š Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! CANARY FILED AN
š Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! CANARY FILES AMENDED
Jito Labs, Bitwise, Multicoin Capital, VanEck, and the Solana Institute have submitted a public letter to the U.S. Securities and Exchange Commission (SEC), requesting approval for the use of liquid staking tokens (LST) in exchange-traded products (ETPs). The letter specifically targets the pending Solana ETF applications of eight major issuers. The companies argued that LSTs provide capital efficiency, operational resilience, and enhanced risk management, and that this approach aligns with the SEC's recently announced guidelines for in-kind creation and redemption processes for cryptocurrency ETPs. Related News: BREAKING: Coinbase Announces Plans for a Strong New Push into Cryptocurrencies - Here Are the Details Applicants state that LST integration will provide investors with a more flexible and secure product while also supporting the development of the Solana ecosystem. Spot ETFs for Bitcoin and Ethereum are already trading on exchanges and are notable for their high inflow rates. The SEC recently approved in-kind refunds for Bitcoin and Ethereum spot ETFs. This approval is expected to apply to Solana as well if the ETF is approved. *This is not investment advice. Continue Reading: Letter from Major US Cryptocurrency Companies to the SEC Regarding Solana (SOL) ā Hereās What It Says
Bitcoinās range expansion chose the downside, but data suggest the larger breakout is still brewing.
BitcoinWorld Coinbase Tokenized Stocks: A Revolutionary Leap into Prediction Markets Get ready for a significant shift in digital asset trading. Coinbase, a leading cryptocurrency exchange, is set to launch groundbreaking services that will redefine how we interact with financial markets. Imagine trading traditional stocks on the blockchain or participating in decentralized prediction markets ā this is becoming a reality thanks to Coinbaseās vision. The introduction of Coinbase tokenized stocks signals a bold new chapter for both the exchange and the broader financial landscape. What Are Coinbase Tokenized Stocks and Prediction Markets? Coinbaseās Vice President of Product, Max Branzburg, recently unveiled the companyās plans in a CNBC interview, detailing their intention to offer services like tokenized stocks and prediction markets. But what exactly do these terms mean, and why are they generating such excitement? Understanding Tokenized Stocks A tokenized stock is a digital representation of a traditional company share, issued and traded on a blockchain. Itās a crypto token whose value is derived from an underlying real-world stock, offering several advantages: Fractional Ownership: Investors can buy small portions of high-value stocks, making blue-chip companies more accessible. 24/7 Trading: Unlike traditional markets, tokenized stocks can potentially be traded around the clock, reflecting the always-on nature of cryptocurrency markets. Increased Liquidity: By opening up trading to a global, always-on audience, liquidity could improve significantly. Transparency and Immutability: All transactions are recorded on a public blockchain, offering unparalleled transparency and resistance to manipulation. Lower Fees: Blockchain-based transactions can often bypass traditional intermediaries, potentially leading to reduced trading fees. This innovation could democratize access to traditional equity markets, allowing more individuals to participate in global economic growth through Coinbase tokenized stocks . Exploring Prediction Markets Prediction markets are platforms where users bet on the outcome of future events, from elections to economic indicators. Participants buy and sell shares representing specific outcomes, with prices reflecting the crowdās perceived probability. Correct outcome shares pay out when the event concludes. Coinbaseās foray into prediction markets could bring several benefits: Decentralized Forecasting: Harnessing the āwisdom of the crowdā for more accurate predictions. New Investment Avenues: Offering users unique ways to engage with and profit from their knowledge of various events. Enhanced Transparency: Blockchain ensures that all bets and payouts are transparent and auditable. Why Is Coinbase Venturing into Tokenized Stocks and Prediction Markets? Coinbaseās strategic move into these services is about fulfilling a grander vision. Branzburg stated Coinbase is transforming into a āone-stop shopā for all on-chain trading needs. This ambitious goal is driven by several factors: Meeting Evolving User Demands: As the crypto space matures, users seek more sophisticated and diversified investment opportunities beyond just cryptocurrencies. Bridging Traditional Finance and Decentralized Finance (DeFi): By offering tokenized versions of traditional assets, Coinbase directly links the established financial world with the innovative blockchain ecosystem. This could onboard a new wave of users. Strengthening Market Position: In an increasingly competitive crypto landscape, offering unique services like Coinbase tokenized stocks helps solidify its position as a market leader. Long-Term Growth Strategy: Diversifying revenue streams and user engagement beyond volatile cryptocurrency trading. This strategy aims to provide a seamless, integrated experience where users can manage a wide array of digital assets, from Bitcoin and Ethereum to tokenized shares of Apple or Tesla, all within the Coinbase ecosystem. The Roadmap Ahead: US Launch and Global Expansion for Coinbase Tokenized Stocks