# Stocks Related Articles

Why Bitcoin prices fell as Asian markets mirrored Wall Street losses

Bitcoin's price dropped 5.59% on December 17th, mirroring declines in the S&P 500 and Nasdaq which hit three-week lows. The sell-off was driven by weakened tech stocks and concerns over AI trade sustainability. The U.S. Federal Reserve's signal to potentially pause interest rate cuts further dampened risk appetite. Asian markets followed suit, with Japan's Nikkei and South Korea's KOSPI also declining. Bitcoin briefly fell to $85.7k before recovering slightly to $87k. The volatility resulted in $158 million in BTC liquidations and a total crypto market wipeout of $543 million. Technical analysis indicates a bearish structure break, with potential further declines toward the $82k–$83k or even $74k liquidity zones. Traders are advised to prepare for continued downward pressure.

ambcrypto12/18 21:02

Coinbase Is Redefining the Exchange

Coinbase is redefining the exchange model by launching its most ambitious expansion to date, moving beyond cryptocurrency to build an "all-in-one" financial super app. The strategy is built on six core pillars: commission-free stock trading, prediction markets via a partnership with Kalshi, integration with Solana DEX aggregator Jupiter for seamless access to on-chain tokens, custom stablecoin services for enterprises, simplified derivatives trading, and enhanced support through AI tools and developer platforms. This expansion aims to merge traditional and crypto finance, offering integrated access to stocks, crypto, derivatives, and prediction markets in a single account. By aggregating decentralized liquidity into a user-friendly interface and prioritizing regulatory partnerships, Coinbase is blurring the lines between centralized and decentralized finance. The company’s broader vision includes deepening institutional services and advancing real-world asset tokenization, positioning itself as a comprehensive gateway to the future of finance—all within one app.

marsbit12/18 13:55

Miner's Stocks Soared After Decision to Build AI Data Centers for Anthropic

RBK-crypto12/18 10:41

Frontline Report | Web3 Lawyer Deciphers the Latest Changes in U.S. Stock Tokenization!

The U.S. SEC has issued a No-Action Letter to DTCC’s subsidiary DTC, allowing it to conduct a pilot program for tokenizing traditional securities without prior rule-change approvals under certain conditions. This move is seen as a regulatory step toward modernizing securities infrastructure using blockchain, though it is not a full endorsement of tokenization. The tokenization will function as a parallel record-keeping system on a permissioned blockchain, improving back-end efficiency without altering legal ownership structures. Meanwhile, Nasdaq has separately proposed extended trading hours, sparking speculation about 24/7 trading alignment with crypto markets, though the proposal does not explicitly mention tokenization. The developments indicate growing institutional interest in blockchain-based settlement efficiency, though widespread adoption remains cautious and incremental.

marsbit12/18 10:40

Frontline Insights | Web3 Lawyer Deciphers the Latest Developments in U.S. Stock Tokenization!

Summary: On December 15, 2025, Nasdaq submitted a proposal to the SEC to extend U.S. stock trading hours to 23/5, sparking speculation about tokenization, though the filing did not mention it. More significantly, on December 11, the SEC issued a No-Action Letter (NAL) to DTCC, allowing its subsidiary DTC to conduct a pilot for tokenizing traditional securities under strict conditions. The NAL exempts DTC from certain procedural filing requirements but does not constitute a full regulatory endorsement. DTC's pilot involves creating tokenized representations of securities on a permissioned blockchain, allowing direct transfers between approved wallets while maintaining central oversight through its LedgerScan system. This move signals cautious regulatory openness to blockchain efficiency improvements in settlement and asset tracking, without altering the fundamental nature of securities. The development represents a step toward modernizing market infrastructure, with two parallel paths emerging: backend efficiency gains led by institutions like DTCC, and front-end user-facing innovations from brokers and trading platforms, all within evolving regulatory boundaries.

深潮12/18 10:16

Coinbase Launches Major Product Updates, Including Prediction Markets and Stock Trading, Transforming into a Comprehensive Financial Platform

Coinbase has unveiled a major expansion of its product suite during its "System Update 2025" event, signaling a strategic shift from a pure cryptocurrency exchange to a comprehensive financial platform. Key announcements include the launch of commission-free stock and ETF trading for US users, with plans to offer extended 24/5 trading hours and eventually support thousands of assets. The company is also preparing to list stock-linked perpetual futures for international users. Additionally, Coinbase is entering the prediction markets through a partnership with Kalshi, allowing US users to trade event-based contracts. Other new features include a simplified interface for perpetual futures trading, integration of Solana DEX aggregator Jupiter for instant token trading, and an AI-powered wealth management tool called Coinbase Advisor. For businesses, Coinbase Business is now fully available in the US and Singapore, offering financial services for SMBs. The company also introduced a service for creating custom branded stablecoins and is developing new payment infrastructure, including the x402 open payment standard. These moves position Coinbase to compete directly with traditional brokers and expand into new multi-billion dollar revenue streams.

