The post Ethereum Institutional Launches As New Nonprofit Bridge To Wall Street appeared on BitcoinEthereumNews.com.
Bitcoin ETFs drew the headlines, but the bigger shift on Wall Street is still taking shape behind closed doors. Banks that tentatively warmed to crypto via regulated funds are now being asked a harder question: what do they actually understand about the protocols beneath the tickers? A new nonprofit called Ethereum Institutional aims to answer that. The organization, the original report shows, is stepping into a gap that the industry has often left to consultants and sell-side pitches — direct, neutral education for financial institutions about Ethereum’s mechanics, risks, and use cases. That gap is not trivial. The same cohort of institutions that poured into spot Bitcoin products has been slower to engage with Ethereum beyond speculative exposure. Smart contracts, staking dynamics, L2 fragmentation, and MEV are not exactly standard curriculum on a trading floor. Ethere
The post Raymond James shocks Wall Street with $800 SpaceX stock target appeared on BitcoinEthereumNews.com.
SpaceX shares have gained fresh momentum after Raymond James initiated coverage with an $800 price target, implying about 440% upside from current levels. Summary Raymond James initiated SpaceX with a Strong Buy rating and an $800 price target, implying about 440% upside. Wall Street support strengthened as Morgan Stanley, Goldman Sachs, Citigroup, UBS, and Wells Fargo also issued bullish ratings. SpaceX expanded its Starlink plans, Ark Invest added shares, and the company’s Bitcoin holdings remained in focus. According to Raymond James, the brokerage has started coverage of SpaceX with a Strong Buy rating and an $800 price target, making it one of the most optimistic forecasts issued by a major Wall Street firm. $SPCX – SPACEX COULD SOAR 440%, SAYS RAYMOND JAMES Raymond James launched SpaceX coverage with a Strong Buy rating and a Street-high $800 target, implying 440% upside.
SpaceX shares have gained fresh momentum after Raymond James initiated coverage with an $800 price target, implying about 440% upside from current levels. According to Raymond James, the brokerage has started coverage of SpaceX with a Strong Buy rating and…
The post Hong Kong SFC Phases Out OTP Logins for Crypto Platforms appeared on BitcoinEthereumNews.com.
Hong Kong’s SFC orders stronger login controls for brokerages and crypto platforms. OTP-based security faces phaseout as phishing and spoofing attacks target accounts. HKCERT recorded 15,877 cyber incidents in 2025, with phishing making up 57%. Hong Kong’s market regulator has moved against rising account impersonation risks, ordering internet brokerages and licensed virtual asset platforms to strengthen customer authentication. The Securities and Futures Commission (SFC) said the measure targets spoofing, stolen login data, and fraudulent device binding, all of which can expose customers to fast-moving account takeovers. SFC Moves Brokerages Beyond OTP-Based Account Security The directive applies to internet brokerage firms and SFC-licensed virtual asset trading platform operators. It requires firms to stop depending on one-time passwords for customer login and device binding. The re
The post EDX Markets’ $76M Round: Wall Street’s Crypto Bet appeared on BitcoinEthereumNews.com.
EDX Markets just closed a fresh $76 million round, and the headline is less about the number and more about who is still writing checks for crypto infrastructure. The answer: the same crowd that obsesses over execution quality, counterparty risk, and post-trade reconciliation. That’s the quiet story of 2026. Not shiny tokens. Not slogans. Pipes. Order routing. Settlement. And a lot of institutional desks asking for a crypto stack that feels like the equities and FX stacks they already trust. EDX’s new capital was led by SBI Holdings, with reporting that SBI was the sole investor in the Series C. Add in a new OEMS link-up that pipes EDX’s central limit order book into a tool buy-side desks already use, and you can see the playbook forming. If you’re trying to read the room on Wall Street’s crypto appetite, this is it. They still want the plumbing.
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The post Hong Kong SFC forces crypto platforms to ditch SMS authentication appeared on BitcoinEthereumNews.com.
The Hong Kong Securities and Futures Commission has ordered licensed crypto trading platforms and online brokers to replace SMS-based authentication with phishing-resistant login methods within the next 12 months. Summary Hong Kong’s SFC has banned SMS-based authentication for licensed crypto platforms and online brokers. Firms have 12 months to adopt phishing-resistant login methods such as passkeys and hardware security keys. The move comes as phishing scams accounted for $306 million in crypto losses during Q1 2026. According to the Hong Kong Securities and Futures Commission (SFC), virtual asset trading platforms (VATPs) and online brokers must stop relying on one-time passwords delivered through SMS, email, or app-generated codes and instead adopt stronger authentication systems that are harder for attackers to compromise. The regulator announced the new cybersecurity re
The Hong Kong Securities and Futures Commission has ordered licensed crypto trading platforms and online brokers to replace SMS-based authentication with phishing-resistant login methods within the next 12 months. According to the Hong Kong Securities and Futures Commission (SFC), virtual…
The post Ripple Prime DTCC Link Fuels XRP Settlement Debate appeared on BitcoinEthereumNews.com.
Ripple Prime draws attention over claimed DTCC links, NSCC listing, FICC access, XRPL settlement plans, and RLUSD collateral use. Ripple Prime has drawn fresh attention after market analysis linked it to DTCC-related clearing rails. The discussion centers on whether the platform could connect institutional flows with the XRP Ledger. According to the supplied claims, Ripple Prime appeared in the NSCC directory under the identifier RIPL. The analysis also said the platform has access to FICC’s Government Securities Division. The same discussion pointed to DTCC services for tokenized equities, ETFs, and U.S. Treasuries. It stated that official records would remain inside DTCC systems. The main claim is that Ripple Prime could act as a bridge to XRP Ledger settlement. The suggested model includes post-trade activity, RLUSD collateral, and liquidity movement on XRPL. Ripple Prime Draws DTCC Ma