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TRHX Pulse: 8 August 2024

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August 08
🌳 BOJ Considers Possibility Of Another Rate Hike; XRP Ends 4-Year Lawsuit with SEC

TRHX Pulse: 6 August 2024

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August 06
🌳 BOJ's Rate Hike Sparks Analysts' Criticism; Trump Proposes HODL Strategy for U.S. Govt's Crypto Holdings

TRHX Pulse: 2 August 2024 UPD

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August 03
Ripple (https://www.coindesk.com/business/2024/08/01/ripple-to-allocate-10m-to-tokenized-us-treasury-bills-on-xrp-ledger/) has announced a $10 million allocation to tokenized U.S. Treasury bills (T-bills) on the XRP Ledger, marking the first issuance of such tokens on the platform. This initiative, facilitated by the tokenization platform OpenEden, will issue TBILL tokens to invest in short-dated U.S. Treasuries and reverse repurchase agreements (repos) collateralized by U.S. Treasuries. The move aligns with a growing trend in the crypto industry towards the tokenization of tangible real-world assets and traditional financial securities, which is seen as a way to enhance efficiency in asset management and attract significant players like BlackRock. Ripple's allocation is part of a broader fund targeting tokenized T-bills from OpenEden and other issuers, although specific dates for the fund's allocation were not disclosed. Currently, over $780 million worth of funds are locked in tokenized versions of U.S. Treasuries, reflecting the increasing interest in this sector.

TRHX Pulse: 2 August 2024

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August 02
🌳 BoE's Rate Cut from 16-year High Boosts UK Market Confidence; Ripple Invests $10M in Tokenized U.S. T-Bills on XRP Ledger

TRHX Pulse: 1 August 2024

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August 01
🌳 Fed Signals Rate Cut as Inflation Eases; Tether Reports Record-Breaking Profit in First Half of 2024

TRHX Pulse: 30 July 2024

🌳 Japan's Corporate Governance Reforms Drive $2T Stock Surge; Aave's Fee Switch Proposal Fuels AAVE Token Rally

TRHX Pulse: 29 July 2024

🌳 China's Industrial Profits Surge Amid Economic Challenges; Trump Vows Pro-Crypto Policies at Bitcoin Conference

TRHX Pulse: 26 July 2024

🌳 US GDP Rose by 2.8% in Q2; Blackrock Not Expecting “Long List of Crypto ETFs”

TRHX Pulse: 25 July 2024

🌳 Biden Explains Decision to Withdraw From Race; Hashdex Submits S-1 For Its Crypto Index ETF in US