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Kraken-Backed xStocks Has Gone Live on TON Blockchain
Yahoo Finance· 2025-12-18 14:57
Kraken exchange announced that xStocks, the gold standard for tokenized equities, has launched on TON , the open network linked to Telegram. This means that users of the social media platform will have access to tokenized versions of US stocks and Exchange Traded Funds (ETFs) through the app’s wallet. No Broker Account, No Complex Onboarding With xStocks With xStocks now live on the TON network, users have exposure to permissionless, onchain U.S. equity. As a result of this integration, users can buy, ...
Bitcoin treasury firm KindlyMD puts share buyback program in place
Yahoo Finance· 2025-12-18 14:56
KindlyMD (NAKA), whose share price has undergone a drastic collapse since its SPAC merger with Nakamoto Holdings, has been given the go-ahead by its board for stock buybacks. This feature is a part of CoinDesk's Most Influential 2025 list. "This share repurchase program reflects our confidence in the long-term value of the Company and adds an important degree of flexibility to our capital allocation framework," said CEO David Bailey in a press release. No details pertaining to the timing or amount of do ...
SoFi Launches New SoFiUSD Stablecoin, Retail Rollout Coming Soon
Investors· 2025-12-18 14:37
Group 1 - SoFi Technologies is expanding its cryptocurrency offerings with the launch of SoFiUSD, a fully reserved U.S. dollar stablecoin, issued by SoFi Bank, N.A. This stablecoin is backed 1:1 by cash for immediate redemption capability [4]. - Carvana, Comfort Systems, and CRH are set to join the S&P 500 index, leading to a significant increase in their stock prices [4][5]. - SoFi's stock experienced a decline following news of a $1.5 billion public offering, despite the company reporting earnings and revenue beats amid record member additions [7]. Group 2 - The stock market has stepped back from all-time highs, but IBD 50 stocks, including AppLovin, continue to perform well [9]. - The CPI inflation data has shown a cooling trend, surprising Wall Street and contributing to a rally in the S&P 500 [6]. - Data centers are experiencing growth, although there is a backlash regarding electricity rates associated with this expansion [6].
Kraken-Backed xStocks Launch on TON, Bringing Tokenized US Stocks to Telegram
Yahoo Finance· 2025-12-18 14:14
Kraken-backed xStocks have gone live on the TON blockchain, allowing users to access tokenized versions of US stocks and exchange-traded funds directly inside Telegram through its built-in TON Wallet. Key Takeaways: xStocks bring tokenized US stocks and ETFs directly into Telegram via TON Wallet. The tokens offer onchain price exposure without share ownership and are restricted by jurisdiction. The launch tests whether mass distribution can drive adoption of tokenized equities. The move brings to ...
House of Doge Issues 2025 Shareholder Letter Highlighting Brag House NASDAQ Merger, Treasury Expansion, Diversified Revenue Strategy, and Payments Ecosystem Development
Globenewswire· 2025-12-18 14:02
Core Insights - House of Doge Inc. has made significant foundational progress in 2025, positioning itself for focused execution in 2026 [1][6][12] Company Developments - The company signed a definitive merger agreement with Brag House Holdings, Inc. (NASDAQ: TBH), with closing expected in Q1 2026 pending regulatory approval [2][7][8] - Established the Official Dogecoin Treasury, scaling to over 730 million Dogecoin (DOGE), positioning House of Doge among the largest institutional managers of Dogecoin globally [8][9] - Expanded regulated institutional and retail access to Dogecoin through a partnership with 21Shares, including ETP and ETF products in Europe and the United States [8][9] Revenue Strategy - Developed a diversified commercialization model across treasury-related participation, management fees, payments infrastructure, licensing, brand partnerships, and sports-based commerce [8][12] - Planned B2B and B2C payment solutions, including a rewards debit card expected to begin rollout in Q1 2026, aimed at driving consumer and merchant adoption of Dogecoin [10][12] Strategic Investments - Became the largest shareholder of U.S. Triestina Calcio 1918 and a major investor in Switzerland's HC Sierre, leveraging these investments for real-world visibility and engagement for Dogecoin [11][12] Future Outlook - The company aims to transition core initiatives into scalable products and initial cash-generating operations in 2026, supported by a strengthened operating foundation and long-term capital partners [12][15] - Focus on executing a multi-pillar revenue strategy that includes payments, treasury, tokenization, and other commercialization opportunities leveraging Dogecoin's reach [15]
Bitcoin ETFs Notch $457M Haul, Third-Largest Since October
Yahoo Finance· 2025-12-18 14:01
Investors continue to allocate capital to U.S. spot Bitcoin exchange-traded funds, prioritizing the asset even as broader crypto market sentiment oscillates between caution and bearishness. Bitcoin ETFs attracted net inflows of $457 million on Thursday, marking the third-largest single-day inflow since October 8—trailing only the $523.98 million seen on November 11 and the $477.19 million on October 21, according to SoSoValue data. The major contributors to Thursday’s net inflow were BlackRock’s IBIT wi ...
