Author: AltCoinDrops.com

Kraken has launched tokenized U.S. stocks across the European Union, giving users in the region direct access to over 60 equities tied to real companies like Apple, Meta, and GameStop. The new feature runs on xStocks, a blockchain platform created by Backed Finance, and is part of Kraken’s global rollout that first began in May. Users in Europe can now trade these assets on-chain, around the clock, no matter when traditional markets are closed. Kraken Co-CEO Arjun Sethi said: “‘Why xStocks? Why tokenized assets?’ Because if you own a share, you should own it. If someone is going to make…

ONDO price confirmed a breakout from a bullish pennant pattern today as its TVL hit a new all-time high. Can it recover from its August losses? Summary ONDO price has broken out of a bullish pennant pattern. The total value locked within Ondo Finance has surpassed $1.5 billion. Whales have increased accumulation of ONDO over the past two days. According to data from crypto.news, Ondo (ONDO) rose over 12% to an intraday high of $1.06 on Wednesday, before settling at $1.01 at the time of writing. The token’s rally today marks a shift from the downtrend it had been in…

SushiSwap price has broken out of a descending triangle pattern that had kept it in a downtrend since mid-July. Summary SUSHI price has been on a downtrend since July. The token has invalidated a multi-month descending triangle pattern. According to data from crypto.news, Sushi (SUSHI) was trading at $0.79 up 2% in the past 24 hours and 6.3% in the past 7 days. Its market cap stood at $153 million as of press time. Despite its weekly gains, the token remains 62% below its July high, since when bears have brought the token down to $0.70 multiple times. A few…

TLDR: Nasdaq has submitted a filing to the SEC seeking approval to trade tokenized securities on its U.S. stock market. If cleared, investors could trade equities through either traditional systems or blockchain-based tokenized platforms. Nasdaq stated tokenized assets should operate within regulated markets like national exchanges and FINRA broker-dealers. The filing aims to combine blockchain efficiency with existing protections in the U.S. equities market. Nasdaq has taken a decisive step that could reshape how U.S. stocks are traded. In a public filing, the exchange asked the Securities and Exchange Commission (SEC) to approve the trading of tokenized securities alongside traditional…

VeChain has launched the VeFounder Program, giving Web3 developers operational control and eventual ownership of ready-made dApps. Summary The program, in partnership with BCG, provides ready-made dApps that devs can operate and eventually fully own, including IP and treasury, once they reach 100K users. At launch, the program features three live dApps—TrashDash, BiteGram, and Bye Bye Bites—that tackle sustainability, nutrition, and food waste, with applications now open for developers. According to a press release shared with crypto.news, VeChain (VET), a leading layer 1 blockchain focused on real-world applications, has launched the VeFounder Program in partnership with the Boston Consulting Group.…

After retesting the range lows, Bitcoin (BTC) has closed the week above a key area, momentarily preventing a breakdown to lower levels. Some market watchers suggested that reclaiming the local range highs this week will set the stage for another leg up, but an analyst warned of potential volatility in the coming days. Related Reading Bitcoin Holds Crucial Weekly Support As the market moves sideways, Bitcoin has continued to trade within its local range between the $108,250-$111,140 levels since the start of the month. The cryptocurrency has shown mixed signals since the second half of August, failing to hold the…

With the crypto market’s total value pushing past $4 trillion and the wider economy showing friendly signals, the conversation about XRP hitting a staggering $10 is heating up. For years, a legal battle with the SEC kept a lid on the token. Now that the dust has settled, the chains are off. A perfect storm seems to be brewing, with big-money players, major tech upgrades, and real-world use cases all pointing towards the most optimistic forecast for XRP in years. Lawsuit’s over, and Wall Street is waking up XRP’s history has been a study in contrasts. During the 2017-2018 bull…

Donald Trump has called on the European Union to impose 100% tariffs on Indian and Chinese goods, making the demand during a meeting with senior U.S. and EU officials in Washington this week. The move is aimed at curbing Russia’s ability to fund its war in Ukraine, as India and China have continued large purchases of Russian oil since the invasion. Trump’s team maintains that choking off this trade is crucial to halting Moscow’s war machine. U.S. officials involved in the discussions said Washington is ready to act if the EU moves forward. One official emphasized that the U.S. wants…

Donald Trump’s transformation into a crypto advocate has left an indelible mark on the regulatory landscape. The Democratic framework positions itself as both a roadmap for market clarity and a rebuke of what Democrats call unprecedented corruption linked to the President’s family ventures in digital assets. Summary Senate Democrats unveiled a seven-pillar crypto framework granting the CFTC oversight of digital commodity spot markets and mandating issuer transparency. The plan introduces strict ethics rules aimed at preventing elected officials from profiting from crypto, citing Trump’s family ventures as a case study. Positioned as a counterweight to the GOP’s Clarity Act, the…

Experts explain why the XRP’s ETF decision is key for the token, especially when it comes to attracting institutions Summary XRP recently broke above the $3 psychological resistance Experts explain how XRP spot ETF approval could propel it to new ATH XRP (XRP) has recently broken the psychological level of $3, thanks largely to enthusiasm over the upcoming decision on the spot XRP ETF. According to several analysts who shared their views with crypto.news, this decision could propel the token to a new all-time high, even beyond $4. Shawn Young, Chief Analyst at MEXC, points out that traders are increasingly…