Global

The tokenized treasury market has reached a significant milestone, surpassing a $2 billion market capitalization in a mere five months. This rapid growth is fueled by several key players, including BlackRock's BUIDL fund, Franklin Templeton's FOBXX, and Ondo Finance's USDY.

Cardano, once a stalwart in the top 10 cryptocurrencies by market capitalization, has recently faced a decline, dropping to the 12th position.

Nasdaq-listed Semler Scientific has significantly increased its Bitcoin holdings, mirroring the strategy adopted by MicroStrategy. The company's latest purchase of 83 BTC brings its total Bitcoin stash to 1,012 BTC, purchased for a total of $68 million.

On August 27, Santiment, a leading on-chain analytics provider, highlighted a significant trend in cryptocurrency markets: Bitcoin's recent "mild" price decline has led to a notable decrease in open interest (OI) for Bitcoin futures and derivatives.

Cryptocurrencies have increasingly become a central element in the global financial ecosystem, offering novel opportunities for investment, trading, and technological innovation.

Ethereum, the second-largest cryptocurrency by market capitalization, has recently experienced a notable pullback in its price, prompting questions about its future performance and attractiveness as an investment.