Search results for "KEN"
17:32

Due to a surge in trading revenue, Castle Securities' profits soared by 70%.

Golden Ten Data on May 28, Castle Securities' profit jumped nearly 70% to $1.7 billion in the first quarter of this year, and the high-speed trading company benefited from increased financial market volatility after Trump took office. The company reported net transactional revenue of $3.4 billion for the first three months of 2025, up 45% year-over-year, according to a filing. The market maker has set record revenues and profits. The trading spree at Castle Securities, founded by billionaire Ken Griffin, mirrors the turmoil in financial markets triggered by a series of executive orders signed by Trump after his inauguration on January 20.
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TRUMP-8.07%
23:11

Financial mogul Griffin: Trump's tariffs are a tax on the American working class.

On May 8, Jin10 reported that Ken Griffin, founder and CEO of Citadel Investment, a major American hedge fund, stated that the American working class will be the first to bear the brunt of Trump's punitive tariffs on trade partners. Griffin said in an interview on Wednesday: "The tariffs hit the wallets of hardworking Americans the hardest. It's like a sales tax for Americans. This will hurt those who work hard to make a living. It is a painful regressive tax." Griffin voted for Trump in last year's U.S. election and is a major Republican donor. However, he is now criticizing Trump's trade policies, saying they could undermine America's "brand" and its government bond market.
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TRUMP-8.07%
10:58

Vancouver Mayor: Evaluating the conversion of part of the city's financial reserves into Bitcoin

On April 12, according to PRpeak, Vancouver Mayor Ken Sim recently delivered a keynote speech at an event, stating that he will continue to promote Vancouver as a Bitcoin-friendly city. He is currently waiting for a report from city government staff to confirm the integration of digital money into Vancouver's financial strategy and system, including but not limited to accepting Bitcoin for tax payments and converting a portion of the city's financial reserves into Bitcoin to maintain purchasing power and guard against the fluctuation, devaluation, and inflationary pressures of traditional currency.
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BTC-0.8%
21:58

Castle Investment founder Griffin plans to donate $1 million to Trump's inaugural fund

On December 17, Castle Investment's billionaire founder Ken Griffin plans to donate $1 million to the inauguration fund of the incoming U.S. President Trump. He had previously refused to donate to Trump's campaign during this year's election. Griffin has made similar donations before, including donations to Trump's 2017 inauguration and Biden's 2021 inauguration. "I am confident that you will see me listed as a donor for the inauguration again," he said on Monday after attending an event hosted by the Miami-Dade City Alliance.
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07:34

Vancouver integrates BTC into the municipal financial strategic proposal.

The Golden Finance reported that Vancouver has become a "BTC-friendly city" through a motion. Vancouver Mayor Ken Sim said at the city council meeting on December 11, "We are facing challenges in affordability, and I believe that BTC can address our challenges, including financial and affordability challenges."
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BTC-0.8%
09:20

Vancouver Mayor proposes to use BTC to combat Inflation

Vancouver Mayor Ken Sim urges the City Council to explore incorporating BTC into the municipal financial strategy, emphasizing the potential of cryptocurrency to enhance financial stability in turbulent legal markets. At the city council meeting on December 11th, Sim proposed a motion titled 'Maintaining Purchasing Power of the City through Financial Reserve Diversification - Becoming a BTC-Friendly City'. He believes that BTC is the 16th
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01:27

Vancouver plans to include BTC in city finances

PANews December 6th news, according to Bloomberg, against the backdrop of BTC breaking through $100,000 to reach a new all-time high, the city of Vancouver is considering incorporating BTC into its municipal financial system. The Vancouver City Council will review a proposal by Mayor Ken on December 11th.
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01:20

The mayor of Vancouver proposes to include BTC in municipal finance and create a 'BTC-friendly city'.

ChainCatcher news, according to Bloomberg, Vancouver Mayor Ken Sim will submit a proposal to the city council on December 11th to include Bitcoin in the city's financial reserves. The proposal aims to protect the city's purchasing power through a diversified investment strategy and create a 'Bitcoin-friendly city'. As an important cryptocurrency center on the Canadian West Coast, Vancouver's move may be influenced by US President-elect Trump's support for cryptocurrency policies. Ken Sim is located in BCH.
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BTC-0.8%
18:23

The mayor of Vancouver, Canada, plans to launch the "BTC-friendly city" program

The city of Vancouver, Canada, plans to add BTC to its balance sheet as part of its investment diversification. Mayor Ken Sim submitted a motion at a city council meeting to propose 'becoming a BTC-friendly city.' Whether this is in response to the consideration of establishing BTC reserves by local and federal governments in the United States is unclear yet.
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17:46

The mayor of Vancouver, Canada plans to launch the "BTC Friendly City" program.

