AMC Entertainment CEO Adam Aron escalated his fight with Robinhood over its tokenized stocks on Friday, calling on the brokerage to stop trading tokens linked to AMC shares and threatening legal action. Aron’s comments came in response to Robinhood CEO Vlad Tenev, who asked “what’s the concern?” in an X post after Aron first criticized
Hargreaves Lansdown, the U.K.’s largest retail investment platform with two million investors, has begun offering nine bitcoin and ether exchange-traded notes (ETNs), reversing course less than a year after warning clients against crypto investments. The firm’s new listings include products from BlackRock’s iShares, CoinShares, WisdomTree, 21Shares, Invesco and Bitwise, with annual fees ranging from 0%
In August, US non-farm payrolls significantly exceeded market expectations, indicating a stronger-than-expected trend in the labor market. The unemployment rate remained unchanged from the previous month at 4.1%. At this point, the US non-farm payroll figures for August were released, and the 162,000 figure, exceeding the expected 56,000, surprised the markets. The data released for
The U.S. labor market strengthened appreciably in August, giving the growing group of hawks at the Fed more ammunition to hike interest rates at the bank’s policy meeting in less than two weeks. According to the government’s Nonfarm Payrolls report released Friday morning, the U.S. economy added 162,000 jobs last month. That was well above
US-listed spot Bitcoin exchange-traded funds (ETFs) notched their biggest inflows in nearly eight months as $BTC reclaimed $80,000. Bitcoin ETFs recorded $730.9 million in net inflows on Thursday, the largest daily haul since Jan. 14, when the funds attracted $843.6 million, according to SoSoValue data. The surge followed $101.2 million inflows on Wednesday and came
The questions surrounding whether Bitcoin [$BTC] can maintain its bullish push have become more pressing lately. Especially as the crypto surged past $80,000 over the last 24 hours. The timing is interesting because the market has been flashing mixed signals over whether demand is returning and a rebound is taking shape, or whether this is
It’s the first Friday of the month again and the U.S. Bureau of Labor Statistics is set to release the nonfarm payrolls (NFP) report, a key gauge closely watched by Fed policymakers and both traditional finance and crypto markets. But past data shows its a non-event for day traders. The data due at 08:30 ET
ZKsync has unveiled Prividium, a new initiative aimed at creating private and connected tokenized deposit networks. This announcement surfaced through a tweet discussing the risks associated with isolated bank networks. By emphasizing the importance of privacy and connectivity, ZKsync may influence how banks integrate blockchain solutions moving forward. For more details, see the original tweet
South Korea’s financial regulators outlined policy aimed at building the infrastructure to tokenize securities for stablecoin settlement on Friday. Officials from the country’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) said the plan to tokenize traditional securities such as stocks, bonds and funds and to expand security token offerings (STOs) beyond fractional investment
El Salvador did not use public funds to accumulate bitcoin $BTC$81,110.59 after the first review of its International Monetary Fund (IMF) loan program, the organization said, citing documentation provided by Salvadoran authorities. The documents showed bitcoin added since the review came from private donations, the fund said. No further accumulation beyond documented donations is expected.