| Mobile Web

Search results for Paxos

Crypto

Dogecoin co-founder asks about bitcoin\'s bottom as price tests $60,000 level

Bitcoin fell for a seventh straight session and briefly slid to around $61,000, its lowest since early April, turning attention to the possible bottom of the current correction. Risk aversion spread across crypto as AI-led risk-asset strength faded, while liquidations jumped to $1.15 billion in 24 hours, mostly long positions. Dogecoin also fell. Prediction market Kalshi priced a near 80 percent chance bitcoin drops below $60,000 in 2026.

Crypto

Bernstein says RWA market tops $51 billion, private credit largest segment

The real-world asset (RWA) market is expanding rapidly, with tokenised private credit emerging as a core segment, Bernstein Research said. It estimated the RWA market at about $51 billion this year, with tokenised private credit making up about 44 percent. Bernstein said differences in classification standards led to gaps with other estimates. It cited BlackRock\'s BUIDL and U.S. Treasury-linked tokens as major areas, and said Figure Technology Solutions led platforms by tokenised assets.

AI & Enterprise

Anchorage Digital scales back front-line role in USDG consortium to strengthen stablecoin neutrality

Anchorage Digital, the first federally chartered crypto bank in the digital asset sector, is scaling back its front-line role in the USDG stablecoin consortium that includes Robinhood and Kraken, while maintaining membership. Co-founder and CEO Nathan McCauley (네이선 맥컬리) said the company will continue to support USDG but take a more neutral stance rather than promote a single stablecoin. The shift follows changes in its business structure, including discussions with banks and tech firms on stablecoin issuance and a partnership with M0.