BNB Chain's tokenized equities have surged to about $1.3 billion, representing nearly 45% of the $2.9 billion tracked market, largely due to the rapid growth of bStocks launched in June. bStocks quickly expanded from $5.6 million to over $500 million in assets under management within seven weeks, boosting trading volume past $19 billion. While BNB Chain leads in tokenized stocks, Ethereum still dominates the broader real-world asset market with a 45% share, supported by diverse asset classes like Treasuries and private credit. BNB's price hovers near $700, with technical resistance and support levels indicating potential volatility ahead.
Crypto markets remained mostly stable this week after Bitcoin's recent rebound, with VeChain (VET) surging over 50% in two weeks, showing potential to climb further. Rain (RAIN) also rallied 22% but faces volatility with an overextended RSI, suggesti...
SanDisk and partner Kioxia announced a $31 billion investment over six years to expand NAND flash memory capacity in Japan, targeting AI data storage needs. Unlike past cycles that suffered from oversupply, this expansion is secured by long-term cont...
Bitcoin ETFs have stopped their nine-day streak of inflows, indicating a pause in demand, while Ethereum funds continue to see fresh investments. This divergence suggests a shift in institutional interest from Bitcoin to Ethereum amid a fragile marke...
Solana (SOL) ended a 10-month losing streak by rising about 46% in August, boosted by strong institutional interest, including Charles Schwab's upcoming platform integration and significant ETF inflows. The network also saw record transaction volumes...
President Donald Trump signed an executive order renaming Lake Ontario to Lake America within the United States, a change now reflected on Google Maps for US users. This move comes amid escalating trade tensions between the US and Canada, including r...
