XRP (XRP) has been declining in the past week as the crypto market seems to have taken a breather from its late April rally. Sentiment has apparently turned bearish ahead of Wednesday’s meeting of the Federal Open Market Committee (FOMC) as there is a bit of uncertainty about how the U.S. central bank will respond to the latest economic reports. XRP has booked an 8.9% loss in the past 7 days and has taken a 2.7% loss in the past 24 hours to sit at $2.08. Despite this temporary setback, the adoption of Ripple’s new native stablecoin – Ripple USD (RLUSD) – seems to be growing and this supports a bullish XRP price prediction . Data from CoinMarketCap shows that the market cap of this stable asset has been steadily rising since it was launched, moving from $53.2 million to $317 million in just five months. As companies and individuals progressively embrace RLUSD, the demand for XRP as the network’s utility token will likely grow over time. This favors a bullish outlook for the token despite its latest weakness. XRP Needs to Stay Above $2 to Keep the Rally Going Looking at the daily chart, we can see that XRP is currently heading to retest a key support – its 200-day exponential moving average (EMA). This is a widely watched technical indicator that signals the direction of an asset’s long-term trend. XRP made a higher high following its 21-day EMA breakout last month. For now, the token’s valid low stands at around $2.02. If the price bounces off this level, the uptrend will be intact. However, a break below the $2 level would signal that bears have taken control of the price action and will invalidate the uptrend. This could lead to a retest of the lows seen in early April at around $1.7 per token. Meanwhile, if the price bounces off the $2 area, the odds favor a big push toward the $2.6 lower high first and then to $3.2. Although XRP may not rise to $100 immediately, its long-term outlook is quite bullish as network adoption grows as a result of the launch of successful decentralized assets like RLUSD. Meanwhile, as cryptos recover, the best presales like MIND of Pepe (MIND) could outperform well-established tokens like XRP this year. MIND of Pepe (MIND) Raises Nearly $9M to Launch its Power AI Agent MIND of Pepe (MIND) is an AI agent designed to take social media platforms like X by storm by tapping into the popularity of a viral meme like Pepe the Frog while leveraging the power of AI to discuss interesting topics with users. As it gains influence, MIND of Pepe will identify emerging social trends that can be monetized by $MIND holders. The agent can pass on these insights along with ideas for new meme coins that can be created and promoted to capitalize on these new trends. At its discounted price of $0.0037515, $MIND offers significant upside potential to early buyers who understand its potential to become the next AIXBT or CGPT. To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet ). You can either swap cryptos like USDT or ETH for this token or use a bank card to make your investment. The post XRP Price Prediction: Real-World Adoption Is Surging – Is a Breakout to $100 Next? appeared first on Cryptonews .
The post Dogecoin Price Prediction: Altcoin Season To Start When DOGE Pumps? appeared first on Coinpedia Fintech News Dogecoin is currently trading at $0.166, down over 3% in the past 24 hours. Over the past week, DOGE has declined by 6.8%. As per a CCN analysis , Dogecoin’s funding rate has turned negative which means that traders are betting against it. The Network Value to Transaction (NVT) ratio is also high, which shows there is more speculation than real use. If the interest does not increase, then DOGE could fall to $0.10 unless it breaks through $0.18. Analysts Bullish Over DOGE However, analysts see strong growth for the memecoin. Dogecoin’s previous all-time high of $0.73 was in May 2021. Analysts predict that if it manages to break its ATH, it could even aim for $1. Analyst Ali Martinez recently shared that DOGE is testing a key support level at $0.167. If it manages to hold above this level, then it could rebound to $0.175 and even rally up to $0.183. A new weekly chart by analyst GreenCrypto on TradingView shows that Dogecoin is forming an Ascending Wedge pattern, which is a sign of a long-term upward trend since 2023. If the pattern continues, Doge could break out and register a new all-time high of $1.161 with 582% gain. He has also warned that if it drops below the key support level at $0.177, then price could further see downward movement. DOGE Rally Could Trigger Altseason According to analyst Cas Abbé , for the next altseason to kick off, DOGE needs to pump. He said that since 2017, DOGE rallies have often signaled the start of altcoin season. Now, to trigger the next rally, DOGE needs to break above $0.22, which could overlap with the upcoming altseason. Also, whale wallets have accumulated over 100 million DOGE in the past week which further increase the chances of a price rise. With the altcoin season fast approaching, these indicators hint that the memecoin is all set for a powerful pump.
