Market News Today — AI-Curated Stock & Crypto Headlines

The US Securities and Exchange Commission (SEC) has decided to drop its lawsuit against crypto billionaire Justin Sun, potentially alleviating concerns and uncertainty surrounding his business dealings.

The SEC has reached a settlement with Justin Sun and Tron network affiliate Rainberry, resulting in a $10 million fine and dismissal of charges against Sun.

Morgan Stanley has partnered with Coinbase and BNY to provide custody services for its upcoming Bitcoin ETFs, following positive flows in BTC ETFs and SEC applications for Bitcoin, Solana, and Ethereum funds.

CFTC Chair Michael Selig hinted at the possibility of introducing crypto perpetual futures within the next month, potentially impacting the cryptocurrency market.

The Nasdaq has filed a proposal to list yes-or-no bets on the Nasdaq-100, joining Cboe in the prediction market craze, indicating growing demand for such products.

The SEC is considering approval for a Solana-based liquid staking token ETF, marking a significant development in the cryptocurrency space.

The SEC has made a quiet shift in its policy towards broker-dealers' stablecoin holdings, allowing them to treat stablecoins as capital, which may have significant implications for the market.

SEC leaders Paul Atkins and Hester Peirce are seeking to clarify how tokenized securities interact with existing regulation, indicating a move towards greater regulatory clarity in the crypto market.

ETFs are rapidly accumulating exposure to private stocks and debt, with two funds exceeding the 15% limit set by the SEC, specifically targeting SpaceX.

Kraken's parent company has acquired tokenization platform Magna, a move that could be a strategic step ahead of a potential IPO, as part of a series of acquisitions in 2025.

Nvidia's decision to exit its position in Arm has caused Arm's shares to edge higher in premarket trading, indicating a positive sentiment shift for the British chip designer.

Founders Fund, a Peter Thiel-linked investment firm, has sold its entire stake in ETHZilla, a company that holds a significant amount of Ethereum, amid pressure on ETH treasuries.