Today in crypto markets, regulators, investors and traders reacted to major developments affecting Bitcoin, Solana, and tokenized securities, as reported by Coin Telegraph.
Global regulators, including the European Securities and Markets Authority (ESMA), IOSCO, and the World Federation of Exchanges (WFE), urged the U.S. SEC to crack down on tokenized stocks, arguing they mimic equities without offering investor protections. The groups warned that such products are misleading and risky for retail buyers.
Meanwhile, Galaxy Digital, Multicoin Capital and Jump Crypto are reportedly raising $1 bn to build the largest-ever Solana (SOL) treasury, according to Bloomberg. Backed by the Solana Foundation, the plan could see the firms take over a public company to house the new digital asset fund. SOL currently trades near $200, up more than 6% in the past month.
On the markets, Bitcoin (BTC) slipped to $112,174 after reports that a long-term whale sold nearly $2 bn worth of BTC, rotating into Ether. Analysts like Willy Woo said the sell-off underscored how older wallets moving coins can heavily influence market liquidity.
The sharp decline was temporary, with BTC and ETH both rebounding, but the move highlighted persistent volatility as large holders shift positions.
Kursiv Uzbekistan also reports that David Bailey, entrepreneur and crypto adviser to U.S. President Donald Trump, has said that a Bitcoin bear market is unlikely for several years, citing record institutional interest in the asset.
