Hyperliquid shows how onchain perps could challenge Wall Street: Pantera
Perpetual futures and Hyperliquid’s blockchain infrastructure are expanding into traditional asset classes with around-the-clock trading, according to Pantera Capital.
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The post Wall Street sets Salesforce stock price target for next 12 months appeared on BitcoinEthereumNews.com. By July 8, Salesforce’s (NYSE: CRM) 2026 market and business performance appears to have started getting reflected in the CRM stock price targets and ratings. Specifically, Jackson Ader, a KeyBanc analyst, revealed in a Wednesday note that he has downgraded the equity from ‘Overweight’ – ‘Buy’ – to ‘Sector Weight’ – ‘Hold.’ The Wall Street expert explained that, while his institution’s opinion that the ‘Death of SaaS’ narrative is overstated due to Salesforce’s position and incumbency advantage remains, it appears that the road to greater success will prove longer than previously expected. Indeed, while still estimating that Agentforce can succeed, Ader offers some rather scathing remarks that finding evidence for the company’s narrative about artificial intelligence (AI)-related growth has proven difficult. Furthermore, the analyst concluded that the new and novel product
Read full articlePerpetual futures and Hyperliquid’s blockchain infrastructure are expanding into traditional asset classes with around-the-clock trading, according to Pantera Capital.
The oversubscription highlights the intense investor appetite for AI infrastructure, signaling a robust future for tech-driven market growth. The post SK Hynix’s $28B US share sale oversubscribed seven times as AI infrastructure fever grips Wall Street appeared first on Crypto Briefing.
The post Tokenized equities surge 105% as Wall Street joins the race appeared on BitcoinEthereumNews.com. Tokenized stock transfers rose 105% over the past month to $8.41 billion, according to RWA.xyz data cited in market reports. The jump shows faster activity in on-chain equity markets as crypto platforms and traditional finance firms expand tokenized stock products. Summary Tokenized stock transfers doubled in one month as on-chain equity demand moved beyond early experiments. DTCC’s tokenization pilot gives Wall Street a regulated path to test on-chain stock settlement. Crypto exchanges and traditional firms now compete to control tokenized stock trading infrastructure worldwide. Tokenized stocks. Source: RWA.xyz The sector’s distributed value also climbed 43% to $2.16 billion. The number of holders rose 17% to more than 409,000, showing that growth came from both transfer activity and user participation. Figure recorded the fastest growth among major platforms, with distributed va
Tokenized stock transfers jumped 105% to $8.4b as DTCC, Nasdaq, Kraken and other firms expand on-chain equity plans.
The post Bank of America opens $520 million credit line to OpenAI before IPO appeared on BitcoinEthereumNews.com. The Bank of America has offered a $520 million credit line to OpenAI, with the ChatGPT maker preparing to go public in an IPO. This move pulls one of Wall Street’s largest institutions deeper into the business of financing AI. This hands the Bank of America a foothold in what could become one of the biggest listings ever, and also signals that a historically cautious bank now sees AI startups as worth the financial risk. Bank of America makes a U-turn Bank of America, run by CEO Brian Moynihan, had kept its distance from AI startups because a lot of them kept losing money. However, increased competition in the AI financing sector has changed this. OpenAI had already pulled in more than $5 billion from other financiers, and the bank has calculated that sitting out meant potentially losing access to an IPO that could feed its Merrill Lynch wealth-management arm. The bank is a
The post Levi Strauss (LEVI) Q2 2026 earnings appeared on BitcoinEthereumNews.com. A view of Levi Strauss & Co. headquarters on July 8, 2026 in San Francisco, California. Heather Diehl | Getty Images Levi Strauss beat Wall Street’s quarterly expectations on the top and bottom lines on Wednesday, leading the retailer to increase its guidance and its dividend. The denim maker is now expecting full-year adjusted earnings per share to be between $1.46 and $1.52, up from a prior range of between $1.42 and $1.48. At the high end, that’s ahead of expectations of $1.50 per share, according to LSEG. Levi also raised its top line outlook and is now expecting full-year sales to rise between 7% and 7.5%, compared to a prior range of between 5.5% and 6.5%. That’s ahead of expectations of 6.6%, according to LSEG. About half of that growth is expected to come from higher prices and the other half is expected to come from unit sales, said finance chief Harmit Singh. Here’s how Levi did in its secon
The post 46 states reach $45 million Cash App settlement with Block over fraud appeared on BitcoinEthereumNews.com. Block (NYSE: XYZ) agreed to pay $45 million and rebuild Cash App’s fraud protections to settle claims from 46 state attorneys general that it misled users about the app’s safety and abandoned fraud victims, the coalition announced Wednesday. The bipartisan group, led by Oregon and Texas, said the payments company assured Cash App’s 56 million-plus users that their money was as safe as it would be in a bank, even as fraud on the platform climbed. New York Attorney General Letitia James, who helped secure the deal, said Block “cared more about profits than protecting its users.” Who gets the money? The $45 million will be shared by the participating states rather than paid to consumers directly. New York takes $1.6 million in penalties, Washington takes $1.8 million, Connecticut collects $1.5 million, while New Jersey gets $892,753, and Massachusetts gets $730,000. Nebraska
The post Bitcoin ETFs ‘Turning a Corner’ After Record Bleed Hits $8 Billion appeared on BitcoinEthereumNews.com. In brief Bitcoin ETFs have generated $510 million in net inflows over the past three days. Sentiment could be turning a corner, according to 21Shares’ James Butterfill. The products have bled roughly $8 billion over the course of eight weeks. Wall Street’s favorite crypto vehicles have notched net inflows for three consecutive days, reversing a record slump as investors cautiously wade back into Bitcoin. Exchange-traded funds tied to the digital asset have pulled in roughly $510 million since Friday, marking a shift in momentum from the “largest run of outflows we’ve ever seen,” James Butterfill, head of research at asset manager 21Shares, told Decrypt. “It looks like sentiment might be turning a corner,” he said. “They are the largest inflows we’ve seen since the outflows began in early May, suggesting we’re maybe through the worst of it.” Despite their overwhelming popular