'Don't underestimate the President': Trump's Kevin Hassett backs $5,000 dividend checks idea

White House National Economic Council Director Kevin Hassett says President Donald Trumps $5,000 payment plan can move forward without worsening federal finances. The proposal would cost above $1 trillion, with US debt near record levels.  Kevin pushed back on the borrowing concern Thursday. “We can do it in a fiscally responsible way,” he said. “It is a serious proposal.” Trump first floated the payment idea earlier this week and tied it to Republicans keeping control of Congress.  Kevin said the White House sees the payments returning part of the countrys economic gains to households directly. “Because of all the growth and all the wealth being created in the US, the president thinks we need to return more of that to the American people,” he said.  Discover more  Brokerages & Day Trading  Distributed & Cloud Computing  Merchant Services & Payment Systems  A reconciliation bill would be one way. This is a procedure that allows the majority party in Congress to pass certain fiscal bills without needing the approval of the opposition party. Kevin did not list any specific areas where cuts could be made or revenues raised.  Asked what could be paired with the checks, he said that part would have to be “negotiated with Congress.” He added: “The

09-12Industry

Analyzing Bitcoin Cash‘s 10% drop: What’s next for BCH whales?

Bitcoin Cash [BCH] declined roughly 10% over the past day.  Interestingly, whale-sized orders dominated activity across BCHs Spot and perpetual markets during the decline.  What were BCH whales doing?  Analysis showed whale-sized orders dominated both markets during the past 24 hours.  Average Order Size measures the average volume traded per transaction. The Futures Average Order Size stood at 164.47, compared with the Spot Average Order Size at 152.51.  Source: CryptoQuant  Whale involvement can shape market direction. However, Average Order Size alone cannot reveal whether those orders were buys or sells. Their actual Spot and Perpetual positions offered a clearer view of their directional influence.  Positioning split: spot holds, futures sells  Theres a split in the positioning across both sides of the market. In the futures market, the surge in order size corresponded with a growth in selling pressure in the perpetual market.  The Bitcoin Cash [BCH] Open Interest Weighted Funding Rate, at the time of this writing, has become extremely negative, with a reading of -0.0244% on the chart.  Source: CoinGlass  This implies that, in relation to the capital in BCHs perpetual market, roughly $356 million, the majority of the positions are from sellers in the market. This implies whales are more likely to have opened short positions on BCH within

09-12Industry

Ripple News: GSmart AI Expansion Adds Controls to Corporate Treasury

Key Insights:GSmart expands treasury AI in Ripple news, keeping humans in control of decisions.Ripple says 60% of eligible customers enabled Risk Insights; 44% use Forecast Insights.GSmart separates financial calculations from AI policy analysis and explanations.  Ripple news focuses on an expansion of GSmart, bringing additional artificial intelligence tools into corporate treasury operations. Ripple said the capabilities span forecasting, liquidity, risk, reconciliation, and reporting, with human approval required before financial actions proceed.  The system combines automated monitoring with organizational policies that determine how agents develop and present recommendations. The expansion builds on GSmart features already operating among Ripple Treasurys enterprise customers.  Ripple news announces the GSmart AI expansion | Source: Ripple  Alongside the announcement, Ripple disclosed customer adoption figures for tools that monitor financial exposures and cash flow forecasts. Those tools form part of a broader platform covering traditional cash and digital assets.  Ripple News: Treasury Teams Retain Approval Authority  GSmart separates financial calculations from the AI functions that interpret information. Deterministic engines handle the calculations, while AI identifies patterns, interprets policies, and explains recommendations. Treasury teams retain authority over every financial action, according to Ripples description of the system.  Discover more  Choose POS Systems  Open Trading Account  FINANCE  Within that structure, orchestrated agents monitor forecasting, planning, liquidity, risk, reconciliation, and reporting

