Coinbase, Moov Bring Stablecoins to 1,000+ Banks

Coinbase and Moov will extend stablecoin services to 1,000+ community banks.The integration supports payments, settlement, payouts and real-time funding.Moov will connect Coinbases infrastructure with existing banking payment systems.  Coinbase has partnered with payments infrastructure provider Moov to bring stablecoin payment services to more than 1,000 U.S. community banks and credit unions. The integration will provide payment acceptance, settlement, and real-time funding through existing financial technology systems.  Coinbase and Moov Expand Stablecoin Access  The partnership combines Coinbase‘s regulated digital asset infrastructure with Moov’s established payments platform serving community financial institutions nationwide. This approach allows smaller banks to offer stablecoin services without developing separate cryptocurrency technology stacks.  Moov will integrate Coinbases Payments API and CDP Custodial Wallet accounts into its existing platform. The setup will support consumer stablecoin payments, merchant acceptance, settlement, and payouts for participating institutions.  For business and merchant transactions, Coinbase will also provide fully disclosed custodial accounts through the integrated infrastructure. Consequently, banks can access stablecoin capabilities while continuing to manage customer relationships through their existing systems.  Discover more  News  Compare Exchange Rates  Track Stocks Bonds  Coinbase Vice Chair Ryan VanGrack said community banks and credit unions have already seen customers use digital assets. The partnership aims to provide regulated infrastructure directly through systems these institutions already operate.  Moov CEO

09-12انڈسٹری

Dogecoin News: Bitwise Set to Close Dogecoin ETF in Less Than a Year

Key Insights:According to the latest Dogecoin news, Bitwise will liquidate and close its Dogecoin ETF (BWOW), with final trading on NYSE Arca set for October 14, 2026.Shareholders will receive the funds net asset value in cash on October 22, following the liquidation.Dogecoin remains active in the market, trading near $0.084, while recent developments include Solana integration and technical resistance around $0.10.  Bitwise Investment Advisers announced on Sept. 10, 2026, that it will liquidate and close the Bitwise Dogecoin ETF (NYSE: BWOW) in October 2026. The fund manager, based in San Francisco, noted the move was part of its efforts to “optimize their product range to evolve their investors needs.”  The exit will be a gradual one for BWOW. The ETF will be last traded on NYSE Arca on Wednesday, Oct. 14, 2026. After that, DOGE holdings will be converted to cash, and the fund will cease operations.  Remaining shareholders will receive the funds net asset value in cash on Oct. 22, 2026, with no action required on their part.  Dogecoin News: ETF Liquidation Timeline  Bitwise laid out the timeline in its Sept. 10 press release. BWOW‘s final trading day is Oct. 14, after which the fund will wind down. New share creations will stop before

09-12انڈسٹری

Tokenized stocks expand access, but what do investors legally own? Tessera PE founder explains

Tokenized stock transfers have climbed to $29.5 billion as new products extend market access, but Tessera PE founder Chan Ahn says investors could receive anything from direct share ownership to a contractual claim carrying no shareholder rights.  SummaryTokenized stocks can represent direct shares, custodial claims, or synthetic contracts with different legal rights.Company rules, securities laws, and underwriter lock-ups can limit transfers even when tokens move on-chain.Pre-IPO tokens lack the public prices and company disclosures needed for dependable secondary markets.Tokenizing private credit may extend access without making complex AI infrastructure risks easier to value.U.S. investors remain excluded from several tokenized stock products offered under Regulation S.  Tessera PE founder Chan Ahn told crypto.news that similar marketing terms often conceal substantial differences in what token holders own, how they receive dividends, and whether they can vote on company matters.  Ahn said he had not previously published an analysis of Securitize and based his comments about its model on publicly available information. He also separated Securitizes reported NYSE listing, the tokenization of its own stock, and its ability to support offerings for other issuers, saying each involves a different legal question.  Tokenized stocks can give investors three different claims  Under Ahns reading of a January SEC staff statement,

09-12انڈسٹری

Robinhood Chain Revenue Falls 83% From Its Peak While Trading Volume Sets Records

