Tuesday Top Crypto News
In one short thread…
Cathie Wood’s ARK Venture Fund invested about $10 million in Securitize, a BlackRock-backed tokenisation firm.
The stake makes it ARK’s eighth-largest holding. Securitize has issued $4.6B in tokenized assets and runs BlackRock’s BUIDL fund with $2.8B in AUM.
Citadel founder Ken Griffin told Bloomberg that investors are turning to gold, silver, and Bitcoin in a “debasement trade,” seeking assets seen as safer than the U.S. dollar — a shift he called “really concerning.”
He warned of “substantial asset inflation away from the dollar” as investors move to de-dollarize and reduce exposure to U.S. sovereign risk.
CoinMarketCap data shows Aster leads all perpetual DEXes with $41.78B in 24h volume, followed by Lighter ($10.13B) and Hyperliquid ($9.02B).
Hyperliquid tops open interest at $14.68B, while Aster generated the highest 24h fees of $13.44M. Other top protocols include edgeX, Apex, Paradex, Pacifica, GRVT, Jupiter, and Reya DEX.
India will introduce a digital currency backed by the Reserve Bank of India as part of a broader strategy to discourage private cryptocurrencies lacking sovereign or asset backing, Union Minister of Commerce and Industry Piyush Goyal announced on Monday.
Crypto makers trade at the following levels
BTC 124,320 (up 0.4% in 24 hours)
ETH 4,700 (up 4.4%)
XRP 2.983 (flat)
SOL 233.00 (down 0.2%)
Have a great day!
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