Formation Securities plans Solana stock trading venue under SEC exemption
The proposed venue would offer 24/7 trading of tokenized shares from Galaxy Digital, Exodus and Forward Industries, with a launch planned for early 2027.…
Mercado Bitcoin begins post-hack reopening without a timeline for withdrawals
Customers can view their prehack balances as access returns in phases. The exchange has yet to say when withdrawals will resume. Source:Cointelegraph
PNC Bank tests turning USDC payments into dollar deposits
The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit.…
Avalanche’s AVAX leads crypto gains following NYSE tokenization deal
Avalanche’s AVAX token rose as much as 10% after the NYSE selected its blockchain to support settlement on a planned tokenized stock trading platform.…
Bitcoin, tech stocks brush off Nvidia nerves as analyst mulls $68K target
Bitcoin rebounded from an 11week low near $73,500 as the Nasdaq Composite rallied despite selloff in Nvidia shares. Source:Cointelegraph
Analysts see no broader ‘contagion’ from $6.3B Binance hack
Binance’s pledge to cover all user losses helped contain the fallout from the $6.3 billion hack, analysts said. Source:Cointelegraph
The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules
The Binance hack proved stablecoin freezes work. Now the UK should make clear freeze rules a condition of listing coins. Source:Cointelegraph
Strategy buys 1,036 Bitcoin as BTC holdings climb to 850,364
Strategy bought $81.9 million in Bitcoin last week while spending $188.3 million repurchasing STRC preferred shares, according to its latest SEC filing.…
EU taps industry to set standards for tokenized securities
Applications close Nov. 27 for an industry group that aims to draft initial standards for holding and settling tokenized securities by early 2028.…
Coinbase’s US national trust bank charter takes effect
Coinbase plans to expand its institutional crypto custody business under the federal charter and is exploring digital asset payment products.…
Robinhood opens access to US IPOs for UK retail investors
Robinhood’s UK customers can request shares in eligible US initial public offerings at the offer price before the stocks begin trading. Source:Cointelegraph
BTC price eyes $73K amid Nvidia volatility: Three things to know in Bitcoin this week
Bitcoin price action fell to its lowest levels since midAugust as Nvidia reports added to sellside pressure across stockmarket futures. Source:Cointelegraph