Crypto Liquidations Almost Top $1B Following a Messy Breakup Between Elon Musk and U.S. President Donald Trump

The post Crypto Liquidations Almost Top $1B Following a Messy Breakup Between Elon Musk and U.S. President Donald Trump appeared first on Coinpedia Fintech News The crypto market recorded more than $831 million in forced liquidations during the past 24 hours. More than $765 million rekt in the last 24 hours involved long traders, who … Read more

Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike

Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency transactions are now in the spotlight in Brazil, becoming a key element in the … Read more

Why the Moscow Exchange’s Bitcoin Futures Are a Milestone for Russian Crypto Regulation

 The Moscow Exchange has launched Bitcoin futures contracts, giving qualified Russian investors a way to get involved with Bitcoin. The launch of the futures follows growing interest from Russian financial institutions looking for safer exposure to Bitcoin. On June 4, the Moscow Exchange stepped into the cryptomarket by launching Bitcoin ETF futures trading. As reported … Read more

BlackRock buys $357 mln in BTC, ETH amid shifting whale sentiment

BlackRock purchased over $357 million worth of BTC and ETH. BTC whales are in a profit-taking phase while Ethereum whales are aligning with institutions accumulation phase. On the 5th of June, BlackRock purchased 2,704 Bitcoin [BTC], valued at approximately $283.9 million, and 28,239 Ethereum [ETH] worth $73.2 million. The firm’s crypto purchase in this round … Read more

Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike

Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency transactions are now in the spotlight in Brazil, becoming a key element in the … Read more

Real Estate Tokenization and Property Ownership

Real estate traditionally relied on manual paperwork, with ownership tied to physical records. With blockchain and tokenization’s entry into the industry, more permanent ledgers now record transactions. These innovations convert ownership into digital tokens and split assets into multiple shares so that investors can own properties at a fraction of the price. Unlocking Property Ownership … Read more

Fund Manager APS Buys $3.4M in Tokenized Real Estate via MetaWealth

Pan-European fund manager APS became the first institutional investor to directly acquire tokenized real estate assets through MetaWealth’s blockchain-based investment platform, according to an announcement shared with Cointelegraph. APS, which manages over 12 billion euros ($13.7 billion) in assets, purchased 3 million euros ($3.4 million) in tokenized bonds tied to two Italian residential properties listed … Read more

JPMorgan Plunges Deeper Into Crypto By Letting Clients Use Bitcoin ETFs As Loan Collateral ⋆ ZyCrypto

JPMorgan, America’s biggest bank by total assets, is set to let its trading and wealth-management clients use certain crypto-linked assets, including spot Bitcoin exchange-traded funds (ETFs), as loan collateral in the coming weeks, as the United States regulatory environment warms to digital assets. According to a June 4 report from Bloomberg citing unnamed sources familiar … Read more

APT Slips 4% After Breaking 4.77 Technical Support Level

CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data … Read more