NYSE owner and OKX plan 24/7 tokenized stock trading using Uniswap

Intercontinental Exchange and OKX are preparing an always-open market where tokenized US stocks could keep repricing after Wall Street closes.  Related Company OKX Hong Kong 50-50 joint venture, notified the Securities and Exchange Commission (SEC) that it intends to launch a Tokenized Securities Venue under the regulators new Innovation Exemption. The proposed platform would initially support 63 securities, including Nvidia, Tesla, Apple, Microsoft, JPMorgan, Goldman Sachs, Coinbase and Circle.  The structure would create a parallel trading venue for some of Americas most actively traded companies that remains open 24 hours a day, seven days a week. Tokenized shares could continue absorbing information during nights and weekends when their underlying stocks are unavailable on traditional cash markets, potentially providing a reference for where prices may move when regular exchanges reopen.  Related Company Nvidia American multinational technology company  ICEs involvement gives the experiment added significance. The owner of the New York Stock Exchange is directly participating in infrastructure that tests whether US equity trading can extend onto blockchain rails beyond conventional market hours.  Related Company Tesla Electric cars, giant batteries and solar  “This is a landmark step toward a truly global, 24/7 Wall Street,” OKXICE co-chair and former New York Gov. Andrew Cuomo said. OKX founder and CEO

3 days agoIndustry

Morgan Stanley Analyst Says SpaceX Stock Price Could Double

Morgan Stanley says SpaceX stock could nearly double to $300 a share. Yet at least 40 of the firms clients do not own the stock.  SpaceX went public in June in the largest initial public offering (IPO) ever, at $135 a share. Four months later, shares trade about 23% above that price.  SpaceX Stock (SPCX) Performance Since IPO. Source: Yahoo Finance  Sponsored  Sponsored  Why Morgan Stanley Says SpaceX Stock Price Could Nearly Double  Analyst Adam Jonas kept his buy rating and $300 target in a note reported Monday. That sits 89% above Fridays $158.96 close.  His case rests on one split. He values the rockets and Starlink, the satellite internet service, at $127 a share.  That leaves about $32 for the artificial intelligence (AI) business. It includes the Grok chatbot and computing power SpaceX rents out. Across roughly 13.2 billion shares, that values AI near $420 billion.  Jonas thinks that is too low. SpaceXs recent short-term computing deals paid $30 to $50 per watt of capacity, he said. Analyst models assume $17.60.  In other words, Jonas argues buyers today are mostly paying for rockets and Starlink, and very little for AI.  Sponsored  Sponsored  Why Investors Are Staying Away From SpaceX Stock  Jonas tested demand himself. Last week, he asked a room of 40 clients

3 days agoIndustry

S&P Global Brings TradFi Risk Grades to $10 Billion Crypto Lending Vaults

S&P Global Ratings has launched a Vault Risk Assessment (VRA) to grade crypto lending vaults, a market now holding about $10 billion. The ratings giant stresses that its new scores are not credit ratings.  Think of a lending vault as a blockchain-based bond fund that gathers deposits and lends them to borrowers. However, deposits grew more than sixfold in two years, while disclosure standards still differ from vault to vault.  Sponsored  Sponsored  How S&P Plans to Score Crypto Lending Vaults  The announcement lists six areas of risk. They span portfolio credit quality, liquidity mismatches, the curator, the blockchain, the protocol, and vault security and governance.  Crypto lending vaults deposits grew from $1.5 billion to $10 billion. Source: BeInCrypto  Curators are the firms that decide where a vault deploys its capital. As a result, their choices can decide whether depositors get their money back during a market shock.  For crypto lending vaults, each assessment gives a forward-looking view of how likely investors are to suffer losses, S&P says. It will not comment on the yields that vaults advertise.  S&P Global risk factors for crypto lending vaults. Source: BeInCrypto  James Wiemken, head of global ratings services at S&P Global Ratings, pointed to uneven reporting across the sector.  Sponsored  Sponsored  “…the inherent complexities and varying disclosure

