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Robinhood Engages with European Regulators on Tokenized Stocks

5 hours ago

On July 8th, as per Bloomberg, Vlad Tenev, the CEO of Robinhood Markets Inc., stated that the company is in communication with regulators regarding its tokenized stock product launched in Europe. This product has previously drawn criticism from multiple companies, including OpenAI. The California-based company announced last week that retail investors in the European Union can now trade blockchain tokens representing U.S. stocks through its app. This launch also encompassed tokens for privately held companies like OpenAI. However, Sam Altman-led OpenAI later reminded traders that these "tokens" do not represent equity in the company. The brokerage is facing inquiries from regulators, such as the Bank of Lithuania, regarding the structure of these tokens and whether they blur the line between actual equity and derivatives. The Bank of Lithuania has confirmed having reached out to Robinhood for more details.
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Trump says he may send tariff letter to EU within two days

On July 9th, President Trump of the United States stated that he might send a letter within two days to the European Union, revealing the tariff rates applicable to goods exported from the EU to the US. Trump stated at a Cabinet meeting held at the White House that the EU's attitude towards the United States has been "very friendly" in recent trade negotiations. (FX168)

11 minutes ago

Trump: Powell is like a baby, he should be lowering rates now

On July 9th, US President Trump declared, "The latest research conducted by the White House Council of Economic Advisers (CEA) indicates that the tariff policy has no impact on inflation. The research data shows that import prices are continuously declining - this firmly confirms my previous prediction." Those false news media and so-called "experts" have once again been proven wrong by the facts! Tariffs are bringing prosperity to our country. Many new factories, jobs, and trillions of dollars in investment are flowing into the United States. Someone should present this new study to "Mr. Too Late" Jerome Powell, who has been whining like a baby for months about non-existent inflation and has been reluctant to take the right action. Jerome, now is the time to cut interest rates! (FXStreet)

11 minutes ago

Elon Musk Questions Trump: Public Trust Unattainable Without Releasing Epstein Files

On July 9th, Musk said, "If Trump fails to release the Epstein files, how can people have faith in him?"

11 minutes ago

SharpLink Gaming has accumulated $5.362 billion worth of Ethereum.

On July 9th, according to Arkham's disclosure, SharpLink Gaming has currently amassed more than $5 billion worth of Ethereum. The company currently holds a total of $5.362 billion worth of ETH and stakes it on two major platforms, Liquid Collective and Figment: · $4.7 billion worth of ETH is staked in the form of lsETH on Liquid Collective; · In addition, they have also sent 25,312 ETH to Figment validators for staking. Currently, this is valued at approximately $66.19 million (this portion is not included in the main entity disclosure and does not include staking rewards).

11 minutes ago

U.S. Secretary of Commerce: Expecting to Send Out 15 to 20 Trade Notices in the Next Two Days

On July 9th, the U.S. Commerce Secretary Raimondo declared that a large number of countries have put forward the proposal to open their markets. "I anticipate sending out 15 to 20 trade letters within the next two days." Trump aims to impose a 50% tariff on copper in order to bring copper production back to the domestic market.

11 minutes ago

In the last 1 hour, the entire network has witnessed a liquidation of $86.4389 million, with the largest single liquidation being a short position.

On July 9th, according to Coinglass data, within the past 1 hour, the total liquidation across the network reached $86.4389 million. The long liquidations amounted to $26.9753 million, while the short liquidations totaled $59.4636 million.

11 minutes ago

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