20 May 2025, 15:46

Robinhood proposes national framework for tokenized real-world assets in SEC filing

Cryptocurrency and stock trading platform Robinhood has proposed a framework that aims to bring real-world asset tokenization into the US financial mainstream by establishing a unified federal regulatory structure. The California-headquartered firm has submitted a proposal outlining a new regulatory framework and plans to launch a dedicated platform for trading tokenized real-world assets. By pushing for legal clarity now, Robinhood hopes to set the stage for a compliant, scalable platform that could handle trillions in on-chain assets, all while creating new revenue models far beyond its retail roots. A unified framework Its 42-page submission to the US Securities and Exchange Commission (SEC) proposes a regulatory framework for tokenized assets, detailing how on-chain tokenization markets could operate within existing securities laws. One of the key pillars of the proposal is token-asset equivalence. Under Robinhood’s framework, a token representing a US Treasury bond would be treated as the bond itself, not a separate product or derivative. If implemented, it would allow broker-dealers and asset managers to operate in tokenized markets without needing new licences or legal workarounds, making it easier to manage custody, trading, and settlement using the same systems they already rely on. Robinhood wants to eliminate the current patchwork of state-by-state compliance by introducing a national framework that lets broker-dealers operate under existing securities laws, even when the assets are on-chain. That would allow institutions to trade, custody, and settle tokenized assets using the same guardrails they are already familiar with and trust. Robinhood will launch a tokenization market A national framework would also pave the way for Robinhood to launch its own infrastructure. The firm has outlined plans for the Real World Asset Exchange, a platform built to pair fast off-chain trade matching with transparent on-chain settlement. According to the proposal, RRE will be built on a dual-chain architecture leveraging the Solana and Base blockchains, and would reportedly offer sub-10 microsecond latency and support up to 30,000 transactions per second. If that holds up in the real world, it could collapse the current T+2 settlement cycle into near-instant T+0 finality, cutting trading costs by an estimated 30% a year. To stay compliant, the platform would bake in KYC and AML checks through integrations with Jumio and Chainalysis. Supporters of the proposed framework, such as Quantum Economics founder Mati Greenspan, believe it could help bring “trillions of dollars in assets on-chain.” “If the SEC embraces this, it’s a signal to the world that tokenization has a legitimate seat at the traditional finance table,” he added. Tokenization market is booming The market for real-world asset tokenization is rapidly gaining traction , with the market projected to reach $50 billion by the end of 2025, according to recent industry estimates. Robinhood is just one of the many players that are making early moves. Major institutions have already begun staking their claim in the space. On April 30, BlackRock filed with the SEC to create a tokenized share class for its $150 billion Treasury Trust Fund, aiming to mirror ownership records on a blockchain. That same day, Libre unveiled a $500 million Telegram Bond Fund on the TON blockchain, offering tokenized exposure to the messaging platform’s corporate debt. Days later, MultiBank Group announced a $3 billion agreement with UAE-based developer MAG to tokenize premium real estate assets on a regulated blockchain marketplace. The post Robinhood proposes national framework for tokenized real-world assets in SEC filing appeared first on Invezz

