Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: Benjamin Lee
VanEck and Securitize Launch Tokenized Treasury Fund on Ethereum, Solana and Two Other Chains
A leading real-world asset platform with nearly $4 billion in tokenized securities under management is partnering with VanEck to launch the global investment firm’s first tokenized fund. In a new press release, VanEck announces the launch of VanEck Treasury Fund (VBILL) in partnership with Securitize. VBILL is available for use on Avalanche (AVAX), BNB Chain (BNB), Ethereum (ETH) and Solana (SOL), all layer-1 blockchains. Says Carlos Domingo, Co-Founder and CEO of Securitize, of the partnership, “We are proud to continue enhancing how investors access tokenized securities. This collaboration merges the best of Securitize’s fully integrated tokenization model with VanEck’s deep expertise…
Analyst Predicts Multiple Weeks of Bullish Price Action for Altcoins, Says Trend Switch for Ethereum Is Clear
A widely followed analyst believes that altcoins are about to explode while massively outperforming Bitcoin (BTC). Crypto strategist Michaël van de Poppe tells his 786,000 followers on the social media platform X that he sees altcoins igniting a strong uptrend that could last for many weeks. According to the analyst, the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart is flashing a bullish divergence, indicating that alts are poised to steal the crypto king’s thunder. TOTAL3 tracks the total market cap of crypto, excluding Bitcoin, Ethereum (ETH) and stablecoins. Meanwhile, a bullish divergence suggests that buying momentum is rising even though…
Crypto ETFs Set Record With $62,900,000,000 Yearly Flows After Four Straight Green Weeks: CoinShares
Digital asset investment vehicles are setting record yearly flows after a month of inflows, according to leading crypto asset management firm CoinShares. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says that crypto exchange-traded products (ETPs) enjoyed nearly a billion dollars in inflows last week alone. “Digital asset investment products recorded a fourth consecutive week of inflows, totaling US$882m globally. Year-to-date (YTD) inflows now stand at US$6.7bn, approaching the US$7.3bn peak reached in early February this year. We believe the sharp increase in both prices and inflows is driven by a combination of factors: a global rise in…
Injective price is extending gains above the $10 mark. Bitcoin’s rally above $105k and real-world assets tokenization catalysts could drive the INJ price higher. INJ technical outlook is largely bullish. Injective (INJ) is among the top-performing altcoins on Monday as bullish sentiment sweeps through the cryptocurrency market. The token is trading above $13.60, lifted by renewed investor confidence following Bitcoin’s surge past $105,000. With macroeconomic optimism and progress on regulatory fronts driving broader market momentum, analysts suggest Bitcoin could challenge new all-time highs in the near term. This backdrop is fuelling capital rotation into altcoins, with projects like Injective benefiting…
NFT-Ecosystem Token Built on Solana (SOL) Falters After Gaining Surprise Support From Binance Futures
A non-fungible token (NFT) marketplace built over the smart contract platform Solana (SOL) is seeing red after abruptly gaining support from the world’s largest crypto exchange by volume. In a new announcement, Binance says it’s adding the NFT ecosystem Doodles (DOOD) to Binance Alpha, a platform within the Binance wallet that showcases early-stage digital assets and offers futures contracts for them. “Binance is excited to announce that Doodles (DOOD) will open for trading on Binance Alpha at 2025-05-09 13:00 (UTC). In addition, Binance Futures will launch DOODUSDT Perpetual Contract with up to 50x leverage at 2025-05-09 13:30 (UTC).” Despite the…
Trader Says Market Primed for Strong Reversal After Bullish Move – Here’s His Target for Ethereum and Altcoins
A widely followed crypto analyst says that the market is gearing up for a reversal after making a strong move to the upside. In a new thread, pseudonymous crypto trader Crypto Capo tells his 132,000 followers on the instant messaging app Telegram that taking profits may be the optimal play as altcoins look primed to crash after a sharp increase. “Analysis has been playing out as expected. Very strong bullish move. Bitcoin reached $98,000 and went even higher (deviation above probably). Ethereum has reached $2,300. Solana is also at the $170-200 main resistance. Altcoins have pumped 30%-100% What now? I’m…
SUI price gains as token continues upside with monthly gains of over 85% The altcoin is rising as the overall crypto market bounces amid gains for Bitcoin. Crypto analyst Captain Faibik shared a SUI price prediction suggesting a surge to $4.25. Sui price is up 12% in the past week, with the altcoin rising as Bitcoin spikes to near $100k. With equities also on the up after US President Donald Trump announced a trade deal with the United Kingdom, BTC looks poised for further gains. A leg up for the altcoin market amid this scenario could tie into Sui’s latest…
ETH targets $3,200 after breaking trendlines. SOL eyes $230 range with bullish setup. DOGE rises past $0.18 as retail interest grows. A major shift is unfolding in the cryptocurrency market as Bitcoin edges closer to the $100,000 psychological mark, prompting renewed attention towards altcoins. With Bitcoin dominance starting to decline, market participants are observing a wave of bullish technical signals across major altcoins. Coins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NEAR Protocol (NEAR) are leading what analysts believe may be the early stages of an extended altcoin breakout cycle. The shift comes after months of sideways movement in…
Coinbase, the largest crypto exchange in the US, has announced the possibility of listing a gold-pegged stablecoin. In a new post on the social media platform X, Coinbase says it’s added PAX Gold (PAXG) to its listing roadmap. A placement on Coinbase’s roadmap doesn’t guarantee a future listing, but it announces the potential for it to be listed in order to promote transparency and prevent possible insider trading. PAX Gold is an Ethereum (ETH)-based token backed by physical gold and issued by blockchain infrastructure platform Paxos. Says the project, “PAXG offers investors a cost-effective way to own investment-grade physical gold…
$2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent
US Treasury Secretary Scott Bessent says digital assets may create a $2 trillion demand for US Treasuries in the coming years. In an appearance before a Congressional House Committee Tuesday morning focused on the international financial system, Bessent says the US should take a global leadership role on digital assets. “We believe that the United States should be the premier destination for digital assets, and, as members of this committee and the Senate are attempting to do, create good market structure around that so that US best practices are used around the world.” He also says that the crypto market…