Robinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rights
Robinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rightsAdam Aron threatened legal and SEC scrutiny; Robinhood's legal chief said the Jersey-issued debt product will remain.
Good to see you this Saturday.Bitcoin’s move below $80,000 puts macro policy back at the center of crypto risk, with the August jobs report narrowing the room for easier Fed expectations. The immediate question is whether Sept. 11 CPI confirms the inflation pressure that could keep financial conditions restrictive. Higher US yields and a stronger dollar have already tested Bitcoin’s resilience, while Japan’s 4% bond-yield spike raises the cost of financing future corporate Bitcoin purchases. Investors are also watching whether stress signals in EUR/JPY translate into actual funding strains; for now, Fed liquidity facilities show no such break. Meanwhile, Robinhood has rejected AMC CEO Adam Aron’s demand to halt its AMC-linked tokenized “meme stock,” which offers economic exposure but no shareholder rights. Aron threatened SEC scrutiny, while Robinhood says it stands behind the product issued by its Jersey affiliate as a debt security. The global crypto market cap is $2.7 trillion, with a 24-hour volume of $59.54 billion. The price of Bitcoin is $79,756.20, and BTC market dominance is 59.4%. The price of Ethereum is $2,457.84, and ETH market dominance is 11.1%. The best-performing sector is Crowdfunding, which gained 31%. The Crypto Fear & Greed Index is currently Greed (73). Ad: WINNLY Makes Mobile Gaming Rewarding — Play, Compete, EarnWINNLY lets players compete in 100% skill-based mini-games, climb leaderboards, and earn coins redeemable for gift cards from Amazon, PlayStation, Netflix, and more. 📰 Top NewsRobinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rightsAdam Aron threatened legal and SEC scrutiny; Robinhood’s legal chief said the Jersey-issued debt product will remain. Bitcoin dips below $80,000 as a hot August jobs report shifts Fed policy expectationsAugust payrolls weakened the case for patience, leaving Sept. 11 CPI as Bitcoin’s next decisive volatility test. Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from tradersIts 10.8 million-XRP custody position is 97.5% offset by futures, and CFTC categories complicate the obvious answer. Ad: Cracking 1.33 Trillion Daily Tokens: B.AI Powers the “AI Grid” with Full-Stack Infrastructure to Fuel the Agentic EraB.AI said its free model-access campaign drove 1.33 trillion daily tokens while it builds routing, payment, and agent collaboration tools. 🗞️ More News
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