# Wall Street Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Wall Street", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Wall Street Traders Shift Crypto Market Activity to Weekdays

For decades, Wall Street adhered to a strict Monday-Friday schedule, a rhythm initially challenged but not fully overturned by the 24/7 nature of cryptocurrencies. However, institutional adoption is now fundamentally reshaping crypto market dynamics, shifting most price discovery and trading activity to traditional U.S. market hours (9:30 AM - 4:00 PM ET). According to Kaiko Research, weekend trading volume has fallen from roughly 25% to about 16% of the total. This concentration creates a significant "liquidity vacuum" on weekends when institutional support withdraws. Analysis by BridgePort shows the market becomes more vulnerable: trading costs rise by an average of 11% due to wider spreads, market depth for $100k trades worsens by nearly 9%, and displayed liquidity drops over 5%. Consequently, smaller trades can trigger sharper price swings. The massive success of U.S. spot Bitcoin ETFs has been a key driver of this structural shift. While providing steady weekday demand, their complete inactivity on weekends exacerbates the liquidity gap. Large capital movements, like the over $0.5 billion withdrawn from U.S. spot ETFs since October 2023, are easily absorbed on weekdays but can cause significant turbulence on thinner weekends. Ultimately, weekend trading now requires heightened caution due to a "thin" market, absent major market makers, and multiplied risks of sudden price jumps and slippage. Understanding these hidden liquidity mechanisms has become crucial for navigating the new financial reality.

cryptonews.ru13h ago

Wall Street Traders Shift Crypto Market Activity to Weekdays

cryptonews.ru13h ago

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

The article titled "Gate Research Institute: Are Crypto Financial Products Sparking a 'Wall Street' Wave—Competition or Convergence?" explores the evolving relationship between the crypto ecosystem and traditional finance (TradFi). The piece begins by reflecting on Bitcoin's original 2009 vision of decentralization, disintermediation, and moving away from banks. It then contrasts this with the 2024 landscape, where key crypto assets like Bitcoin are increasingly held through Wall Street products like ETFs issued by giants like BlackRock. The article questions whether this signifies that TradFi is systematically taking over the rights to issue, price, custody, and distribute crypto financial assets. The core argument is that this is not a zero-sum takeover but rather a bidirectional convergence where each side addresses the other's weaknesses. Crypto offers 24/7 global markets, programmable settlement, and open access but lacks compliant channels, institutional-grade custody, deep fiat liquidity, and mainstream distribution. TradFi possesses these but is constrained by legacy systems, limited operating hours, and slow settlement. Two primary convergence paths are highlighted: * **Path A (CEX to TradFi):** Exemplified by Gate, which has progressed from offering tokenized stocks and CFDs to providing direct, real stock trading (US, Hong Kong, South Korea) within its platform, using USDT. * **Path B (TradFi to Crypto):** Exemplified by Robinhood, which has integrated crypto trading, acquired exchanges like Bitstamp, and is moving traditional assets like stocks onto the blockchain via tokenization and its own Layer 2. Both paths are ultimately competing to become the next-generation, unified financial account—a "super account" where users can seamlessly trade cryptocurrencies, stocks, ETFs, RWA (Real World Assets), and tokenized treasury products in one interface. The growth of RWA and tokenized treasuries (e.g., BlackRock's BUIDL) is presented as the asset-layer fusion, providing stable, yield-bearing assets on-chain and acting as a bridge between the two worlds. In conclusion, the "Wall Street-ization" of crypto is framed as a mutual transformation. Decentralized ideals persist in the protocol layer, while at the application layer, a more efficient, global, and accessible unified capital market is emerging from this convergence. The future competition lies not between crypto exchanges and stockbrokers, but between platforms vying to offer the most comprehensive asset coverage, liquidity, and user experience within a single account.

marsbit07/22 08:01

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

marsbit07/22 08:01

Clearing Giant with $114 Trillion in Assets Tokenizes Securities, Has Crypto Won?

On July 15, the US securities settlement giant DTCC conducted its largest production-level test for tokenization, marking a significant shift from previous workarounds. The test involved approximately 40 institutions, including major players like JPMorgan, Citadel Securities, and State Street, as well as crypto-native firms such as Circle, Chainlink, and Ondo Finance. For the first time, DTCC, which custodies over $114 trillion in securities, directly created on-chain "digital twin" tokens for stocks, ETFs, and U.S. Treasuries held in its depository (DTC). These tokens share the same CUSIP identifiers and legal rights as the underlying assets. Key transactions included JPMorgan tokenizing an Invesco QQQ ETF to post as collateral at CME Group and DriveWealth settling a tokenized equity trade with Vanguard. The test paves the way for the official launch of the DTCC Tokenization Service in October. This move centralizes the issuance authority for tokenized traditional securities with the core market infrastructure itself. While projects like Ondo Finance (which participated in the test) will continue providing distribution and DeFi integration, their underlying collateral can now be DTCC-issued tokens, enhancing transparency and credit backing. The initiative aims to unlock liquidity in collateral by enabling 24/7 settlement and transfer across venues, a direct efficiency gain for DTCC. The test culminates years of DTCC's blockchain exploration, utilizing two key infrastructures: a private Hyperledger Besu chain for internal control and the Canton network (co-chaired by DTCC and Euroclear) for interoperable, privacy-focused transactions with external institutions. The event signals institutional tokenization moving into a new, mainstream phase led by traditional finance incumbents.

