Citi announced a new partnership with Switzerland-based SIX Digital Exchange (SDX) on Tuesday to tokenize companies on the digital exchange. The collaboration, revealed at the Point Zero Forum in Switzerland, seeks to address longstanding inefficiencies in the private market ecosystem for both issuers and investors. Citi and SDX are teaming up to tokenize late-stage private shares, aiming to bring efficiency and access to the private markets sector pic.twitter.com/S2DCh85e0t — Cam (@CryptoNews_eth) May 6, 2025 Under the agreement, Citi will serve as both a digital custodian and tokenization agent on SDX’s regulated digital Central Securities Depository (CSD) platform. Together, the firms are developing a scalable, compliant solution set, scheduled to launch in the third quarter of 2025. The offering will initially focus on tokenizing late-stage pre-IPO equity, making these otherwise illiquid assets more accessible to institutional and eligible investors across the globe. For issuers, the initiative provides a compliant and efficient mechanism to enhance liquidity for early backers and employees, while preserving control over their cap tables. For investors, it marks a step forward in the democratization of access to high-growth, venture-backed private companies—traditionally out of reach due to high barriers to entry and opaque processes. The partnership will combine Citi’s global securities services expertise and client reach with SDX’s regulatory-grade digital infrastructure. “We are excited to welcome Citi to the SDX platform,” said David Newns, Head of SDX. “This project stands out by leveraging our regulated blockchain technology to bring efficient access to private shares, meeting strong investor demand for high-quality private assets.” Tokenization Continues to Gain Traction Marni McManus, Citi’s Country Officer for Switzerland , emphasized the unique opportunity made possible by Swiss regulation and SDX’s technology: “We’re helping modernize a traditionally manual, paper-heavy industry by offering digitized, scalable solutions to issuers and investors.” Ryan Marsh, Head of Innovation & Strategic Partnerships for Citi’s Investor Services and Issuer Services, added, “As tokenization gains traction, we’re ensuring our clients can participate in the evolving digital asset landscape. “Working with SDX supports our broader innovation agenda and reinforces our commitment to unlocking new opportunities.” World of Tokenized Everything? In an interview with CryptoNews, Dea Markova, Policy Director at Fireblocks, said, looking ahead, the team is focused on scaling infrastructure to handle the growing diversity of its client base, particularly in payments. However, in the long term, the company is betting big on tokenization beyond finance. “We’re imagining a world of tokenized everything. We’re already working with Sony in Japan —think supply chains, gaming, non-financial processes.” This latest initiative with Citi and SDX also supports the broader development of the Swiss digital asset ecosystem. Sygnum and SBI Digital Markets will play a key role by extending access to tokenized pre-IPO equities for clients across Europe and Asia. As digital assets continue to evolve, the Citi-SDX collaboration marks a major move in making private markets more transparent, accessible, and efficient for global participants. The post Citi, SDX Set Q3-2025 Launch for Tokenized Pre-IPO Shares—Is Private Capital About to Go Digital? appeared first on Cryptonews .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto whales are shifting from hype to tokens with real utility-like XRP and Remittix-fueling rapid growth forecasts. Table of Contents Remittix introduces transformational PayFi protocol, soars 400% XRP price on the verge of a major breakout The bottom line Savvy crypto investors are moving on from hype to tokens with real world utility. Coins like Ripple (XRP) and Remittix (RTX) are like this, offering valuable financial services to both retail and institutional entities. Crypto whales are already taking positions in them already as they are poised for explosive growth in the coming weeks. You might also like: Investors rush to Remittix presale, Dogecoin and Solana could fall up to 30% in April Remittix introduces transformational PayFi protocol, soars 400% Remittix concerns itself with solving the core problems plaguing cross-border payments, high fees, slow transaction times and lack of transparency. Its PayFi protocol connects global payment networks with numerous blockchains. This allows anyone to send crypto as fiat to any bank account in the world. These transactions are near-instantaneous. The associated fees are much cheaper than available alternatives like Western Union and the process is more efficient as well. This specific utility could transform the $800 billion cross-border market and that’s what Remittix aims to achieve. As a result, crypto experts are expecting big things from Remittix. If it successfully captures even a small fraction of the global remittance market, demand for RTX would go through the roof. Investors are always drawn to small projects like this with huge potential. This explains Remittix’s 400% price surge since its debut. Savvy investors, including whales, are hopping on its presale, which is the only way to join its revolution. It is available at a price of $0.0757, with room to skyrocket 10x to 25x in the coming months. XRP price on the verge of a major breakout The change in leadership at the SEC has seen chances of an XRP spot ETF