3 days agoIndustry

Coinbase says it cut a 90-case AI support test from 1–2 weeks to 30–45 minutes

Coinbase says it can now complete a support-testing cycle of roughly 90 cases in 30–45 minutes, work that previously took one to two weeks of manual setup and execution. The figure, disclosed by its engineers on Sept. 21, gives Coinbase CEO Brian Armstrongs push for an AI-native company a concrete example of automation reducing repetitive work.  The system, called Autopilot, tests the procedures that support bots follow when handling customer problems. It also retains human approval before procedure changes reach production. The next test for Armstrongs operating model is whether faster procedure development produces reliable support and accountable actions on customer accounts.  Customers need their account problems resolved correctly and their data accessed only with proper authority. Coinbases disclosures describe work to address both needs, while leaving the effect on customers unmeasured. Approving changes, restricting permissions and measuring real results remain operating responsibilities as the company automates more work.  Related Company Coinbase A leading digital currency company  Where the time saving comes from  Armstrong announced an approximately 14% workforce reduction in his May 5 memo, citing both a weak crypto market and AI changing how employees work. He proposed fewer management layers, leaders who also contribute directly, smaller AI-native teams and experiments with one-person teams.  The

3 days agoIndustry

Is a $10 XRP Price Realistic? What the Charts and Open Interest Show

XRP price is once again drawing attention from chart analysts as the token consolidates near key technical levels this week.  One trader sees a path toward $10, but derivatives data is urging investors not to get ahead of themselves.  XRP Price Performance. Source: BeInCrypto  Sponsored  Sponsored  What Is Driving the $10 XRP Price Target?  Crypto analyst Moustache has identified a multi-year descending broadening wedge on XRPs weekly chart. The pattern has been forming for almost two years. At the current price near $1.52, a move to $10 would mark a gain of nearly 560%.  The analyst called the structure “textbook” and remains constructive on the longer-term outlook. He acknowledged the breakout could still take time to play out fully.  Follow us on X to get the latest news as it happens.  XRP Price Analysis. Source: X/@el_crypto_prof  Sponsored  Sponsored  Shorter-term charts tell a similar story of coiled tension building beneath the surface. Analyst Ali Martinez noted that XRP is consolidating inside a triangle pattern and nearing its apex.  That zone often precedes larger price swings in either direction. Whale wallets have stayed largely on the sidelines, with combined holdings steady near 3.9 billion XRP over the past week. A decisive four-hour close above $1.53 could open the door toward $1.62 in the near term.  $XRP

3 days agoIndustry

Bitcoin ETFs Add $241M as 3-Week Streak Holds Despite 90% Slowdown

U.S. bitcoin ETFs attracted $241.08 million in the week through Oct. 2, extending their winning streak to three weeks even as inflows slowed sharply from the previous period.  Key TakeawaysBitcoin ETFs drew $241.08M last week, extending their inflow streak to three weeks.Blackrock led for bitcoin ETFs, while ether and zcash demand weakened.The key test is whether October flows stay positive as NEAR debuts with $58.35M in first-week inflows.  Blackrock Adds $450M as Bitcoin ETF Demand Splits  The flood of institutional money into bitcoin slowed last week, but it never disappeared.  After attracting $2.39 billion in the previous five sessions, U.S. spot bitcoin ETFs added a more measured $241.08 million between Sept. 28 and Oct. 2—a roughly 90% drop. Even so, that was enough to secure a third consecutive positive week.  The path was uneven.  Bitcoin funds brought in $31.07 million on Monday and $66.19 million on Tuesday, before a midweek $148.69 million outflow broke a nine-session winning streak. Buyers returned quickly, adding $102.67 million on Thursday and $189.84 million on Friday to finish out the week.  Blackrock‘s IBIT dominated the weekly picture with $450.18 million in net inflows, while Fidelity’s FBTC moved the other way, losing $167.94 million. Grayscale‘s GBTC shed $54.58 million, and Bitwise’s BITB lost

3 days agoIndustry

How Far Can 12 Straight Wins Take a Trader Who Is Still Down $22.8 Million?

Machi Big Brother has won 12 consecutive trades over the past week, earning $2.14 million, according to Lookonchain. The gains all trace back to one token.  Behind the streak sits a Hyperliquid account with a long losing record and about $151 million in open longs.  Sponsored  Sponsored  Inside the Week That Paid Machi Big Brother $2.14 Million  Every win in the streak came on Pump.fun (PUMP). Lookonchain first flagged the run on October 2, after 10 straight PUMP wins over 5 days. Those trades had made $1.34 million, so the 2 latest wins brought the total to $2.14 million.  Hyperbot shows 4 open perpetual positions on his account, all of them long. The largest is 33,800 Ethereum (ETH) at 25x leverage, worth $91.98 million.  Follow us on X to get the latest news as it happens  Machi Big Brother Open Positions. Source: Hyperbot  Bitcoin (BTC) follows at $39.26 million across 455 BTC, with 40x leverage. He also holds 164,500 Hyperliquid (HYPE) at 10x, worth $15.36 million.  His PUMP long has grown to 700 million tokens, worth $4.48 million. Lookonchains post put that position at 425 million tokens. The PUMP long is also the only one in the red, down about $50,557.  The 3 larger longs, meanwhile, carry about $2.3 million in

