BlackRock, the world’s largest asset manager, plans to integrate blockchain technology into its operations. It filed with the SEC to introduce “DLT Shares” linked to its $150 billion money market fund. This move signifies the continued convergence of traditional finance and blockchain, potentially offering new efficiencies and access to investors.
DWF Labs, a Web3 investor and market maker, will serve as the official market maker for JST, the governance token of the JUST ecosystem, which is built on the TRON blockchain. The collaboration with the JUST Foundation aims to increase liquidity for JST. This partnership signals expansion efforts for the JUST ecosystem, with DWF Labs providing crucial support for its token.
Pundi AI, a data infrastructure platform merging artificial intelligence with blockchain, has been accepted into NVIDIA’s Inception program. This program provides AI startups with access to advanced tools, training, and market support. The partnership aims to accelerate Pundi AI’s development by leveraging NVIDIA’s resources to enhance its AI-driven blockchain solutions.
The article discusses potential bullish trends in the cryptocurrency market during the fourth quarter, particularly focusing on Tron (TRX), DTX Exchange, and Litecoin (LTC). It suggests that the upcoming US presidential election, following a Federal Reserve rate cut, could be a catalyst for market growth. The analysis highlights the current pre-rally environment as a favorable time for investors to accumulate potential coins, driven by anticipated positive impacts from the election.
P2P.org, a major validator and staking provider, has been elected as a Super Representative (SR) on the TRON network. This integration supports TRON’s goal of internet decentralization by strengthening its infrastructure. The partnership allows P2P.org to expand its validation services.
FTX, the bankrupt crypto exchange, is pursuing legal action against NFT marketplace NFT Star and AI platform Delysium to recover assets for its creditors. The lawsuits allege the companies failed to deliver tokens purchased under Simple Agreements for Future Tokens (SAFTs), a common fundraising mechanism in the crypto space. This is part of FTX’s broader effort to recoup funds following its collapse and return value to those impacted.
Digital souvenirs, primarily NFTs, are transforming how we collect and own memories. Built on blockchain technology using smart contracts and standards like ERC-721, they offer unique ownership, provenance, and security. Benefits include global accessibility, liquidity, and programmability. Examples like NBA Top Shot and Hadestown collectibles demonstrate their potential. The article explores the future of these digital assets and their integration with experiences.
Bitcoin experienced a V-shaped recovery, outperforming traditional risk assets following mixed signals regarding tariffs and central bank policy. After an initial dip, Bitcoin rose, closing Asian hours above $93,000 with traders eyeing $95,000. The article highlights Bitcoin’s resilience in the face of global market adjustments to shifting economic policies.
President Trump’s memecoin, TRUMP, skyrocketed 50% after announcing a private dinner for its top 220 investors at his Washington D.C. golf club. This exclusive event, costing holders over $395,000, is causing a frenzy in the crypto world.
Bitcoin’s price surged past $93,000, exceeding the short-term holder realized price for the first time since February! This significant milestone signals a potential bullish shift in the market, defying recent price struggles. Discover the details and what it means for Bitcoin’s future.