approval jump above 80%. Crypto experts are now predicting new all-time highs for XRP price, with a $64 million XRP whale movement adding fuel to the momentum. At the moment, the XRP price holds firmly to confluence support levels at $2.20, established by the 50- and 100-day Exponential Moving Averages (EMA). There was pivotal movement around this level in the past week, but that hasn’t deterred XRP price. Ripple continues to show signs of an upward trend towards $3.00. There’s also a buy signal in the Moving Average Convergence Divergence (MACD) and it reinforces this bullish momentum. In early April, the MACD line (blue) crossed above the signal line (red), indicating that demand is surging for XRP. Possible drawbacks could happen at $2.5 and $2.8 as XRP holders take profit. But with positive sentiments enveloping Ripple, these drawbacks, if they happen, aren’t likely to slow down XRP’s momentum. The bottom line Remi ttix and XRP represent contrasting bets for crypto investors. While XRP is a legacy asset with brand recognition and a massive market cap, Remittix is a nimble game-changer solving a specific global problem. Both benefit from surging whale interest, but their risk-reward profiles differ sharply. XRP’s breakout potential is real, yet its upside may be tempered by its saturated popularity, lingering regulatory risks and slower adoption curves. Remittix, on the other hand, is a disruptor that operates in a market that is seriously calling out for innovation. As a result, XRP could see steady 50-100% gains. Remittix is well-poised for a 10x surge in the coming months. This highlights its edge for aggressive investors who want to maximize their profits this year. To learn more about Remittix, visit the Remittix presale and join the online community. Read more: Cardano, Dogecoin, and Remittix feature as analysts pick most undervalued cryptos Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
KULR Technology Group has deepened its Bitcoin commitment, purchasing 42 additional BTC and bringing its total holdings to 716.2 BTC, the company announced. The energy storage and management firm said it has spent approximately $69 million acquiring Bitcoin ( BTC ) at an average price of $96,342 per BTC. The latest investment follows KULR’s December 2024 announcement that it would allocate up to 90% of its surplus cash to Bitcoin. At the time, the company held around $12 million in cash reserves and cited financial resilience and global Bitcoin adoption as core drivers behind the strategy. You might also like: New Hampshire becomes first state to authorize Bitcoin and crypto investments Global acceptance of Bitcoin CEO Michael Mo previously said the move is part of a broader effort to integrate emerging financial technologies into KULR’s operations. “We believe the growing global acceptance of Bitcoin is still in its early stages,” Mo stated, pointing to governments, companies, and capital markets increasingly embracing blockchain and crypto assets. This news comes as New Hampshire became the first U.S. state to authorize its treasurer to invest public funds in Bitcoin and other digital assets. Governor Kelly Ayotte signed a bill allowing up to 10% of state funds to be allocated to assets like Bitcoin, provided they meet strict criteria including a $500 billion market cap threshold. KULR also reported a 197.5% BTC yield at the time, a proprietary metric tracking the percentage change in its Bitcoin holdings relative to fully diluted shares.. You might also like: Never sell your Bitcoin, maxis say. Then why are they so fixated on Bitcoin’s price?
The post Avalanche (AVAX) Price Rebounding from the Buy Zone: Is a 40% Upswing on the Horizon? appeared first on Coinpedia Fintech News In the times when Bitcoin price is struggling to rise above $95,000, Avalanche price flashes huge potential of a bullish continuation. The token has been forming consecutive lower highs and lows after the rejection from the pivotal range at $22. In a wider perspective, the bears seem to have held a strong grip over the rally, but the AVAX price is flashing a hidden bullish divergence that may clear the path above the local threshold. The AVAX price underwent its second successful rejection from the neckline zone, which has flashed a huge opportunity to take short positions. With the markets bleeding, there is a huge possibility that the price could take a dip towards the lower target that could complete a massive double top pattern, which could further harm the AVAX price rally in the long term. Meanwhile, the technicals do not seem to be in favor of a massive pullback, while a tight accumulation could prevail for some time. The bears have restricted the rally below $22 since the major pullback in March, which seems to have drained the strength of the bulls. Besides, the Bollinger bands have begun to squeeze as the volume drops, hinting towards a drop in the volatility. Meanwhile, the CMF or the Chaikin Money Flow, has triggered a bullish rebound from the levels not visited since July 2024. Each time the weekly CMF rebounds from the lows below -0.15, a huge upswing follows with nearly a 200% price rise. Hence, the AVAX price could trigger a strong rebound if the levels close above $20 and sustain for a day or two. With this, a rise above $22 could be validated that may further push the price above $25 and validate a rise above the bearish captivity. Failing to do so may keep the Avalanche price consolidated below $22 until a huge bullish volume creates massive buying pressure over the crypto.