The city of Vancouver, Canada, plans to add BTC to its balance sheet to diversify investments and maintain purchasing power. Mayor Ken Sim submitted a motion notice at the city council, which is planned to be proposed on December 11. It is unclear whether this move is related to the US government's suggestion to establish BTC reserves.
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BTC-0.8%
15:58

The election in Florida, USA is proceeding normally and the results are expected to be announced on Tuesday night.

According to Jinse Finance, as of Monday local time, 8.3 million people in Florida have voted early, with over 560,000 people voting on Tuesday morning. Florida Secretary of State Ken Detzner said that all 67 counties' election activities are proceeding normally, and polling stations will remain open until 7 p.m., with election results expected to be announced tonight. Regarding the incident of missing ballots in Miami-Dade County, Detzner said that the responsible personnel have been dismissed and emphasized strict election security measures. In addition, Detzner mentioned that an 18-year-old man was arrested for waving a machete at an early voting site, and the police quickly brought the situation under control.
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07:30

Financial tycoon Griffin predicts that Trump will win the election

Ken Griffin, founder of Citadel Investment Group, predicted at the Future Investment Initiative summit held in Saudi Arabia on Wednesday that Donald Trump will be reelected as President of the United States. Griffin said, 'The expectation today is that Donald Trump will win the White House in a matter of days. We will know soon.' Griffin also commented on the fluctuation in the market, suggesting that the election outcome will reduce uncertainty and be beneficial to asset prices. He said, 'We are in the most uncertain moment. This is a race where Trump is expected to win, but it is almost like flipping a coin.'
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00:19
Ken Griffin, CEO of Citadel Securities, said he did not choose to support former US President Trump.
01:37
Pilbara Minerals CEO Ken Brinsden: There appears to be some cutback in lithium supply.
14:08
Despite the Fed's hawkish stance, the market expects two interest rate cuts this year as there are longest signs that the U.S. economy is cooling. Data from the Chicago Mercantile exchange showed that the probability of a rate cut in September rise to 61% from 55% a week earlier, and the probability of two rate cuts before the end of the year rise from 41% to 45%. There is a 27% chance of betting on only one rate cut this year. Yesterday's CPI for May came in lower than expected, and today's PPI also came in lower than expected, while weekly jobless claims came in higher than expected. Ken Tjonasam, an analyst at Global X, said in a note: "The weaker PPI data, combined with other recent inflation data, is starting to pour cold water on the Fed's publicly cautious rhetoric. ”
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03:46

Business tycoon: Japan should target the yen-dollar Exchange Rate in the range of 120-130

