Hedera’s HBAR token saw a dramatic 5% intraday swing as institutional investors drove heavy volatility, with early gains erased by late-session corporate liquidation pressure.

Crypto markets extended their steep losses Thursday as altcoins plunged and bitcoin tested key support, with derivatives data showing cautious sentiment amid fading liquidity.

OKX-BTC/USDT is currently trading at $108119.80, with a 5-minute drop of 0.25%. Please pay attention to market fluctuations.

[Ripple Acquires GTreasury to Enter Corporate Treasury Sector] Ripple plans to acquire treasury management company GTreasury for $1 billion, officially entering the corporate treasury business sector. (Source)

[Decrypt: BlackRock Advances Asset Tokenization Technology] The world's largest asset management company, BlackRock, is developing tokenization technology to digitize traditional assets. CEO Larry Fink stated that tokenization can expand access to capital markets and reduce costs. The company has already partnered with major financial platforms. BlackRock manages assets totaling $13.46 trillion, and Fink has consistently supported tokenization technology since 2022, advocating for rapid advancement to reduce intermediary costs. (Decrypt)