Markets

Nasdaq Files With SEC to Allow Trading of Tokenized Stocks

In brief Nasdaq’s proposal comes as interest in tokenization of assets surges throughout the financial services world. The exchange said that it believes tokenization can provide the same benefits and protections as traditional systems. Nasdaq lists technology giants like Apple, Amazon, Meta, and Google. Nasdaq has asked the U.S. Securities and Exchange Commission for a…

Coins

Ethereum ICO Whale Awakens, Stakes $645 Million ETH

In brief An Ethereum ICO whale from 2015 moved $645 million worth of ETH from three wallets to a staking service. The whale still holds $1.1 billion in ETH. A Myriad Linea prediction market shows more than 70% of respondents believing that ETH will hit $5,000 by year’s end. An Ethereum whale that scooped up…

Markets

XRP Hits a Wall, Solana Slips, and Pump Puffs Its Chest: Analysis

In brief XRP momentum has faded after breaking an eight-year all-time high price. Solana charts tell a different story today than the price action would indicate. And Pump’s PUMP is pumping once again, but can it last? The crypto market has rolled into September with characteristic uncertainty, as “Red September” fears collide with mounting optimism…