Connect with us
DAPA Banner

Crypto World

Fundrise Innovation Fund (VCX) Goes On-Chain Through xStocks Partnership for SpaceX and Anthropic Access

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

Key Highlights

  • A collaboration between xStocks and Fundrise will transform the VCX fund into a blockchain-based token called VCXx.
  • VCX provides ownership stakes in prominent private firms including SpaceX, OpenAI, Anthropic, and Databricks.
  • The on-chain tokenized stock sector recently surpassed $1 billion in aggregate market value.
  • Following its NYSE debut, VCX stock climbed from $31 to $575 before retreating to $173 amid short-seller criticism from Citron Research.
  • The xStocks platform has facilitated over $25 billion worth of trades and serves more than 100,000 individual token holders worldwide.

Digital securities platform xStocks has revealed a strategic collaboration with investment firm Fundrise to transform the Fundrise Innovation Fund into a blockchain-based asset. The tokenized version, designated as VCXx, will debut on xStocks’ marketplace in the near future.

The Fundrise Innovation Fund operates on the New York Stock Exchange with the VCX ticker symbol. This closed-end investment vehicle provides shareholders with stakes in private companies representing the cutting edge of technology innovation, including SpaceX, [[LINK_START_0]]OpenAI[[LINK_END_0]], Anthropic, and Databricks.

VCX commenced NYSE trading on March 19 at an initial price point of $31 per share. Intense investor interest drove valuations to a peak of $575 per share just days following the public market launch.

The stock experienced significant volatility after short-seller firm Citron Research issued a critical analysis on Thursday. The report highlighted that Fundrise Advisors LLC settled SEC allegations in 2023 concerning undisclosed paid promotions and questioned whether the company might be compensating social media influencers to market VCX shares.

Advertisement

By week’s end, VCX closed at $173, representing a 34% plunge on Friday alone, followed by an additional 5.9% decrease during extended trading hours. Fundrise Chief Executive Ben Miller responded to CNBC, characterizing the criticism as a baseless attack and standing by the fund’s investment strategy.

Understanding the Token Structure

Through the tokenization of VCX, xStocks and Fundrise aim to democratize investment opportunities in private market assets for international investors. Traditionally, gaining exposure to late-stage private enterprises like those within VCX’s portfolio required institutional status or significant personal wealth.

The VCXx digital asset is engineered for compatibility across multiple wallet systems, blockchain protocols, and exchange platforms. Additionally, it enables sophisticated applications such as collateral posting and borrowing within decentralized finance ecosystems.

xStocks operates on technology infrastructure managed by Payward, which serves as the corporate entity behind cryptocurrency exchange Kraken. The service currently offers access to more than 100 tokenized equities and ETFs, having processed cumulative transaction volumes exceeding $25 billion across its global user base of over 100,000 holders.

Advertisement

Payward recently unveiled a collaborative initiative with Nasdaq focused on bridging conventional equity markets with blockchain-based infrastructure, complementing this VCX tokenization effort.

Digital Stocks Reach $1 Billion Threshold

This xStocks-Fundrise initiative arrives as the tokenized securities sector achieves a significant benchmark. Analytics from RWA.xyz indicate that the combined value of blockchain-based stocks surpassed $1 billion earlier this month.

Market concentration remains notable, with two platforms controlling the majority. Ondo commands approximately 58% of market share, while xStocks represents roughly 24% of the sector, based on RWA.xyz data.

A March 2025 analysis by Foresight Ventures observed that the market is coalescing around these established players, citing regulatory compliance requirements, liquidity network effects, and varying tokenization approaches as determining factors.

Advertisement

The VCXx token is scheduled to launch on the xStocks platform in the coming days, according to current projections.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Gold Price Analysis: Singapore To Tap Gold Ecosystem

Published

on

⚡

Gold price might just get a big push from Singapore, and the analysis for the metal is getting bullish. Singapore is making a calculated push to become the Asia-Pacific’s dominant gold trading hub, and the institutional machinery backing that move is significant.

The Monetary Authority of Singapore announced on March 27, 2026, that it would build out a full gold ecosystem, covering physical vaulting, capital market products, OTC clearing, and central bank storage services. Gold price has held elevated as institutional demand accelerates.

MAS Deputy Chairman Chee Hong Tat confirmed the initiative alongside the Singapore Bullion Market Association, framing it explicitly as a new pillar for Singapore’s wealth management sector.

