Coinbase and Crypto Stocks Soar as Bitcoin Shatters $118,500 Record

Bitcoin's historic rally past $118,500 has ignited a surge in crypto-related stocks, with major players like Coinbase, Marathon Digital, and Riot Platforms experiencing double-digit gains. This bullish momentum stems from increasing institutional adoption, fueled by spot ETF inflows and political endorsements, including notable support from Donald Trump. The crypto market's upward trajectory reflects growing confidence and mainstream acceptance of digital assets as a legitimate financial instrument.

Bitcoin's Record Rally Ignites Crypto Stock Surge

Bitcoin shattered its all-time high this week, breaching $118,500 and sending shockwaves through traditional markets. The rally fueled double-digit gains across crypto equities—from exchange titans like Coinbase to mining powerhouses Marathon Digital and Riot Platforms.

The surge reflects deepening institutional adoption, with spot ETF inflows and political endorsements adding fuel. Donald Trump's pro-crypto stance coincided with the breakout, creating a perfect storm of bullish sentiment. Market structure has fundamentally shifted—digital assets now MOVE markets rather than observe them.

Technical indicators suggest sustained momentum. TradingView charts show Bitcoin breaking through multi-year resistance with unusual volume. This isn't speculative froth but institutional capital establishing positions through regulated vehicles.

Blockcast 69 Explores Tokenized Securities and Crypto Transparency

Ledger's Head of APAC Takatoshi Shibayama, alongside Lisa JY Tan and Nikhil Joshi, delves into the evolving landscape of tokenized securities in their latest Blockcast episode. The discussion centers on establishing transparency frameworks for digital assets, emphasizing issuer disclosure obligations and investor rights.

Tokenization's disruptive potential in traditional finance takes center stage, with panelists analyzing both the opportunities and risks inherent in converting real-world assets to blockchain-based instruments. The conversation touches on regulatory challenges and the technology's capacity to reshape ownership structures across capital markets.

This installment continues Blockcast's tradition of hosting industry leaders, following previous appearances by executives from Ripple, Coinbase, Cardano, and Animoca Brands. The series has established itself as a platform for substantive dialogue on cryptocurrency's institutional evolution.