20 May 2025, 15:44

Analyst Sets Breakout Levels as XRP Maintains Strong Momentum

XRP continues to demonstrate resilience in the face of broader market fluctuations, holding firm as bullish sentiment gathers strength. Prominent technical analyst EGRAG Crypto has reaffirmed this outlook, highlighting two key resistance levels—$2.61 and $2.65—as pivotal for XRP’s next major move. His recent post on X underscores growing optimism that the digital asset is gearing up for a potential breakout, provided it can decisively clear these price thresholds. Key Levels Signal Potential Upsurge EGRAG Crypto, known for its technical precision and long-standing bullish stance on XRP, pointed out that the digital currency’s price structure continues to support a bullish scenario. According to his analysis, the resistance zone between $2.61 and $2.65 is not just a psychological barrier but a technically significant range that, once breached, could catalyze the next major rally. #XRP – Still Holding Strong! : The momentum is there, and the key upward targets remain $2.61 and $2.65! These levels are crucial resistance points to watch — breaking above them could pave the way for a new rally. #XRPFamily STAY STEADY AND STRONG, Together We Rise.… https://t.co/QalFZ5ohtN pic.twitter.com/3QpyT4CYBY — EGRAG CRYPTO (@egragcrypto) May 20, 2025 These levels are derived from Fibonacci extensions and historical price action, both of which suggest that XRP has tested similar zones in previous bullish cycles. A successful close above this range would signal that bullish momentum is firmly in control, potentially opening the door for a sustained move higher. Market Context: XRP Amid Broader Crypto Dynamics XRP’s current position in the market is shaped by a confluence of technical strength and improving fundamentals. The asset has managed to hold its ground during periods of market uncertainty, buoyed in part by Ripple’s expanding business operations and legal clarity following key courtroom victories against the U.S. Securities and Exchange Commission (SEC). These victories have not only reinforced investor confidence but also reintroduced XRP to U.S.-based trading platforms, restoring access to a broader pool of liquidity. The potential for a new leg up in XRP’s price aligns with growing institutional interest and the increasing deployment of Ripple’s blockchain-based payment solutions. With increasing adoption of Ripple’s stablecoin, RLUSD, the ecosystem around XRP is being further enriched, strengthening its use cases in cross-border finance and digital liquidity provision. Technical Indicators Supporting the Bullish Thesis From a technical standpoint, XRP’s price action remains above critical moving averages, indicating sustained upward pressure. Volume patterns have also been favorable, showing accumulation rather than distribution—a bullish signal in most trading models. Furthermore, oscillators such as the Relative Strength Index (RSI) and MACD remain in supportive territory, suggesting that the asset has room to advance before becoming overbought. EGRAG’s identification of $2.61 and $2.65 as major resistance levels aligns with these broader signals. Once those barriers are surpassed, XRP could accelerate toward new local highs, possibly retesting the $3.00 region—a price last seen during the 2017 bull run. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Investor Sentiment: Patience and Anticipation While short-term traders remain focused on breaking the immediate resistance zones, long-term XRP holders view the current consolidation as a period of healthy accumulation. The community has shown remarkable patience amid regulatory battles and prolonged consolidation phases, and sentiment appears to be shifting toward cautious optimism. The narrative surrounding XRP is increasingly one of strategic positioning. As regulatory clarity grows and Ripple continues to secure institutional partnerships across the globe, many analysts believe that XRP is better positioned now than it has been in years to fulfill its early promise as a bridge currency for global payments. Outlook: On the Cusp of a New Chapter? The next few weeks could prove decisive for XRP’s price trajectory. A confirmed breakout above the $2.61–$2.65 resistance range would mark a significant technical achievement and could ignite renewed interest from both retail and institutional traders. In the meantime, XRP’s ability to “hold strong,” as EGRAG Crypto puts it, reinforces the case for bullish continuation. If momentum persists and resistance levels are cleared, XRP could be on the brink of re-entering price discovery mode—a scenario that would not only validate years of community conviction but also affirm its standing in the next wave of crypto adoption. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Sets Breakout Levels as XRP Maintains Strong Momentum appeared first on Times Tabloid .

