Tokenized stocks could top $1T in market cap — Execs

Tokenized stocks are on track to exceed $1 trillion in market capitalization in the coming years as adoption accelerates, two industry executives said at the TokenizeThis conference in New York.  The total addressable market for tokenized stocks — a type of tokenized real-world asset (RWA) —  is difficult to project but is “definitely a bigger…

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Crypto Biz: Is the US Fed prepping the money printer?

The US Federal Reserve under Jerome Powell has developed a reputation for dragging its feet on implementing important policy changes. However, a top central banker has assured that the Fed is “absolutely” ready to do whatever it takes to avoid a financial crisis, whether triggered by the US-led trade war or other adverse developments. Although…

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Analysts brace for Bitcoin slide on gloomy US manufacturing data

Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in overall business activity since 2020. …

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Bitcoin whales absorb 300% of newly mined BTC supply — Is $100K next?

Bitcoin’s (BTC) richest traders and investors are increasingly bullish on BTC despite facing downside risks from unfavorable macroeconomic factors, the latest onchain data suggests. Bitcoin whales absorbing 300% of new supply Bitcoin whales and sharks are now absorbing BTC at record rates—over 300% of yearly issuance—while exchanges are losing coins at a historic pace, according…

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Oregon targets Coinbase after SEC drops its federal lawsuit

Oregon Attorney General Dan Rayfield is planning a lawsuit against crypto exchange Coinbase, alleging the company is selling unregistered securities to residents of the US state, after the United States Securities and Exchange Commission’s (SEC) dropped its federal case against the exchange. According to Coinbase’s chief legal officer, Paul Grewal, the lawsuit is an exact…

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FSU Shooting Suspect Identified as Stepson of Sheriff's Deputy

FSU Shooting Suspect Identified as Stepson of Sheriff’s Deputy

TALLAHASSEE, Florida – Florida State University students turned out in person and online for an impromptu memorial service last night after a shooter killed two and injured six on Thursday, before being captured. Authorities say 20-year-old Phoenix Ikner, a current FSU student, opened fire near the Student Union around noon Thursday.  Witnesses reported chaos as…

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