Tom Lee Links Ethereum Weakness to Rising Oil Prices
Despite near-term weakness, Lee still sees tokenization and AI-related infrastructure as long-term drivers for ETH.
Cointelegraph·

Payward said futures trading activity rose 51% year-over-year as Kraken's parent expanded through acquisitions including Bitnomial, Backed and Reap.
Read full articleDespite near-term weakness, Lee still sees tokenization and AI-related infrastructure as long-term drivers for ETH.
Payward, Kraken’s parent, grew Q1 2026 adjusted revenue 3% to $507m as derivatives jumped 51%, even while Bitcoin, market cap and spot volumes all saw steep double‑digit drops. Kraken parent Payward has posted Q1 2026 adjusted revenue of $507 million,…
Kraken revenue rose 3% year-on-year to $507m in Q1 2026 as futures trading jumped 51%, Payward said Monday. Payward, Kraken’s Wyoming-based parent company, said in a Monday press release that it generated $507 million in Q1 2026 adjusted revenue, up…
The UK’s central bank and financial regulator have launched a joint Call for Input as tokenization moves from “pilots to production.”
The joint framework could enhance market efficiency and competitiveness, fostering innovation and potentially reshaping global financial systems. The post Bank of England and FCA unveil joint framework to accelerate tokenization across wholesale markets appeared first on Crypto Briefing.
The FCA and Bank of England are seeking feedback on new tokenization guidance and plans to extend operating hours for the UK’s core payment and settlement infrastructure toward near-24/7 availability.
As the XRP Ledger rapidly expands into real-world asset (RWA) tokenization, a new XRPL-native project is beginning to attract attention across the XRP community. SurgeXRP, a tokenized real estate marketplace being built on the XRP Ledger, has officially announced the upcoming launch of the SGP token presale ahead of the platform’s planned Q3 2026 beta […] The post XRP News: SurgeXRP, An XRPL RWA Marketplace, Announces SGP Presale Ahead of Q3 2026 Platform Launch appeared first on Live Bitcoin News.
Kraken has reportedly reduced its workforce by around 150 employees as the crypto exchange increases the use of artificial intelligence across its operations, a move that Bloomberg said could delay the company’s planned U.S. public listing until 2027. Bloomberg reported…