Core Insights - AlphaTON Capital Corp. (NASDAQ: ATON) is positioned as a unique public-market vehicle for exposure to Toncoin (TON) and the Telegram economy, trading at $1.06 per share with a market capitalization of $8.1 million, while holding 12.9 million TON on its balance sheet, leading to a Net Asset Value (NAV) of $20.1 million [2][3] Group 1 - ATON's current market valuation implies a 0.40x Market-to-Net Asset Value (mNAV) based on a $1.56 TON price, suggesting that the discount on its shares is unwarranted [2][3] - The company has pivoted to a DAT model, deploying over $30 million into TON, indicating strong confidence in its business strategy while maintaining a low debt-to-equity ratio of approximately 7% [4] - ATON is enhancing its role as a core infrastructure provider within Telegram's ecosystem, committing $82.5 million to develop a GPU-based AI-compute network, Cocoon AI, aimed at serving Telegram's over 1 billion monthly active users [5] Group 2 - The treasury accumulation in TON not only anchors ATON's balance sheet but also generates recurring income through treasury yield generation, while ecosystem developments add value through Telegram-native assets in various sectors [3][4] - ATON holds 1.68 TON per share, presenting an arbitrage opportunity for investors alongside a cash-flow-generative operating platform that benefits from Telegram's growth [6]

RT Timmy Shen (@timmyhmshen)India's antitrust watchdog has approved @coinbase 's minority stake in CoinDCX, giving the U.S. exchange a bigger foothold in one of the world's fastest-growing crypto markets.Read full story @TheBlock__ ...

Key Points Many major cryptocurrencies have faced heavy selling pressure during 2025. Dogecoin's main catalyst of hype-driven narratives make the token's movements incredibly unpredictable. XRP has legitimate potential to upend the financial services market in the long run. 10 stocks we like better than Dogecoin › With just a couple of weeks left in the calendar year, it's looking like 2025 will feature double-digit gains in the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) ...

Kraken-backed xStocks have launched on the TON blockchain, making tokenized versions of U.S. stocks and ETFs readily available inside the Telegram app through its built-in TON Wallet. The integration allows users to buy, hold, and transfer tokenized representations of equities such as Tesla, Nvidia, and the S&P 500 ETF without leaving the messaging app. “Embedding tokenized U.S. stocks into Telegram Wallet is a massive UX unlock,” Dan Dadybayo, research and strategy lead at Unstoppable Wallet, told Decryp ...

🇹🇼 JUST IN: Taiwan’s Ministry of Justice revealed it holds 210.45 $BTC in seized assets, per Legislator Ju-Chun Ko.The total value of seized virtual assets stands at NT$1.30B. https://t.co/KLKMJN0J9s ...

Core Insights - Privacy coins Canton and Midnight have outperformed the market, with Zcash and Monero also showing gains following the announcement by the Depository Trust & Clearing Corporation (DTCC) to issue tokenized securities on the Canton Network [1][2] - The overall cryptocurrency market experienced a slight dip due to negative U.S. employment data, but the news from DTCC acted as a catalyst for the rally in privacy coins [2] - DTCC, which handles $3.7 quadrillion in transactions annually, will begin minting U.S. Treasuries on Canton's blockchain in the first half of 2026, with plans to expand the project in subsequent years [3][4] Market Performance - Canton has gained 7% to $0.07615, while Midnight is up 2.5% to $0.06397 in the past 24 hours [1] - Zcash and Monero have increased by 2.9% and 1.5% respectively, with Zcash being integrated as the default privacy rail by DEX aggregator ShapeShift [1][4] - Zcash has risen over 650% since mid-September, while Monero is up 100% in the past year, contrasting with Bitcoin's 16% decline [5] Strategic Developments - DTCC will take a leadership role in Canton's decentralized governance and co-chair the Canton Foundation alongside Euroclear [4] - The launch of Canton and Midnight has positively impacted the privacy coin market, with Midnight up 170% since its launch on December 9 [6] - Digital Asset, the parent company of Canton, has secured strategic investments from major firms like BNY, Nasdaq, and S&P Global, and reported $135 million in total funding [6]

ARK Invest added a further $25.4 million of crypto stocks on Wednesday as the shares slid along with the price of major cryptocurrencies. Cathie Wood's investment management firm bought 360,232 shares in ether (ETH) treasury company Bitmine Immersion Technologies (BMNR), worth $10.6 million at the close. BMNR fell over 6.5% to $29.32 on Wednesday. ARK also added $8.85 million worth of shares of crypto exchange Bullish (BLSH) and $5.91 million worth of Coinbase (COIN). Bullish fell 1.93% to $42.15 and CO ...

Core Insights - A significant wave of closures and liquidations in crypto exchange-traded products (ETPs) is anticipated as early as 2026 due to an influx of new crypto-linked funds amid deteriorating market conditions [1][7] - Analysts indicate that technical indicators are signaling renewed downside risks for the broader cryptocurrency market [1][8] Group 1: Market Dynamics - James Seyffart from Bloomberg Intelligence predicts substantial liquidations among crypto ETPs in the next two years as competition intensifies, leading weaker products to struggle for viability [2][7] - Seyffart emphasizes that issuers are launching products at an unsustainable rate, with at least 126 crypto-related ETF filings currently in the pipeline [2][7] Group 2: Future Projections - Seyffart suggests that the number of new launches could sharply decline if market conditions worsen, estimating that around 100 launches would be feasible unless there is a 50% market drop [4] - Bitwise Asset Management forecasts that over 100 crypto-linked ETFs will launch in the U.S. by 2026, driven by upcoming regulatory changes from the SEC [5][7] Group 3: Historical Context - Historical data indicates that rapid expansion in the ETF market often precedes consolidation, with 622 ETFs closed globally in 2024, including 196 in the U.S. [5] - An additional 179 ETF closures were recorded in the first four months of 2025, highlighting ongoing challenges in the market [6]

COMMENT: Coinbase did not reveal the stake size, while CoinDCX earlier pointed to a valuation near $2.45 billion.BSCN (@BSCNews):COINBASE GETS INDIA GREENLIGHT FOR COINDCX STAKE- @Coinbase secured regulatory clearance in India to acquire a minority stake in @CoinDCX.- The Competition Commission of India approved the transaction, easing Coinbase’s expansion plans in a tightly regulated market.DEAL https://t.co/SWFpBXT2u5 ...

Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show. More than two months after the token hit a record high above $126,000, Bitcoin has fallen nearly 30% and is struggling to find support. One reason: long-time holders haven’t stopped selling. New blockchain data shows that coins held for years are being divested at some of the fastest rates in recent memory, just as the market’s ability to absorb them is fading. Most Read from Bloomberg According to a repor ...