“What we’re doing is to create an ecosystem that enables gold trading activities based out of Singapore,” Chee said, describing the effort as “planting trees in an ecosystem.”

The working group, formed in January 2026, includes heavyweights DBS, JPMorgan, UBS, UOB, ICBC Standard Bank, SGX, and the World Gold Council. The LionGlobal Singapore Physical Gold ETF debuted on SGX just one day prior, on March 26, offering fractional exposure in both SGD and USD through vault operators Brink’s, Loomis, and Malca-Amit.

Advertisement

The convergence of sovereign-level institutional infrastructure and a brand-new ETF launch positions Singapore’s gold market at an inflection point, one that increasingly intersects with blockchain-based settlement and tokenized real-world asset infrastructure.

Discover: The best pre-launch token sales

Gold Price Analysis: Can Singapore’s Gold Push Sustain Bullion’s Institutional Bid?

Gold’s macro setup remains structurally bullish. Central bank accumulation, persistent dollar uncertainty, and now Singapore’s formal vaulting ambitions for foreign sovereign entities are layering new demand floors beneath spot prices.

Advertisement

The MAS initiative targets four pillars: physical infrastructure for storage and transport, gold-related capital market products for price discovery, a clearing and settlement system for large bars (12.4kg, the London standard) and kilobars (1kg, the Asian standard), and vaulting services for foreign central banks potentially held within MAS’s own vault.

Gold price might just get a big push from Singapore, and the analysis for the metal is getting bullish. Here's why.
XAU USD, TradingView

That last point deserves attention. Sovereign vaulting demand doesn’t fluctuate with retail sentiment, it anchors long-term institutional positioning. Industry analysts note Singapore is now positioning directly alongside Dubai, Shanghai, and Hong Kong as a primary Asian bullion hub. Job creation across vaulting, trading, and analysis is expected as the ecosystem matures through 2026.

Gold price is falling right now, but Singapore might push it higher than the previous highs.

Discover: The best crypto to diversify your portfolio with

LiquidChain Targets Early Mover Upside as Gold’s Digital Infrastructure Layer Heats Up

Advertisement

Singapore’s gold push isn’t happening in isolation. The settlement infrastructure, clearing systems, and capital market products Chee described all point toward the same destination: programmable, verifiable asset settlement on-chain.

Institutional blockchain infrastructure is already moving in this direction, and tokenized real-world asset protocols are scaling fast. Spot gold, at current elevated prices, offers limited asymmetric upside for late-stage entries; the structural gains increasingly accrue at the infrastructure layer underneath it.

That’s the thesis behind LiquidChain ($LIQUID), an L3 infrastructure project currently in presale at $0.01435, with over $600K raised to date. LiquidChain fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment. Its Unified Liquidity Layer enables Single-Step Execution across all three ecosystems without bridging friction. Developers deploy once and access all.

Verifiable Settlement in Liquid Chain bakes auditability directly into the execution layer. As cross-chain interoperability becomes the backbone of institutional DeFi, early-stage L3 infrastructure plays carry the kind of asymmetric upside that spot gold simply can’t match at this market cap.

Research LiquidChain’s presale terms here.

This article is for informational purposes only and does not constitute financial advice. Crypto assets are highly volatile. Always conduct your own research before investing.

The post Gold Price Analysis: Singapore To Tap Gold Ecosystem appeared first on Cryptonews.

Advertisement

Source link

Continue Reading

Crypto World

Dogecoin (DOGE) Exhibits Pattern That Previously Sparked 5,800% and 21,000% Rallies

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

Key Takeaways

  • Dogecoin currently hovers around $0.09106, residing in what historical cycles indicate as a prolonged consolidation period.
  • Technical analysis from Bitcoinsensus reveals Cycle 3 displaying structural similarities to Cycles 1 and 2, which delivered returns of 5,800% and 21,000% respectively.
  • Progressive higher lows characterize each DOGE cycle — Cycle 1 bottomed around $0.000020, Cycle 2 near $0.00070, and Cycle 3 maintaining support above $0.09.
  • Trader sentiment on Binance leans bullish, with long-to-short ratios climbing across both account counts and trading volume.
  • ETF activity shows no momentum, maintaining zero daily net inflow while total net assets hover near $9.12 million without institutional participation.