The chain kept $943,728 on Sept. 10 against $5.44 million on Sept. 4, its lowest daily take since Aug. 29. Transactions were flat and decentralized exchange volume over the week rose 27%. The average transaction cost $0.077 in gas, against $0.43 at the peak.  Robinhood Chain earned $943,728 in gas revenue on Sept. 10, down 82.6% from the $5.44 million it took on Sept. 4, DefiLlama data shows. Trading activity on the network did not fall with it.  Gas revenue tracks demand for blockspace. Robinhood Chain is clearing roughly the same number of transactions it cleared at the peak, at a fraction of the price, after the early-September congestion that pushed its base fee more than 20 times above its floor eased.  Sept. 4 is the networks record day for both fees and revenue, at $6.04 million and $5.44 million. By Sept. 10 the fee line was $1.05 million and the revenue line $943,728, the lowest daily figure since Aug. 29.  But activity doesn‘t track revenue decline. Decentralized exchange volume was $1.87 billion on Sept. 10 against $1.89 billion on Sept. 4. DEX volume over the seven days through Sept. 10 came to $12.34 billion, up 26.5% from $9.76 billion the previous week, and

09-12انڈسٹری

Joby Aviation, Inc. (JOBY) Stock: Surge as 2.42 Million Share Resale Filing Sparks Focus

TLDRJOBY rises 1.98% as a 2.42 million-share resale filing draws fresh market focus.Joby will receive no proceeds from Strata Criticals potential share resale.The registered shares equal about 0.24% of Jobys total outstanding common stock.Jobys autonomous J208 begins a month-long, 10-state coast-to-coast aircraft tour.Resale filing and J208 activity keep Jobys broader expansion strategy in focus.  Joby Aviation (JOBY) stock rose to $6.43, gaining 1.98% after recovering from an intraday low near $6.25 during Friday trading. The move followed a filing covering up to 2.42 million shares for possible resale by Strata Critical. The filing adds focus to Jobys acquisition activity and broader expansion across advanced air mobility and aviation services.  Joby Aviation, Inc., JOBY  Discover more  Choose POS Systems  stock  Track Stocks Bonds  Joby Aviation Files Resale Prospectus for 2.42 Million Shares  Joby Aviation filed a prospectus supplement covering 2,419,801 common shares currently held by Strata Critical Inc. The company issued those shares after acquired Blade Air Mobility operations met specific EBITDA milestones under the transaction agreement. Joby will not receive proceeds from any future resale completed by the selling stockholder under the registered offering.  The shares represent about 0.24% of Jobys roughly 996.3 million shares currently outstanding in the public market. Strata Critical may sell them through public transactions,

09-12انڈسٹری

Gold price dodges CPI shock as US yields hand bulls lifeline

Gold (XAU/USD) price bounces off daily lows beneath $4,300 on Friday and reclaims the 100-day Simple Moving Average (SMA) of $4,335 following the release of US inflation data, which fueled speculation that a Federal Reserve (Fed) rate hike next week is almost certain. At the time of writing, XAU/USD trades at $4,3737, up over 1.29%.  XAU/USD rebounds after CPI as Dollar reaction fades and yields slip  Augusts US Consumer Price Index (CPI) increased by 0.4% MoM, with an annual rise of 3.4%, both matching expectations. Core CPI went up 0.3%, slightly above the forecast of 0.2%; over the past year, it remained at 2.4%, down from July and in line with estimates.  The data strengthened the Greenback. But the initial reaction waned even though money markets have priced in a 91% chance of a rate hike by the Federal Reserve at next weeks meeting, according to Prime Terminal.  Source: Prime Terminal  Hence, the US Dollar Index (DXY), which tracks the performance of a basket of six currencies against the Greenback, clings to 99.00, down a minimal 0.05%.  The University of Michigan Consumer Sentiment for September deteriorated as US households are becoming pessimistic. The index fell from 51.7 to 47.8, missing forecasts of 51. Joanne Hsu, the

09-12انڈسٹری

Bitcoin Price Spikes Near $80K as CPI Matches Forecasts

Bitcoin briefly spiked to $79,837 following the release of August CPI data that matched projections, but volatile intraday trading triggered over $732 million in crypto liquidations.  Key TakeawaysBitcoin spiked to $79,837 on Friday after BLS reported August CPI data matching economists projections.Severe price swings triggered over $732M in total crypto liquidations, with shorts taking $424M in losses.Prediction market odds for a Fed rate hike rose to 82%, while Ray Dalio warned of stagflation risks.  Volatile Trading Triggers $732M in Liquidations  Bitcoin briefly reclaimed $79,000 Friday after the U.S. Bureau of Labor Statistics released August Consumer Price Index (CPI) data that aligned with economists projections. Bitstamp data showed the cryptocurrency surged to $79,837 as the sudden spike put Bitcoin on course to breach $80,000.  Before the surge, the top cryptocurrency was reeling from bearish sentiment sparked by the release of hotter-than-expected Producer Price Index data less than 24 hours earlier. As reported by Bitcoin.com News, the bitcoin price slid to a one-week low of $76,651 from just over $78,000 soon after the data release, before rising to settle above $77,000.  The price continued to fluctuate around that threshold until 8:30 a.m. EST, when a flash crash sent the cryptocurrency tumbling to $76,040. An equally rapid surge

