Robinhood’s tokenized $AMC product briefly traded far above the referenced stock during the U.S. Labor Day weekend, prompting a fresh test of whether activity on Robinhood Chain can move real equity markets. IOSG researcher Mario Chow reported on Sept. 7 that the token reached $18.04 after $AMC Entertainment shares closed at $2.54 on Sept. 3.
In the cryptocurrency market, the actions of major players have been making headlines lately, as much as price movements. Bitcoin climbed back above $82,000 last week, but Friday’s US employment data created significant selling pressure on the market. The data, which came in much higher than expected and showed the unemployment rate remaining stable, strengthened
Pendle Finance’s recent tweet raises questions about Robinhood’s approach to cryptocurrency, asking, “Are we doing this right, @RobinhoodCrypto?” This commentary reflects a growing scrutiny of practices in the crypto space. As the market navigates mixed signals, the implications of such public inquiries could resonate with traders and investors alike. Source What Went Down The cryptocurrency
Bitcoin has dipped below $79,000 on Tuesday as buyers struggled to push the cryptocurrency through a significant concentration of selling pressure between $80,000 and $82,850. The broader cryptocurrency market remained bullish, with the Fear and Greed Index registering 72. A reading in this range indicates elevated investor optimism, although it can also suggest that market
Visa (V) is combining its VisaNet settlement data with onchain lending infrastructure to help stablecoin-linked card programs and fintechs obtain working capital, the company said Tuesday. The move could give lenders a clear view of a payment card program’s settlement receivables, the money it is due after payments clear. With customer authorization, that data can
HashKey Cloud said on Sept. 7 that it had joined Stacks as a launch partner for self-custodial Bitcoin staking. The agreement gives the infrastructure provider two roles: participating in the inaugural Genesis Bond and joining the signer network securing sBTC. HashKey Cloud operates under HashKey Holding Limited. Stacks founder Muneeb Ali presented the collaboration during
Boyaa Interactive has purchased approximately 205 Bitcoin for $14.3 million, raising its total holdings to roughly 4,316 $BTC as the gaming company continues to deploy crypto assets across its Web3 projects. Boyaa Interactive International Limited said in a Sept. 4 Hong Kong Stock Exchange announcement that the purchases were completed through a series of open-market
Fractal Bitcoin has completed its first halving at block 2,100,000, cutting the network’s block reward to 6.25 FB as the FIP-102 upgrade takes effect and sets aside an equivalent 6.25 FB emission budget for future distribution on the Bitcoin mainnet. Fractal Bitcoin said in a Sept. 8 post on X that the halving had been
Anchored said its tokenized stocks went live through Uniswap on Arbitrum on Sept. 7, opening a new onchain route to public-market exposure. The company’s launch announcement identified Anchored as the issuer infrastructure, Arbitrum as the deployment network and Uniswap as the trading venue. The announcement confirms availability but does not say that the tokens are