Dogecoin (DOGE) currently changes hands at approximately $0.09106. The popular meme cryptocurrency has captured renewed interest following a technical analysis shared by crypto analyst Bitcoinsensus, which examines three distinct DOGE market cycles in parallel.

[[IMG_6]]
Dogecoin (DOGE) Price

The first cycle delivered explosive returns exceeding 5,800%. The second cycle surpassed expectations with staggering gains topping 21,000%. Both cycles exhibited identical structural characteristics: gradual accumulation, explosive upward momentum, followed by substantial retracement. The current Cycle 3 demonstrates striking similarities to this established framework.

DOGE achieved a cycle high approaching $0.70 before entering a correction phase. The asset has subsequently declined and currently finds equilibrium within the $0.09 to $0.10 trading corridor.

A notable consistency spanning all three cycles involves progressively higher cyclical lows. The first cycle established its base near $0.000020. The second cycle formed support around $0.00070. The third cycle has successfully defended levels above $0.09 throughout its current retracement.

This ascending low structure indicates buyer conviction intensifying at progressively higher valuations with each successive cycle. The pattern demonstrates Dogecoin attracting an expanding participant base across time.

Binance Trading Activity Reveals Bullish Sentiment

Recent Binance metrics reveal a notable shift in trader positioning. The long-to-short ratio among experienced traders has expanded, evident in both participant count and capital allocation. This development indicates increasing numbers of traders establishing long positions on DOGE appreciation, with many expanding position sizes rather than reducing exposure.

Advertisement

Such positioning typically reflects strengthening market conviction, though it simultaneously creates conditions for crowded trades. When trader sentiment becomes excessively one-directional, brief corrections frequently emerge.

Nevertheless, current positioning data confirms active accumulation at prevailing price levels, representing deliberate strategy rather than reactive trading to existing price movement.

Advertisement

Technical Indicators Suggest Market Coiling for Breakout

Examining technical metrics, the RSI registers near 42 — occupying neutral territory between overbought and oversold conditions. The MACD displays minimal momentum. The ADX reads approximately 15, validating the absence of directional trend strength currently.

Bollinger Bands have contracted significantly, establishing resistance around $0.10 and support near $0.09. Historical precedent shows compressed bands typically precede volatility expansion.

A decisive move above $0.10 could establish a trajectory toward $0.15. Conversely, if support at $0.09 fails, additional downside becomes probable.

Regarding ETF activity, daily net inflows register at zero. Total net assets remain around $9.12 million without expansion. Institutional capital flows through this vehicle have remained dormant.

Advertisement

Market analyst Vuori Trading shared on X that DOGE currently occupies what they characterized as a “generational buying zone,” asserting that “there is no reason why this thing can’t hit $10+ this cycle.”

ETF inflows continue showing zero activity on a daily basis, with total net assets stabilized around $9.12 million.

Advertisement

Source link

Continue Reading

Crypto World

Solana (SOL) Faces 77% Decline as Technical Patterns Signal Potential Drop to $60

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

Key Highlights

  • Solana has achieved the highest number of all-time unique developers at 10,864, overtaking Ethereum’s 9,017 total
  • Current SOL price sits at approximately $82.70, representing a massive decline from the 2025 high-water mark, with technical analyst Wealthmanager forecasting a decline toward $60
  • Three consecutive rejections at the $250 resistance zone demonstrate persistent selling pressure at that critical threshold
  • The number of active DEX traders on Solana has collapsed to levels not seen in three years, indicating diminished on-chain engagement
  • Technical analyst Crypto Patel identifies the present price zone near the 0.618 Fibonacci level as a possible long-term buying opportunity spanning $75 to $45

Solana (SOL) currently hovers around the $82.70 price point, maintaining a market capitalization exceeding $47 billion. The digital asset has experienced a dramatic pullback of more than 77% from its 2025 record high. Widespread cryptocurrency market turbulence has significantly impacted the token’s valuation despite impressive underlying network statistics.

[[IMG_4]]
Solana (SOL) Price

Network performance metrics remain robust. Solana has overtaken Ethereum in cumulative unique developer participation, boasting 10,864 contributors versus Ethereum’s 9,017 count. Polkadot occupies third position with 8,995 developers. The blockchain consistently handles more than 3,000 transactions every second on an ongoing basis.

