15:13 2025-06-17
Opinion: Coinbase's application for tokenized stock trading will compete with Robinhood and SchwabCoinbase is seeking approval from the Securities Exchange Commission to issue blockchain-based shares in the United States. If approved, the move would allow Coinbase to offer traditional blockchain-based stock trading, which would put it in competition with brokerages such as Robinhood and Schwab. Paul Grewal, Coinbase's chief legal officer, described the move as a "top priority," while revealing that Coinbase is seeking a no-action letter or waiver from the Securities Exchange Commission (SEC)...
14:58 2025-06-17
Bank of America customers take a defensive stance on U.S. stocks for the first time in six weeksBank of America's clients took a defensive stance on US stocks for the first time in six weeks, buying defensive and selling cyclical sectors last week, the team of strategists led by Jill Carey Hall wrote in a research note. Clients are generally buyers, with net inflows of $800 million. Technology, energy, healthcare and consumer staples all saw inflows. Consumer discretionary stocks had the largest outflows, followed by industrials and utilities.
14:58 2025-06-17
Bitcoin ETF net inflow of 4,052 BTC, Ethereum ETF net inflow of 11,243 ETHAccording to Lookonchain monitoring, today 10 US Bitcoin ETFs net inflow of 4052 BTC, of which BlackRock inflows 2454 BTC, BlackRock currently holds 674248 BTC, worth 71.13 billion dollars; 9 Ethereum ETFs net inflow of 11243 ETH, of which BlackRock inflows 6053 ETH, BlackRock currently holds 1,657,200 ETH, worth 4.24 billion dollars.
14:34 2025-06-17
US cryptocurrency stocks fellUS cryptocurrency stocks fell, with Coinbase Global down 1.3%, Bitfarms down 3.2% and Strategy down 1.3%. The ProShares Bitcoin Strategy ETF fell 2.8% and the iShares Bitcoin Trust fell 3.1%.
14:06 2025-06-17
Namada has completed the final stage of its mainnet launchCosmos-based Namada has completed the final stages of its mainnet launch, launching a system designed to provide "privacy-as-a-service" for decentralized applications, assets and blockchains. The mainnet launch comes as Namada is in the midst of a free market token distribution to make its native token, NAM, liquid. Trading is expected to open this week as exchanges begin listing the token. The network is gearing up for several integrations to expand its cross-chain reach. Plans are currently un...
13:57 2025-06-17
Richard Liu: JD.com will apply for stablecoin licenses in major currency countries around the worldRichard Liu, chairperson of the board of directors of JD.com Group, said in a sharing session today that JD.com hopes to apply for stablecoin licenses in all major currency countries in the world, and then realize the exchange between global enterprises through the stablecoin license, reducing the cost of global cross-border transfer by 90%, and improving the efficiency to within 10 seconds. "Now it takes an average of 2 to 4 days for companies to send money, and the cost is quite high. After th...
13:45 2025-06-17
The Brazilian Bitcoin Reserve Bill has passed the First Committee for considerationThe Brazilian Bitcoin Reserve Bill "PL 4501/2023 or PL 4501/2024" has passed the First Committee for consideration. The bill proposes to establish a "sovereign strategic bitcoin reserve", allocating up to 5% of foreign exchange reserves to bitcoin. Once implemented, Brazil will become the second Latin American country after El Salvador to establish a legal BTC reserve. Pedro Giocondo Guara, the chief of staff to Brazil's vice president, said in March that the "strategic sovereign bitcoin reserve...