The market for tokenized U.S. Treasury debt is booming. The market value of Treasury notes tokenized through public blockchains like Ethereum, Polygon, Avalanche, Stellar and others has crossed above $1 billion for the first time, data tracked by Tom Wan, an analyst at crypto firm 21.co, show. Tokenized Treasuries are …
“The big impact, however, is [from] the gamma positioning of dealers into the event. Dealers are short some $50 million of gamma, with the majority focused at around the $70,000 strike. As we near the expiry, that gamma position gets larger and the forced hedging will exacerbate volatility around $70,000, …
“Even though a market correction seems long due, the medium term looks pretty upbeat for equities, residential real estate, gold, bitcoin, etc., if this is the case. From this angle, it is unsurprising that #equities and #gold already made fresh all-time highs,” founder and manager of the Blokland Smart Multi-Asset …
Layer 1 blockchain Fantom’s native token, FTM, has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. FTM’s price surged to $1.16, the highest since April 2022, according to data tracked by CoinGecko. The token’s market capitalization jumped to …