These new services are set to launch in the coming months for U.S. users. This initial domestic focus allows Coinbase to navigate the complex U.S. regulatory landscape before broader expansion. Navigating the Regulatory Maze āSubject to regulatory approvalā is crucial. Tokenized stocks involve securities laws, which vary globally. Coinbase must work closely with regulators like the SEC in the U.S. for full compliance, potentially involving: Obtaining necessary licenses. Adhering to strict know-your-customer (KYC) and anti-money laundering (AML) regulations. Ensuring robust investor protection frameworks. Once a successful framework is established in the U.S., Coinbase plans to gradually expand internationally. This phased approach is a prudent strategy for managing significant legal and compliance challenges in global financial services. What Are the Benefits and Potential Impacts of Coinbaseās New Offerings? The launch of Coinbase tokenized stocks and prediction markets could have far-reaching implications for investors, the crypto market, and the financial industry. For Individual Investors: Enhanced Accessibility: Easier access to global equity markets, especially for those in regions with limited traditional brokerage services. Portfolio Diversification: A new avenue for crypto investors to diversify holdings with assets that typically exhibit different risk profiles. Innovation in Engagement: Prediction markets offer a novel way to engage with current events and potentially profit from informed opinions. For the Crypto Market: Increased Mainstream Adoption: By offering familiar assets on a blockchain, Coinbase could attract traditional investors into the crypto ecosystem, bridging TradFi and DeFi. New Use Cases for Blockchain: Showcasing the practical utility of blockchain technology beyond just cryptocurrencies. Greater Liquidity and Efficiency: Bringing more capital and trading activity onto the blockchain. For the Financial Industry: Disruption and Innovation: Pushing traditional financial institutions to innovate and potentially adopt blockchain technologies. Democratization of Finance: Potentially leveling the playing field for investors globally, reducing barriers to entry. Navigating the Challenges: Risks and Regulatory Landscape for Coinbase Tokenized Stocks While exciting, these new ventures come with significant hurdles and risks. Regulatory Uncertainty: This remains the most significant challenge. Regulators worldwide are still grappling with how to classify and regulate digital assets, especially those linked to traditional securities. Coinbase will need to meticulously navigate different legal frameworks, which can be time-consuming and costly. A misstep could lead to significant fines or operational restrictions. Market Volatility and Price Discrepancy: While tokenized stocks are pegged to traditional stock prices, the crypto market itself is highly volatile. This could introduce new layers of volatility or price discrepancies if the underlying crypto asset or stablecoin used for trading experiences significant fluctuations. Maintaining a stable peg will be crucial. Security and Smart Contract Risks: Any blockchain-based system is susceptible to smart contract bugs or hacking attempts. While Coinbase has a strong security track record, the complexity of new products always introduces new vectors for potential exploits. Robust auditing and security measures will be paramount. User Education and Protection: As these are novel financial products, ensuring users fully understand the risks, mechanisms, and regulatory implications will be vital. Coinbase will need to invest heavily in clear communication and educational resources to protect its users. Actionable Insights for the Savvy Investor For those eager to explore these offerings, consider these actionable insights: Stay Informed: Keep a close eye on official Coinbase announcements regarding launch dates, available assets, and regulatory approvals. Understand the Mechanics: Before diving in, take the time to learn how Coinbase tokenized stocks and prediction markets truly work, including their underlying technology and potential risks. Start Small and Diversify: As with any new investment, consider starting with a small amount youāre comfortable losing and ensure these new assets fit into a diversified portfolio strategy. Assess Your Risk Tolerance: While tokenized stocks aim to mirror traditional stocks, the crypto infrastructure adds a layer of complexity. Understand your personal risk tolerance before engaging. A Glimpse into the Future of Finance Coinbaseās ambitious move into tokenized stocks and prediction markets is a profound statement about the future of finance. By aiming to be a āone-stop shopā for on-chain trading, Coinbase is actively shaping the digital landscape. This venture could break down traditional barriers, democratize access to financial instruments, and integrate blockchain into everyday investment strategies. The coming months will be pivotal as Coinbase takes these revolutionary steps, potentially setting a new standard for accessibility and innovation in global finance. Frequently Asked Questions (FAQs) Q1: What exactly are Coinbase tokenized stocks? A1: Coinbase tokenized stocks are digital tokens representing traditional company shares, issued and traded on a blockchain. They aim to provide benefits like fractional ownership, 24/7 trading, and increased transparency by leveraging blockchain technology. Q2: When will Coinbase launch these new services? A2: According to Coinbaseās VP of Product, Max Branzburg, these services, including