The SEC announced a five-year exemption allowing qualified platforms to trade tokenized stocks backed by real equities with full shareholder rights, enabling 24/7 trading and near-instant settlement. Bitcoin rallied on this news, but critic Peter Schiff argues this development is bearish for Bitcoin because tokenized stocks offer many benefits Bitcoin provides, plus dividends and voting rights, reducing Bitcoin's appeal. The market disagrees, viewing the SEC's move as validation of blockchain technology and seeing tokenized stocks and Bitcoin as serving different purposes.
Peter Schiff's bearish view on Bitcoin following the SEC's tokenized stock announcement is the story's subject. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 20, 2026 11:21 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell today. Notable movers include Solana (SOL) at Rp1.926.907 with a 4.19% decline, Cardano (ADA) at Rp3.927 down 4.17%, and Cosmos (ATOM) at Rp29.914 down 4.14%.
PEPE, a meme token originally from Ethereum, reached $40 million in trading volume on Solana within about 24 hours of its launch on the network through Sunrise, a platform built on Wormhole infrastructure. Sunrise creates a single official version of...
Ethereum's staking queues show a strong surge in demand to lock ETH, with 13.6 times more ETH waiting to enter staking than exit. The entry queue reached around 2.48 million ETH in September 2026, causing wait times of over 40 days, while the exit qu...
Duolingo's General Counsel recently sold over 8,000 shares, raising $1.2 million. This sale comes after the company's stock price fell by 51% over the past year, reflecting investor concerns or market challenges. The transaction highlights insider ac...
The iShares Global Tech ETF (IXN) has gained 34% despite a sharp drop in its price-to-earnings ratio from 29x to under 18x. It now trades at a high-teens P/E with a strong long-term EPS growth rate of 28.5% and increased global diversification. While...
Bitcoin recently reached $80,000, reigniting a debate between investor Jason Calacanis, who sees Bitcoin as a failed payment technology, and Michael Saylor, whose company Strategy holds 845,050 BTC and views it as digital capital for wealth preservat...