Hey crypto enthusiasts and market watchers! Get ready for some eye-popping numbers straight from the world of institutional finance. The big news shaking up the market is the incredible pace at which BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), is accumulating the king of crypto. We’re talking billions of dollars flowing into Bitcoin through this single investment vehicle. BlackRock IBIT’s Staggering Bitcoin Acquisition Let’s dive right into the specifics that have everyone talking. According to data tracked by Lookonchain, BlackRock’s IBIT has been on a buying spree like no other. In just the past two weeks, this single fund reportedly added a whopping 41,452 BTC to its reserves. At current market prices, that translates to a staggering $3.92 billion BTC purchase . This rapid accumulation isn’t just a flash in the pan; it’s building on an already impressive base. These recent buys bring BlackRock IBIT’s total Bitcoin holdings to a monumental 614,639 BTC. To put that into perspective, that’s worth approximately $58.07 billion at the time of reporting. These numbers solidify IBIT’s position as a dominant player in the newly launched spot Bitcoin ETF market and highlight the significant demand coming from institutional investors. What Do These Massive IBIT Holdings Mean for the Bitcoin ETF Landscape? The sheer scale of BlackRock IBIT’s holdings and its continued rapid accumulation have profound implications for the entire Bitcoin ETF ecosystem and the broader crypto market. When a financial giant like BlackRock makes such substantial and consistent BTC purchase moves, it sends a clear signal about institutional confidence in Bitcoin as an asset class. Here’s what this means: Dominance Emerges: IBIT is quickly establishing itself as a leader among the new spot Bitcoin ETFs, challenging even long-standing products like Grayscale’s GBTC, which has seen outflows since converting. Absorption of Supply: Large, consistent buys by funds like IBIT absorb available Bitcoin supply from the market, which can influence price dynamics. Validation: The success and growth of BlackRock IBIT serve as a powerful validation for Bitcoin as a legitimate investment asset for large-scale portfolios. Think about the contrast: while some older structures see outflows, the new spot ETFs, particularly IBIT and others like Fidelity’s FBTC, are seeing significant inflows, fundamentally changing how large money accesses Bitcoin. Decoding the Trend of Institutional Bitcoin Adoption The remarkable growth of BlackRock IBIT is a direct reflection of a broader trend: increasing institutional Bitcoin adoption. For years, Bitcoin was primarily a retail phenomenon. Now, major financial institutions, corporations, and even sovereign wealth funds are exploring or actively allocating capital to Bitcoin. Several factors are driving this shift: Regulatory Clarity: The approval of spot Bitcoin ETFs in the U.S. provided a regulated, accessible pathway for institutions to gain exposure without the complexities of direct custody. Macroeconomic Environment: Concerns about inflation and currency devaluation are pushing institutions to seek alternative store-of-value assets. Performance Potential: Despite volatility, Bitcoin’s historical performance and potential for significant returns remain attractive to portfolio managers seeking diversification and growth. Increased Infrastructure: The crypto ecosystem has matured, with better custody solutions, liquidity, and institutional-grade trading platforms. The activity seen in BlackRock IBIT is not just about one fund; it’s a microcosm of this larger, ongoing institutional embrace of digital assets. The Ripple Effect: How IBIT Holdings Influence the Market When a fund the size of BlackRock IBIT accumulates Bitcoin at such a rapid pace, it inevitably has an impact on the market. The continuous BTC purchase by these large