Grayscale Research said AAVE appears undervalued at current levels, arguing that the token is trading below the value implied by Aave’s cash flows, market position and growth prospects in decentralized lending. The asset manager estimated AAVE’s current fair value at $80 to $100 using a combination of discounted cash flow analysis and comparable valuation multiples,
Strategy’s STRC preferred stock has fallen to a record low near $89, putting fresh pressure on one of the company’s most important funding vehicles for Bitcoin accumulation. The decline pushed STRC well below its $100 par value, weakening the structure Strategy has used to raise cash from income-oriented investors while continuing to expand its Bitcoin
CME Group plans to sue the Commodity Futures Trading Commission over its approval of perpetual futures in the United States, escalating a fight over whether crypto-style derivatives should be allowed inside regulated U.S. markets. CME Chairman and Chief Executive Terry Duffy said the exchange operator will challenge the regulator’s decision, arguing that the approval process
Binance founder Changpeng Zhao said countries should tokenize their stock markets and issue their own stablecoins, arguing that governments can use blockchain infrastructure to expand access to local assets and increase global use of national currencies. The comments add to a growing debate over whether tokenization should be led by private crypto firms, traditional financial
Why Are SK Hynix Shares Moving Into Tokenized Markets? Tokenized shares of SK Hynix are now available to users of Wallet in Telegram, bringing exposure to the South Korean chip supplier directly inside one of the world’s largest messaging platforms. Wallet in Telegram, the native crypto wallet built into Telegram’s interface, is offering access to
Polymarket is seeking regulatory approval to offer margin trading in the United States, a move that would allow users to take larger event-contract positions with less capital upfront and mark another step in the platform’s push back into the regulated U.S. market. Bloomberg reported that Polymarket is pursuing a license that would permit margin trading
Binance CEO Richard Teng said about 70% of European user withdrawals following the exchange’s MiCA-related exit moved to self-custodied wallets rather than regulated rival platforms, adding a new dimension to the debate over Europe’s landmark crypto framework. The figure, reported by Wu Blockchain and crypto-market outlets citing Teng, suggests that most affected users chose to
JPMorgan analysts say Bitcoin’s biggest long-term risk may not be Strategy’s massive holdings or near-term selling pressure, but the possibility that traditional finance builds its own private blockchains and captures the benefits of the technology without relying on public networks. In a July report, JPMorgan analysts led by Nikolaos Panigirtzoglou said the deeper structural threat
Hyperliquid Policy Center and Phantom have urged the Commodity Futures Trading Commission to clarify that publishing onchain protocol software should not, by itself, trigger registration as a derivatives exchange, clearinghouse, broker or swap dealer. In a joint comment letter filed July 9, the two organizations said the CFTC should draw a clearer line between neutral
Anthropic has appointed former Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust, adding one of the world’s best-known economists to the independent oversight body that helps hold the AI company to its public-benefit mission. The company announced the appointment on July 9, saying Bernanke will join the trust as its newest member. The