Four Artemis astronauts were zooming towards the Moon on Friday after a major engine firing, a milestone that commits NASA to the first crewed lunar flyby in more than half a century. With enough thrust to accelerate a stationary car to highway driving speed in less than three seconds, the Orion capsule engine blasted the astronauts on their trajectory towards the Moon, which they will now loop as part of the 10-day Artemis 2 mission. In the moments that followed what the US space agency dubbed a “flawless” firing that lasted just under six minutes, astronaut Jeremy Hansen said that “humanity has once again shown what we are capable of.” The astronauts said they were “glued to the window” taking pictures, and later passed a floating microphone back and forth as they took questions from US television networks. They said the spacecraft was a little chilly and they were still making it a home, but the crew was all smiles. NASA’s Artemis II mission to fly by the moon, comprising of the Space Launch System (SLS) r...
CryptoQuant data shows there are 8.2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market. The amount of Bitcoin supply in profit and loss is now getting closer to levels typical of a bear market, according to a CryptoQuant analyst. There are currently about 11.2 million Bitcoin (BTC) in profit. The previous bear market recorded 9 million BTC in profit at its lowest point, CryptoQuant analyst "Darkfost" said Thursday. CryptoQuant data also shows there are about 8.2 million Bitcoin at a loss, with Glassnode data confirming it’s at levels not seen since late 2022. Read more
The IMF said tokenization could improve cross-border payments and financial inclusion in emerging economies but cited concerns over volatility and the “erosion of monetary sovereignty.” The International Monetary Fund said tokenization has the potential to remove friction and boost transparency in finance, but warned that the technology could also create challenges that affect financial stability. "The net effect of tokenization on financial stability is uncertain,” the IMF said in a 23-page report on Thursday, stating that “atomic settlement and enhanced transparency reduce some traditional risks, but speed and automation introduce new ones.” More than $27.6 billion worth of real-world assets, minus stablecoins, is currently tokenized onchain, data from RWA.xyz shows. Boston Consulting Group estimated in 2022 that the tokenization market could rise to $16 trillion by 2030, while McKinsey & Co in 2024 predicted a more conservative $2 trillion over the same time frame. Read more
Stablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network. Stablecoin transaction volume surpassed the US Automated Clearing House network for the first time in February, a significant milestone for an asset class that has existed for less than 12 years. According to data from blockchain analytics platform Artemis, the total 30-day adjusted rolling stablecoin volume hit $7.2 trillion in February, beating the Automated Clearing House network at $6.8 trillion. The data is based on 30-day rolling adjusted volume of stablecoin transactions in US dollars, excluding MEV activity and intra-centralized exchange transactions, comparing this to the daily average volume of other financial systems. Read more