RWA Market Projected to Hit $600B in Five Years: BCG Report
Real-world asset (RWA) tokenization is anticipated to experience substantial growth over the coming five years, with assets under management potentially exceeding $600 billion by 2030, according to recent reports from major traditional financial institutions. Boston Consulting Group (BCG), in a report released on Oct. 29, described RWA tokenization as “the third revolution in asset management.” […]
FOMO in Action: BlackRock Bitcoin ETF Sees Record Trading Surge in Six Months
Daily trading volume for BlackRock’s Bitcoin ETF (IBIT) hit $3.35 billion on Oct. 29, marking its largest trading day in over six months. This surge is reportedly driven by a rush of “panic buying” as Bitcoin hovers near its all-time high at $72,390, only 2% shy of setting a new record. “FOMO confirmed,” remarked Bloomberg […]
BTC Could Hit $200K Without a US Dollar Collapse, Says Bitwise Exec
Increased investment in “store-of-value” assets and the ongoing decline in fiat currency value could drive Bitcoin’s price into six figures without requiring a crash of the US dollar, according to Matt Hougan, Bitwise’s chief investment officer. On Oct. 29, Hougan responded on social media platform X to a financial adviser’s question about whether Bitcoin could […]
