Eine neue Umfrage belegt, dass knapp die Hälfte der befragten Hedgefonds mittlerweile auch in Kryptowährungen investiert.
Ryan Salame beantragt erneuten Haftaufschub bis Anfang Dezember
Der frühere FTX-Manager Ryan Salame bittet nach einem vermeintlichen Angriff durch einen Hund erneuten Haftaufschub für medizinische Behandlung.
Ripple launches crypto custody solution for banks
- Ripple has unveiled new features for its custody solution for banks and fintechs.
- The company is looking to tap into the growing tokenization and RWA market.
Ripple has launched new features that bring digital asset custody to banks and fintechs, the blockchain company announced on Oct. 10.
According to the announcement, the company’s Ripple Custody platform now supports bank-grade custody technology. Customers will be able to tokenize a wide range of assets, including crypto, fiat, and RWAs, all while leveraging Ripple’s XRP Ledger integration.
Other notable features include transaction screening with Elliptic integration and hardware security via AWS Cloud HSM. In this case, Ripple Custody brings banks and other financial technology companies the capacity to build and scale their businesses, tapping into software infrastructure that adds key layers of security for transfers and settlements.
“Ripple’s custody technology offers a single platform for safeguarding and managing digital assets, designed with the security and compliance standards that top global banks and financial institutions have come to rely on, ” said Aaron Slettehaugh, SVP of product at Ripple.
Ripple eyes rapidly growing crypto custody market
The new move aims at helping Ripple make inroads in a global digital asset custody market expected to hit $16 trillion by 2030. The company also targets the tokenization trajectory that will see 10% of the world’s gross domestic product on-chain by 2030.
Currently, Ripple Custody offers its services to major banks across the globe, including in the US, Switzerland, Germany, France, the UK, Singapore and Hong Kong. Industry players utilizing Ripple Custody include DBS, BBVA Switzerland, Societe Generale-FORGE, and Archax.
Ripple acquired Swiss-based custody firm Metaco in May 2023, taking steps that have seen it grow its crypto custody business. Standard Chartered’s Zodia Custody integrated Metaco’s digital assets custody solution in December 2023.
Earlier this month, the company secured an in-principle approval to expand its services in the United Arab Emirates.
The post Ripple launches crypto custody solution for banks appeared first on CoinJournal.
BTC risks dropping below $60k as Bitcoin Dogs trades above $0.006
Key takeaways
- Bitcoin trades in the $60k region and could dip further if the bearish momentum continues.
- $0DOG is down 6% in the last 24 hours but continues to trade above $0.006 per coin.
BTC could dip below $60k as bears remain in control
The cryptocurrency market has been bearish since the start of the week, with the prices of most coins and tokens currently in the red. Bitcoin, the leading cryptocurrency by market cap, is down more than 2% in the last 24 hours.
At press time, Bitcoin’s price is $60,737, but if the bearish trend continues, it could drop below $60k soon. Analysts believe Bitcoin is consolidating and could rally higher in the medium term.
What is Bitcoin Dogs?
The cryptocurrency market has been consolidating in recent weeks, but new projects continue to emerge, offering investors more ways to invest in the market. Bitcoin Dogs is a new project offering products and services to users in the Bitcoin ecosystem.
It leverages the growth of the Bitcoin blockchain to become a leading coin. Bitcoin Dogs is the first BRC-20 token ICO on the Bitcoin network and seeks to add another utility layer to the blockchain.
Following its successful presale, where it raised $13 million, Bitcoin Dogs is currently working on incorporating the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to enable it to become a solid Bitcoin-based project.
$0DOG, Bitcoin Dogs’ native token, is live on several crypto exchanges, including MEXC, Gate.io, Uniswap, Unisat, and others. $0DOG is also live on Coinmarketcap and DEXTools.
$0DOG underperforms alongside the broader crypto market
$0DOG is underperforming, similar to the broader crypto market. The token has lost 6% of its value in the last 24 hours but continues to trade above $0.006 per coin.
Despite the bearish market, the Bitcoin Dogs team continues to roll out new features and services for its users. Earlier this week, the team rolled out the $0DOG-ETH LP Farm, with an APY of 447%.
This latest development allows investors to add liquidity to the Bitcoin Dogs ecosystem and receive massive returns on their investments.
Should you buy the Bitcoin Dogs token with this retracement?
The cryptocurrency market has been underperforming in recent weeks, and Bitcoin Dogs is no exception. $0DOG is down from the all-time high of $0.01792 it achieved last month.
The retracement provides a buying opportunity for investors as the token could soar higher once the bulls regain control of the broader cryptocurrency market. The team is already rolling out its products and services, including a blockchain-based game and several staking opportunities. These developments could push $0DOG’s price higher in the medium to long term.
The post BTC risks dropping below $60k as Bitcoin Dogs trades above $0.006 appeared first on CoinJournal.
Rexas Finance (RXS): Ethereum-based RWA giant raises $2,750,000 as third presale ends before schedule
The hype surrounding Rexas Finance (RXS) has intensified with the successful early completion of its Stage 3 presale, raising $2.75 million ahead of schedule. This Ethereum-based real-world asset (RWA) tokenization platform saw over 57 million tokens sold in a short space of time, prompting the early transition to Stage 4 of the presale. The token price has now increased to $0.06, offering investors a final opportunity to secure tokens before the official launch.
Stage 4 presale: Skyrocketing exposure and advanced investments
With growing demand for Rexas Finance tokens, stage 4 of its presale represents the last opportunity for crypto investors to buy the token before it enters the market at a higher price. During Stage 4, each RXS Token is still priced at $0.06, which is significantly below the level analysts expect RXS to trade at when it becomes available on the open market.
Having raised $2.75 million in previous stages, Rexas Finance is quickly attracting the attention of retail and institutional investors alike, seeking a strong foothold in the real-world asset tokenization market. Considering the growing pace of demand, many industry observers believe that Stage 4 will sell out quickly, potentially leading to increased prospects for RXS once it is listed on exchanges.
Rexas Finance (RXS) ecosystem: Tokenization of real-world Assets
The Rexas Finance platform features one of the most attractive solutions that concentrate on the tokenization of many different kinds of tangible assets like real estate, works of art, and other valuables. Rexas Finance serves as a bridge by enabling ordinary investors who otherwise, would not have been able to engage with such high-value markets and hence engage in partial returns on objects that were previously inaccessible.
The Rexas Finance system provides its customers with a streamlined workflow for the tokenization and trading of real assets through blockchain technology. This eliminates many of the challenges typically associated with financing artwork or property, such as high upfront costs and asset liquidity issues. Given its current trajectory, the increasing number of assets tokenized on the platform indicates the disruption of trillion-dollar industries, making the project one of the most attractive in 2024.
$1M Giveaway: Offering rewards to early investors
In addition to the robust presale, Rexas Finance has announced a $1 million giveaway as part of an initiative to welcome and reward those who subscribe to the presale stages. This initiative has attracted even more investors, as those who participate in the giveaway have the opportunity to win significant rewards, further increasing attention on the token.
By offering $1 million to potential funders and utilizing a specific mechanism for creating added value during the presale, Rexas Finance makes it even more enticing to become part of its growing ecosystem as an early investor before the token becomes available. Many believe that RXS’s listing will likely lead to a price surge for the token, making presale investment an attractive opportunity to benefit from both the token’s price rise and the giveaway.
Final Overview: The future of Rexas Finance looks promising
As Rexas Finance (RXS) enters Stage 4 of its presales, it appears to be on track to become a significant force in the tokenized real-world asset market. With $2.75 million raised and over 57 million tokens sold, the successful presale of Rexas Finance reflects the market’s demand for RWA tokenization.
Since the $1 million giveaway is still ongoing and the token price remains at $0.06, now could be an opportune time for investors to get involved before RXS goes public. As the Rexas Finance ecosystem expands, the anticipated growth is expected to drive token price appreciation, offering early investors the chance to realize significant returns soon.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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