Stock markets erased many of their previous week’s declines as tariff fears are once again back in focus. Stocks are down as traders brace for the key Fed decision on interest rates, as tariff fears reemerge. On Tuesday, May 6, DOW Jones lost 404 points, or 0.98%, trading at 40,814, while the S&P 500 was down 0.84% and the Nasdaq dropped 1.00%. Traders were concerned after U.S. President Donald Trump made several remarks that suggested that tariff relief is unlikely. Over the weekend, Trump announced a 100% tariff on foreign movies and stated that there were no plans to talk to China’s President Xi Jinping this week. You might also like: Dow, S&P 500 slip amid ongoing market uncertainty What is more, Trump hinted at a new tariff on pharmaceuticals , which will be announced over the next two weeks. He added that he would balance the cost for consumers by reducing the regulatory burden on U.S. pharmaceutical producers. Among the biggest losers today Tesla, which registered a 2.46% decline, thanks to ongoing troubles in Europe . In the UK, consumers registered only 512 new Tesla cars in March, down 62% from a year earlier. These figures reflect similar declines in Germany, France, Sweden, and more. Tariffs cause record-high U.S. trade deficit Recent figures also showed that the U.S. trade deficit hit a record high in March, reaching $140.5 billion. The figure doubled over the last year, which stood at $68.6 billion in March 2024. The deficit was a reaction to the tariffs, as companies rushed to import as much as possible before higher rates took place. According to a report from the Commerce Department on Tuesday, the U.S. imported a record amount of goods from 10 countries. These included Mexico and Vietnam, but not China . Notably, imports from China were the lowest in five years and will probably drop further due to the continued 145% tariff rate. Read more: Exclusive: Scaramucci warns tariffs could trigger recession, boost Bitcoin and Europe
Intriguing opportunities in the cryptocurrency world offer potential long-term gains for forward-thinking investors. As 2025 approaches, certain digital assets are showing signs of robust growth and stability. Readers will discover which cryptocurrencies are poised for significant appreciation and why these coins may represent wise investment choices. Explore the most promising candidates set to excel amidst market evolution. Arbitrum Price Trends: Past Review and Key Levels Update Over the past month, ARB showed a modest gain of 0.71%, although the week dipped by 7.41%. In a six-month view, the token lost 43.28%, which reflects a volatile history marked by mixed momentum and inconsistent trends. Currently, ARB trades in a narrow band between $0.26 and $0.38. The coin faces its first resistance at $0.43 and support at $0.19, with secondary peaks at $0.55 and lows at $0.07. Bearish signals dominate with negative momentum and moving average cues. Traders may look for a breakout above $0.43 or a drop below $0.19 to define a clearer trend. Kaspa Price Movements: Sharp Spike and 6-Month Adjustment Last month saw a near 47% surge with Kaspa , while a 21% dip over six months highlights its volatility. The coin has traded within a range of approximately $0.0586 to $0.1150, punctuated by a slight 1.69% decline noted over the past week. These movements indicate periods of strong upward bursts followed by notable pullbacks, keeping traders on alert. Current trading is between support near $0.0274 and resistance at about $0.1403. Bulls seem to maintain a strong position near support, while the lack of a clear trend suggests a cautious approach. Traders might explore short-term opportunities within these levels, with potential for testing the next resistance at about $0.1967. Stacks Price Volatility and Key Levels STX last month witnessed a strong rebound with a 30.25% increase while the past six months brought a sharp decline of 54.68%. A one-week drop of 8.12% adds to the volatile history. The coin showed mixed performance over different timeframes, highlighting its erratic market sentiment and trading potential. Current price action trades between $0.55 and $1.00, facing resistance at about $1.20 and a second hurdle near $1.65, with support spotted at $0.29. Indicator readings include a neutral RSI around 55 and slight bearish momentum, suggesting no clear trend and a balance between bulls and bears. Trading ideas include monitoring price action within these levels and waiting for more decisive movement before entering positions. Conclusion ARB , KAS , STX all exhibit strong potential for 2025. ARB focuses on enhancing transaction speeds. KAS offers innovative mining rewards. STX brings fresh possibilities to developers. Each coin presents unique benefits. These options stand out for long-term gains. Investing in them could yield substantial returns. Their growth trends show promising signals. Being informed and making smart choices is key. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
US Treasury Secretary Scott Bessent says the US needs to reverse the “scary” fiscal path that it’s on before it’s too late. In an appearance before a House committee Tuesday morning focused on the White House’s 2026 budget requests, Bessent was asked by Congressman Chuck Edwards what it would look like if the US government’s debt levels became “unsustainable.” Says Bessent, “It would look like a sudden stop in the economy as the credit would disappear as markets would lose confidence. I’m committed to that not happening, and again, a tipping point in sustainability is very difficult to pinpoint, but what is not difficult to pinpoint is a trajectory, and the trajectory is unsustainable. When and if the markets were to rebel against is very difficult to know. I think just as I talked about the warning track for the X-date, I think that it’s very important not to go on the warning track, and we got to get to the other side of this and start reducing the debt. And the debt numbers are indeed scary, but Secretary Yellen and I both agree that it is the debt-to-GDP that is the important number so we are trying to both control the absolute level of debt, pay it down, but also grow the GDP.” As of the end of 2024, the US’s debt-to-GDP ratio was 124%. In the hearing, Bessent, a former partner at Soros Fund Management, also confirmed that he would not be in favor of the Federal Reserve introducing a central bank digital currency (CBDC). “We believe that digital assets belong in the private sector, and my personal view is that having a CBDC is a sign of weakness, not strength. Because really, the reason, if there is a reserve manager, or a foreign central bank holds US dollars, then there is a wide variety of US assets they can invest in. You would create a CBDC just for ease of use because there are no good choices for underlying assets.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Treasury Secretary Scott Bessent Warns US Government On ‘Scary’and Unsustainable Debt Trajectory appeared first on The Daily Hodl .