ETFs creates a significant demand sink. Consider this: Every Bitcoin bought by IBIT is essentially taken off the open market and locked away in the fund’s reserves, reducing the readily available supply. If demand from ETFs like IBIT outstrips the new supply of Bitcoin (from mining rewards and selling pressure), it can put upward pressure on the price. The success of IBIT and other ETFs also generates positive sentiment, attracting further investment, both institutional and retail. While market dynamics are complex and influenced by many factors, the consistent, large-scale buying from entities like BlackRock IBIT is undoubtedly a major force shaping the current Bitcoin landscape. Exploring the Benefits and Challenges of Investing via a Bitcoin ETF For many investors, particularly institutions, the Bitcoin ETF structure offered by products like IBIT presents a compelling way to access Bitcoin. However, like any investment vehicle, there are both advantages and potential drawbacks. Benefits: Accessibility: Easily traded on traditional stock exchanges, making it simple for investors with brokerage accounts. Convenience: No need to worry about setting up crypto wallets, managing private keys, or dealing with exchanges directly. Regulatory Oversight: Traded on regulated markets, potentially offering more investor protection compared to some direct crypto investments. Liquidity: High trading volume often means it’s easy to buy and sell shares. Challenges: Management Fees: ETFs charge fees (expense ratios) to cover operational costs, which can eat into returns over time. Indirect Ownership: You own shares in the ETF, not the underlying Bitcoin itself. Tracking Error: The ETF’s performance might not perfectly match the spot price of Bitcoin due to fees and operational factors. Market Volatility: While the ETF structure offers convenience, it doesn’t shield you from Bitcoin’s inherent price volatility. Understanding these points is crucial whether you’re an institution eyeing the massive IBIT holdings or a retail investor considering a smaller allocation. Actionable Insights for Investors What should you take away from BlackRock IBIT’s massive buying activity? The key insight is that institutional demand for Bitcoin is real and is being effectively channeled through the new spot ETF products. Monitoring ETF flows, particularly from major players like BlackRock and Fidelity, provides valuable insight into the sentiment and actions of large-scale investors. While past performance is not indicative of future results, the consistent accumulation by these funds suggests a long-term bullish perspective from significant market participants. For potential investors, the existence of robust ETFs like IBIT offers a more traditional and potentially less daunting path into Bitcoin compared to direct ownership. However, always conduct thorough research and consider your own risk tolerance before investing. Conclusion: BlackRock IBIT Leading the Charge in Institutional Bitcoin Adoption The numbers don’t lie: BlackRock IBIT’s accumulation of over $3.92 billion in Bitcoin in just two weeks, pushing its total IBIT holdings past the $58 billion mark, is a landmark event. It underscores the immense appetite for Bitcoin among institutional investors and highlights the success of the spot Bitcoin ETF structure as a bridge between traditional finance and the crypto world. This isn’t just a story about one fund buying Bitcoin; it’s a narrative about the ongoing maturation of the asset class and its increasing acceptance by the mainstream financial system. As long as inflows into funds like BlackRock IBIT remain strong, the influence of institutional capital on the Bitcoin market will only continue to grow. To learn more about the latest Bitcoin ETF trends and institutional adoption, explore our article on key developments shaping Bitcoin’s future price action.
