Author: American Coins & Gold

Wall Street Titan Guggenheim Tokenizes M of Commercial Paper on Ethereum
Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday.

Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL
Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.

Celo Challenges Tron's Leadership in Active Stablecoin Addresses
The CELO token has rallied nearly 20% in the past 24 hours.

U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO
The U.S. crypto market will “bifurcate from the rest of the world” said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.

Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD
“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.

Crypto Inspired by 'Moo Deng' Zooms to 0M as Hippo Meme Takes Over Internet
Holder count has zoomed to 12,400 unique wallets with over $48.5 million in volume traded over the last 24 hours, a fan page for the token said Wednesday.

Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally
The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls.

Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive 2B Capital Injection
Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries.

Singapore Court Grants WazirX Four-Month Conditional Moratorium
A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.

Singapore Court Grants WazirX Four-Month Conditional Moratorium: Source
A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.