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Streamex Corp. and Solana-based decentralized exchange ( DEX) platform Orca launched 24/7 secondary liquidity infrastructure for tokenized securities on Wednesday, with GLDY, a gold-backed, yield-bearing token, as the first asset to trade on the system.

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Fresh trading session data confirms a deep crisis of confidence among institutional investors in Bitcoin's further growth, specifically clients of investment giant BlackRock. Another confirmation of this skepticism was a tranche of 2,538 BTC, equivalent to $192.53 million, sent to the depository addresses of custodian Coinbase Prime before the start of the May 27 trading session.

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The much-hyped copper-to-gold breakout says more about how capital is shifting between defense and growth than it does about bitcoin's destiny on its own.

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Bitcoin has continued to fail in its recent attempts to break out from its current price level and this has triggered fear among speculative traders.