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Crypto
Binance hints at new stock investment product, raising possibility of expanding tokenised securities
Binance has signalled it may launch a new stock investment-related product, drawing attention to the potential expansion of the tokenised stock market. A post featuring a “Haystack” image led some to read it as “Hay Stock” and speculate about a stock service. A research account suggested a combination involving Ondo Finance and Binance’s BStocks, though Binance has not disclosed details. Tokenised stock trading volumes have hit records.
Crypto
Altcoin market sees selective rally as liquidity and buzz outweigh long-term holding
Long-term holding is becoming less effective in the altcoin market, while liquidity and market attention are increasingly driving returns. A broad-based “altseason” in which the whole market rises together is losing force, with funds concentrating on newly issued assets and a handful of projects. On-chain analysis shows many coins and tokens remain in loss territory. Binance-listed assets have outperformed, and exchange listing policies and liquidity structures are increasingly shaping results.
Crypto
U.S. prediction market reshapes amid regulation, Kalshi takes 89 percent share
Kalshi, a federally regulated U.S. prediction market, has taken an estimated 89 percent share of trading volume, cementing its lead as the competitive landscape reshapes around regulatory status. Weekly market volume rose 4 percent, while Kalshi’s volume increased 6 percent, a Bank of America report showed. Polymarket held 7 percent and Crypto.com 4 percent, with Polymarket’s volume down 16 percent. Legal disputes and CFTC litigation could determine whether the market expands nationwide or fragments by state.