The SEC postponed its planned innovation exemption framework that would allow blockchain-based tokenized stocks, following concerns from traditional exchanges like Nasdaq and CME about investor protection and market fairness. This delay caused Bitcoin to drop below $76,000, wiping out about $33.8 billion in market value, while Ethereum and Coinbase shares also fell. The framework aimed to enable faster, cheaper trading and settlement of tokenized equities, but the SEC's pause highlights ongoing regulatory challenges and resistance from legacy market players. The future of tokenized stocks in the US remains uncertain as regulators weigh the impact on traditional exchanges.
Bitcoin traded at $79,185 on Binance's spot market on October 29, briefly crossing above the $79,000 mark. This represented a 0.64% gain over the previous 15 minutes, although the price was down 0.40% over the full hour. The price quoted is specific ...
Rumors of a Binance hack caused a sharp crypto market drop, wiping out $590 million in long positions within an hour and pushing Bitcoin below $80,000. Binance later confirmed it had blocked cyberattacks linked to North Korea with no losses. The even...
Bitcoin's price fell to $78,896, down 2.71% over the past 24 hours, while Ether dropped 3.82% to $2,258.56. Other tokens like Arbitrum, NEAR Protocol, and Internet Computer saw even steeper declines, falling between 7.87% and 10.71%. This broad downt...
Bitcoin surged to nearly $82,000 following a stronger-than-expected 3.4% US GDP growth report for Q3, reversing earlier losses from the Federal Reserve's decision to keep interest rates steady. The rally was also influenced by a sharp decline in AI s...
Long-term Bitcoin holders own about 4 million BTC purchased mostly in 2025 at prices between $85,000 and $118,000, currently sitting at a loss with Bitcoin trading around $81,600. This price level near $85,000 has repeatedly resisted Bitcoin's rally ...