Foresight News07/16 08:15

Clearing Giant with $114 Trillion in Assets Tokenizes Securities, Has Crypto Won?

Foresight News07/16 08:15

Wall Street Unanimously Bullish: ASML's Capacity Surge, The 'Peak Theory' for Memory Can Be Put to Rest

Wall Street is collectively bullish on ASML after the company reported a far-better-than-expected Q2 and significantly raised its full-year guidance, while providing a rare 2027-2028 capacity expansion roadmap. Key financials surpassed consensus: Q2 revenue of €9.3B beat estimates, with gross margin at 54%. The company raised its 2026 revenue outlook to €43-€45B and expects Q3 revenue of €11-€12B. Most notably, management outlined aggressive capacity increases for both Low-NA EUV and immersion DUV systems. EUV capacity is projected to reach ~85 units in 2027 (up ~30% from 2026) and potentially ~110 in 2028. DUV capacity is set to rise to ~169 units in 2027 and ~220 in 2028. These targets exceed prior market expectations, leading analysts to significantly revise up 2028 earnings estimates, with JPMorgan suggesting EPS could surpass €65. Major banks including Goldman Sachs, JPMorgan, and Barclays maintained Buy/Overweight ratings. Analysts view the roadmap as a direct rebuttal to narratives about an AI-driven demand peak or an imminent memory price top. ASML stated that AI demand is accelerating expansion in both logic (for nodes like 2nm) and memory segments (driven by DDR/HBM shortages and the transition to more EUV-intensive nodes like 1c/1d DRAM). This structural shift, alongside the high wafer intensity of HBM production, is seen extending the memory upcycle. While most reactions were positive, some nuance existed on whether the 2027 EUV guidance was sufficiently aggressive versus heightened expectations. Overall, the results are seen as validating sustained AI-driven demand and ASML's unrivaled position as the key beneficiary of the industry's advanced node transition.

链捕手07/15 14:57

Wall Street Unanimously Bullish: ASML's Capacity Surge, The 'Peak Theory' for Memory Can Be Put to Rest

链捕手07/15 14:57

On the Eve of the US Stock Inflation Test, Wall Street Faces the Most Severe 'Data Deception' in History

On the eve of the crucial US June CPI release, a significant credibility gap is emerging between official inflation data and consumer sentiment. While May CPI and PCE figures suggested a "concerning but not critical" picture, the University of Michigan Consumer Sentiment Index plummeted to its lowest level in nearly 50 years. This contradiction is prompting economists to question the reliability of key macroeconomic indicators. The core issue, as highlighted by labor economist Kathryn Anne Edwards, lies in a systemic flaw within the current inflation measurement framework. The Consumer Price Index (CPI) averages prices across a "market basket" meant for a "typical consumer," thereby masking vastly different inflation experiences across demographic groups. For instance, Bureau of Labor Statistics (BLS) research indicates that from 2006 to 2023, the lowest income quintile faced a cumulative inflation rate 7.7 percentage points higher than the highest quintile—a disparity largely invisible in the headline CPI number. This averaging effect means investors and policymakers relying on aggregate CPI may be basing decisions on a statistically smoothed figure that fails to capture the true distribution of economic pressure. Edwards argues that expanding this measurement framework is technically feasible, requiring primarily political will rather than new data collection. The BLS already tracks 100,000 items monthly; creating more granular indices for different family types, income levels, and housing statuses would mainly involve re-weighting existing data. The BLS has produced such experimental series before. A more nuanced data picture is crucial for accurate policy and market forecasting. Ultimately, improving measurement cannot solve underlying economic stresses. Edwards notes concurrent pressures like slowing hiring, stagnant wage growth, persistently high prices, rising credit card debt, a subdued housing market due to high rates, and AI's potential disruption to jobs. These factors collectively explain the deep chasm between official statistics and consumer pessimism. The key takeaway for markets is the need to look beyond a single headline CPI number. Understanding the divergence in inflation experiences across the population is critical for accurately assessing the real pressure within the economy, the path of Federal Reserve policy, and risks on the consumer side.

marsbit07/13 14:24

On the Eve of the US Stock Inflation Test, Wall Street Faces the Most Severe 'Data Deception' in History

marsbit07/13 14:24

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