Forward Industries announces $1.65 billion private placement led by Galaxy Digital, Jump Crypto, and Multicoin Capital to initiate Solana treasury strategy👀 #CryptoObservers#
Spot Bitcoin ETF assets ended Q2 at a record $134.6 billion, aided by price appreciation and renewed allocations. Institutions disclosed $33.6 billion in holdings via 13F filings, with market-making firms prominent among top owners👀 #CryptoObservers#
Stablecoin rails also transform person-to-person (P2P) transactions, cross-border remittances included. For a $200 transfer, banks charge the highest fees (~12.66%), while money-transfer operators (MTOs) charge ~5.35% and mobile carriers ~3.87%. By contrast, stablecoin platforms can dramatically undercut these rates👀 #CryptoObservers#