Author: American Coins & Gold

BlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting 5M, Toppling Franklin Templeton's
BlackRock’s first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.

Web3 in the Middle East: Do All Roads Lead to Riyadh?
With a young population, enormous government funding and the hope of favorable regulation, expectations are high that Saudi Arabia will become a hub for crypto in the Middle East. But will the hype match reality?

Binance Founder Changpeng Zhao to Appear in Court Today for Sentencing
Binance founder and former CEO Changpeng “CZ” Zhao will learn how much time, if any, he’ll spend in prison Tuesday.

Tokenized Asset Issuer Backed Raises .5M as Crypto's RWA Race Heats Up
The fundraising will help accelerate Backed’s private tokenization offering and onboard asset managers to blockchains, the company said.

Liquid Restaking Protocol Renzo Airdrops REZ Token, Debuts at 9M Market Cap
The token has $75 million in trading volume in the hour after claims went live.

First Mover Americas: Bitcoin Falls to K as Hong Kong ETFs Fail to Meet Expectations
The latest price moves in bitcoin (BTC) and crypto markets in context for April 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Slips Under K as Hong Kong ETFs Disappoint
Asia’s first spot bitcoin and ether ETFs debuted in Hong Kong with dismal trading volumes.

Indonesia’s Election Results May Be Good for Crypto, Industry Watchers Say
Indonesia’s presidential election in February initially ended in controversy when the winning duo claimed victory before official results were released.

Hong Kong Bitcoin and Ether ETFs Have Soft Debut
The volume of ether exchange-traded funds came in at over $13 million, while bitcoin ETFs came in at $7.5 million.

MicroStrategy Now Holds .6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord