Bitcoin ended the week above $80,000, with spot ETFs attracting $987 million; however, Ethereum ETF inflows slowed to $215 million. Altcoin gains were concentrated in DePIN and AI tokens. #Update #Crypto $BTC
Robinhood’s RWA meme coin meta surged, with $217M in volume as AMC CEO criticized the tokenization. BONER locked 53% of tokenized HIMS, causing weekend price spikes. #Update #Crypto
SEC hosts roundtable on 24/7 trading for U.S. stocks with 27 TradFi firms, including 18 crypto-linked companies like @BlackRock and @Nasdaq. #Update #Finance
Payward partners with @LSEplc to tokenize 100 UK companies as xStocks for 24/7 onchain trading in 110+ countries, pending regulatory approval. #Update #Blockchain
Binance adds options on 1,000+ U.S. stocks and ETFs for non-U.S. users via Nest Trading Limited; U.S. customers excluded. TradFi perpetual volume hit $433.4B in August. #Update #Crypto
@Binance has launched options on U.S. stocks and ETFs, initially supporting long call and put strategies. Contracts are physically settled via Alpaca, with trading fees at $0.06. #Update #Crypto $BNB
@ICE_NYSE partners with @tZERO, licensing 103 blockchain patents for a 24/7 tokenized trading platform. SEC approval is pending. #Update #Crypto
@WellsFargo highlights the materials sector as a defensive investment amid inflated stock prices, citing strong demand in industrial gases, specialty chemicals, and construction materials. #Update #Investing
Morgan Stanley CIO Mike Wilson identifies emerging investment opportunities amid the S&P 500 pullback, highlighting consumer discretionary goods, transports, and regional banks as sectors poised for greater gains. #Update #Crypto $BTC (+5) ↗
Coinbase launched 21 features, including Bitcoin-backed mortgages and AI investment tools, enhancing its financial services suite. Fannie Mae accepts BTC as mortgage collateral. #Update #Crypto
Coinbase announced tokenized U.S. stocks with automatic dividends for non-U.S. users, settled on Base blockchain; full details in 3 p.m. ET livestream today. #Update #Crypto
Robinhood cuts 290 jobs, taking a $28M restructuring charge as HOOD shares rise 5% amid record trading volumes. CEO Vlad Tenev emphasizes a lean team strategy. #Update #Finance
Savita Subramanian, head of US Equity Strategy at Bank of America Securities, warns that broad market gains are unlikely to continue, holding a bearish outlook on the S&P 500. #Update #Crypto $BTC (-8) ↘
Vocal stock market bull Ed Yardeni states he hasn’t been bullish enough, highlighting strong earnings momentum and resilience in the US economy, raising his S&P 500 target to 8,250. #Update #Crypto $SPY
