Author: Joseph Mutuma
Ripple partnered with Securitize to let BlackRock and VanEck fund holders instantly redeem shares for RLUSD stablecoin. Investors can access their money 24/7 without waiting for traditional fund redemption processes. RLUSD has grown to over $700 million market cap and continues expanding into institutional finance products. Ripple has partnered strategically with Securitize to introduce Ripple USD (RLUSD) stablecoin to two prominent tokenized investment funds. Investors in BlackRock’s BUIDL and VanEck’s VBILL funds can now instantly redeem their holdings for RLUSD, providing continuous access to their investments. The integration represents RLUSD’s first deployment on Securitize’s tokenization platform. Fund shareholders can convert…
SEC plans innovation exemptions for crypto firms by the end of 2024. New rules will help companies launch products more easily. Several crypto firms went public this year, and BitGo filed for an IPO. SEC works with Congress to create clearer digital asset regulations. Proposed rules may allow super apps for stock and crypto trading. Changes aim to boost innovation and market stability. The Securities and Exchange Commission (SEC) is preparing to introduce new regulatory frameworks to help cryptocurrency companies launch products in the United States. Chair Paul Atkins announced plans for an “innovation exemption” to allow crypto firms to…
Justin Sun will use all SunPerp exchange revenue to permanently buy back and burn SUN tokens. The token’s market cap has reached over $665 million, and experts call it October’s biggest crypto opportunity. TRON has already burned over 639 million SUN tokens since 2021 through similar programs. TRON founder Justin Sun has revealed a strategic buyback initiative for SUN tokens, directing all revenue from SunPerp decentralized exchange toward token repurchases and burns. The announcement marks a significant commitment to reducing token supply while potentially driving price appreciation. The buyback program allocates 100% of SunPerp protocol profits exclusively to purchasing and…
Strategy bought 850 Bitcoin for $99.7 million and now holds 639,835 BTC worth $47.33 billion. MSTR stock dropped to a five-month low of $323 but remains up 14% for the year. Bitcoin trades below $113,000 amida broader crypto market decline caused by rising Treasury yields. Strategy has announced its eighth consecutive weekly Bitcoin purchase, acquiring 850 BTC for $99.7 million despite ongoing declines in Bitcoin prices and the company’s stock value. The business intelligence firm paid an average of $117,344 per Bitcoin in this latest transaction. The purchase brings Strategy’s total Bitcoin holdings to 639,835 BTC, valued at approximately $47.33…
China’s securities regulator ordered mainland brokerages to stop their blockchain asset tokenization businesses in Hong Kong. Hong Kong continues to welcome digital asset companies, and 77 firms have applied for stablecoin licenses. The RWA tokenization market is worth $29 billion today but could reach $2 trillion by 2030. The China Securities Regulatory Commission (CSRC) has directed mainland brokerages to suspend real-world asset tokenization activities in Hong Kong. This move creates a sharp policy divide between Beijing’s restrictive approach and Hong Kong’s progressive digital asset strategy. The regulatory body issued informal guidance to major Chinese brokerages, instructing them to halt tokenization…
REX-Osprey launched the first US Dogecoin and XRP ETFs under tickers DOJE and XRPR. The funds use a 40 Act structure and invest in other crypto ETFs rather than holding direct cryptocurrency positions. More DOGE and XRP ETFs are awaiting SEC approval, with additional filings under review. REX Shares and Osprey Funds have officially launched their groundbreaking Dogecoin and XRP exchange-traded funds. The launches of DOJE and XRPR follow the successful debut of the REX-Osprey™ SOL + Staking ETF (SSK) on July 2, 2025, marking a significant milestone in cryptocurrency investment products. The DOJE ETF represents the first-ever Dogecoin ETF…
HBAR price broke above $0.24, and the market cap reached $10.5 billion with trading volume surging over 100%. Technical analysis shows strong support at $0.22, and analysts target $0.40 next, with potential long-term prices reaching $1.80. SEC approved a faster ETF framework, and this could lead to HBAR ETF speculation while derivatives open interest jumped 13.42%. Hedera’s native token HBAR has demonstrated significant momentum after breaking above the $0.24 threshold. The cryptocurrency’s market capitalization climbed 5.6% to reach $10.5 billion, accompanied by a remarkable surge in trading activity. Daily trading volume exceeded $430 million, representing an increase of over 100%.…
Forward Industries filed a $4 billion equity program to buy more Solana tokens, and the company already owns 6.82 million SOL worth $1.6 billion. Analysts predict SOL could reach $500 based on technical pattern,s and the token currently trades around $235 near key resistance levels. Solana’s network fundamentals remain strong with $13 billion in total value locked and over six billion annual transactions processed. Forward Industries has announced a substantial $4 billion capital raising program designed to strengthen its Solana treasury position. The company filed an at-the-market equity offering with the Securities and Exchange Commission, providing significant flexibility for future…
A crypto analyst spotted a bull flag pattern on Dogecoin’s chart and predicted that the price could reach $0.43. CleanCore Solutions bought 100 million more DOGE tokens and now holds over 600 million coins worth $160 million. The Rex-Osprey DOGE ETF will launch on September 18 after facing delays from its original Friday date. Dogecoin demonstrates strong technical signals while major corporate accumulation drives institutional interest. The cryptocurrency trades at $0.267 amid growing whale activity and upcoming ETF developments. Technical Analysis Points to Bullish Momentum Crypto analyst Trader Tardigrade identified a bull flag formation on Dogecoin’s daily chart through recent…
Solana’s SOL token climbed to $227.31 after Forward Industries raised $1.65 billion to buy SOL tokens. Major crypto firms Galaxy Digital, Jump Crypto, and Multicoin Capital led the funding round with over $300 million. The deal resulted in leadership changes at Forward Industries and signals growing institutional confidence in Solana. Solana’s native token SOL, climbed above $227 following news that Nasdaq-listed Forward Industries secured $1.65 billion in funding to build a Solana treasury. The development marks a significant milestone for institutional adoption of the blockchain network. SOL gained 1.41% to reach $227.31 on Wednesday. The token has posted impressive returns…