Citadel Securities Warns SEC Against Rushed Tokenized Securities Rollout
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Forbes
8 minutes ago
- Forbes
Bitcoin And Crypto Are Quietly Braced For A ‘Monstrous' BlackRock ETF Price Earthquake
Bitcoin and crypto prices have swung wildly over the last week after a $300 billion sell-off sparks fears of a crypto crash. Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price has lost almost 10% since hitting an all-time high of $123,000 per bitcoin, with analysts speculating a bitcoin price game-changer could have already quietly happened. Now, as fears swirl around the future of the U.S. dollar, Wall Street giant BlackRock could be poised to extend its bitcoin exchange-traded fund (ETF) lead over its rivals. Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run The U.S. Securities and Exchange Commission (SEC) last week authorized the use of in-kind creation and redemption mechanisms for bitcoin and crypto exchange-traded funds (ETFs). The long-awaited move is part of the SEC's overhaul of former SEC chair Gary Gensler's preference for crypto exchange-traded products to be cash only, which was perceived as a barrier to efficiency for institutional market makers. 'It's a new day at the SEC, and a key priority of my chairmanship is developing a fit-for-purpose regulatory framework for crypto asset markets,' SEC chair Paul Atkins said in a statement. 'The biggest takeaway is symbolic. It means there is a new sheriff in town,' Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, told the financial newswire. "Gensler's SEC did not want this to happen. This is the first of what will be several steps toward a more pro-crypto SEC.' BlackRock, the world's largest asset manager which runs the dominant spot bitcoin ETF with $85 billion in assets under management, filed a request in January to allow in-kind transactions. Others, including Fidelity and Ark Invest, followed suit. Alongside the authorization of in-kind crypto ETFs, the SEC has also approved a Nasdaq proposal to increase a position limit for options on BlackRock's IBIT to 250,000 contracts, up from 25,000, expected to "help bring in bigger institutions and be helpful during volatility,' Balchunas posted to X. Sign up now for CryptoCodex—A free newsletter for the crypto-curious While BlackRock's bitcoin fund is expected to benefit from the change, the second-largest bitcoin fund, run by Fidelity, could see its market share shrink, according to NYDIG's global head of research Greg Cipolaro. 'The change is likely to widen the monstrous lead that IBIT already has over the other players, while it hobbles [Fidelity's] position as the second-largest options player,' Cipolaro wrote in a report. 'As volatility declines, [bitcoin] becomes more investable for institutional portfolios seeking balanced risk exposure. This dynamic could reinforce spot demand. With risk-parity pioneer Ray Dalio recently advocating for a 15% portfolio allocation to gold and crypto in the face of ballooning government debt, the feedback loop of falling volatility leading to increased spot buying could become a powerful driver of sustained demand.'
Time Business News
2 hours ago
- Time Business News
Solo Waitlist: How to Earn Free Crypto Token Rewards 2025
The Solo Waitlist is the gateway to participating in Solo, a blockchain project designed to streamline decentralized applications and enhance user accessibility in the crypto space. By joining the Solo, users gain early access to the platform's features, including the opportunity to earn free crypto token rewards. The waitlist is a strategic move by Solo Cryptoto build a community of engaged users before its official launch, fostering trust and excitement. The pre-seed round included participation from top-tier crypto funds, known for backing successful blockchain projects. These Solo Crypto investors bring not only capital but also expertise and networks, enhancing Solo's growth potential. For example, funds with a focus on DeFi and infrastructure projects see Solo as a promising addition to the 2025 crypto ecosystem. This backing reassures waitlist participants that Solo is a legitimate project with the resources to deliver on its promises. 1. First go to official solo website to participate in waitlist.2. Then scroll down and select join waitlist.3. Now fill the google and submit with valid email. 4. Join our Telegram channel for upcoming updates. Solo Waitlist: How to Earn Free Crypto Token Rewards 2025 Earning free crypto token rewards through Solo in 2025 is straightforward but requires proactive participation. The Solo is designed to incentivize early adopters with token rewards, which can be earned through various activities. These may include engaging with the Solo community, completing specific tasks, or holding tokens for staking purposes. The exact mechanisms for earning rewards may vary, but the core idea is to reward users for their loyalty and contribution to the ecosystem. To start, you'll need to join the Solo Waitlist (more on that below). Once enrolled, you can participate in promotional campaigns, such as social media challenges or referral programs, which often distribute free crypto tokens. Additionally, Solo may offer airdrops—free token distributions—to waitlist members based on their activity or wallet eligibility. By staying active and informed, you can maximize your chances of earning Solo Token 2025 rewards. Solo tokenomics form the backbone of its economic model, governing how tokens are created, distributed, and utilized within the ecosystem. Understanding Solo tokenomics is crucial for assessing the project's long-term value and your potential earnings. According to Crypto Rank, Solo