Tag: TradFi

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ETH Outperforms BTC As Investors Turn Attention Toward TradFi Adoption

Key takeaways:BitMine’s aggressive ETH accumulation has reinforced the $1,500 support despite $8B unrealized losses.Glamsterdam upgrade and Robinhood Chain launch signal stronger TradFi focus for...

OKX and NYSE partner to bridge Tradfi and crypto markets in joint venture led by Andrew Cuomo

Former New York Governor Andrew Cuomo is leading an OKX and New York Stock Exchange owner Intercontinental Exchange (ICE) joint venture to build infrastructure...

TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY

Baillie Gifford, a 118-year-old investment firm based in the Scottish capital of Edinburgh, unveiled a fixed-income tokenized fund in association with global custody giant...

HYPE Bulls Target $80 As TradFi Piles Into Hyperliquid DEX

Key takeaways:Hyperliquid defies the crypto bear market with $3 billion HYPE open interest, a 32% growth in a week.Hyperliquid’s TradFi innovation, like SpaceX pre-IPO...

ICE Chief Sprecher Calls Hyperliquid ‘Bigger Than Nasdaq’ as HYPE Run Draws TradFi Notice

The founder of the company that owns the New York Stock Exchange praised the small decentralized exchange and its SpaceX pre-IPO market, even as...

TradFi giant IG set to expand crypto trading across Europe

Trading giant IG (IGG), which started offering cryptocurrency trading in the U.K. a year ago, said it plans to expand the service across Europe,...

BTC lenders say institutions want crypto credit to look more like TradFi

Bitcoin lenders may need to become more like traditional finance firms, not less, if they want institutional capital to keep flowing into the sector.At...

Crypto TradFi perpetuals are predicting the direct of Wall Street’s Monday open with 89% accuracy

Crypto exchanges are starting to take on a new role: pricing traditional assets while Wall Street is closed.The growing market for perpetual futures contracts...

Circle Launches Stablecoin Settlement Solution for TradFi Institutions

Circle Payments Network (CPN) Managed Payments let financial institutions operate in fiat, while using crypto rails behind the scenes via Circle.Circle today launched Circle...

TradFi Is Buying Bitcoin Again, But War, Inflation May Unravel The Rally

Bitcoin’s (BTC) consolidation continued into Thursday as bulls struggled to keep hold of $70,000, and competing narratives on BTC’s market structure versus its increasing...

BTC volatility signals a bottom as tradfi reels in uncertainty

Some worry bitcoin BTC$70,577.61 could still see a deeper sell-off, but one key indicator suggests the bottom may already be behind us.That indicator is...

Why cautious TradFi firms love staked ether

Crypto has gone mainstream as a financial asset class and TradFi institutions now feel obligated to dip their toes into the space, if only...