Bitcoin Open Interest Plummets 7.5% Amid Mild 2% Price Drop, Hinting at Capital Shift to Altcoins

Bitcoin Open Interest Plummets 7.5% Amid Mild 2% Price Drop, Hinting at Capital Shift to Altcoins   thecryptobasic.com 27 August 2024 11:14, UTC Open Interest (OI) in Bitcoin on exchanges has shown a noticeable decline in recent days, coinciding with a drop in its price. While Bitcoin’s price dropped mildly by 2.2% within the past…

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Tokenization Pioneer Centrifuge Launches Lending Marketplace with Morpho and Coinbase

Tokenization Pioneer Centrifuge Launches Lending Marketplace with Morpho and Coinbase   cryptonews.net 27 August 2024 11:15, UTC Centrifuge, a startup focused on blockchain-based real-world asset tokens (RWAs), has created a lending marketplace backed by multiple U.S. Treasury-backed tokens using lending firm Morpho’s vault system. The marketplace, aimed at institutions, will be hosted on Base, the…

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Tokenized Treasury Funds Surpass $2B Market Cap

Tokenized Treasury Funds Surpass $2B Market Cap   cryptonews.net 27 August 2024 11:17, UTC Less than five months after hitting a $1 billion market cap, tokenized Treasury notes have doubled again, surpassing the $2 billion mark on Saturday, according to RWA.xyz. Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as…

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How DePIN Networks Like Helium Are Bringing Blockchain to the Masses

How DePIN Networks Like Helium Are Bringing Blockchain to the Masses   crypto-news-flash.com 27 August 2024 11:20, UTC Nick Garcia highlights DePIN’s role in bringing blockchain utility to the masses through networks like Helium and Hivemapper. Helium’s decentralized wireless network gains traction, enabling global devices to connect freely, with major U.S. operators testing the network….

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