Author: CryptoGlobeToday.com
Vice President of Regulatory Affairs at Tether US, Jesse Spiro, is now the chairman of the Fellowship PAC, a $100 million crypto-backed group that will support leaders who champion new ideas and grow USAT beyond Ethereum. The Fellowship PAC said it will invest in increasing USAT adoption and expand its market on many blockchains. The move comes amid a broader wave of political spending by crypto firms ahead of the 2026 U.S. midterm elections. Tether executive leads PAC to drive USAT expansion Jesse Spiro previously led government and regulatory affairs at Tether US and will now guide the PAC’s strategy to…
Solana price confirms bearish crossover following Drift exploit, will it crash?
Solana price fell nearly 9% following a major exploit on its Drift Protocol DeFi platform that drained nearly $300 million in digital assets. Summary Solana price dropped about 9% after a $285 million exploit on Drift Protocol, one of the largest hacks in the network’s history. Broader market weakness tied to escalating U.S.–Iran tensions and rising oil prices added to selling pressure on SOL. Technical indicators signal continued downside risk, with key support at $75, while a move above $93 could invalidate the bearish setup. According to data from crypto.news, Solana (SOL) price fell 9% to an intraday low of…
Benchmark initiates coverage on Securitize, calls it a ‘picks and shovels’ play for tokenization
Benchmark initiated coverage on Securitize on Tuesday, ahead of the fintech’s planned public debut via a merger with Cantor Equity Partners II, assigning a Buy rating and a $16 price target. Analyst Mark Palmer likened the firm to a “picks and shovels” play on tokenization, arguing that it stands to benefit as more real-world assets move onchain, regardless of which products or issuers succeed. The report touted the tokenization sector as one of the most “profound shifts” in capital markets since the introduction of electronic trading, with Securitize at the “epicenter” of that shift. Securitize operates as a platform that…
Ethereum Poised to Win Stablecoins and Tokenization Market, Bitwise CIO Matt Hougan Says
TLDR: Bitwise CIO Matt Hougan calls Ethereum the top play on stablecoins and tokenization markets. Ethereum controls 61.4% of all tokenized assets, representing a total market value of $206.2 billion. Hougan compares tokenization’s growth trajectory directly to the rise of the ETF industry. NYSE, NASDAQ, BlackRock, Goldman Sachs, and J.P. Morgan are all actively building in tokenization. Ethereum is set to dominate both the stablecoin and tokenization sectors, according to Bitwise CIO Matt Hougan. Speaking on the matter, Hougan expressed strong conviction in Ethereum’s market position, calling it the “leading play” on both fronts. He currently holds ETH as the…
U.S. 401(k) Crypto Rule Proposal Opens New Retirement Path for Digital Assets
TLDR: U.S. rule proposal gives 401(k) fiduciaries a formal crypto due diligence framework with legal safe harbor Trustees must review fees, liquidity, valuation, benchmarks, and complexity before crypto plan approval Proposal opens a regulated pathway for retirement capital to access crypto and private equity exposure 60-day comment period now begins before regulators decide on final 401(k) crypto rule language The U.S. Department of Labor has proposed a rule that could formally open 401(k) retirement plans to cryptocurrencies and private equity. The measure introduces a defined process for fiduciaries evaluating alternative assets inside retirement portfolios. It marks the clearest federal framework…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin, USDC, and XRP remain key pillars as investors balance store of value, stability, and payments. Summary Bitcoin, USDC, and XRP lead the crypto ecosystem, driving innovation, stability, and cross-border payments. ConfluxCapital enables users to earn daily returns through AI-driven quantitative crypto strategies without complex setups. The platform offers a $20 signup bonus, automated trading, and flexible withdrawals to simplify crypto investing. In the booming wave of digital assets, Bitcoin, USDC, and XRP are arguably the three most influential…
Ethereum Dominates Tokenized Assets Market With 61.4% Share and $206.2 Billion Value
TLDR: Ethereum secures 61.4% of tokenized assets, reaching $206.2 billion in total market value globally. Tokenized asset market cap on Ethereum has grown over 40% year over year. Institutional voices point to blockchain adoption across equities, bonds, and real estate markets. Market data shows Ethereum leading infrastructure for tokenization and stablecoin settlement. Ethereum accounts for 61.4% of all tokenized assets, totaling $206.2 billion in value. Data from Token Terminal shows steady expansion, with the network’s tokenized asset market cap rising more than 40% year over year. Ethereum’s Expanding Role in Tokenized Markets Recent data shared by Coin Bureau on X…
A new report about possible US ground action in Iran has added fresh tension to global markets. Summary Washington Post said planners reviewed Iran ground raid options while Bitcoin held near $66,500 Sunday. Bitcoin stayed flat through Sunday trading as investors waited for traditional markets to reopen overnight. Officials kept diplomacy in focus even as reports outlined possible raids near Iran’s Kharg Island. Bitcoin stayed near $66,500 on Sunday, but traders are watching whether broader risk assets react more sharply when US markets reopen. The Washington Post reported that the Pentagon is preparing options for ground operations in Iran that…
The Bitcoin price has been trading below $100,000 for months now, and there has been no attempt to reclaim this level. Even now, the price continues to trade more than 40% below its all-time high, as massive sell-offs continue to push the price down. Amid this widespread selling and negative macroeconomic factors, a crypto analyst has revealed when they expect the Bitcoin price to reach the $100,000 mark again before attempting a new all-time high. End Of Iran War Will Drive Bitcoin Price Back in February, the United States had apparently carried out coordinated strikes on the Iranian military, eventually…
Ethereum Comeback Gains Momentum as Activity and Stablecoin Flows Return to L1
TLDR: Ethereum activity and stablecoin balances are shifting back from Layer 2 networks to the base layer Stablecoin supply and tokenized assets on Ethereum are approaching previous all-time high levels Ethereum’s execution density and composability continue to attract high-value on-chain transactions ETH has outperformed major Layer 2 tokens since October 2025, signaling renewed market strength Ethereum comeback narratives are gaining traction as new data points to renewed activity on the network. Insights shared by Coinbase Institutional indicate a measurable shift in user behavior and capital flows. Stablecoin balances and tokenized assets on Ethereum are approaching historical highs. At the same…
