SEC eyes plan to allow blockchain-based stock trading on approved crypto platforms. Nasdaq, Coinbase, and others push for tokenized equities as adoption accelerates. Tokenized stock market could hit $1.3T if 1% of global equities move to blockchain. The US Securities and Exchange Commission (SEC) is reportedly developing a proposal to allow blockchain-registered versions of stocks to trade on cryptocurrency exchanges, signaling a potential breakthrough in the integration of digital asset technology into traditional markets. The move, if approved, would permit […]
IBIT surpasses Deribit with $38B in Bitcoin options open interest, reshaping crypto markets. Wall Street’s rise in Bitcoin options brings tighter spreads, deeper liquidity, and less volatility. Deribit, now owned by Coinbase, stays popular with crypto-native traders despite losing the top spot. BlackRock’s iShares Bitcoin Trust has overtaken Coinbase’s Deribit as the leading platform for Bitcoin options, signaling a shift in the center of gravity for crypto trading from offshore hubs to Wall Street. IBIT takes the lead Open interest […]
FTX creditors will receive $1.6B in reimbursement tomorrow. This is the 3rd major distribution in the bankrupt firm’s restructuring program. FTT has lost $1 psychological mark after hitting $1.20 peaks this week. The defunct cryptocurrency exchange, FTX, is set to distribute roughly $1.6 billion to its creditors in its Third Distribution round on September 30. The move marks a significant step in the exchange’s bankruptcy process following the late 2022 collapse. Meanwhile, tomorrow’s payout represents the third disbursement to date […]
Quant announced an innovative product today. QuantNet transforms how banks connect with digital currencies. Native QNT gained over 7% in the past 24 hours. Banks are facing challenges amidst the ongoing financial revolution due to slow processes, isolated networks, and outdated systems. Interoperable blockchain Quant aims to fill this gap with its new innovative product, QuantNet. QuantNet creates an ecosystem where traditional banking, cryptocurrencies, and tokenized assets can flow seamlessly together. We’re proud to announce the launch of #QuantNet, the […]
Bitcoin hits $112k, fueled by institutional buying. Strategy added 196 BTC, increasing its holdings to 640,031 BTC. Analysts see potential for $120,000 but warn of volatility risks. Bitcoin (BTC) has surged to $112k, fueled by renewed institutional interest and a significant acquisition by Strategy, the world’s largest corporate Bitcoin holder. Strategy acquires 196 BTC, holdings hit 640,031 Strategy, formerly MicroStrategy, has announced the acquisition of 196 Bitcoin for an undisclosed amount, bringing its total holdings to 640,031 BTC, according to […]
Horizen price is up 12% in 24 hours as bulls break above $7 again. ZEN’s price surge today reflects its strategic advancements and growing relevance in privacy-focused DeFi. While the outlook is cautiously optimistic, investors should remain vigilant of market volatility and regulatory developments. Horizen (ZEN) has seen a notable price increase today, with double-digit gains allowing buyers to bounce to a key level. Attention from investors continues to drive a bullish outlook amid a surge that comes as privacy-focused […]
SEC Commissioner Hester Peirce says the regulator is ‘willing to work’ on tokenization. She has urged industry participants to come in and talk with the SEC. A key issue is how tokenized assets will interact with traditional securities. In a powerful and welcoming signal to a crypto industry long starved of regulatory clarity, a top US securities regulator has extended a public olive branch, declaring that the Securities and Exchange Commission is open for business when it comes to the […]
SEC adopts generic standards, ending the need for individual 19b-4 filings. Crypto ETF issuers will now focus on S-1 reviews, possibly speeding up the ETF launch timelines. Altcoin ETFs face a six-month futures trading rule before approval. The United States Securities and Exchange Commission (SEC) has taken a decisive step that could reshape the crypto ETF landscape. The agency has asked issuers of spot cryptocurrency ETFs, including those tied to Litecoin, XRP, Solana, Cardano, and Dogecoin, to withdraw their pending […]
Polkadot has opened voting on DOT-backed pUSD amid strong support and sharp criticism. The previous failed aUSD stablecoin project raises doubts over governance and technical trust. Polkadot founder Gavin Wood is pushing the stablecoin strategy to steady validator rewards. The Polkadot community is weighing one of its most consequential proposals to date, a plan to launch a native stablecoin backed entirely by DOT tokens. Known as pUSD, the project is being debated through an on-chain referendum that has quickly attracted […]
The name change signals deeper alignment with the blockchain industry. The company will enjoy various benefits, including discounted SOL coins and joint initiatives. Solana Company focuses on creating a crypto treasury strategy centered on SOL purchases. Helius Medical Technologies, Inc. (Nasdaq: HSDT) has officially rebranded as Solana Company, signaling a bold shift as it dives deeper into the blockchain sector. 🚨NEW: Helius Medical Technologies has rebranded to “Solana Company” and signed a non-binding agreement with @Solana Foundation. The agreement includes […]