SEC Pushes 24-Hour Trading Initiative
The SEC will hold a 24-hour trading roundtable on Sept. 17 with major players like @Blackrock and @Robinhood; Nasdaq plans near-23-hour trading from Dec. 6.
The SEC will hold a 24-hour trading roundtable on Sept. 17 with major players like @Blackrock and @Robinhood; Nasdaq plans near-23-hour trading from Dec. 6.
@ICE_NYSE partners with @tZERO, licensing 103 blockchain patents for a 24/7 tokenized trading platform. SEC approval is pending. #Update #Crypto
7RCC Global launches BTCK ETF on NYSE Arca, combining 80% bitcoin and 20% carbon credit futures. Gemini custodies BTC, targeting ESG-focused investors. #Update #Crypto $BTC
Hyperliquid has become Wall Street’s preferred weekend venue for perpetual futures, dominating over 70% of the market. ICE Chair Jeffrey Sprecher calls it a “wake-up call.” #Update #Crypto
HYPE token hits $67.24 after CFTC approves the first U.S. perpetual futures contract, with a spot ETF decision pending from SEC. #Update #Crypto
ICE CEO Jeff Sprecher praises Hyperliquid, calling it bigger than Nasdaq; potential collaboration discussed amid regulatory concerns over its oil trading volume. #Update #Crypto
@IntercontinentalExchange and @OKX are launching perpetual oil futures, utilizing ICE’s Brent and WTI data for 120M retail traders. This move bridges traditional and digital markets. #Update #Crypto $BTC
Exodus Movement liquidated 1,076 BTC, reducing its treasury by 63% to fund fintech acquisitions, resulting in a $32.1 million net loss amid declining trading volumes. #Update #Crypto $BTC
Morgan Stanley launches MSBT, the first spot Bitcoin ETF by a major U.S. bank, at NYSE, marking a shift in institutional access to digital assets. #Update #Crypto $BTC
@CoinDesk reports that 24/7 trading could end price manipulation, benefiting traders while potentially harming brokers. Major exchanges seek to implement this shift. #Update #Crypto $BTC
@IntercontinentalExchange invests an additional $600 million in Polymarket, increasing total commitment to nearly $2 billion; ICE’s backing highlights growing interest in prediction markets. #Update #Crypto $POLY
@NYSE is integrating blockchain into its market infrastructure, aiming for interoperability while preserving existing systems. This gradual approach could merge traditional and tokenized assets over time. #Update #Crypto $BTC $ETH
Morgan Stanley’s spot Bitcoin ETF, the Morgan Stanley Bitcoin Trust (ticker MSBT), is set to launch on NYSE Arca, marking a significant move in institutional cryptocurrency investment. #Update #Crypto $BTC
Ripple is central to NYSE’s tokenization plans, collaborating with Securitize to integrate blockchain in traditional finance, potentially boosting $XRP’s role in global asset transfers. #Update #Finance $XRP