09-12Industry

Ethenas USDe and sUSDe Go Live on TRON Through Stargate

TLDR:USDe and sUSDe are now live on TRON through Stargate Finance for cross-chain transfers.The launch gives TRON users access to Ethenas dollar-pegged and rewards-bearing assets.JustLend DAO and SUN.io will be among the first TRON platforms to support the assets.Ethena gains exposure to TRONs 403M+ accounts and growing stablecoin settlement ecosystem  USDe is now live on the TRON network, alongside its yield-bearing counterpart sUSDe, following an announcement from TRON DAO and Ethena Labs.  The two organizations confirmed the integration on September 11, 2026, from Geneva and Lisbon. Users can bridge, hold, and transfer both digital dollar assets across TRON through Stargate Finance.  The launch links Ethenas stablecoin products with one of the largest stablecoin settlement networks worldwide.  Stargate Bridge Opens Access Across TRON  TRON DAO confirmed the launch through its official X account, stating that “USDe and sUSDe are now live on #TRON.” The announcement also highlighted Stargate Finance, which enables users to “bridge, hold, and transfer both assets” across the network.  Discover more  NEWS  Stock  FINANCE  USDe and sUSDe are now live on #TRON.  This extends Ethena‘s lineup to TRON’s existing user base immediately. USDe joins TRONs stablecoin options as an added dollar-pegged token for daily use.  Meanwhile, sUSDe gives TRON users first-time access to Ethena‘s rewards-bearing product on this chain. Both

09-12Industry

Dell Stock Analysis: $95B AI Backlog Drives Record Rally

Dell stock surged roughly 12% to a fresh all-time high, driven by record earnings and a $95 billion AI server backlog. The session printed a nearly 50-point range between $519.39 and $567.75. The technical structure must now absorb this news-driven repricing.  DELL — daily chart with candlesticks, EMA20/EMA50 and volume.Key takeawaysDell stock surged ~12% to close at $567.13, marking a fresh all-time highThe rally was fueled by a $95 billion AI server backlogand a raised outlookDaily and hourly trend structures remain bullish, but the 15-minute chart shows overbought exhaustionDaily RSI at 66.55 leaves room for continuation; 15-minute RSI at 69.2 signals near-term cautionAnalyst targets point higher: Evercore ISI at $650, RBC with ~26% upside  Dell Stock Daily Structure: A Textbook Bullish Regime, But Extended  The daily trend on Dell stock is unambiguously bullish. Moving averages form a clean stack, with EMA20 at $488.9, EMA50 at $449.26, and EMA200 at $309.12. Price closing at $567.13—well above all three—leaves no doubt about direction.  Momentum backs up the trend convincingly. The daily MACD line stands at 25.68 against a signal line of 17.73, producing a histogram of 7.95. That is a strong positive reading and shows momentum is still expanding, not fading. Meanwhile, RSI14 at 66.55 is

09-12Industry

Grayscale Says Zcash Miners Earn Twice Bitcoin Revenue Per

Zcash mining has become more profitable in 2026 as the cryptocurrencys higher price boosts miner revenue across the network. Grayscale Research estimates that a typical Zcash mining machine now generates about twice the revenue of a comparable Bitcoin machine.  Zach Pandl, a director at Grayscale Research, estimates Zcash miners earn about $2 million a day across the network, compared with roughly $35 million for Bitcoin miners. Bitcoins much larger mining network accounts for the wider gap in total revenue.  Zcash Gains an Energy Advantage  The gap is wider when measured by electricity use. Zcash mining generates about four times as much revenue per megawatt-hour as Bitcoin mining, giving operators higher revenue relative to power consumption.  Related: Zcash Price Prediction Targets $1,500 as ETF AUM Tops $500 Million  Zcash mining activity has also risen more than 2.5 times since January. Higher ZEC prices have given miners more incentive to add computing power and expand operations.  Rising ZEC Prices Drive Mining Growth  ZEC rose above $1,000 on Sept. 4 before giving up much of those gains, showing how quickly mining revenue can change with the tokens price.  Zcash miners use equipment designed for the Equihash algorithm, while Bitcoin miners rely on SHA-256 machines, limiting how easily operators can switch between

09-12Industry

Solana Tokenized Stocks Hit Record $684M as Trading Surges

Key TakeawaysSolana tokenized equities hit a record $684M as real-world asset inflows accelerated.GRND token volume topped $31M in 24 hours, briefly outpacing its NYSE-listed stock.Solana must prove onchain stock liquidity can sustain momentum beyond short-term surges.  Solana Draws $354M in RWA Inflows as Stock Tokens Expand  Solanas push into tokenized equities is no longer a niche experiment.  The value of tokenized stocks and funds on the network has reached a record $684 million, while Solana attracted roughly $348 million to $354 million of real-world asset inflows over the past 30 days.  The growth coincides with a broader rebound in network activity. Solana recently reached a one-year high for decentralized exchange transactions, with activity nearly doubling from a year earlier.  The Solana account summed up the mood more simply: “Incredible Things Happening On The Solana Blockchain.”  Source: Solana on XTokenized Stocks Are Starting to Produce Real Volume  One of the clearest signals came from tokenized Grindr shares.  The Solana-based GRND token generated about $31 million in trading volume in less than 24 hours following its launch. That was almost twice the roughly $16.6 million traded in the underlying stock on the New York Stock Exchange the previous day, and above its roughly $25 million average daily volume.  Backpack founder Armani