operates on a fixed supply model, with a portion of tokens allocated to waitlist participants, early investors, and the development team. The Solo token serves multiple purposes: it powers transactions, enables staking, and supports governance within the Solo ecosystem. A fixed supply ensures scarcity, which can drive value if demand increases. Additionally, Solo employs a vesting schedule for team and investor tokens, reducing the risk of market dumps and enhancing price stability. For waitlist participants, a percentage of tokens is reserved for airdrops and rewards, incentivizing early adoption. By grasping Solo tokenomics, you can make informed decisions about your participation and potential returns in 2025. Solo Waitlist: How to Earn Free Crypto Token Rewards 2025 Solo's credibility is bolstered by its successful funding rounds and reputable investors. According to Crypto Rank, Solo raised $1.2 million in a pre-seed round, attracting attention from prominent venture capital funds and angel investors in the crypto space. This Solo funding demonstrates confidence in the project's vision and technical capabilities. The Solo Waitlist offers exclusive benefits, such as priority access to token airdrops, early staking opportunities, and participation in governance decisions. In a competitive crypto market, being an early participant can position you for significant rewards as the project grows. With the crypto ecosystem evolving rapidly in 2025, projects like Solo are leveraging waitlists to attract dedicated users, making now the perfect time to get involved. By aligning with credible investors, Solo Waitlist builds trust and positions itself as a competitive player in the blockchain space. For waitlist members, this means a higher likelihood of receiving valuable free crypto token rewards as the project matures. The Solo Waitlist presents a unique opportunity to earn free crypto token rewards in 2025, backed by a promising project with strong funding and investor support. By understanding Solo tokenomics, joining the waitlist early, and following best practices, you can maximize your earnings while minimizing risks. As the Crypto Waitlist 2025 trend grows, Solo Crypto stands out as a leader in the evolving blockchain ecosystem. Take the first step today by joining the Solo Waitlist and positioning yourself for success in the exciting world of crypto rewards. Bookmark HyperDAF Airdrops for more potential Airdrops to maximize your earnings with verified airdrops. Remember to follow us on Twitter (X), Telegram, and Facebook to receive upcoming airdrops and news updates on time. TIME BUSINESS NEWS
Associated Press
3 hours ago
- Associated Press
MEXC Lists Cycle Network (CYC) with $100,000 in CYC and 15,000 USDT Prize Pool Event
VICTORIA, Seychelles, Aug. 04, 2025 (GLOBE NEWSWIRE) -- MEXC, a leading global cryptocurrency exchange, today announced it will list Cycle Network (CYC) on August 4 at 12:00 (UTC). To celebrate this milestone, MEXC is launching an Airdrop+ event featuring $100,000 in CYC tokens and 15,000 USDT in prizes. About Cycle Network Cycle Network represents a significant advancement in cross-chain infrastructure, operating as a bridge-less liquidity aggregation protocol that supports all major Layer 1, Layer 2, EVM, and non-EVM blockchains. The protocol addresses liquidity fragmentation through innovative chain abstraction and ZK-Rollup technology, enabling secure and efficient cross-chain communication while enhancing user experience across DeFi, institutional asset management, and cross-chain trading of real-world assets. The CYC token serves as the native utility token within the ecosystem, facilitating platform payments, transaction fees, and SDK usage. It also powers liquidity incentives through mining rewards and yield optimization, while supporting network security through validator rewards and staking mechanisms integrated with the Symbiotic protocol. Event Highlights The Airdrop+ event runs from Aug 4, 2025, 08:00 (UTC) – Aug 14, 2025, 08:00 (UTC) and includes the following benefits: Benefit 1: Deposit and share $80,000 in CYC (New user exclusive) Benefit 2: Futures Challenge - Trade to share 15,000 USDT in Futures bonus (New user exclusive) Benefit 3: Spot Challenge - Trade to share $10,000 in CYC (For all users) Benefit 4: Invite new users and share $10,000 in CYC (For all users) The launch of Cycle Network represents another valuable addition to MEXC's trading assets, while demonstrating the exchange's unwavering commitment to helping users access the most promising innovative projects at the earliest opportunity. This user-focused approach has driven exceptional growth, with TokenInsight's Q2 2025 Crypto Exchange Report showing MEXC posted the largest spot market share increase among major exchanges, rising 2.4% quarter-over-quarter from 7.2% to 9.6%. Additionally, MEXC leverages its extensive selection of over 3,000 listed tokens, daily airdrop benefits, competitive trading fees, industry-leading liquidity depth, and robust security infrastructure to provide users with a secure and efficient trading environment. Moving forward, MEXC will continue to strengthen product and service innovation, creating greater value for users in the ever-evolving cryptocurrency market. For full event details and participation rules, please visit here. About MEXC Founded in 2018, MEXC is committed to being 'Your Easiest Way to Crypto.' Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website ｜ X ｜ Telegram ｜ How to Sign Up on MEXC Risk Disclaimer: The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions. A photo accompanying this announcement is available at For media inquiries, please contact MEXC PR team: [email protected]