tokenized stocks and prediction markets, are planned to launch in the coming months for U.S. users, with gradual international expansion subject to regulatory approval. Q3: Will these services be available globally from launch? A3: No, the initial launch will be for U.S. users. International expansion will follow gradually and will be subject to regulatory approval in various jurisdictions. Q4: What are the main risks associated with tokenized stocks? A4: Key risks include regulatory uncertainty across different regions, potential market volatility if the underlying crypto infrastructure experiences fluctuations, and security risks inherent in any blockchain-based system, such as smart contract vulnerabilities. Users should also be aware of the educational curve for these new products. Q5: How do prediction markets on Coinbase work? A5: Prediction markets allow users to bet on the outcomes of future events. Participants buy and sell shares representing different outcomes, with prices reflecting perceived probabilities. When the event concludes, shares corresponding to the correct outcome pay out. Q6: How will Coinbaseās new offerings impact traditional finance? A6: These offerings could bridge traditional finance with decentralized finance (DeFi), potentially attracting traditional investors to the crypto ecosystem. They may also push traditional financial institutions to innovate and adopt blockchain technologies, fostering greater democratization and efficiency in global finance. If you found this article insightful, please consider sharing it with your network! Help us spread the word about the exciting developments at Coinbase and the future of digital asset trading. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Coinbase Tokenized Stocks: A Revolutionary Leap into Prediction Markets first appeared on BitcoinWorld and is written by Editorial Team
Trump activated tariffs impacting international trade and inflation. Apple, Strategy, and Coinbase released promising financial reports. Continue Reading: Trump Takes Bold Moves that Spark Massive Economic and Market Implications The post Trump Takes Bold Moves that Spark Massive Economic and Market Implications appeared first on COINTURK NEWS .
The US-based crypto exchange clocked $1.5 billion in revenue, coming in below analystsā expectations.
š Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Binance Coin (BNB)
š Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! COINSHARES FILES AMENDED
ChatGPTās XRP Analysis confirms that XRP has consolidated at $3.09 with volume surging to 73.86 million as BlackRockās Director of Digital Assets, Maxwell Stein, announces participation in Ripple Swell 2025 , while technical indicators show strong bullish positioning above all major EMAs despite MACD reaching a critical zero line decision point. The following analysis synthesizes ChatGPTās 32 real-time technical indicators, BlackRock partnership speculation, SEC appeal developments, and institutional adoption metrics to assess XRPās 90-day trajectory amid key technical inflection between continued consolidation and explosive breakout momentum. ChatGPTās XRP Analysis: Strong Bullish Structure Above All EMAs XRPās current price of $3.09 reflects a minimal -0.16% daily decline from an opening price of $3.10 , establishing a tight trading range between $3.18 (high) and $3.08 (low). This 3.3% intraday range demonstrates controlled consolidation typical of preparation phases before major directional moves. $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 The RSI at 56.09 sits in healthy neutral territory, indicating balanced momentum with substantial room for upward movement without reaching overbought conditions. Moving averages reveal an exceptional bullish structure with XRP trading above all major EMAs: 20-day at $3.07 ( +0.7% ), 50-day at $2.77 ( +10.3% ), 100-day at $2.56 ( +17.2% ), and 200-day at $2.32 ( +25.0% ). This EMA configuration represents one of the strongest bullish technical setups in XRPās recent history. $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 The MACD indicators show key positioning at the zero line ( 0.0000 ) with a positive histogram at 0.2075, suggesting momentum building despite a neutral MACD reading. According to ChatGPTās XRP Analysis, volume analysis shows substantial expansion to 73.86 million XRP, indicating massive institutional participation during consolidation. ATR readings at 2.29 suggest a high volatility environment with potential for major moves once the current consolidation phase resolves with institutional catalysts. Historical Context: Explosive Recovery from May Lows XRPās 2025 performance demonstrates strong institutional confidence through regulatory uncertainty, with an explosive 122% recovery from Aprilās $1.60 low to the current consolidation above $3.00 . January-March consolidation between $3.10-$2.70 preceded Aprilās correction to $2.19 as regulatory uncertainty peaked. $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 The decisive May bottom at $1.80 marked the institutional accumulation phase, followed by the explosive June recovery and Julyās continued momentum toward current elevated levels. Current pricing maintains a 19.47% discount to the all-time high while securing extraordinary gains of over 110,000% from 2014 lows. Support & Resistance: Multiple Strong Support Levels Immediate support emerges at todayās low around $3.08 , reinforced by the key 20-day EMA at $3.07 . Key support zones demonstrate remarkable strength with 50-day EMA at $2.77 ( +10.3% buffer), 100-day EMA at $2.56 ( +17.2% buffer), and 