The SEC has proposed a 60-day rulemaking process to modernize transfer-agent systems for blockchain records as offshore demand for tokenized stocks grows. Summary SEC rules would permit transfer agents to use blockchain-based systems for securities records. The proposal does not make tokens legal shares or grant holders shareholder rights. Bitget recorded $1.16 billion in tokenized-stock
Katana CEO Matt Fisher has said a dollar stablecoin planned by 21 financial institutions for the first half of 2027 could generate yield through independent DeFi protocols, although holders would assume risks not covered by its issuing banks. Summary Twenty-one financial institutions plan to introduce a U.S. dollar stablecoin in the first half of 2027.
Bitcoin has rebounded above $78,000 after U.S. consumer inflation met forecasts in August, although prediction-market traders have raised the chance of a Federal Reserve rate hike to 81%. Summary U.S. consumer prices rose 3.4% annually and 0.4% from July to August. Bitcoin recovered above $78,000 after falling below the $77,000 psychological level. Core monthly inflation
Ethereum price traded near $2,457 on Sep. 11 after recovering from a drop toward $2,400, but resistance around $2,500 continued to limit its advance. Summary Ethereum price recovered from $2,400 but remained below the $2,500 resistance level. Daily Bollinger Bands placed immediate support near $2,399 and resistance at $2,530. The 4-hour Supertrend remained bullish, with
Bitcoin price extended its pullback toward $77,000 as rising oil prices, stubborn US inflation and higher Treasury yields reduced demand for risk assets. Technical charts now place BTC near a major weekly support level, while short-term momentum remains bearish. Summary Bitcoin price traded near $76,800 after losing the $78,000 support area. The 4-hour RSI fell
Summary World opened its standalone platform at world.xyz on September 9 to more than one million waitlisted users, after operating inside the Phantom wallet since the summer. More than 150,000 markets have been created across sports, crypto, politics, finance, economics, and culture, with the initial lineup covering every NFL regular-season game, seven soccer leagues, Formula
Polymarket has appointed former Amazon finance chief Warren Jenson as its first chief financial officer on Sept. 10, placing him in charge of finance and capital strategy during the company’s U.S. expansion. Summary Polymarket has appointed former Amazon executive Warren Jenson as its first chief financial officer ever. Jenson will oversee Polymarket’s finance organization, capital
Kalshi has prepared to seek U.S. regulatory approval for approximately 60 perpetual futures linked to stocks and exchange-traded funds, including Tesla, Apple and Nvidia. Summary Kalshi plans to seek approval for roughly 60 perpetual futures linked to stocks and ETFs. Citadel Securities argues equity-linked perps should remain under SEC oversight alongside stocks and listed options.
Coinbase has partnered with Moov to connect more than 1,000 U.S. community banks and credit unions with stablecoin payments, custody, merchant settlement and real-time funding. Summary Coinbase and Moov will offer stablecoin acceptance, settlement and real-time funding through existing banking systems. Moov serves more than 1,000 community banks and credit unions across the United States
Coinbase has restored the Coinbase Wallet name just over a year after replacing it with Base App, positioning the self-custodial product around multichain trading, perpetual futures, prediction markets and tokenized stocks. Summary Coinbase Wallet will serve as a testing ground for assets unavailable on the company’s centralized exchange. Hyperliquid supplies more than 290 perpetual markets,