09-12انڈسٹری

Oracle (ORCL) Stock Soars on AI Demand as Inflation Fears and Treasury Yields Shake Markets

Key HighlightsAugust inflation climbed 0.4% monthly and 3.4% annually, driving Fed rate increase probability to 85%Brent crude oil touched nearly $110 per barrel before retreating over 3%Oracle delivered 30% revenue expansion with $664 billion in AI cloud commitmentsAdobe exceeded earnings expectations but declined on weak forward guidance amid AI rivalry concerns10-year Treasury yield approached 5%, potentially redirecting capital from equities  Persistent Inflation Drives Fed Tightening Expectations to 85%  August inflation figures revealed continued pricing pressures across the U.S. economy. The Consumer Price Index advanced 0.4% from July and registered a 3.4% annual increase.  Core CPI, excluding volatile food and energy components, posted a 0.3% monthly gain. This reading exceeded economist forecasts.  Market participants responded by adjusting rate expectations. Futures contracts now indicate an 85% likelihood that the Federal Reserve will implement a rate increase at its September policy meeting.  Elevated interest rates increase corporate financing costs and apply downward pressure on valuations for growth-oriented equities.  Crude Oil Spikes to $110 Before Sharp Reversal  Brent crude climbed to approximately $110 per barrel during trading hours, marking its peak since May.  Prices subsequently declined over 3% following reports suggesting potential diplomatic discussions regarding regional shipping lanes.  Discover more  News  financial  stock  Despite the intraday retreat, Brent remains positioned for an 8%-plus weekly advance.  Supply constraints persist

09-12انڈسٹری

US Dollar Weekly Forecast: Can sticky inflation rescue the Dollar?

The week that was  There was no respite to the downward trend for the US Dollar (USD) this week, which added to the prior weeks retracement and at some point flirted with the area of four-month lows.  Indeed, after trading at levels just shy of its psychological 100.00 barrier early in the month, the US Dollar Index (DXY) has come all the way down to challenge the 98.50 zone, extending its negative streak for the third month in a row.  There was no BoJ-MoF FX intervention chatter; nothing big has moved on the geopolitical front other than the continuous (and boring) up-and-downs over who fired first and radio silence from Federal Reserve (Fed) officials due to the usual pre-Fed blackout period. The only asset that keeps reacting to the Middle East crisis is, exclusively, crude Oil.  Not even the US money market, with a needle-like move in the short end of the curve, was able to provide some fresh oxygen to the Greenback.  And then came the long-awaited US inflation figures, showing that consumer prices kept running hot last month and, of course, well above the Fed‘s target. Seeing the weight that inflation carries on Chair Kevin Warsh’s Fed, investors may seem a tad more

09-12انڈسٹری

HOOD Stock Gets $165 Target as Analyst Predicts Robinhood Chain Revenue to Hit $365M

The Robinhood (HOOD) stock price has traded near the flatline today, despite the recent bullish outlooks from market experts. Its worth noting that investors are also evaluating the consolidated trading of HOOD stock today, despite a surge in crypto prices.  Amid this, a renowned analyst has raised its price target for Robinhood stock to $165. The analyst also lauded the robust growth in Robinhood Chain, saying that the platform may generate $365 million in revenue, which has further fueled discussions among traders.  Analyst Raises Robinhood (HOOD) Stock Price Target  Robinhood stock price was down around 0.2% today and traded at $113.08, after closing the prior session at $113.33. However, despite the recent consolidation, the HOOD stock price has added nearly 20% over the past 30 days.  Discover more  Finance  News  Track Stocks Bonds  Source: Yahoo Finance  Amid this, the investment banking firm Citizens JMP has raised its price target for HOOD stock to $165 from $155 while maintaining a “Market Outperform” rating. The updated outlook reflects growing expectations for Robinhoods blockchain ambitions, particularly its emerging Robinhood Chain initiative.  According to the analyst, Robinhood Chain could contribute approximately $1 million in net revenue per day once its activity is reflected in the companys 2027 estimates. That would translate to roughly $365

09-12انڈسٹری
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