Global #institutional investors

After a period of mirroring the overall market downturn, Cardano's native token, ADA, saw a sudden and significant price increase on August 22nd.

In a first-of-its-kind move, DBS Bank a leading Singapore-based financial institution, is tokenizing structured notes on the Ethereum blockchain.

The cryptocurrency market is currently experiencing a stark division between long-term institutional investors and short-term retail traders, creating a tense tug-of-war on prices.

Bitcoin is currently trading between $116,000 and $117,000, with a market cap of around $2.3 trillion. This period is being described by analysts as a "compressed spring" where the market is building momentum for its next major move.

Tether Gold (XAUt), a tokenized asset backed by physical gold and issued by the company behind the USDt stablecoin, is experiencing significant growth.

Strategy, a key player in the current Bitcoin bull cycle, is showing no signs of slowing its aggressive accumulation of the cryptocurrency.