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Lynq and Nonco Collaborate to Expand Stablecoin Liquidity for Institutional Holders of Tokenized Fund Shares

Key Takeaways Lynq partnered with Nonco on July 21 to give institutional clients round-the-clock stablecoin liquidity. Clients can convert TFND shares into USDT, USAT, RLUSD or USDC 24 hours a day, bypassing U.S. wire limits. Nonco will initially operate off-platform, offering OTC settlement with no required Lynq software updates. Eliminating Operational Constraints in Digital Markets…

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What Does It Mean for Bitcoin Miners?

The injection came after a painful crash in the local tech markets. China has launched one of its largest market interventions in years, funneling $2 billion worth of yuan into equities and ETFs tracking semiconductor companies among other tech firms. The move follows a steep correction in Chinese tech stocks, which came to a…

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Is $70K Next After BTC Broke Above $66K?

Bitcoin is attempting to extend its recovery after rebounding sharply from the June lows. The asset is now pressing into an important confluence of resistance, where a descending trendline aligns with a major supply zone. While buyers have regained short-term momentum, the coming sessions will determine whether this move develops into a broader trend reversal…

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