🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

DRW and Marex complete OTC swap referencing tokenized S&P iBoxx Index

DRW and Marex complete OTC swap referencing tokenized S&P iBoxx Index

Trading firms DRW and Marex have completed what S&P Dow Jones Indices and Kaiko described as the first over-the-counter derivative referencing a fully tokenized index on blockchain infrastructure.The total return swap, executed on Derivnex's platform on the Canton Network, references S&P's iBoxx USD…

Interactive Brokers expands crypto services with Ethereum staking via Zerohash

Interactive Brokers expands crypto services with Ethereum staking via Zerohash

Interactive Brokers has added cryptocurrency staking for eligible clients, expanding its crypto services beyond trading and transfers.At launch, staking is limited to Ethereum and is available through the broker's Client Portal, with services provided by crypto infrastructure firm zerohash. Rewards …

South Korea Blocks 27 Crypto Exchange Websites, Including KuCoin, BitMart

South Korea Blocks 27 Crypto Exchange Websites, Including KuCoin, BitMart

South Korea’s Financial Intelligence Unit has ordered access restrictions on 27 websites operated by unregistered overseas cryptocurrency exchanges, including KuCoin, MEXC, Phemex, BingX and BitMart.London's trading industry is coming home!The move follows previous action against offshore exchanges.…

Arthur Hayes Says He’s Buying Tokenization Trade, Calls Profitability Questions ‘A Secondary Concern

Arthur Hayes Says He’s Buying Tokenization Trade, Calls Profitability Questions ‘A Secondary Concern

Flop Labs CEO Arthur Hayes said on Tuesday he has been buying into the tokenization trade, even as he questioned where the money in it was actually made.In an interview with The Rollup at Token2049 in Singapore, published on Tuesday, Hayes said the question of how tokenization actually makes money h…

Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off

Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off

Bitcoin (BTC) continued to target $84,000 at Tuesday’s Wall Street open as US stocks attempted to shake off South Korea’s latest tech rout.Key points:Bitcoin approached $84,000 once more at the start of US trading on Tuesday, still up by around 2%.US equities avoided a copycat sell-off after Korea’s…

EXCLUSIVE: Banks Could Lose Deposit Advantage to Stablecoins, Tether Co-Founder Warns

EXCLUSIVE: Banks Could Lose Deposit Advantage to Stablecoins, Tether Co-Founder Warns

As into payments and financial services, Reeve Collins, co-founder of Tether and chairman at WeFi, believes traditional banks may have to fight harder to retain the low-cost deposits that underpin their lending businesses."For banks, I would focus on deposits," Collins told Benzinga in an exclusive …

AI Predicts SUI as Sui Buys a Whole Blockchain for $30M

AI Predicts SUI as Sui Buys a Whole Blockchain for $30M

The Sui Foundation has paid $30 million to bring an entire blockchain onto its network, and the market answered by selling SUI back toward $1. Claude AI predicts SUI defends the $1.0017 level through this pullback, because the deal changes what runs on the chain rather than what the token is priced …

Strive reports $208M in warrant exercises as Bitcoin holdings jump 11%

Strive reports $208M in warrant exercises as Bitcoin holdings jump 11%

Strive, a publicly traded Bitcoin treasury company, increased its holdings by more than 11% last week as investors exercised $208 million in warrants, with Bitcoin purchases outpacing share issuance and giving existing shareholders greater exposure to the cryptocurrency.In a Tuesday filing with the …

Ripple, Stripe-owned Privy partner to bring embedded wallets to XRP Ledger

Ripple, Stripe-owned Privy partner to bring embedded wallets to XRP Ledger

Ripple and Stripe-owned wallet infrastructure firm Privy have teamed up to add XRP Ledger (XRPL) support to Privy's developer platform.The integration means developers will be able to add XRPL wallets to their apps without building the wallet infrastructure themselves. They will be able to create an…

Alchemix Released Quarterly Report for Q2

Alchemix Released Quarterly Report for Q2

Alchemix released its Q2 Financial Report, the first since v3 went live. Protocol revenue was about $329,000, up roughly 34% from Q1, while mainnet stablecoin deposits rose 73% to $7.41 million.Refer to the official tweet by ALCX:Want to dive into all the data?The full report is available here: ALCX…

Liquity to Be Integrated With Inverse FiRM

Liquity to Be Integrated With Inverse FiRM

Liquity integrated ysyBOLD with Inverse FiRM, making the asset available as collateral while it earns about 5% through Liquity Stability Pools. Users can borrow DOLA at a fixed rate and duration against 1.8 million DOLA of available liquidity.Refer to the official tweet by LQTY:35% APR on a stableco…

Hyperliquid (HYPE) Price Today: HYPE Holds $80 Support Despite Mounting Bearish Pressure

Hyperliquid (HYPE) Price Today: HYPE Holds $80 Support Despite Mounting Bearish Pressure

CoinGecko data puts Hyperliquid’s market capitalization at approximately $18.04 billion and its daily trading volume near $918 million. The token has underperformed the wider cryptocurrency market, which declined 3.9% over the same seven-day period. Recent market liquidations, a substantial over-the…