Johann Kerbrat, managing director of Robinhood Crypto, revealed that the company is working with Paxos to create an open network for stablecoins, emphasizing that stablecoins can bring significant value to their platform. Several companies are currently exploring the stablecoin market, such as Visa's launch of a tokenized asset platform that allows banks to issue stablecoins. Revolut, a fintech company, is also exploring the possibility of launching stablecoins. Stripe has acquired Bridge, a fin...
Johann Kerbrat, managing director of Robinhood Crypto, expressed a strong focus on the institutional and stablecoin space, seeing major acquisitions in 2024, such as Stripe's acquisition of Bridge, while excited about the tokenization of real-world assets. In addition, a final area that it says is being watched closely is the intersection between cryptocurrencies and AI. There is a lot of talk about how to fairly compensate creators who use its materials to train AI, and cryptocurrencies can pla...
Sarah House, managing director and senior economist at Wells Fargo, and Aubrey Woessner, economic analyst, said that the U.S. CPI in November may show that anti-inflation progress is stalling. The unquarterly CPI annual rate is expected to rise from 2.6% to 2.7%. They believe that the unquarterly core CPI annual rate will stay in a narrow range of 3.2% -3.3% for the sixth consecutive month. Although some inflation factors such as the overheating labor market continue to fade, new headwinds have ...
On November 29th, the Shanghai Stock Exchange issued a regulatory warning to Jiao Qingtai, the then deputy general manager of Sunrise Oriental Holdings joint stock company, and the spouse of Jiao Qingtai, the then deputy general manager of the company, bought and sold the company's shares within 6 months, which constituted a short-term transaction as stipulated in Article 44 of the Securities Law, in violation of Article 1.4, Article 3.4.1, Article 3.4.11 and other relevant provisions of the Sha...
On November 28, Erald Ghoos, general manager of OKX Europe, announced on the X platform: "OKX has now officially launched products and services in Belgium. From today, Belgian users can experience our carefully crafted localized services." Currently, Belgian users can now trade more than 200 cryptoassets and more than 60 cryptocurrency and euro trading pairs through the OKX platform. Previously, OKX has successfully entered the Dutch market and announced the establishment of a MiCA compliance ce...
Crypto.com Australia managing director Vakul Talwar said the acquisition was a "huge step" for the Singapore-based exchange as it could now offer trading of shares on Australian and international stock exchanges.
On November 18th, Li Jizun, general manager of the Shenzhen Stock Exchange, said at the 10th Anniversary of Interconnection Summit Forum held by the Hong Kong Stock Exchange that recently, there have been many positive changes in the class A share market, including the Shenzhen market. First, the company's performance is rebounding. In the first three quarters of this year, the profitability of Shenzhen companies reached 80%. The latest sample survey shows that Shenzhen companies' intention to e...
On November 8, at the 2024 Shanghai Stock Exchange International Investors Conference, Wang Bo, deputy general manager of the Shanghai Stock Exchange, said that the Shanghai Stock Exchange will accelerate the implementation of the "Science and Technology Innovation Board", increase the support for mergers and acquisitions in the field of science and technology innovation, support listed companies to make good use of M & A and restructuring tools, achieve efficient integration of key technologies...
On November 5th, the reporter learned from people close to CITIC Group that Zou Yingguang returned to CITIC Securities as the general manager, and the general manager of CITIC Construction Investment was appointed by the former investment bank veteran Jin Jianhua of CITIC Securities, who has now arrived.
Lin Xinchuan, Chief Strategy Officer and Managing Director of DBS Bank, said that the parent bank of DBS Bank has been actively exploring the application of blockchain technology, and the successful experience is of great reference significance for DBS Bank to promote the integration of blockchain and the financial industry in China, especially Shanghai. As an important trade port city, Shanghai has great potential in blockchain applications, and Singapore's successful projects will definitely a...
Tim McCourt, senior managing director at CME, said that the first major step has been taken for the launch of the XRP ETF. The CME has XRP reference rate and real-time index, which is the first step in building this ecosystem with more than 50 real-time prices and reference rates. This is crucial for product providers like Bitwise, as they can at least point to a fully regulated benchmark. A week ago, the Securities Exchange Commission received an application for an XRP ETF from Canary Capital, ...
On October 10, 2024, Rifad, General Manager of OKX Middle East, announced that OKX has become the first crypto trading platform in the world to receive a full operating license in the UAE. Rifad stated that in the future, OKX will continue to invest more, grow and expand in the region. Dubai has become one of the global virtual asset hubs. The region is increasingly recognized for its technological innovation and development strategies. We are eager to participate in technological innovation and...
According to ai_9684xtpa monitoring, Winslow Strong, managing director of Cluster Capital, may be entrusting Amber Group to sell its WBTC, and he has been selected by Arkham as the top 10 whales in the cryptocurrency circle. 15 minutes ago, he transferred 442 WBTC ($27.40 million) to Amber, an address that had previously recharged into Binance every time it received WBTC, with a high probability of selling.
MischlerFinancialGroup fixed income managing director Glen Capelo said a 25 basis point cut by the Federal Reserve is likely to lead to a sell-off in U.S. Treasuries, but much depends on Powell's press conference. Michael Rosen, managing partner and chief investment officer at AngelesInvestments, believes that the current bond market is pricing in the pace of Fed rate cuts too aggressively. Markets expect the Fed to cut interest rates by 250 basis points next year, which is only possible in a re...
Goldman Sachs global markets managing director and tactical expert Scott Rubner believes that strong capital flows from corporate buybacks and systematic investment strategies are expected to drive the S & P 500 index to a record high this week, further strengthening investor fear of missing out (FOMO). "We estimate unemotional demand from machines and businesses at $17 billion a day this week, and the three-week equity trading window through September 16 is very favorable," said Rubner. Goldman...