200-day EMA at $2.32 ( +25% buffer). Resistance begins immediately at todayās high around $3.18 , followed by the key psychological resistance at $3.20-$3.25 . $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 Major resistance emerges at $3.30-$3.40, where the completion of the double-bottom pattern could trigger explosive momentum toward $3.60+ targets. The technical setup suggests any pullback would find substantial support, while a breakout above $3.18 could trigger rapid appreciation toward $3.30-$3.60 based on pattern recognition and volume expansion potential. Institutional Breakthrough: BlackRock Partnership Speculation BlackRockās Director of Digital Assets, Maxwell Stein, has confirmed participation in Ripple Swell 2025 . $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 The timing coincides with Rippleās pursuit of U.S. Trust Bank status, which would allow XRP integration into Fed infrastructure for institutional payments. BlackRockās engagement validates XRPās institutional readiness and payment rails capabilities for traditional finance integration. The institutional validation extends beyond speculation, with Rippleās legal status reaffirmed after the SEC motion rejection . Market Fundamentals: Stable Volume Amid Consolidation XRP maintains its position as the third-largest cryptocurrency with a market capitalization of $184.13 billion , demonstrating institutional validation and sustained confidence. Volume metrics show remarkable stability with 24-hour trading volume at $5.98 billion , representing a healthy 3.19% volume-to-market cap ratio. $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 Circulating supply of 59.24 billion XRP represents 59.2% of the maximum 100 billion token supply, with Rippleās controlled release schedule supporting price stability. The $310.8 billion fully diluted valuation reflects long-term growth expectations based on payment infrastructure adoption and institutional integration. Social Sentiment: Strong Community Despite Consolidation LunarCrush data reveals moderate social performance with XRPās AltRank at 671 , indicating consolidation in speculative interest while maintaining fundamental strength. Galaxy Score of 37 reflects building momentum around institutional developments and partnership speculation. Engagement metrics show solid activity with 10.79 million total engagements, 58.32K mentions, and 8.87K creators contributing to discussions. Social dominance of 3.65% demonstrates XRPās ability to maintain attention during consolidation phases. Sentiment registers at a robust 80% positive, reflecting community optimism around BlackRock partnership potential, SEC resolution, and institutional adoption acceleration. $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 Recent social themes focus on $1,000 price predictions, BlackRock collaboration, and payment infrastructure dominance. Three-Month XRP Price Forecast Scenarios BlackRock Partnership Breakout (45% Probability) Confirmed BlackRock strategic partnership combined with SEC appeal resolution could drive explosive appreciation toward $4.50-$6.00 , representing a 50-95% upside from current levels. $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 This scenario requires sustained volume above 80 million daily and a successful break above $3.30 resistance. Technical targets include $3.60 , $4.80 , and $6.00 based on historical resistance levels and institutional flow projections. Extended High-Level Consolidation (35% Probability) Delayed partnership announcements could result in extended consolidation between $2.80-$3.40 , allowing technical indicators to reset while institutional positioning continues. $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 Support at multiple EMA levels would likely hold during consolidation, with volume maintaining around 60-70 million daily. This sideways action could extend 6-10 weeks pending major institutional announcements. Correction on Partnership Delays (20% Probability) Major delays in BlackRock partnership or Trust Bank approval could trigger selling toward $2.60-$2.80 support levels, representing 15-20% downside from current levels. This scenario would require unexpected institutional setbacks or broader crypto market weakness. $XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60. pic.twitter.com/4MXEmulUHF ā Ali (@ali_charts) July 31, 2025 Recovery would depend on institutional buying at EMA support levels and eventual resolution of partnership speculation through confirmed collaboration announcements. XRP Price Forecast: Institutional Validation Meets Technical Strength ChatGPTās XRP Analysis notes that XRPās current positioning reflects unprecedented convergence of institutional validation, technical strength, and regulatory clarity. The combination of neutral RSI, key zero-line MACD with positive momentum building, and exceptional EMA support structure creates optimal risk-reward dynamics. Next Price Target: $5.00-$7.00 Within 90 Days For the next price action, XRP needs to stage a breakout above $3.18 resistance. From there, BlackRock partnership acceleration could propel XRP toward the $5.00 psychological milestone, with sustained institutional collaboration driving toward $7.00+ , representing new cycle highs. However, failure to break $3.18 resistance would indicate extended consolidation to the $2.80-$3.20 range. Institutional accumulation and increased demand can further drive XRP toward $10+ targets. The post ChatGPTās 32-Indicator XRP Analysis Flags Breakout as BlackRock Director Joins Ripple Swell 2025 appeared first on Cryptonews .