As HBAR faces a 7% decline this week, the broader crypto market shows signs of slight recovery, highlighting the token’s ongoing struggles. The coin’s performance issues are underscored by its
The post Bitcoin Price Prediction 2025, 2026 – 2030: When Will BTC Hit $100k? appeared first on Coinpedia Fintech News Story Highlights The Bitcoin price today is $ 93,981.33489174 . The BTC price could hit a maximum price of $167,598.22 in 2025. Increased adoption could push the BTC price beyond $901,383.47 by 2030. Bitcoin price is currently changing hands at $93,777.65. The price continues to take fuel from the news around China’s tariff pause, Tesla continuing to hold BTC, despite a slump in TLSA stock, and notable whale buys on exchanges. Moreover, bullish technical indicators like MACD and ascending triangles showed further support to the BTC price. Amidst the volatility, questions like, “What’s next for Bitcoin price after 100k?”, “Will Bitcoin go back up?”, or “How high will Bitcoin go in 2025?” are surfacing yet again! This comprehensive Bitcoin Price Prediction solves such doubts. What is Bitcoin price prediction for today? The BTC price may range between $93,000 and $95,200 today. Table of Contents Story Highlights Bitcoin Price Today Bitcoin Price Prediction May 2025 Bitcoin Crypto Price Prediction 2026 – 2030 BTC Price Forecast 2026 BTC Price Prediction 2027 Bitcoin Predictions 2028 BTC Price 2029 Bitcoin Price Prediction 2030 Bitcoin Price Prediction 2031, 2032, 2033, 2040, 2050 Bitcoin Prediction: Analysts and Influencer’s BTC Price Target CoinPedia’s Bitcoin (BTC) Price Prediction FAQs Bitcoin Price Today Cryptocurrency Bitcoin Token BTC Price $ 93,981.33489174 -0.36% Market cap $ 1,866,560,566,826.20 Circulating Supply 19,860,971.00 Trading Volume $ 22,272,051,226.0216 All-time high $109,114.88 on 20th January 2025 All-time low $0.04865 on 15th July 2010 Bitcoin Price Prediction May 2025 Bitcoin price shows a strong bullish trend, trading above the 9-day SMA with RSI at 70.46, nearing overbought territory. The recent rally from below $80,000 to over $97,000 suggests strong momentum. A potential ascending triangle breakout is visible, indicating bullish continuation. The RSI trend also supports upward momentum. However, caution is advised as the price approaches psychological resistance near $100,000. High Price : $98,000 Low Price : $76,000 Average Price : $84,000 Bitcoin Price Prediction 2025 Bitcoin exchange outflows increased dramatically in the recent past, indicating strong stockpiling. Learning from the chart by Crypto Quant , after a brief pause following the spike around April 7-9, the volumes have again started rising higher. Bitcoin Exchange Outflow (Total) Talking about Bitcoin Price Prediction, if things turn bullish, BTC is expected to create a high of $167,598.22. If things go south, we can expect a low of $71,827.81. That being said, the average Bitcoin price projection for 2025 will potentially be $119,713.02. Year Potential Low Potential Average Potential High 2025 $71,827.81 $119,713.02 $167,598.22 Also Read: What is Bitcoin? An In-Depth Guide To The King Of Digital Currencies Bitcoin Crypto Price Prediction 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 $100,559.00 $167,598.22 $234,637.51 2027 $140,782.60 $234,637.51 $328,492.51 2028 $197,095.64 $328,492.51 $459,889.52 2029 $275,933.89 $459,889.52 $643,845.33 2030 $386,307.45 $643,845.33 $901,383.47 BTC Price Forecast 2026 The BTC price range in 2026 is expected to be between $100,559.00 and $234,637.51. Moreover, the average Bitcoin price is projected to be $167,598.22. BTC Price Prediction 2027 Subsequently, the Bitcoin price range can be between $140,782.60 to $328,492.51 during the year 2027. Furthermore, the average price of Bitcoin is expected to be $234,637.51, indicating a relatively stable bullish period for BTC. Bitcoin Predictions 2028 With the next Bitcoin halving, the price will see another bullish spark in 2028. Specifically, as per our Bitcoin Price Prediction, the