marsbit12/18 07:02

Ondo and LayerZero Jointly Launch Tokenized Stock and ETF Cross-Chain Bridge

Ondo Finance, a leader in tokenizing real-world assets, has partnered with LayerZero to launch the Ondo Bridge. This solution enables seamless cross-chain transfers of Ondo’s tokenized stocks and ETFs, allowing over 2,600 protocols, wallets, and applications integrated with LayerZero to easily incorporate these assets. Currently live on Ethereum and BNB Chain, the bridge supports more than 100 tokenized securities and is designed for future expansion to additional EVM chains. Key features include rapid deployment to new chains, a unified path for all Ondo Global Markets assets via LayerZero’s standardized framework, and a structure built to scale across multiple chains and hundreds of assets. The initiative aims to broaden liquidity and flexibility for DeFi applications while maintaining institutional-grade reliability. Since its launch on Ethereum in September, Ondo Global Markets has grown to over $400 million in total value locked and $2 billion in trading volume, recently expanding to BNB Chain to serve its 3.4 million daily active users. Stargate has already integrated Ondo assets via the bridge, with further EVM network expansions planned in the coming weeks.

深潮12/18 01:49

Nasdaq Plans to Launch 23-Hour Trading, Paving the Final Stretch for On-Chain Stocks and Tokenized Assets

Nasdaq has submitted a proposal to the SEC to extend U.S. stock trading hours to 23 hours per day, effectively formalizing overnight trading. This move is seen as a step toward preparing the market infrastructure for future 24/7 on-chain stock trading and asset tokenization. Key implications include: - Improved accessibility for retail investors, enabling trading across more time zones without waiting for traditional market hours. - Enhanced performance for on-chain stock platforms (e.g., Ondo Finance, StableStock), as their broker-mediated transactions will align with extended market hours, ensuring smoother and more liquid operations. - Stronger support for DeFi protocols, as near-24-hour official pricing improves oracle reliability for lending, derivatives, and other decentralized applications. - Better risk management for brokers and market makers, who can hedge positions throughout most of the day, leading to smoother pricing and deeper on-chain liquidity. This shift signals accelerating momentum toward on-chain equities and tokenized assets.

marsbit12/17 08:11

Hot Interaction Collection | Cascade Early Access Application; OpenMind Adds Badge Tasks (December 17)

Hot Interaction Roundup: Cascade Early Access and OpenMind Badge Tasks (Dec 17) Cascade, a crypto brokerage platform, is now accepting early access applications. It offers 24/7 trading of U.S. stocks and crypto perpetual contracts with a single margin account. Users can apply via X (Twitter) and Google email, and join the Discord to claim OG roles. OpenMind, founded by a Stanford professor, is building a universal OS and decentralized network for smart machines. It recently added new badge tasks: users can sign up with Google, verify with World Coin for a Personhood badge, and connect a Backpack wallet for another badge. Altius, a modular execution stack developer, launched a Web3 knowledge quiz with Open Academy. Participants can complete three course levels and social tasks for a chance to win limited edition boxes or OA tokens. The event runs until December 23.

Odaily星球日报12/17 07:31

Detailed Analysis of Robinhood's Latest Fundamentals and Revenue Sources in Its 'Full Transition to Cryptocurrency'

Robinhood has emerged as a top performer in the current market cycle, with its stock surging 17x from its 2022 lows. The company is undergoing a strategic "full pivot to crypto" and has significantly diversified its revenue streams beyond its core transaction-based income. In 2024, Robinhood is projected to generate $2.95 billion in revenue, a 58% increase from 2023. Its revenue composition is now more balanced: transaction-based revenue (from stocks, options, and crypto) accounts for 58% of total revenue, down from 77% in 2021. This diversification is driven by new revenue lines, including its fast-growing prediction market platform (Kalshi, with $100M in annualized revenue) and Robinhood Gold (2.34M paid subscribers). Net interest income now constitutes 35% of total revenue. Notably, crypto is a major profit driver, contributing 21% of YTD revenue despite representing only 12% of total trading volume. This highlights its superior monetization model compared to stock trading. Options remain the largest revenue source. Robinhood's ambitious crypto roadmap includes the integration of the acquired Bitstamp exchange, development of a crypto wallet V2 with DeFi connectivity, plans to build an L2 on Arbitrum, and a pioneering strategy to tokenize public and private equities. This positions Robinhood to become a full-stack platform for tokenization, crypto trading, and financial services. Key risks include intense competition from traditional brokers and crypto-native firms like Coinbase, execution challenges in merging its user experience with crypto, and potential slow adoption of its equity tokenization strategy by issuers. Trading at a high P/E of 56, Robinhood's stock may be susceptible to a significant pullback if retail risk appetite cools, potentially creating a long-term buying opportunity. The company's leadership, user experience, and aggressive crypto vision make it a potential future leader in finance.

marsbit12/15 12:29