Author: Kryptonews

The SEC has refreshed its crypto asset FAQs, clarifying how broker-dealers like Morgan Stanley, Goldman Sachs, and others can satisfy custody and capital requirements for crypto asset securities, and addressing how the framework applies to Bitcoin and Ethereum ETF activity.The update appears on the Trading and Markets FAQ index as “Frequently Asked Questions Relating to Crypto Asset Activities and Distributed Ledger Technology (May 15, 2025) – UPDATED December 17, 2025.”It gives firms a current staff-posted reference as custody design becomes a gating item for tokenized securities distribution and ETP market-making.How the SEC’s updated custody guidance reshapes broker control of crypto…

Kraken-backed tokenized securities platform xStocks is launching on TON Wallet, a self-custodial wallet on the Telegram messenger.Following an initial rollout on Wallet in Telegram, xStocks is now live on TON Wallet, marking the offering’s official launch on Telegram-linked blockchain, The Open Network (TON), Kraken announced Thursday.“Launching xStocks on TON brings tokenized equities onto truly open infrastructure,” Kraken co-CEO Arjun Sethi said in the announcement, adding that the launch marks the first time for Telegram users to access tokenized US equities onchain.Wallet in Telegram’s previous integration of xStocks featured 35 tokenized stocks, including Circle (CRCLX), Coinbase (COINX), Robinhood (HOODX) and TON…

The art world may not be the most data-informed industry, but there are regular reports on the art market, such as the UBS Art Basel Market Report, which surveys auction houses, galleries, and fairs; UBS collector surveys; and the Artnet Intelligence Report, which analyzes that company’s proprietary auction data. If you noticed that artists don’t seem to appear in those reports, well, New York artist mentor Paddy Johnson is one step ahead of you. Her inaugural New Visions Report, released Wednesday, surveyed 1,000 mid-career creators with the aim of assessing their careers the same way other businesses are evaluated.  Related…

Bitcoin’s BTC$86,817.46 underperformance relative to gold, to which it is often compared, continues as its price in dollars lacks clear directional bias, trading back and forth between $86,000 and $90,000. It’s currently up 1.2% since midnight UTC against the greenback.The ratio between the price of bitcoin and gold, however, has dropped to 20.18, the lowest since Jan. 1, 2024, according to data source TradingView. The sustained decline shows investors still favor the precious metal as the preferred safe-haven asset amid what some see as fiscal imprudence across the advanced world and talk about Federal Reserve interest-rate cuts.The ratio may improve…

Major US cryptocurrency exchange Coinbase is expanding payment options in Poland by integrating with one of the country’s most widely used mobile payment systems.Coinbase has partnered with European payment processor PPro to enable payments via Blik, a popular Polish mobile payment network with nearly 20 million users.The announcement was made by Coinbase executive and NFT Paris co-founder Côme Prost, who joined the exchange in February 2024 to lead its French operations.“Improving local payment rails is a key focus for us,” Prost said in a LinkedIn post on Wednesday, highlighting the importance of simple, fast and familiar payment options in driving…

U.S. spot bitcoin exchange-traded funds (ETFs) posted their largest one-day inflows since Nov. 11 on Wednesday, coinciding with a volatile crypto market during which bitcoin BTC$87,191.47 rallied to nearly $90,000 before reversing and falling below $86,000.In total, the funds recorded net inflows of $457.3 million, most of which — $391.5 million — went into Fidelity Wise Origin Bitcoin Fund (FBTC), according to Farside data. This ranks as a top five inflow day for FBTC. BlackRock’s iShares Bitcoin Trust (IBIT) also posted strong demand, registering inflows of $111.2 million.Bitcoin dominance, which measures BTC’s share of the total cryptocurrency market capitalization, has…

LEO is today’s biggest loser. Bitcoin’s price skyrocketed by several grand in an instant on Wednesday, only to be rejected and pushed south hard just as quickly. Most larger-cap altcoins continue to lose value, with ETH dropping to $2,850 and XRP slipping beneath $1.90. HYPE’s substantial correction has only intensified. BTC Pumps and Dumps Even though the US Federal Reserve reduced the key interest rates last week by another 25 bps, bitcoin’s price has been mostly on the decline. It spiked to $94,500 before and after the decision was announced, but was quickly rejected and slipped to $89,500 a…

Due to the fast development of digital assets, investors have reconsidered the intersection of finance, technology, and entertainment. The emergence of crypto casino platforms, a blend of blockchain-based infrastructure and online gambling, is among the most surprising yet highly captivating trends, introducing a new subcategory within the rapidly expanding digital entertainment landscape. Crypto casinos, once viewed as an external part of the cryptocurrency ecosystem, are now considered a target by hedge funds, private equity firms, venture capital firms, and even consumer-facing entertainment brands. Their attraction is indicative of the changing market shifts, maturation of the blockchain technology, and the growing…

The US Securities and Exchange Commission’s Trading and Markets Division on Wednesday laid out how broker-dealers can custody tokenized stocks and bonds under existing customer protection rules, signaling that blockchain-based crypto asset securities will be slotted into traditional securities safeguards rather than treated as a new category.The division said it would not object to broker-dealers deeming themselves in possession of crypto asset securities under existing customer protection rules, as long as they meet a set of operational, security and governance conditions. This applies only to crypto securities, including tokenized stocks or bonds.While the statement is not a rule, it provides…

XRP (XRP)  has retraced nearly 50% from its multi-year high of $3.66 to trade below $2, a technical setup that may have “bearish implications” for its price, according to Veteran analyst Peter Brandt.Key takeaways:XRP appeared bearish below $2, with chart technicals pointing toward $1.A successful test of support at $1.78 could invalidate the bearish outlook.Is the XRP top in?XRP’s technical setup shows that its inability to hold above the $2 support level puts the altcoin at risk of a deeper correction. In a Wednesday post on X, Peter Brandt said the presence of a “potential double top” pattern could see XRP…