Blockchain Pioneer Figure Gains Bernstein Outperform Rating
@Figure has been rated outperform by Bernstein with a $54 price target, highlighting its leadership in blockchain credit markets. Shares rose 2% to $41.10. #Update #Crypto $FIGR
Blockchain
Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
SWIFT Launches Blockchain Impacting Stablecoins Globally
@SWIFT is developing a shared ledger platform for banks to settle transactions with stablecoins and tokenized assets, engaging over 30 financial institutions. #Update #Crypto $USDC
Bitcoin Launches Invisible Blockchain Financial Super App
@MercadoBitcoin is shifting focus from crypto trading to becoming a financial hub in Brazil, emphasizing digital fixed income and remittances, with trading revenue dropping from 95% to 60%. #Update #Crypto $BRL
XRP On-Chain Activity Signals 20% Drop
XRP whale activity suggests a potential sell-off as supply surges on major exchanges, risking a price correction. Futures market shows bearish divergence. #Update #Crypto $XRP
Ethereum Layer 2 Mainnet Launches by Lighter
Lighter, a decentralized exchange, launches its Ethereum Layer 2 mainnet after eight months of beta testing with ZK-based trading. #Update #Crypto $ETH
Bitcoin Capital Flow Surges Toward Dominance
Bitcoin capital flow must increase to achieve global dominance, emphasizing the need for more network participation. No significant market-moving events reported. #Update #Crypto $BTC
Tether Seeks $200M for Gold Tokenization
Tether and Antalpha seek $200M for a digital-asset treasury focused on tokenized gold, aiming to stockpile XAUt, Tether’s gold-backed token. #Update #Crypto
LINK Surges as Plasma Integrates Chainlink Services
$LINK pulls back to $20.81, gaining 6.7% this week as @Plasma integrates Chainlink’s services for stablecoin payments; Chainlink Reserve purchases 46,441 LINK, totaling over 417K tokens. #Update #Crypto $LINK
AVAX Secures $1 Billion for Multi-Chain Finance
Avalanche (AVAX) is set for a $1 billion buying spree, with AgriFORCE rebranding to “AVAX One” for $700 million in AVAX and Avalanche Treasury Co. planning a $675 million SPAC deal. Price volatility noted. #Update #Crypto $AVAX
Blockchain Summit Unveils Keynote Speakers
The Global Blockchain Summit in Shanghai on October 23 will feature speakers like @VitalikButerin and @LilyLiu, alongside workshops and discussions on real-world assets and Web3 policies. #Update #Crypto $ETH
Bitcoin Wallet Launches Stellar Blockchain Integration
@BitcoinCom has integrated Stellar blockchain into its wallet app, enhancing access to fast, low-cost payments and DeFi for global users. #Update #Crypto $XLM
Tokenization Revolutionizes Financial System Says Robinhood CEO
@Robinhood CEO Vlad Tenev announced at Token2049 that tokenization will disrupt traditional finance, with plans to tokenize real estate next. He criticized U.S. regulatory lag compared to Europe. #Update #Crypto $OP
Sui Blockchain Launches Stablecoins Backed by Ethena
The Sui blockchain will launch its first native stablecoins, USDi and suiUSDe, backed by @BlackRock and @Ethena, enhancing liquidity and utility on the platform. #Update #Crypto $SUI
SEC No-Action Letter Boosts Blockchain Growth
SEC supports decentralized infrastructure innovation as DePIN tokens gain legitimacy, while Commissioner Peirce warns overreach could stifle market innovation. #Update #Blockchain