Tag: Asset

Tesla overtakes Bitcoin on global asset leaderboard

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Bitcoin has fallen to the 12th-largest asset globally by market capitalization, slipping behind Tesla in the rankings, according to CompaniesMarketCap. The digital asset’s price tumbled to $81,000 earlier today and continued to fall as trading progressed. At the time of writing, BTC was hovering around $77,300, down 8% over the past 24 hours, TradingView data shows. The recent decline has pushed Bitcoin’s market capitalization down to approximately $1.5 trillion, allowing Tesla, now valued at $1.6 trillion, to move ahead to the 11th position. Earlier this week, Bitcoin fell out of…

Pundit Says XRP Price Is Not A ‘Crypto’ Question, But A Systemically Important Liquidity Asset

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A crypto analyst has provided a new update on the XRP price, highlighting its role as a systemically important liquidity asset. According to the pundit, its price dynamics go beyond the typical crypto speculation, emphasizing its value as a foundational financial tool for global liquidity, settlement, and treasury management.  XRP Price Signals Value Beyond Crypto Speculation On January 27, crypto analyst and investor Rob Cunningham shared a new take on the XRP price that challenges conventional crypto thinking. He emphasized that the question of XRP’s value is not primarily about…

White House to lead talks on digital asset legislation with banks and crypto firms

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The White House will convene talks next week with executives from major banks and crypto companies to discuss the path forward for US digital asset legislation, according to a Reuters report. The discussions will center on how the Clarity Act treats interest and other rewards offered on customer holdings of dollar-pegged stablecoins. The Clarity Act aims to establish federal rules for digital assets following years of industry lobbying for clearer regulation. Crypto firms argue that offering rewards such as interest is critical for attracting and retaining users, and that restricting…

Morgan Stanley Appoints Head of Digital Asset Strategy

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Morgan Stanley has tapped veteran executive Amy Oldenburg to lead the investment bank’s new crypto unit, just weeks after announcing plans to launch three crypto exchange-traded funds and a crypto wallet. Oldenburg will transition to head of digital asset strategy after working in Morgan Stanley’s emerging markets equity team since 2001, Bloomberg reported on Tuesday. Oldenburg has been leading the emerging markets team since November 2021, where she was tasked with driving the division’s digital asset strategy. Job listings on LinkedIn show the $2 trillion investment bank is also looking…

Sacks Says Banks and Crypto Will Merge Into One Digital Asset Industry

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White House crypto czar David Sacks said banks and crypto companies will ultimately merge into “one digital asset industry” once Congress passes the long-delayed market structure bill. The comments came during an interview on CNBC’s Squawk Box on Wednesday at the World Economic Forum (WEF) in Davos, Switzerland, where Sacks was asked about the negotiations around the proposed CLARITY Act, a market structure bill that has stalled amid debate over whether stablecoin issuers should be permitted to offer yield. David Sacks (middle) speaks during a Squawk Box interview at the…

Hong Kong Highlights Balanced Digital Asset Regulation at Davos

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Hong Kong Finance Secretary Paul Chan defended the city’s “same activity, same risk, same regulation” framework for digital assets while speaking at the World Economic Forum in Davos, according to the South China Morning Post. Speaking at a closed-door workshop in Switzerland on Tuesday, Chan said finance and technology were increasingly intertwined but required a balanced regulatory approach. He said: Digital assets should serve the real economy. But we must also build strong guardrails to address risks to financial stability, market integrity and investor protection. Chan pointed to the city’s…

RedStone acquires Security Token Market to accelerate tokenized asset adoption

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RedStone, a prominent oracle provider that secures over $6 billion in onchain value across 110 blockchains, announced Tuesday it has acquired Security Token Market (STM.co), along with its TokenizeThis conference, to expand its US and institutional presence. RedStone co-founder Marcin Kaźmierczak said in a statement that the acquisition of STM could help them meet the growing demands of the onchain economy. It combines STM’s real-world asset (RWA) data and industry presence with RedStone’s oracle infrastructure to support crypto and institutional markets. “We are kicking off 2026, the year of tokenized…

Digital Asset Treasuries That Just Hodl Get It Wrong

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Opinion by: Mike Maloney, Chairman of 21 Vault, a company operating in digital asset infrastructure and treasury strategy ​Digital asset treasuries (DATs) started back in 2020 with Strategy’s decision to buy and hold Bitcoin (BTC). ​That fateful decision has created a treasury with a market capitalization exceeding $80 billion. ​A flurry of companies began to replicate this buy-and-hold approach. These new DATs raise huge amounts of capital to buy their chosen asset before merging with publicly traded companies, giving investors exposure to crypto via their stocks. Summer turned to winter.…

Digital asset funds record nearly $2.2B inflows in strongest week since October

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Key Takeaways Digital asset investment products saw almost $2.2 billion in inflows, marking the strongest week since October 2025. Bitcoin led with over $1.5 billion in inflows; Ethereum and Solana attracted $496 million and $45 million, respectively. Share this article Investors poured approximately $2.2 billion into digital asset products last week, marking a peak in weekly inflows not seen since October 2025, according to CoinShares. By assets, Bitcoin dominated with over $1.5 billion in new capital. Ethereum trailed with nearly half a billion dollars, while XRP rounded out the top…

Myriad Markets adopts World Liberty Fi’s USD1 as exclusive settlement asset

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Key Takeaways Myriad integrates USD1 stablecoin as its first base settlement asset on BNB Chain. The integration aims to standardize liquidity and infrastructure while boosting stablecoin utility in prediction markets. Share this article Myriad Markets, a prediction market protocol, has integrated World Liberty Financial’s USD1 stablecoin as its first base settlement asset, bringing the dollar-backed token to BNB Chain as part of a broader product expansion. The integration went live earlier today with USD1-denominated markets, starting with Myriad’s Candles product, a market structure designed for short timeframes, continuous liquidity, and…