However, solid fundamental indicators have failed to drive upward price momentum. SOL has encountered rejection at the $250 resistance threshold on three separate occasions. This price level has established itself as a formidable barrier where selling pressure reliably materializes.

Futures trading volume has experienced a pronounced decline following the previous peak. Bubble map analytics reveal diminishing demand throughout the market, with the intense buying activity that previously fueled the surge now notably absent.

Bearish Outlook: $60 Target Emerges

Technical analyst Wealthmanager identifies a well-defined macro bearish trend extending from the 2025 apex. SOL continues forming successive lower peaks and troughs. Resistance spanning $100 to $120 has consistently repelled every upward correction effort.

Advertisement

Wealthmanager holds a short position outlook and anticipates a decline reaching the $60 threshold within a fortnight. Unconvincing bounce formations indicate that buyers currently lack sufficient strength to counteract prevailing downward pressure.

Should this support level fail, the $60–$65 demand area represents the subsequent critical zone for observation. This price range previously provided foundation during the 2024 uptrend.

Examining the two-day timeframe, price movements are developing what analyst Crypto Patel characterizes as a rising wedge configuration. This technical structure has emerged beneath the 200-week moving average. The pattern generally functions as a bearish continuation indicator when appearing following a substantial downturn.

The chart displays a rejection area positioned near the wedge’s upper boundary. A breakdown through the lower trendline would potentially trigger another downward wave.

On-Chain Metrics Show Deterioration

An additional chart published by analyst Sweep using Dune Analytics reveals DEX trader participation on Solana descending to approximately three-year lows. Wallet counts across Solana-based decentralized exchanges experienced substantial growth throughout 2024 but have subsequently undergone sharp reversal.

The metric monitors trader quantity rather than aggregate transaction value. Nevertheless, the retreat to multi-year minimums underscores a pronounced deceleration in speculative network activity.

Advertisement

Contrarian Long-Term Perspective Remains

Crypto Patel interprets the current trading zone through an alternative lens focused on extended timeframes. He observes Solana is positioned near the 0.618 Fibonacci retracement boundary, spanning $75 to $45. This region corresponds with historical support zones and previous consolidation phases.

He designates this as a prospective accumulation territory, projecting long-term price objectives between $500 and $1,000 across multiple market cycles. He maintains this technical framework remains valid provided price action avoids a definitive breach below $45.

Analyst Moonbag shares a comparable perspective, highlighting price consolidation between support around $80 and resistance approaching $200. He envisions a potential upside breakout targeting $400–$600 should broader market sentiment strengthen.

As of publication, SOL is valued at $82.70.

Advertisement

Source link

Advertisement
Continue Reading

Crypto World

Cardano (ADA) Price Struggles at Multi-Year Support While Whales Snap Up 270M Tokens

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

Key Takeaways

  • Cardano is currently priced at $0.2449, resting on a crucial support zone dating back multiple years
  • Futures market indicators reflect pessimism — declining open interest and negative funding rates
  • Large wallet holders added 270 million ADA between midweek and Friday’s close
  • The Cardano network continues to see daily active users below 900, significantly under previous peaks
  • Technical analyst Ali Charts identifies $0.245 as the pivotal support threshold to monitor

As of this writing, Cardano (ADA) is changing hands at $0.2449, clinging to a support zone that has held significance since 2022. Over recent sessions, the token has shed close to 6%, effectively erasing gains that emerged earlier in the week.

[[IMG_2]]
Cardano (ADA) Price

Price movement has largely been range-bound throughout February. This week’s session saw selling pressure intensify, driving ADA back toward the bottom boundary of its established trading channel.

The cryptocurrency is presently positioned beneath both its 50-day and 100-day Exponential Moving Averages (EMAs). On the daily timeframe, the Relative Strength Index (RSI) registers approximately 43, dipping below the neutral 50 threshold and indicating subdued bullish momentum.

Meanwhile, the MACD indicator has crossed beneath its signal line around the zero mark. This technical development confirms the absence of robust buying interest and indicates ADA continues navigating through a prolonged correction.

Futures Open Interest has contracted to $402.94 million, experiencing a steady decline since the middle of March. This reduction reflects diminishing market participation and validates a conservative short-term perspective.

Advertisement

According to CoinGlass, the current long-to-short ratio stands at 0.83, marking its lowest reading in more than 30 days. When this metric falls below 1.0, it indicates that more market participants are betting on downward price movement rather than upward.

