On January 20, analysts at research and brokerage firm Bernstein (Bernstein) released a report saying that the launch of Meme Coin TRUMP after Trump's election as President of the United States marks a paradigm shift in the cryptocurrency space in the United States and globally. Bernstein's team of analysts said that this marks the arrival of a new era of regulation, with the US government treating cryptocurrencies as a direct access to the public.
The Securities Exchange Commission (SEC) announced charges against broker-dealer and investment advisor LPL Financial LLC for multiple violations of its Anti-Money Laundering (AML) program. LPL agreed to pay a $18 million civil penalty and promised to improve its anti-money laundering policies and procedures. The SEC order states that between May 2019 and December 2023, LPL suffered from chronic failures in its customer identification procedures, including failure to close accounts without prope...
US "Internet celebrity broker" Robinhood will pay $45 million to end a series of securities claims.
1.60 trillion "aircraft carrier-class" brokerages ushered in an important node, the 14-day 10-board "New Year's Eve demon stocks" once again prompted the risk, and the first real estate rescue fund of class A share came... What are the announcements worth paying attention to after the market today?
FalconX, a digital asset trading and brokerage firm, is in advanced talks to acquire Arbelos Markets, a derivatives startup founded in 2023 by two crypto industry veterans. The deal, which will be financed through a combination of cash and FalconX shares, is expected to be announced in the coming days, according to people familiar with the matter. It is unclear what impact the deal will have on Arbelos' valuation.
Hong Kong stock brokerage stocks rose, Guolian Securities (01456.HK) rose more than 10%, China Merchants Securities (06099.HK) rose more than 3%, Shenwan Hongyuan Group (06806.HK), Everbright Securities (06178.HK), CITIC Securities (06030.HK) and so on.
According to market news, listed real estate brokerage company La Rosa Holdings has announced that it accepts bitcoin as a payment method.
Steve Sosnick, chief strategist at Interactive Brokers, said the speculative frenzy that swept bitcoin and crypto-related stocks in 2024 was unlikely to subside in the new year. "2024 was a year of speculation and in recent weeks has morphed into a self-fulfilling frenzy. While these trades have sometimes run into trouble, most recently after the Fed's December meeting, investors have been willing to buy the dip," Mr. Sosnick said. "When something has been used by a lot of people for a long time...
Securitize, a brokerage firm for the Digital Liquidity Fund (BUIDL), has submitted a Frax Improvement Proposal to add BUIDL as the backing collateral for the Frax USD stablecoin. Under the improved plan, the use of BUIDL as a collateralized reserve asset offers yield opportunities, deeper liquidity and transfer options, and, thanks to the backing of BlackRock, the world's largest asset manager, reduces counterparty risk.
The chairperson of Interactive Brokers said that it is recommended that people hold some bitcoin, but not too much.
According to Bloomberg, David Lawant, head of research at cryptocurrency broker FalconX, wrote in a report that the U.S. spot Ethereum ETF attracted nearly $2 billion in inflows after Trump's election victory, resulting in ETH outperforming BTC in recent times. For Bitcoin, a "sustained and determined" breakout of $100,000 may require further positive catalysts.
Brokerage firm Bernstein has predicted that within the next decade, bitcoin will replace gold as the main "store of value" and become an integral part of institutional and corporate finance. The prediction was made in a report by analyst Gautam Chhugani after the price of bitcoin climbed to $100,000 and achieved a 141% annual gain. This...
According to CoinDesk, broker Bernstein said in a research note on Monday that Ethereum has underperformed Bitcoin so far this year, but that the inflow of funds into the Ethereum ETF has reversed, suggesting that this period of underperformance may be over. BlackRock's spot Ethereum ETF saw inflows of $250 million on Friday, while its spot Bitcoin ETF only saw inflows of $137 million. This created a favorable supply and demand dynamic for ETH. Bernstein noted that staked earnings could be anoth...
On November 27th, the commission rate was generally reduced to "10,000", the ETF financing rate was as low as 3.99%, and the brokerage company started a "price war". It was learned from a number of brokerages that at present, the commission rate for new accounts opened by individual investors is at least 1/10,000, and some brokerages require account funds to reach 500,000, while some have no capital requirements. Regarding whether it can be achieved "10,000 1 free 5", many brokerage business dep...
Analysts at research and brokerage firm Bernstein said they expect the amount of bitcoin held by MicroStrategy to increase from 1.7% of the circulating supply to 4% over the next decade, and updated their end-of-2025 price target for MicroStrategy stock (MSTR) to $600. Bernstein had previously set a price target of $290 in June, when the stock was trading around $148. After rising nearly 100% in the past month and 509% year-to-date, the price target was set on November 11...