The SEC proposed scrapping Rules 611 and 610(e), potentially easing barriers for tokenized US stocks, with feedback open for 60 days; Galaxy’s Alex Thorn calls it a major unlock for DeFi trading. #Update #Crypto $BTC
Billionaire investor Ron Baron has authorized Baron Capital to invest $1 billion in SpaceX (SPCX) shares, anticipating significant demand from large money managers ahead of its IPO at a $1.77 trillion valuation. #Update #Crypto $SPCX
@BinanceWallet users contributed $557M to SpaceX’s IPO via onchain subscriptions, with 81% of participants investing $20K or less. SpaceX’s total demand exceeded $250B. #Update #Crypto $USDC
XRP surged 3.3% to $1.14, driven by strong institutional buying, breaking resistance at $1.12 with 120.2 million XRP traded, as Ripple announces Bitso’s MXNB stablecoin launch on XRPL. #Update #Crypto $XRP
@FigureTech agrees to acquire Kiavi for $717M, integrating AI real estate lending onto blockchain. Sixth Street supports the deal, targeting $7B+ annual loan volume. #Update #Blockchain
Former SEC and CFTC Chair Gary Gensler argues prediction markets do not override state regulations, as legal disputes continue between courts on their legitimacy. #Update #Legal $BTC
Elon Musk’s @X has launched Big Charts, enhancing Smart Cashtags for real-time financial data on $BTC, $ETH, $XRP, and others. Users can now trade SpaceX ($SPCX) directly on the platform. #Update #Crypto $BTC
Binance launches Bstocks for 24/7 fractional trading of U.S. equities, backed 1:1 by Nest Trading. Initial listings include Circle, Nvidia, and Tesla. #Update #Crypto
@LG Electronics is developing a blockchain-based advertising network using @Arbitrum’s layer-2 protocol to enhance operational efficiency, joining other corporations leveraging blockchain technology. #Update #Crypto $ARB
Bitcoin rises to $63,550, up 1.6% today, as President Trump announces a deal with Iran, signaling a potential end to the conflict impacting markets. #Update #Crypto $BTC
@LG Electronics partners with @Arbitrum to create a blockchain-based advertising network, aiming for market launch this year. $ARB rose 5.44% following the announcement. #Update #Crypto $ARB
Brazil’s Chamber of Deputies debates Bill 2946 to enforce mandatory registration for crypto services, aiming to stabilize VASP regulations by codifying Central Bank resolutions. #Update #Crypto
@Coinbase has launched Coinbase for Agents, enabling AI models to trade and make payments autonomously, aiming to enhance crypto trading efficiency. #Update #Crypto $BTC $ETH
Ripple and Bitso integrate MXNB and RLUSD stablecoins on XRP Ledger for enhanced cross-border settlement, targeting the U.S.-Mexico corridor. #Update #Crypto $XRP