20 May 2025, 15:35

Cryptocurrencies Are Going Mainstream, On Wall Street And In Washington

Summary Bitcoin and crypto are becoming increasingly integrated into Wall Street and Washington. The global crypto market skyrocketed from a $4 billion to $3.5 trillion market cap over the past decade. Pro-crypto policies are increasingly in favor in Washington, but volatility and consumer protections remain concerns. By James Picerno When bitcoin was launched 16 years ago, few, if any, observers anticipated that the world’s original cryptocurrency would usher in a digital asset revolution that would become deeply woven into the existing financial system. Crypto, after all, was designed to be a revolution against the status quo. But in 2025, digital currencies increasingly look like a part of the establishment rather than the idealistic libertarian crusade initially envisioned. The original motivation for crypto was that it would reinvent, if not subvert, traditional finance, while providing individuals with an off-the-grid alternative to the conventional monetary ecosystem. But as recent events remind, crypto continues to go mainstream and is becoming ever more integrated into Wall Street and Washington. Surprising? Maybe not, when you consider that there’s more money to be made in established world of finance vs. the radical fringe. Yet, the evolution of crypto can be bewildering when you consider that there are still few legal uses for bitcoin (and its growing list of competitors) as a currency beyond speculation. So far, however, that hasn’t slowed the rise of crypto as a widely held asset. A big winner is the underlying plumbing - the blockchain system that enables crypto transactions. This distributed, decentralized computer network for transactions is finding wider adoption across the financial industry, which in turn is helping spawn demand for all things crypto. The overall growth has been nothing less than astonishing. A decade the global market value of crypto currencies was less than $4 billion, according to CoinGecko . The dollar value has since surged to nearly $3.5 trillion - an increase of nearly 87,000%! By comparison, the US stock market (S&P 500 Index ( SPX )) has increased 216% over past ten years. The latest milestone for crypto’s evolution as a mainstream industry: shares of Coinbase ( COIN ), a US-based cryptocurrency exchange, were added to the S&P 500 Index last week. In a sign of the times, Coinbase replaced Discover Financial Services, a conventional bank and credit card firm that’s being acquired by Capital One Financial Corp. ( COF ). Joining the S&P 500 is more than a decision on a whim by the S&P Dow Jones Indices committee, which oversees the stock market index. The S&P requires that a company clear several hurdles, including posting a profit in its latest quarterly update and maintaining a market capitalization of at least $10 billion. On the Nasdaq stock exchange, DeFi Technologies ( DEFT ) recently started trading. The company, which a few years ago was considered a long-shot financial disrupter, has evolved into a major player in crypto finance. Another corner of crypto that’s rapidly finding adoption by the mainstream is the so-called stablecoin market, which is shorthand for digital tokens backed by conventional assets, such as Tether, which has a market capitalization of more than $151 billion, according to CoinMarketCap.com. As products that connect cryptocurrencies with traditional currencies, such as the US dollar, stablecoins seek to maintain a steady value and facilitate conventional financial transactions. Mastercard ( MA ) - one of the major credit card firms - recently said it will allow companies and individuals to make and receive payments in stablecoin accounts. Earlier this year, Stripe ( STRIP ) - a payments platform - bought Bridge, a stablecoin platform. The acquisition is widely seen as a sign that the stablecoin market, after years of growth, is on track for wider use in the financial system. By one estimate, the total value of transactions in stablecoins in 2024 was comparable to Visa’s ( V ), another leading firm in the credit card industry. Meanwhile, Washington has become a center of crypto enthusiasm with the arrival of the Trump administration. In addition to the President’s launch of a meme coin this year, along with his sons’ promotion of various crypto ventures, the US federal regulatory environment for digital assets has become much friendlier in 2025. In contrast with the Biden administration’s aggressive (some would say hostile) approach to overseeing the industry, the White House this year has appointed pro-crypto regulators, such as Paul Atkins, who heads the Securities and Exchange Commission and previously was co-chairman of Token Alliance, an advocacy group for the crypto industry. Wall Street hasn’t been shy about cashing in on crypto. There are now nearly 40 ETFs targeting various niches, including bitcoin and ether as well as trading strategies focused on the assets. The largest crypto ETF is iShares Bitcoin Trust ( IBIT ). Launched in January 2024, the fund currently has more than $65 billion in assets. Since inception, IBIT’s price has more than doubled, far ahead of the S&P 500’s roughly 25% increase over that span, based on the SPDR S&P 500 ETF ( SPY ). With so much going right for the crypto industry, what could go wrong? Several familiar risks continue to lurk, including high market volatility for the likes of bitcoin and the rise of crypto-related cybercrime and scams. A more fundamental challenge for the longer run is developing consumer protections on par with traditional financial assets. Although the regulatory outlook has turned friendly in Washington for crypto, legislation remains a work in progress. The latest step toward wider adoption of crypto arrived on Monday, when the US Senate advanced the GENUIS Act bill, the first major crypto regulatory reform for the stablecoins. Critics charge that the legislation will give Big Tech firms, such as Amazon ( AMZN ), Meta ( META ), Google ( GOOG , GOOGL ) and Apple ( AAPL ), a relatively free hand to operate their own stablecoins. But while debate rolls on about what constitutes consumer-friendly regulation, there’s a near-consensus that with or without approval of the GENUIS Act, time favors the business opportunities for crypto. Or so it appears, based on investor sentiment for the business outlook. The Bitwise Crypto Industry Innovators ETF ( BITQ ), which holds a portfolio of companies operating in the crypto economy, is outperforming the US stock market by a wide margin over the past year with a 56% rally vs. 24% for the SPDR S&P 500 ETF ((SPY)). A key question is how much of crypto’s fortunes rely on the political success and influence of Republicans? To the extent that there’s bipartisan support in Washington for crypto regulation, the odds will look more favorable for expecting that crypto’s mainstream adoption and integration into the wider economy will flourish beyond the next election cycle. Original Source: The Milwaukee Company

