Crypto markets are reeling as Bitcoin plunges below the $107K mark, dragging major altcoins—including XRP and ADA—deep into the red. The selloff accelerated over the past hours, fueled by tighter liquidity, a worsening credit market 'cockroach' issue that's haunting the sector, and a surge in... ... Read full 🔴😞 CryptMarket Analysis — 20-10-12
Securitize, a real-world asset tokenization platform, has unveiled a tokenized fund designed to give investors access to AAA-rated collateralized loan obligations onchain.The fund is being developed in partnership with global investment bank BNY Mellon. According to Wednesday’s announcement, BNY wil…
Strategy Inc., the company led by Michael Saylor that rebranded from MicroStrategy, was hit with a junk credit grade on Monday as S&P Global Ratings flagged its heavy concentration in Bitcoin and weak dollar liquidity.According to S&P, the firm’s balance sheet is tied closely to the price of Bitcoin…
The UK’s top financial regulator is considering banning the use of credit cards and other forms of credit to purchase Bitcoin and other crypto assets due to growing concerns about consumer debt and financial harm.The proposal appears in a new discussion paper (DP25/1) released Friday by the Financia…
Apollo, an investment firm with over $730 billion in assets under management, is offering investors a new tokenized private credit fund with the help of security token specialist Securitize.Accessed via the Apollo Diversified Credit Securitize Fund (ACRED) feeder fund, the token is the first public …