09-12Industry

Tokenized Stocks Market Shifts from Issuance to Distribution, Binance Research Says

TLDR:Active tokenized stock market cap surged 314% in 2026, reaching $4 billion by September 9.bStocks and Robinhood captured 87.8% of tracked issuer trading volume in September so far.DeFi total value locked for tokenized stocks jumped to $289 million, now 7.2% of active cap.Stock-paired meme markets generated a combined $5.4 billion across BNB and Robinhood Chain networks.  Binance Research said the tokenized stock market is shifting from an issuance race toward distribution and usage. The research team found active tokenized stock market capitalization has risen 314% this year to $4 billion.  Monthly trading volume increased from $237 million in January to $7.9 billion in August, while turnover rose from 0.23x to 2.14x.  Binance Research said stronger platforms will convert users, retain liquidity and give tokenized stocks added on-chain utility.  Trading Activity Outpaces Issuance  Binance Research found active tokenized stock market capitalization rose from $965 million to nearly $4 billion by September 9. On-chain market capitalization reached $4.7 billion over the same period.  The research team said this expansion reflects steady growth in the number of tokenized stocks available to traders.  Discover more  Digital Currencies  Currencies & Foreign Exchange  Stocks & Bonds  According to Binance Research, trading volume expanded far faster than the underlying asset base. Monthly issuer volume rose from $237 million

09-12Industry

Robinhood Crypto Trading Volume Jumps 61% to $17.5B in August

TLDR:Robinhood crypto trading volume rose 61% to $17.5 billion in August. However, total activity stayed 38% below August 2025 levels.Bitstamp processed $10.1 billion, or 58% of the August crypto total. The Robinhood App handled the remaining $7.4 billion.Robinhood event contracts reached 4.7 billion trades in August. Activity fell 23% monthly but increased fifteenfold from one year earlier.Total platform assets rose 26% annually to $384 billion. Funded customers reached 28.6 million, while margin balances hit $21.5 billion.  Robinhood crypto trading volume climbed 61% month over month to $17.5 billion in August, reversing July‘s slowdown across its platforms. Bitstamp handled $10.1 billion, while the Robinhood App generated $7.4 billion. Yet total crypto turnover fell 38% from August 2025, showing the rebound stayed below last year’s pace. Robinhood released the figures Thursday.  The release also showed rapid growth outside digital assets. Customers traded 4.7 billion event contracts, 15 times the year-earlier total. Meanwhile, platform assets reached $384 billion, up 26% annually. The figures place cryptos rebound within broader operations spanning equities, options, margin lending, cash, futures, and prediction markets.  Robinhood Crypto Trading Volume Rebounds as Bitstamp Leads  Robinhood reported $10.9 billion in crypto turnover during July, its quietest month since April. August added $6.6 billion, lifting average

09-12Industry

Banks get cross-exchange crypto hedge relief under Canadas new 2027 capital rule

Canadas banking regulator has finalized a narrow change to its crypto capital rules that should reduce capital overstatement for some market-neutral positions without broadly easing how banks must treat digital-asset risk.  The Office of the Superintendent of Financial Institutions 2027 guideline, published Sept. 10, treats all regulated exchanges of traditional financial assets as one exchange when banks calculate delta risk for qualifying Group 2a crypto exposures. That allows positions in the same crypto asset on different qualifying regulated exchanges to receive full capital recognition when they also have the same time to maturity.  What changes, and what does not  The change addresses a specific mismatch between trading practice and capital calculations. In its May consultation backgrounder, OSFI said banks primarily use market-neutral strategies for crypto exposures and that prices for the same asset tend to move almost identically across major regulated exchanges. Treating each venue separately could therefore make the calculated risk, and the capital held against it, larger than the underlying position warranted.  The final treatment does not create unconditional offsetting. It applies only to Group 2a exposures that satisfy the guidelines hedging-recognition tests, including product structure, regulatory approval or qualifying clearing, liquidity and data-history conditions. Positions associated with unregulated exchanges do not

09-12Industry
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