20 May 2025, 15:32

Bitcoin Price Analysis: BTC Dips Below $105,000 As Momentum Continues To Lag

Bitcoin (BTC) extended its losses during the ongoing session, dropping below the $105,000 level as selling pressure at higher levels kept bullish momentum at bay. The flagship cryptocurrency plunged to a low of $102,145 on Monday as it started the week in the red before rebounding to reclaim $105,000 and settle at $105,573. Despite the decline, BTC remains up by over 2% over the past 24 hours, trading around $104,700. Australia Court Ruling Could Lead To $640M In BTC Tax Refunds A court ruling in Australia could see as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions. The judge ruled that crypto should be treated as money rather than a taxable asset. According to reports, the decision came during a hearing for a criminal case involving federal police officer William Wheatley, who allegedly stole over 80 Bitcoin in 2019. Judge Michael O’Connell ruled that Bitcoin qualifies as a form of money rather than property, linking the asset to Australian Dollars instead of shares, gold, or foreign currency. Judge O’Connell’s interpretation could set a legal precedent, potentially putting Bitcoin outside the purview of Australia’s CGT regime. Tax lawyer Adrian Cartland stated that the verdict upends the Australian Taxation Office’s (ATO) current position on crypto assets. The ATO has classified Bitcoin and other crypto assets as CGT assets. This meant holders had to pay tax when trading or selling the assets. The ATO stated that selling or exchanging Bitcoin for any other crypto or using it to purchase goods and services was a CGT event. Cartland stated, “That is, it is not a CGT asset. Therefore, acquisitions and disposals of Bitcoin have no tax consequences.” JPMorgan CEO Says Bank Will Allow Clients To Buy Bitcoin JPMorgan CEO Jamie Dimon, a longtime crypto skeptic, has said that the bank will allow its clients to purchase Bitcoin. Dimon announced the move during a speech at the bank’s annual investor day on May 19. “We are going to allow you to buy it. We’re not going to custody it. We’re going to put it in statements for clients.” The decision to allow customers to purchase Bitcoin is significant, given Dimon’s views on the flagship cryptocurrency and the broader crypto market. Dimon had called Bitcoin worthless in 2021, and reiterated his stance in 2023 during a Senate hearing and again in 2024 at the World Economic Forum. The JPMorgan CEO had stated that he has always been opposed to Bitcoin and crypto, noting that the only true use case of cryptocurrencies for criminals, money laundering, and tax evasion. While the JPMorgan CEO has maintained a negative view of crypto and BTC , the broader banking and financial system has embraced them, with institutions like BlackRock and Morgan Stanley tapping into the crypto ecosystem for their clients. Bitcoin (BTC) Price Analysis Bitcoin (BTC) remains stuck under $105,000 as it extended its losses during the ongoing session. The flagship cryptocurrency started the week with a drop to $102,045 as selling pressure intensified. However, it recouped some losses, rising to reclaim $105,000 and settle at $105,573. Analysts believe that despite BTC’s less-than-impressive start to the week, the overall sentiment around the asset was bullish. “The break above key support levels and targeting of the resistance zone near $107,500 suggest a strong potential for a new all-time high, driven by healthier market dynamics rather than speculative excess. Institutional interest remains a key catalyst, as evidenced by JPMorgan’s recent announcement to offer Bitcoin access via spot ETFs, a significant endorsement from a major traditional finance player following Morgan Stanley’s similar moves.” Meanwhile, spot Bitcoin ETFs registered their best day of trading since the beginning of May as smaller funds registered healthy inflows. According to data from SoSoValue, Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw inflows worth $188 million in 24 hours, while ARK 21Shares registered inflows of $155 million. The two funds accounted for half the funds invested across all Bitcoin ETFs on Monday. Bitcoin ETFs registered total inflows of $667 million as BTC maintained its position above $100,000. Vikram Subburaj, CEO of Giottus Crypto Platform, stated, “Bitcoin faces strong resistance at $107,000 and must remain above $105,000 to break through this level. Spot ETF inflows continue to boost the asset, with $360 million recorded yesterday. If this move sustains a new high ($110,000) is likely this month where open interest among derivatives is concentrated.” BTC started the previous weekend on a positive note, rising nearly 2% on Saturday and settling at $104,617. However, it lost momentum on Sunday, dropping almost 1% to $103,802. BTC encountered volatility on Monday as buyers and sellers struggled to establish control. Sellers ultimately gained the upper hand as the price registered a drop of 1.04% and settled at $102,728. BTC rebounded on Tuesday, rising 1.36% to reclaim $104,000 and settle at $104,123, but fell back on Wednesday, registering a marginal decline and settling at $103,568. The price plunged to an intraday low of $101,458 on Thursday as selling pressure intensified. However, it recovered from this level to register a marginal increase and settle at $103,816. Source: TradingView Price action was back in bearish territory on Friday, registering a marginal decline. BTC continued to drop on Saturday, falling 0.30% and settling at $103,235. The price rebounded on Sunday as bullish sentiment returned, rising over 3% to cross $106,000 and settle at $106,479. BTC lost momentum on Sunday as selling pressure returned, falling to a low of $102,145 before settling at $105,573, ultimately registering a marginal decline. The current session sees BTC down nearly 1% as it struggles to build momentum and reclaim $105,000. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

