Auto Added by WPeMatico

Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B

According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the…

Continue ReadingBlackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B

Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’

Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov.…

Continue ReadingCommodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’

Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction

While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and…

Continue ReadingGold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction