Tokenized funds hit $5.7B, scaling fast — Moody’s

Tokenized funds hit $5.7B, scaling fast — Moody’s

Tokenized short-term funds, a new class of digital financial products bridging traditional and decentralized finance, have grown to reach $5.7 billion in assets since 2021, according to a new Moody’s report.  The credit rating service sees growing interest from traditional asset managers, insurers, and brokerages looking to offer clients access between fiat and digital markets….

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Helene Braun

Trump’s Team ‘Knows Nothing’ About Apparent ‘$TRUMP Wallet’ Launch, Spokesperson Says

A representative of the Trump Organization said the group “knows nothing” about a crypto wallet project called the “$TRUMP Wallet,” despite the app’s branding and claims being tied to the U.S. president. “The Trump Organization knows nothing about this project,” a spokesperson for the Trump Organization told CoinDesk. The app, according to its sparse but…

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France Charges 25 People, Including 6 Minors, in Crypto Kidnapping Cases

French authorities have charged 25 people, including six minors, for their roles in a spate of crypto kidnappings in Paris, with the majority of the suspects connected to the recent failed kidnapping attempt of a crypto exchange CEO’s family, Paris’s public prosecutor’s office said, Le Monde reported Saturday. The investigation is focused on the kidnapping…

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May Production of 950 Bitcoin

Bitcoin miner MARA Holdings (MARA) produced 950 BTC in May, a 35% increase from the previous month and its strongest output since the Bitcoin halving in April 2024, the company said Tuesday. The firm also set a new internal monthly record for blocks won, totaling 282, a 38% jump from April. CEO Fred Thiel attributed…

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Oliver Knight

ATOM Surges 5% Before Forming Bearish Head-and-Shoulders Pattern

Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets as stablecoin giant Circle prepares for its landmark NYSE listing. The company behind USDC has increased both share count and price range, signaling strong institutional confidence in the stablecoin sector despite ongoing regulatory uncertainty. Meanwhile, industry associations have issued a joint statement urging lawmakers…

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DeFi must return to its P2P origins.

DeFi must return to its P2P origins.

Opinion by: Jean Rausis, co-founder of SmarDex Decentralized finance (DeFi) began with a clear vision: to enable a global, permissionless financial system built on peer-to-peer (P2P) transactions, free from the constraints of traditional finance (TradFi).  Early decentralized lending platforms embraced that vision by connecting lenders and borrowers directly, allowing them to negotiate their terms without…

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CoinDesk Bot

AVAX Rises 3.8% on Strong Volume, Breaking Key Resistance Levels

AVAX broke through key resistance levels on high volume, establishing new support zones around $21.30 as traders navigate complex market conditions influenced by international trade disputes and monetary policy speculation. Technical Analysis • AVAX climbed from $20.52 to $21.31, representing a 3.8% gain with a total range of $1.28 (6.2%). • Price formed a clear…

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