20 May 2025, 15:31

Meeting Crisis Between Bitcoin Supporter Lummis and Ripple CEO Brad Garlinghouse! "Is It Because of XRP Criticism?"

Ripple, which won its legal battle with the SEC, is trying to keep its ties to the Donald Trump administration tight. At this point, Ripple CEO Brad Garlinghouse was scheduled to meet with Bitcoin supporter Senator Cynthia Lummis, one of the names close to Trump. However, this meeting was cancelled by Lummis. Ripple CEO announced that he canceled the appointment given to him by US Senator Lummis. Ripple CEO stated that it was not clear why the meeting was canceled and that a new meeting date was not given. Gralinghouse expressed disappointment and urged the U.S. senator to reconsider his decision, adding that he was always open to discussions. “I’m heading to Washington to advocate for sensible, pro-crypto legislation around stablecoins and market structure, and I’m very encouraged to see our elected officials looking at crypto the way it should be: as a multi-chain industry. However, Senator Lummis, Chairman of the Digital Assets Subcommittee, cancelled a meeting with me and was not rescheduled. As a leader in Congress and a Senator from one of the crypto-friendly states, I hope you will reconsider and become a leader for the ENTIRE crypto industry. “I invite you to join an X Space anytime to talk about ways to make the US the crypto capital of the world, as is the Trump Administration's goal. I will continue to do everything I can to support this goal.” Heading to DC to champion sensible pro-crypto legislation around stablecoins and market structure, and I’m very encouraged to see our elected officials look at crypto as it should be – a multichain industry. That said, @SenLummis , as Chair of the Digital Assets Subcommittee,… — Brad Garlinghouse (@bgarlinghouse) May 19, 2025 Is Lummis' Son-in-law's XRP Shares the Reason for Cancellation? Following the Ripple CEO’s post, Cowboy Crypto, an XRP community figure, drew attention to Senator Lummis’ son-in-law Will Cole’s posts about XRP. Cole reshared some of Catholic Bitcoin CEO Pierre Rochard’s harsh criticism of Garlinghouse and XRP. “This may be why Lummis doesn’t want to meet with you,” Cowboy Crypto wrote, writing that Cole works as an executive at a Bitcoin payments company. Garlinghouse responded to the post by saying, “Thanks for this information. It's definitely enlightening that Will Cole is related to Lummis. I understand that things happen in a senator's day that force them to reschedule, but it's really disturbing to hear a congressional staffer say “can't reschedule” (even though we haven't had the chance to meet with him in person for the last 6 years). We are an American company that aims to grow the crypto economy in the US for the benefit of all Americans. I really wonder if Senator Lummis or someone on his team made this decision.” Thanks for this info. Certainly enlightening that Will Cole is related to Sen Lummis. I understand that things happen in a Senator’s day that force their schedules to change, but for a Congressional staff to say "unable to reschedule” is really troubling (when we've been unable… — Brad Garlinghouse (@bgarlinghouse) May 19, 2025 *This is not investment advice. Continue Reading: Meeting Crisis Between Bitcoin Supporter Lummis and Ripple CEO Brad Garlinghouse! "Is It Because of XRP Criticism?"

20 May 2025, 15:29

Why The Dollar Must Fall: Two Charts You Need To See

A few weeks back, I wrote about how disastrous U.S. tariffs would be. The market melted down, Treasury bonds wobbled, and disaster seemed imminent.