Breaking: U.S. CPI Inflation Falls To 2.7% YoY, Bitcoin Price Climbs
Yahoo Finance· 2025-12-18 13:51
The CPI data release was bullish for BTC — Source: CoinGape U.S. CPI inflation fell to 2.7% in November, way below expectations of 3%. The core CPI also fell to 2.6%, below expectations of 3%. Bitcoin sharply broke above $88,000 on the back of this development. The U.S. CPI inflation came in well below expectations, providing a bullish outlook for Bitcoin and the broader crypto market. BTC sharply reacted to the data release, which could pave the way for more rate cuts from the Federal Reserve. ...
Nasdaq-listed firm moves toward $1B XRP exposure
Yahoo Finance· 2025-12-18 13:25
A Nasdaq-listed company is setting up a way for investors to gain exposure to nearly $1 billion worth of XRP, without actually buying the cryptocurrency itself. On Dec. 18, VivoPower said its digital asset unit, Vivo Federation, was engaged by South Korea–based asset manager Lean Ventures to source an initial $300 million worth of Ripple Labs equity. Based on current XRP prices, VivoPower estimates this could translate into exposure linked to roughly 450 million XRP tokens, valued at about $900 million. ...
Can Coinbase’s White Label Stablecoin Solution Compete With Paxos?
Yahoo Finance· 2025-12-18 12:47
Core Insights - Coinbase has launched a new service allowing clients to create custom-branded stablecoins, directly competing with Paxos in the white-label stablecoin market [1][5][7] Group 1: Coinbase's New Offering - The new stablecoin solution is not initially targeted at enterprise-level clients, focusing instead on smaller fintech companies like Flipcash, Solflare, and R2 [5] - Coinbase's historical partnership with Circle for USDC positions it well in the stablecoin distribution market [6] Group 2: Competitive Landscape - Paxos previously partnered with Binance to create BUSD, which became a significant player in the stablecoin market before being phased out [3] - Paxos has since secured a partnership with PayPal, leveraging its trust charter to enhance credibility [3][4] Group 3: Regulatory Environment - The passage of the GENIUS Act has shifted stablecoin oversight from New York to federal authorities, potentially benefiting Coinbase due to its established regulatory framework and presence in Washington [8]
HIVE’s Frank Holmes says money printing will make Bitcoin ‘more valuable’
Yahoo Finance· 2025-12-18 12:45
Core Insights - The macro environment for Bitcoin is improving in 2025, despite ongoing market struggles for the asset [1] - Consumer interest in digital assets is increasing, with regulatory clarity advancing in Washington [1] - A survey indicates that one in four Americans plan to use cryptocurrency for holiday gifts, yet Bitcoin's price remains under pressure [2] Economic Context - Global debt has reached three times the global GDP, amounting to 340 trillion dollars, which is expected to increase due to ongoing money printing [3] - The reliance on modern monetary theory (MMT) is contributing to the perception of Bitcoin as a valuable asset [3] Gold and Stablecoins - Central banks have historically favored gold over Bitcoin, continuing to accumulate gold while largely avoiding cryptocurrencies [4] - The shift away from dollar-denominated trade by major global powers, particularly through initiatives like China's support for BRICS nations, is noteworthy [4] - Tether stablecoin is a significant player in the market, owning more government securities than Germany, and is facilitating the adoption of Bitcoin in various regions [5] Demand Dynamics - A widening financial divide is evident, with individuals in emerging markets selling U.S. securities while others seek exposure to dollars and stablecoins due to government mistrust [6]