3 days agoIndustry

Oil Slips After G7 Agrees to Release 100 Million Barrels From Emergency Reserves

Oil prices slipped on Monday after the Group of Seven (G7) agreed to release 100 million barrels from emergency reserves. Rising crude exports from the Middle East added to the supply relief.  Brent crude traded at $101.69, down 0.55%, while West Texas Intermediate (WTI) fell 1.04% to $90.16, Trading Economics data showed.  Sponsored  Sponsored  Oil Prices on October 5. Source: Trading Economics  Follow us on X to get the latest news as it happens  Reserve Barrels and Returning Tankers Ease the Squeeze  G7 leaders agreed Friday to a 4-month release coordinated by the International Energy Agency (IEA). A statement from French President Emmanuel Macrons office said diesel releases would be front-loaded into the first 20 days. The deal came after pressure from US President Donald Trump.  “Facing unprecedented volatility in oil markets–with surging prices threatening economic stability and the well-being of our citizens–we have agreed on decisive, coordinated measures to stabilise immediate energy supplies, shield households and businesses from price shocks, and strengthen the long-term resilience of global energy systems,” the statement said.  Gulf tanker flows have also recovered. Crude transits through the Strait of Hormuz hit a 7-day average of 13.5 million barrels per day in late September, CNBC reported, citing Kpler data.  Shipments from the wider region, including

3 days agoIndustry

Bitmine stakes $13.8 billion in ETH as treasury tops 6 million tokens

Bitmine Immersion Technologies has raised its Ethereum treasury to 6,016,414 ETH after buying another 15,112 tokens over the past week, leaving the company just short of its target to own 5% of Ethereums supply.  SummaryBitmine bought another 15,112 ETH over the past week, raising its holdings to 6,016,414 ETH worth roughly $16.4 billion.The company now owns 4.9% of Ethereums 122.1 million token supply, putting it close to its stated target of holding 5%.Bitmine has staked 5,067,309 ETH worth $13.8 billion, representing 84% of its total Ethereum holdings.Current staking operations are projected to generate $363 million annually, rising to $431 million if Bitmine fully stakes its ETH holdings.Tom Lee said Bitmine has purchased ETH every week since launching its Ethereum treasury strategy on June 30, 2025.  According to Bitmine‘s Oct. 5 holdings update, the ETH position was valued at roughly $16.4 billion using a reference price of $2,726 per token. The company said its holdings represented 4.9% of Ethereum’s stated 122.1 million token supply.  Bitmine has continued buying ETH every week since launching its Ethereum treasury strategy on June 30, 2025, Chairman Tom Lee said. Its latest purchase followed a 17,362 ETH acquisition that took the company past the 6 million ETH level in

3 days agoIndustry

Agentic AI is becoming part of the crypto security workforce: Certik

Agentic AI has started taking over work once handled directly by human analysts across cybersecurity, anti money laundering and compliance, with autonomous systems now investigating threats, tracing funds and acting on security incidents with limited human intervention.  According to a new CertiK Intel3D report, the change goes beyond using artificial intelligence to flag suspicious activity or summarize information for analysts. Agentic systems can reason through multiple steps, call external tools and APIs, collect evidence, take actions in live environments and assess the results before deciding what to do next.  CertiK describes the emerging model as an AI security workforce, where autonomous systems operate within defined roles while human experts move toward supervision, quality control and accountability.  Agentic AI is moving from security assistant to operator  For much of the past decade, AI used in cybersecurity and compliance played a supporting role. Machine learning systems could identify anomalies, while natural language tools helped summarize alerts or prepare reports that were ultimately reviewed and acted upon by people.  Agentic AI changes how much of that process can happen without direct human involvement.  In a security operations center, CertiK said an autonomous system could investigate an unusual login, retrieve the device fingerprint and location history, compare the information against

3 days agoIndustry
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