

Russia Cautious on Tokenizing Real-World Assets

McKinsey Report: Tokenization at a Tipping Point, Poised to Transform Financial Markets

McKinsey Report: Tokenization at a Tipping Point, Poised to Transform Financial MarketsThe world of finance is standing on the brink of a transformative era driven by the rising prominence of tokenized assets. According to a recent McKinsey & Company report, tokenization—the process of converting assets into digital tokens on a blockchain—has reached a tipping point, setting the stage for at-scale implementations that promise enhanced liquidity, operational […]

Russia Cautious on Tokenizing Real-World Assets

Standard Chartered Set to Launch Spot Crypto Trading for Bitcoin, Ethereum

Standard Chartered Set to Launch Spot Crypto Trading for Bitcoin, EthereumThe British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading platform for bitcoin and ethereum, Bloomberg sources reveal. Sources Say Standard Chartered Ready to Launch Bitcoin and Ethereum Trading Operations On June 21, Bloomberg’s Emily Nicolle cited sources knowledgeable about the plans, stating that Standard Chartered is on the […]

Russia Cautious on Tokenizing Real-World Assets

Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase

Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest PurchaseNasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private offering of convertible senior notes that offer a 2.25% annual interest rate. MSTR Now Hodls […]

Russia Cautious on Tokenizing Real-World Assets

Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash Rates

Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash RatesArthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of central bank policies on the global economy, emphasizing the role of interest rates and inflation targets. Bitmex Founder’s Perspective on Global Finance and Bitcoin In […]

Russia Cautious on Tokenizing Real-World Assets

Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns

Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar ConcernsJim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because it’s a great store of value,” he affirmed. Jim Cramer on Ethereum and […]

Russia Cautious on Tokenizing Real-World Assets