Congress is divided, regulation is stalled, and crypto market structure reform hangs in the balance amid growing conflict-of-interest concerns.
Some of crypto’s most remarkable growth stories began with modest investments made at just the right moment. Today, smart investors are evaluating MAGACOINFINANCE , Bitcoin , and Ethereum as assets that could turn a small position into something significant over time. With traction building and the market gaining broader momentum, early-stage engagement in the right projects remains one of the most effective paths to scaling returns. MAGACOINFINANCE Is Laying the Groundwork for Strategic Expansion The strongest digital asset trends typically begin with fundamentals—not fanfare. That’s precisely the path MAGACOINFINANCE is following. Wallet adoption is increasing steadily. Product development is progressing on schedule. Community activity is growing across key channels—and notably, without reliance on promotional hype. This level of organic traction signals a maturing project. For investors seeking early exposure to a structured and scalable asset, MAGACOINFINANCE is emerging as a candidate worthy of close attention. Established Ecosystem Drivers: Ethereum and Bitcoin Remain Key Ethereum (ETH) continues to serve as the backbone of decentralized innovation. With scaling solutions accelerating adoption and enterprise interest expanding, its long-term viability remains strong. Bitcoin (BTC) maintains its role as a digital macro asset. Institutional adoption is rising, and global sentiment is increasingly shifting toward BTC as a foundational component of diversified portfolios. While these two assets represent market leadership, MAGACOINFINANCE offers the type of entry-stage opportunity that has historically delivered the most dramatic percentage returns. Additional Assets Gaining Momentum: Polkadot and Sei Polkadot is advancing multi-chain connectivity through its parachain model, supporting a wide range of use cases in the growing Web3 ecosystem. Sei is optimizing blockchain architecture for speed and trading functionality, attracting developers building next-generation financial tools. Both are strong in their own categories, but MAGACOINFINANCE stands out for its early-phase potential and the room it offers for meaningful price discovery. Conclusion A $190 investment might seem small—but placed early in the right project, it can produce results far beyond expectations. Bitcoin and Ethereum provide long-term value, but MAGACOINFINANCE represents something rarer: a structured, early-stage asset entering its growth phase with strong fundamentals. Those watching closely now may be positioning ahead of broader recognition. To learn more about MAGACOINFINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Ethereum Bulls Now Eye MAGACOIN FINANCE as a 2025 Moonshot Amid Presale FOMO
Earlier today, two long-dormant Bitcoin whales transferred 3,422 BTC worth a total of approximately $324.2 million, marking one of the largest inactive wallet movements in recent years. Neither wallet had made any transactions since 2014. At the time, the price of Bitcoin was well below $1,000, so the transfers were remarkable in terms of both quantity and timing. The identity of the wallet owners and the reason for the transfers are currently unknown, and it is also unclear whether the two wallets belong to the same person or whether they are related in any way. Related News: Will the US Buy Bitcoin? Is the Altcoin Season Coming? Billionaire Crypto Bull Arthur Hayes Answers According to data from on-chain analytics platform Spot On Chain, one of these movements came from a wallet named “1NWPS” that has been dormant for 10.5 years. This wallet alone moved 2,343 BTC (about $222.2 million). The other transfer took place from a wallet named “1PiEK” that has been dormant for 11.75 years, and transferred 1,079 BTC (about $102.5 million). This unusual whale movement also coincides with the recent increase in general whale activity. According to research published by CryptoQuant in April 2025, a total of 62,800 BTC older than seven years were transferred in the first three months of 2025. This figure is 110% more than the same period in 2024. *This is not investment advice. Continue Reading: Two Mysterious BTC Whales Who Bought Bitcoin Below $1,000 Have Woken Up – Here’s What We Know