potential BTC price range in 2028 is $197,095.64 to $459,889.52. The average price is also expected to be $328,492.51, demonstrating continued positive momentum. BTC Price 2029 Thereafter, the BTC price for the year 2029 could range between $275,933.89 and $643,845.33. The average price is projected to be $459,889.52, indicating a significant rise in Bitcoin’s value. Bitcoin Price Prediction 2030 Finally, in 2030, the price of Bitcoin is predicted to maintain a positive trend. Indeed, the BTC price is expected to reach a new all-time high, ranging between $386,307.45 and $901,383.47. In conclusion, the average cost is expected to be $643,845.33. Bitcoin Price Prediction 2031, 2032, 2033, 2040, 2050 Based on the historic market sentiments and trend analysis of the largest cryptocurrency by market capitalization, here are the possible Bitcoin price targets for the longer time frames. .highcharts-legend { display:none; } document.addEventListener("DOMContentLoaded", function () { setTimeout(function() { Highcharts.chart('custom-chart-681a049934c68', { chart: { type: 'areaspline' }, title: { text: 'Bitcoin (BTC) Price Prediction', style: { color: '#171717', fontSize: '20px', fontWeight: '500', } }, xAxis: { categories: ["2031","2032","2033","2040","2050"], title: { text: 'Year', style: { color: '#171717', fontSize: '16px', fontWeight: '500', display: 'block', align: 'middle' // Ensure it's aligned properly }, margin: 15 } }, yAxis: { title: { text: 'Average Price ($)', style: { color: '#171717', fontSize: '16px', fontWeight: '500', } }, labels: { formatter: function () { return this.value === 0 ? "0" : formatNumber(this.value); } } }, responsive: { rules: [{ condition: { maxWidth: 767 // Set breakpoint at 767px }, chartOptions: { title: { style: { fontSize: '13px', fontWeight: '500', lineHeight: '22px' // Corrected 'lineHight' to 'lineHeight' } }, xAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } }, yAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } } } }] }, tooltip: { shared: true, formatter: function () { var year = this.x; // Default index if (this.series.chart.xAxis[0].categories) { year = this.series.chart.xAxis[0].categories[this.point.index]; // Map to category label } return ` ${year} ${this.points.map(point => ` \u25CF ${point.series.name}: ${formatNumber(point.y)} ` ).join(' ')}`; } }, credits: { enabled: false }, plotOptions: { areaspline: { color: '#0052CC', fillColor: { linearGradient: { x1: 0, y1: 0, x2: 0, y2: 1 }, stops: [ [0, '#0f549999'], [1, '#0052CC0D'] ] }, marker: { lineWidth: 1, lineColor: null, fillColor: 'white' } } }, series: [{ name: 'Market Value', data: [549989,707864,910465,2892510,6623560] // Dynamic values }] }); }, 1000); function formatNumber(value) { if (value === 0) { return "0"; } if (value >= 1000000000) { return (value / 1000000000).toFixed(2).replace(/\.00$/, '') + 'B'; } else if (value >= 1000000) { return (value / 1000000).toFixed(2).replace(/\.00$/, '') + 'M'; } else if (value >= 1000) { return (value / 1000).toFixed(2).replace(/\.00$/, '') + 'K'; } else if (value >= 1) { return value.toFixed(2); } else if (value >= 0.1) { return value.toFixed(4); } else if (value >= 0.01) { return value.toFixed(5); } else if (value >= 0.001) { // 0.001 to 0.00999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.0001) { // 0.0001 to 0.000999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.00001) { // 0.00001 to 0.0000999 (8 decimal places) return value.toFixed(8); } else if (value >= 0.000001) { // 0.000001 to 0.00000999 (9 decimal places) return value.toFixed(9); } else if (value >= 0.0000001) { // 0.0000001 to 0.000000999 (10 decimal places) return value.toFixed(10); } else if (value >= 0.00000001) { // 0.00000001 to 0.0000000999 (11 decimal places) return value.toFixed(11); } else if (value >= 0.000000001) { // 0.000000001 to 0.00000000999 (12 decimal places) return value.toFixed(12); } else if (value >= 0.0000000001) { // 0.0000000001 to 0.000000000999 (12 decimal places) return value.toFixed(12); } else { // Less