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Author: James Wilson
The tokenized real-world asset market has reached $34.6 billion onchain, but only $3.79 billion has been deployed in protocols, leaving about 89% of issued value idle. Summary Roughly 11% of the $34.6 billion tokenized RWA market is deployed in protocols. BlackRock’s BUIDL, Franklin Templeton’s BENJI and Circle’s USYC all have utilization below 1%. JAAA and reUSD have utilization rates above 97%, according to DeFiLlama. Falcon Finance examines legal claims, redemptions, liquidity, pricing, and credit quality before accepting RWA collateral. DefiLlama data shows a sharp difference between the value of tokenized assets issued onchain and the amount being used inside decentralized…
U.S. President Donald Trump has renewed his demand for lower interest rates and threatened to halt trade with deficit countries after employers added 162,000 jobs in August. Summary U.S. payrolls rose by 162,000 in August, beating economists’ forecast of 56,000. Trump demanded lower rates and threatened to stop trade with countries running surpluses against the United States. Bitcoin reversed from $82,262 and fell below $80,000 after the employment report. Fed funds futures priced a 61% probability of a September rate increase after the data. US jobs growth has exceeded forecasts The U.S. Bureau of Labor Statistics reported Friday that nonfarm…
Coinbase has added six tokenized equities, including Amazon, Microsoft, and Tesla, to Base after its first batch generated $227.7 million in decentralized exchange volume within about 30 days. Summary Six new equity tokens have joined Coinbase’s initial four-stock lineup on Base. Amazon, Microsoft, Strategy, SanDisk, SpaceX, and Tesla are included in the latest release. Token Terminal recorded $227.7 million in DEX volume for Coinbase-issued stock tokens over 30 days. U.S. persons remain unable to access the products under Coinbase’s current Regulation S offering. Base said on Sept. 4 that Amazon (AMZNc), Microsoft (MSFTc), Strategy (MSTRc), SanDisk (SNDKc), SpaceX (SPCXc) and…
Strategy Executive Chairman Michael Saylor has defended Americans’ ability to advocate for Bitcoin without a license, while separating public recommendations from fraud and market manipulation. Summary Saylor said Americans do not need a license to discuss or publicly recommend Bitcoin. The Strategy chairman described Bitcoin as a commodity rather than a security. The CLARITY Act faces a 60-vote procedural test in the Senate on Sept. 15. Strategy recently bought 4,603 BTC for $369.7 million after pausing purchases for about 10 weeks. According to a Sept. 4 X post, Saylor argued that discussing Bitcoin, advocating for its adoption, and recommending ownership…
Robinhood has rejected AMC Entertainment’s demand to halt an AMC-linked token, turning a dispute over one of its 189 stock products into a test of how US rules may treat third-party tokenized equities. Summary Robinhood’s legal chief told AMC to send its lawyers after the theater chain demanded a trading halt. AMC token holders receive economic exposure but do not own shares or acquire shareholder rights. RedStone says issuer consent and securities registration will determine which tokenization models survive. SEC advisers have sought clear ownership disclosures and oversight for third-party tokenized securities. Robinhood chief legal officer Dan Gallagher refused AMC…
Bitcoin price erased an early move above $82,000 on Sept. 4 as stronger-than-expected US employment data lifted Treasury yields and weakened demand for risk assets. Summary Bitcoin price fell 2.1% on the daily chart after trading as high as $82,281 intraday. The $78,800–$79,300 area now serves as the main short-term breakout support. 4-hour RSI dropped to 53.45, showing that bullish momentum weakened after the rejection. Liquidity clusters near $80,200 and $81,800 could attract price if Bitcoin rebounds. Bitcoin price reverses after testing $82,000 According to data from crypto.news, Bitcoin (BTC) price briefly climbed above $82,000 on Friday before sellers forced…
Robinhood Chain has stopped producing blocks for more than 14 minutes, preventing the Ethereum layer-2 network from confirming token transfers and smart contract transactions. Summary Robinhood Chain stopped producing blocks for more than 14 minutes at around 12:57 p.m. UTC. Transfers and smart contract calls remained pending until block production resumed intermittently. Robinhood has not disclosed the cause or provided a detailed account of the disruption. HOOD shares fell as much as 5.1% from their previous close before recovering part of the loss. Robinhood Chain stopped confirming transactions Robinhood Chain block explorer data showed that the network stopped adding blocks…
Polygon co-founder Sandeep Nailwal has launched a stablecoin donation channel for Nepal’s official disaster fund, with Blockchain for Impact pledging $100,000 to the campaign. Summary The campaign accepts cryptocurrency before converting the funds into Nepalese rupees for the government relief fund. Polygon’s Open Money Stack, Coinme and Cross River Bank support the donation infrastructure. Blockchain for Impact has committed $100,000 to the Nepal relief campaign. The initiative follows separate Nepal relief commitments from Ripple and the Solana community. Stablecoins provide a route into Nepal’s disaster fund Sandeep Nailwal said in a Sep. 4 X post that he had opened a…
XRP price traded near $1.45 on Sept. 4 after breaking above a falling 4-hour channel, but resistance between $1.50 and $1.53 remains the next test for buyers. Summary XRP price broke above a descending 4-hour channel after rebounding from support near $1.33. Daily RSI stands at 66.22, showing strong momentum without reaching the 70 overbought level. Liquidation clusters sit near $1.43 below price and between $1.48 and $1.53 above it. The Sept. 15 CLARITY Act vote and US inflation data could determine the next move. XRP price action today According to data from crypto.news, XRP (XRP) price was changing hands…
Ethereum price rebounded nearly 6% from its 24-hour low to trade near $2,524 on Sept. 4, but the recovery has brought ETH back to a resistance zone that has rejected several breakout attempts. Summary Ethereum price recovered from about $2,370 to above $2,520 within 24 hours. The 4-hour RSI rose to 66.87 as ETH approached the upper Bollinger Band. Liquidation clusters sit near $2,540–$2,550 and between $2,485 and $2,490. A weekly close above $2,550 could open a path toward $3,000, according to analyst Ted Pillows. Ethereum price rebounds toward $2,550 According to data from crypto.news, Ethereum (ETH) price was trading…