Additionally, funding rates have turned negative at -0.0015%. Under these conditions, short position holders compensate long position holders to maintain their trades, demonstrating that pessimistic sentiment prevails in the derivatives landscape.

Large Holders Increase Positions Near Support Zone

While derivatives markets flash warning signs, blockchain data reveals a more complex picture. Addresses containing 100,000 to 1 million ADA, alongside those holding 10 million to 100 million ADA, collectively acquired 270 million tokens from Wednesday through Friday.

[[IMG_3]]
Source: Santiment

Meanwhile, wallets managing 1 million to 10 million ADA reduced their holdings by approximately 20 million tokens over the same timeframe, suggesting this segment may have surrendered positions while bigger players purchased at lower levels.

Advertisement

According to CoinGlass metrics, there’s considerable buying support clustering around $0.24, with whale participants establishing $31 million in net long exposure through Binance and OKX perpetual contracts. Spot trading volumes, however, continue at modest levels, potentially signaling that major buyers await clearer trend direction before increasing exposure.

On-Chain Engagement Stays Muted

Throughout March, Cardano’s network engagement has displayed persistent weakness. Since mid-December, daily active users have consistently registered below 900, a stark contrast to the tens of thousands the platform routinely saw during more active periods.

[[IMG_4]]
Source: Artemis

Cardano address count has experienced modest growth, expanding from 4.3 million to 4.44 million, potentially signaling gradual accumulation at reduced price levels during this consolidation period.

Critical Support and Resistance Zones

Looking at downside risk, initial support is located at $0.24. Should ADA close below this threshold on a daily basis, it would expose the $0.23–$0.22 range. For upside potential, the nearest resistance barrier appears at $0.27, with a more substantial obstacle positioned around $0.30.

Advertisement

Technical analyst Ali Charts has highlighted $0.245 as the crucial support zone deserving attention for ADA, which corresponds closely with current trading levels.

Advertisement

Source link

Continue Reading

Crypto World

BNP Paribas Adds Bitcoin, Ether ETNs for France Retail Users

Published

on

BNP Paribas Adds Bitcoin, Ether ETNs for France Retail Users

French multinational universal bank BNP Paribas is expanding its investment offering to include six crypto-linked exchange-traded notes (ETNs), giving retail clients in France access to Bitcoin and Ether exposure through regulated products.

The new ETNs, indexed to the price of Bitcoin (BTC) and Ether (ETH), will be available from Monday via standard securities accounts, according to the company. The products are open to individual investors, entrepreneurs, private banking clients and users of the bank’s digital platform, Hello bank!. The rollout may later extend to wealth management clients outside France.

Unlike direct crypto purchases, ETNs allow investors to track the performance of digital assets without holding them. ETNs have credit risk (if the bank fails, you lose money), no tracking error and tax advantages.

The move builds on the French bank’s broader digital asset efforts. In 2024, BNP Paribas arranged and placed Slovenia’s first digital sovereign bond, marking the European Union’s debut issuance of a blockchain-based government bond.

Advertisement

Related: Trading 212 let UK retail trade crypto ETNs without FCA approval: FT

BNP Paribas join Canton Network

In September last year, BNP Paribas and HSBC joined the Canton Foundation, which governs the Canton Network, a blockchain focused on institutional finance and real-world asset tokenization.

Prior to this, BNP Paribas joined Goldman Sachs, Citadel and other major financial players in backing Digital Asset’s $135 million funding round. Digital Asset is the firm behind Canton.

Last month, BNP Paribas Asset Management also launched a tokenized share class of a money market fund on the Ethereum blockchain, expanding its push into fund tokenization using public infrastructure. The move builds on an earlier private blockchain issuance in Luxembourg.

Advertisement

Related: Germany‘s central bank president touts stablecoin and CBDC benefits for EU

Crypto ETN adoption grows in Europe

Adoption of crypto-linked ETNs is expanding across Europe, with ING Germany adding new products from Bitwise and VanEck to its investment offering.

Crypto ETNs also returned to the UK retail market in October 2025 after the Financial Conduct Authority (FCA) reversed a ban imposed in 2021.

Magazine: Bitcoin may take 7 years to upgrade to post-quantum — BIP-360 co-author

Advertisement