than 0.0000000001 (13 decimal places) return value.toFixed(13); } } }); Year Potential Low ($) Potential Average ($) Potential High ($) 2031 $540,830.43 $901,383.47 $1,261,936.86 2032 $757,162.60 $1,261,936.86 $1,766,711.60 2033 $1,059,945.80 $1,766,711.60 $2,473,477.75 2040 $5,799,454.28 $9,665,757.13 $13,532,059.98 2050 $161,978,188.65 $269,963,647.74 $377,949,106.84 Bitcoin Prediction: Analysts and Influencer’s BTC Price Target Firm Name 2025 2026 2030 Changelly $115,348.87 $138,780 $668,343 Coincodex $148,721 $99,198 $191,228 Binance $98,325.65 $103,241.93 $125,491.21 As per the Bitcoin price forecast by Blockware Solutions, the price of 1 BTC could hit $400,000 Cathie Wood predicts the price of BTC to achieve the $3.8 million mark by 2030. Michael Saylor-led MicroStrategy expects Bitcoin to soar beyond $13 million by 2045. ARK Invest has increased its bullish BTC price target to $2.4 million by 2030. CoinPedia’s Bitcoin (BTC) Price Prediction Firstly, at CoinPedia, we feel optimistic about Bitcoin’s price increase. Hence, we expect the BTC price to create a 2025 high of ~$168,000. Year Potential Low Potential Average Potential High 2025 $71,827.81 $119,713.02 $167,598.22 .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Ethereum Price Prediction 2025, 2026 – 2030: ETH Bull Run to Start in May? , FAQs How much is Bitcoin price today? At the time of writing, 1 Bitcoin Price USD is $93,777.65. What is the Bitcoin price prediction for tomorrow? If the sentiments remain bullish, the star crypto may continue gaining value tomorrow. What is the Bitcoin price prediction for next week? Hoping for positive market sentiments, the BTC token may test its $100k mark. What is the Bitcoin price prediction for this month? With a potential surge, the Bitcoin (BTC) price may close the month with a high of $110,000. How much will 1 Bitcoin cost in 2025? As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains. How much will 1 Bitcoin be worth in 2030? With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030. How much will the price of Bitcoin be in 2040? As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98 How high will Bitcoin go in 2050? By 2050, a single BTC price could go as high as $377,949,106.84 When did Bitcoin hit $1? Bitcoin first hit $1 on February 9th, 2011. This historic milestone was achieved on the now-defunct Mt. Gox exchange.
Cryptocurrency exchange Binance has announced a buyback program for Haedal Protocol (HAEDAL), a liquid staking protocol built on the Sui blockchain, which is Binance Alpha’s project and was first listed on Binance. HAEDAL has announced the launch of a buyback program designed to reward its stakers. Under the initiative, 50% of the protocol’s weekly revenue (including liquid staking fees, HMM fees, and haeVault profits) will be used to buy back HAEDAL tokens from secondary markets. All repurchased tokens will be distributed weekly and proportionally to HAEDAL stakers. The team stated that they wanted to establish an organic and sustainable cycle where ecosystem growth translates into tangible benefits for long-term and loyal investors. ” BIG ANNOUNCEMENT: HAEDAL's Buyback Program Begins! We are giving double support to YOU, our community! We are introducing the BUYBACK program, which turns the profits of the Haedal protocol into rewards for loyal HAEDAL users. There are no tricks. This is how we reward long-term believers. Let's get started!” Finally, the team stated that this program is not a one-time program and will be ongoing. Following the news, the price of HAEDAL rose. HUGE ANNOUNCEMENT: HAEDAL’s Buy Back Program is NOW LIVE! We’re doubling down on YOU, our community! Introducing a #BUYBACK program that turns #Haedal 's protocol yields into rewards for loyal veHAEDAL users. No gimmicks—just real value. This is how we reward long-term… pic.twitter.com/VNwkARii2p — Haedal (@HaedalProtocol) May 6, 2025 *This is not investment advice. Continue Reading: Altcoin First Listed on Binance Announces Buyback Program! Price Soars!
