Ethereum gained between 97% and 147% after ETH price flipped the 50-week MA into support. A similar scenario is unfolding this week. Ether (ETH) climbed 7% in the past day, reclaiming its 50-week moving average (MA) near $3,300, an occurrence that has historically preceded strong price rallies. Key takeaways: Ethereum may have found a floor around $2,800, signaling a local bottom. Read more
Japan plans to move crypto regulation from payments law to securities rules, tightening disclosures for IEOs and cracking down on unregistered platforms. Japan’s financial regulators are preparing to move crypto asset oversight out of the country’s payments regime and into a framework designed for investment and securities markets. The Financial Services Agency (FSA) on Wednesday released a comprehensive report from the Financial System Council’s Working Group on the regulatory status of cryptocurrencies across multiple sectors. The document outlines a plan to shift the legal basis for crypto regulation from the Payment Services Act (PSA) to the Financial Instruments and Exchange Act (FIEA), which is the primary law regulating securities markets, issuance, trading and disclosures. Read more
Superstate’s Direct Issuance Programs let SEC-registered companies raise capital on Ethereum and Solana, taking stablecoin payments and issuing tokenized shares instantly. Financial technology firm Superstate has rolled out a new way for US Securities and Exchange Commission (SEC)-registered public companies to raise capital directly onchain. Through its Direct Issuance Programs (DIPs), any issuer registered with the SEC can now offer new shares on Ethereum and Solana, with investors paying in stablecoins and receiving tokenized shares instantly at real‑time market prices, according to a Wednesday announcement from Superstate shared with Cointelegraph. Jim Hiltner, co-founder and head of business development at Superstate, told Cointelegraph, “The regulatory ability to directly issue registered shares isn’t new. What is new is that issuers can now conduct these offerings onchain, which changes what’s possible operationally and economically.” Read more
Vitalik Buterin downplayed Ethereum’s recent brush with finality loss, saying temporary delays are fine if the wrong block is not finalized, and experts mostly agree. Ethereum can afford to lose finality from time to time without putting the network at serious risk, according to co-founder Vitalik Buterin, even after a recent client bug came close to disrupting the blockchain’s confirmation mechanism. Following a recent bug in the Prysm Ethereum client, Buterin said in an X post that there is “nothing wrong with losing finalization once in a while.” He added that finalization indicates the network is “really sure” a block will not be reverted. Buterin argued that if finality is occasionally delayed for hours due to a major bug, “that’s fine,” and the blockchain keeps working while that happens. The real issue would be something else, he said: “The thing to avoid is finalizing the wrong thing.” Read more
Mubadala Capital teams up with Kaio to test tokenized access to private market strategies, signaling growing sovereign interest in onchain real-world assets. Abu Dhabi-based Mubadala Capital has partnered with institutional real-world asset (RWA) infrastructure provider Kaio to explore tokenized access to private market investment strategies, marking a push from sovereign-linked capital into blockchain rails. The companies said on Tuesday that the initiative will assess how Kaio’s digital framework can enable institutional and accredited investors to access Mubadala Capital’s private market products onchain. The move signals interest in using RWA tokenization as a technological upgrade and a distribution layer for alternative assets traditionally gated behind high minimums, multi-year lockups and geographic limits. Read more
XRP ETFs absorbed 506 million tokens in under a month, strengthening the case that price discovery is likely on the table for 2026. XRP (XRP) may enter a faster-than-expected repricing phase, according to analyst Chad Steingraber, who predicted the price could move “from $2 to $10” in under a year. Key takeaways: XRP ETFs absorbed over 506 million XRP in a month, supporting a $10 price outlook. Read more
Silk Road-linked wallets still hold about $38.4 million worth of BTC, with millions potentially sitting in other unseized wallets. Darknet marketplace Silk Road-linked cryptocurrency wallets are moving again, less than a year after US President Donald Trump granted its jailed founder, Ross Ulbricht, a full pardon. Silk Road-tagged cryptocurrency wallets awoke Tuesday to transfer about $3.14 million worth of Bitcoin (BTC), according to blockchain data platform Arkham. The 176 transfers mark the wallet’s most significant activity in five years. Silk Road-related wallets executed only three small test transactions earlier this year. Read more