The post EDX Markets’ $76M Round: Wall Street’s Crypto Bet appeared on BitcoinEthereumNews.com.
EDX Markets just closed a fresh $76 million round, and the headline is less about the number and more about who is still writing checks for crypto infrastructure. The answer: the same crowd that obsesses over execution quality, counterparty risk, and post-trade reconciliation. That’s the quiet story of 2026. Not shiny tokens. Not slogans. Pipes. Order routing. Settlement. And a lot of institutional desks asking for a crypto stack that feels like the equities and FX stacks they already trust. EDX’s new capital was led by SBI Holdings, with reporting that SBI was the sole investor in the Series C. Add in a new OEMS link-up that pipes EDX’s central limit order book into a tool buy-side desks already use, and you can see the playbook forming. If you’re trying to read the room on Wall Street’s crypto appetite, this is it. They still want the plumbing.
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The post Ethereum Institutional Launches As New Nonprofit Bridge To Wall Street appeared on BitcoinEthereumNews.com.
Bitcoin ETFs drew the headlines, but the bigger shift on Wall Street is still taking shape behind closed doors. Banks that tentatively warmed to crypto via regulated funds are now being asked a harder question: what do they actually understand about the protocols beneath the tickers? A new nonprofit called Ethereum Institutional aims to answer that. The organization, the original report shows, is stepping into a gap that the industry has often left to consultants and sell-side pitches — direct, neutral education for financial institutions about Ethereum’s mechanics, risks, and use cases. That gap is not trivial. The same cohort of institutions that poured into spot Bitcoin products has been slower to engage with Ethereum beyond speculative exposure. Smart contracts, staking dynamics, L2 fragmentation, and MEV are not exactly standard curriculum on a trading floor. Ethere
The post Raymond James shocks Wall Street with $800 SpaceX stock target appeared on BitcoinEthereumNews.com.
SpaceX shares have gained fresh momentum after Raymond James initiated coverage with an $800 price target, implying about 440% upside from current levels. Summary Raymond James initiated SpaceX with a Strong Buy rating and an $800 price target, implying about 440% upside. Wall Street support strengthened as Morgan Stanley, Goldman Sachs, Citigroup, UBS, and Wells Fargo also issued bullish ratings. SpaceX expanded its Starlink plans, Ark Invest added shares, and the company’s Bitcoin holdings remained in focus. According to Raymond James, the brokerage has started coverage of SpaceX with a Strong Buy rating and an $800 price target, making it one of the most optimistic forecasts issued by a major Wall Street firm. $SPCX – SPACEX COULD SOAR 440%, SAYS RAYMOND JAMES Raymond James launched SpaceX coverage with a Strong Buy rating and a Street-high $800 target, implying 440% upside.
SpaceX shares have gained fresh momentum after Raymond James initiated coverage with an $800 price target, implying about 440% upside from current levels. According to Raymond James, the brokerage has started coverage of SpaceX with a Strong Buy rating and…
Manchester United's crypto ventures highlight football's evolving financial strategies, intertwining sports with digital asset market dynamics.
The post Manchester United signs Karl Darlow, a reminder that football clubs are quietly building crypto infrastructure appeared first on Crypto Briefing.
The post SK Hynix’s Nasdaq Debut Opens Wall Street’s Door to the AI Memory Boom appeared on BitcoinEthereumNews.com.
Key highlights: SK Hynix is set to begin trading on Nasdaq under the ticker SKHY on Friday (July 10), giving U.S. investors direct exposure to the AI memory market The company is the leading supplier of high-bandwidth memory (HBM) chips used in Nvidia’s AI accelerators SK Hynix plans to raise approximately $29 billion while investing hundreds of billions of dollars into global AI infrastructure expansion South Korean semiconductor giant SK Hynix is preparing for its highly anticipated Nasdaq debut on Friday, July 10, giving U.S. investors a new way to gain exposure to one of the biggest winners of the artificial intelligence boom. While Nvidia has become the face of AI infrastructure, many of the industry’s most critical components come from suppliers operating behind the scenes. Among them, SK Hynix has emerged as one of the most important. The company is now the world’
The post Wall Street sets Amazon stock price for the next 12 months appeared on BitcoinEthereumNews.com.
As Amazon.com, Inc. (NASDAQ: AMZN) stock signaled an end to June’s correction in early July, John Blackledge, a Wall Street analyst from TD Cowen, maintained a bullish outlook for the next 12 months. Blackledge reiterated a Buy rating for Amazon stock over the next 12 months, according to a note sent to clients analyzed by Finbold on July 9. He further lowered his 12-month price target for AMZN shares from $350 to $340, thus signaling a potential 40.6% upside. The analyst signaled bullish sentiment on Amazon stock, following a similar move from Eric Sherida, an analyst at Goldman Sachs Group Inc. (NYSE:GS). Earlier this week, Sherida reiterated a Buy rating for AMZN shares and raised his 12-month price target to $335 from $325. Meanwhile, Laura Martin, an analyst at Needham, maintained a Buy rating on Amazon stock, as Finbold reported. As such, 45 Wall Street analysts surveyed by Ti
The post Ethereum’s newest nonprofit wants to become Wall Street’s guide to crypto appeared on BitcoinEthereumNews.com.
For Ethereum Institutional’s founders, becoming an independent nonprofit rather than remaining within the foundation was a deliberate choice. “The EF has always been quite vocal about its principle of subtraction,” Dawson said, referring to the organization diving up responsibilities for the network to other organizations . “This is an example of that increasing decentralization, and the number of nodes participating in representing Ethereum.” Operating outside the foundation also gives the organization greater freedom, Walsh said. “We feel like we have a lot more autonomy and freedom to work as an independent entity,” he said. “We can get a bit more opinionated, and a bit more aggressive, in terms of being able to support these teams.” For years, the Ethereum Foundation has walked a careful line in how much influence it exerts over the ecosystem. Its mandate has larg
The post Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first appeared on BitcoinEthereumNews.com.
Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 built on Arbitrum for tokenized stocks, real-world assets, DeFi lending, and AI-native finance. One week in, the chain’s loudest retail activity is driven by CASHCAT, a memecoin built on Robinhood’s own discarded “CashCat” name. The token reached nearly $150 million in market cap and over $159 million in 24-hour volume. CASHCAT gained liquidity, price charts, and social attention through Uniswap V3 pools and third-party launch and routing infrastructure, including Noxa.fun and Pump.fun, rather than through Robinhood’s own app-listing process. An explainer graphic outlines six steps showing how CASHCAT gained liquidity, price charts, and trading volume on Robinhood Chain without a formal listing. Behind an unapproved listing Robinhood built