In a shocking development in the cryptocurrency sphere, Irene Zhao, a well-known figure in the crypto community, recently claimed that an insider suggested the death of Jeffy Yu, co-founder of
Investment bank Citi and Switzerland’s SIX Digital Exchange (SDX) are teaming up to modernize traditional private markets through tokenization. The initiative, revealed during the Point Zero Forum in Switzerland, will leverage SDX’s blockchain-based Central Securities Depositary (CSD) platform to tokenize, settle, and safekeep assets, according to a May 6 announcement . The platform, expected to go live by the third quarter of 2025, will make late-stage, pre-initial public offering (IPO) equities accessible to institutional and eligible investors globally. For issuers, the project offers a compliant and scalable framework to manage liquidity, particularly for early investors and employees, while maintaining cap table control. For investors, it opens access to high-growth, venture-backed companies in a more efficient and transparent manner. “We are excited to welcome Citi to the SDX platform and together deliver this landmark project in the tokenization of private shares,” said David Newns, head of SDX. Newns added that this will “enable the efficient distribution of shares in mature international private companies, which are expected to generate strong investor interest.” Citi announcing the partnership. Source: Citi Related: Real-world asset tokenization: Unlocking a new era of finance Citi to provide servicing for tokenized assets Citi will provide end-to-end servicing for these tokenized assets as the digital custodian and tokenization agent. “We are meeting client demand for access to emerging and relevant digital asset ecosystems and investments,” added Ryan Marsh, head of innovation at Citi. Marni McManus, Citi’s country officer for Switzerland, said private markets represent a major and growing opportunity, helping digitize an industry still reliant on manual processes and paper-based documentation. Citi has been among the earliest major financial institutions to express strong confidence in the future of tokenization, even betting that it would become the next “killer use case” in crypto . In September 2023, Citigroup introduced Citi Token Services , a private, permissioned blockchain that offers cross-border payments, liquidity and automated trade finance solutions to institutional clients. In early 2024, Citigroup teamed up with Ava Labs , other traditional financial institutions and digital asset companies to complete a proof-of-concept for tokenizing private equity funds. Related: $21B tokenized RWA market doubtful, institutions uninterested — Plume CEO RWA tokenization gains traction Citi and SDX’s new initiative comes amid a renewed wave of interest in real-world asset (RWA) tokenization , with major players from both traditional finance and crypto making headlines last week. On April 30, BlackRock filed to create a blockchain-based share class for its $150 billion Treasury Trust Fund, allowing a digital ledger to mirror investor ownership. On the same day, Libre revealed plans to tokenize $500 million in Telegram debt via its new Telegram Bond Fund. The most significant news came from Dubai, where MultiBank Group inked a $3 billion tokenization deal with UAE real estate firm MAG and blockchain provider Mavryk. “The recent surge isn’t arbitrary. It’s happening because everything’s lining up,” Eric Piscini, CEO of Hashgraph, told Cointelegraph : “Rules are getting clearer in major markets. The tech is stronger, faster, and ready to scale. And big players are actually doing it — BlackRock is tokenizing funds, Citi is exploring digital asset custody, and Franklin Templeton has tokenized money market funds on public blockchains.” Magazine: Tokenizing music royalties as NFTs could help the next Taylor Swift
The United States Department of the Treasury has imposed sanctions on the Karen National Army, a Burmese militia group, accusing it of orchestrating large-scale crypto scams alongside other offences. The sanctions were announced on May 5 in a press release from the Treasury’s Office of Foreign Assets Control. The press release revealed that the KNA has been at the center of a complex network of sophisticated digital fraud schemes, including the notorious crypto “ pig butchering ” scams. In these scams, victims are typically lured online through dating apps and social media, where scammers initiate prolonged, increasingly intimate conversations. Once trust is established, targets are induced to invest in bogus crypto projects controlled by the scammers. Over time, they are coaxed into committing increasingly large sums. The endgame arrives when the scammers vanish, taking the funds with them. You might also like: FBI ties over $9b in 2024 fraud losses to crypto scams, led by ‘pig butchering’ schemes Treasury’s press release explained that proceeds from these South East Asian crypto scams are often laundered through the Huione Group in Cambodia, which was recently designated a “primary money laundering concern” under Section 311 of the USA PATRIOT Act. Huione has been previously linked to laundering stolen crypto assets for North Korea’s Lazarus Group, and is alleged to have moved over $4 billion in illicit funds between August 2021 and January 2025. Its operations include a sprawling array of businesses such as Huione Pay, Huione Crypto, and a Telegram-based black market now rebranded as Haowang Guarantee. FinCEN also flagged the group’s USDH stablecoin , which is reportedly designed to evade law enforcement by being resistant to freezing. You might also like: Australia shuts down 95 firms with ties to crypto pig butchering scams
Bitcoin Struggles as Gold Outperforms in Shifting Macroeconomic Landscape As Bitcoin continues to navigate the choppy waters of the financial market, gold is asserting its dominance, with the price of