The Japanese government and the Central Bank should start targeting the yen-dollar Exchange rate at 120-130 yen, which is currently too weak for struggling small and medium-sized enterprises, according to a business and industry group leader. Ken Kobayashi, chairman of the Japan Chamber of Commerce and Industry, said in an interview on Thursday that when the yen Exchange Rate against the dollar was around 150, small and medium-sized enterprises were already in a very difficult situation. Kobayashi said the range of 120 is a more appropriate Exchange Rate level for companies, providing them with greater operational flexibility. He said it would be ideal if the authorities could develop a policy to keep the yen Exchange rate within that range.
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05:44
On May 8, Ken Cheung, chief Asia forex strategist at Mizuho Bank, said in an email that the return of go long dollar Arbitrage trading has put pressure on emerging Asian coin. Arbitrage trading has returned as the Fed plans to keep Intrerest Rate higher for longer, suggesting that the dollar's interest rate differentials with other major coin remain positive.
03:06
Golden Finance reported that after BC Technology announced its restructuring, Hong Kong media disclosed that the company's former major shareholder, East Harvest, had diluted its shareholding to 29.94% after the completion of the allotment. BC Technology said that East Harvest will undergo a share restructuring, which was originally jointly owned by Gao Zhenshun, Lo Ken Bon, Madden Hugh Douglas, Chapman David James and Cheng Wan Gi, and will transfer part of its shares in BC Technology to various beneficial owners after the restructuring, and after the reorganization, East Harvest will be wholly owned by Gao Zhenshun and hold about 10.67% of BC Technology The analysis believes that this move is to pave the way for the three executive directors who have resigned to sell and withdraw in the future.
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02:50
Medtronic, a healthcare technology company, announced on Monday that it had reached an agreement with Cosmo Intelligent Medical Devices, a subsidiary of Cosmo Pharmaceuticals, to expand its partnership to apply artificial intelligence to endoscopic care, as reported by the Science and Technology Innovation Board Daily on December 11. Ken Washington, Chief Technology Officer at Medtronic, said, "The GI Genius module represents an initial milestone in this collaboration as our first FDA-approved AI product in gastrointestinal care. ”
01:12
Billionaire Ken Griffin's trading firm Citadel Securities has denied Terraform Labs' claim that Citadel Securities was behind the UST crash last May. Citadel Securities said in court filings Thursday that Terraform Labs' move was used to divert attention from its allegations, forcing people to pursue absurd conspiracy theories that not only did the time period requested irrelevant, but the theory was also baseless. Citadel asked the court to dismiss Terraform's motion for injunction and said it had only participated in two test transactions involving UST, with a total value of about $0.13, and therefore did not lead to UST de-anchoring. (CoinDesk) Earlier, Terraform Labs filed a motion with the court to require market maker Citadel Securities to "provide certain data pursuant to a third-party subpoena," saying it was "critical" to defend itself in a lawsuit filed by the SEC. The motion said Terraform Labs issued subpoenas to Citadel Securities and Citadel Enterprise Americas for transaction data "related to the May 2022 (UST) de-anchoring." Terraform noted: "Public evidence suggests that Ken Griffin, head of the Citadel entity, intends to short the token before and after the UST de-anchor in May 2022. Relevant evidence suggests that a Citadel Securities may actually be associated with the May 2022 de-anchor, although Citadel Securities publicly denied trading UST during that de-anchoring event. ” Terraform also said Nansen's data helped them find "seven so-called 'whale' traders who have the ability and determination to go long or short on an asset or financial instrument." In addition, the data also shows that "a small number of participants discovered vulnerabilities early in the UST de-anchoring".
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23:52
PANews News on October 27, according to Blockworks, Citadel Securities said in response to court documents filed by Terraform Labs earlier this month that it has nothing to do with the 2022 stablecoin UST de-anchoring.   In rebutting Terra's coercive motion filing, Citadel said Terra sought to "deflect" allegations of conspiracy with Jump Trading to "drive up asset prices." Claiming that Citadel played a role in UST de-anchoring is a ridiculous conspiracy theory, Citadel asked the court to dismiss Terraform's motion for coercion and said it had only participated in two test transactions with a total value of about $0.13 and therefore did not result in UST de-anchoring. Earlier this month, Terraform Labs filed a motion with the court asking Citadel Securities to "provide certain data pursuant to a third-party subpoena." Terraform noted that public evidence suggests that Ken Griffin, head of the Citadel entity, intends to short UST before and after the de-anchor in May 2022.
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00:45
Terraform Labs filed a motion with the court requiring market maker Citadel Securities to "provide certain data pursuant to a third-party subpoena," saying it was "critical" to defend itself in a lawsuit filed by the SEC. The motion said Terraform Labs issued subpoenas to Citadel Securities and Citadel Enterprise Americas for transaction data "related to the May 2022 (UST) de-anchoring." Terraform noted: "Public evidence suggests that Ken Griffin, head of the Citadel entity, intends to short the token before and after the UST de-anchor in May 2022. Relevant evidence suggests that a Citadel Securities may actually be associated with the May 2022 de-anchor, although Citadel Securities publicly denied trading UST during that de-anchoring event. ” Terraform also said Nansen's data helped them find "seven so-called 'whale' traders who have the ability and determination to go long or short on an asset or financial instrument." In addition, the data also shows that "a small number of participants discovered vulnerabilities early in the UST de-anchoring". (Blockworks)
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23:54
Terraform Labs filed a motion with the court to "provide certain data pursuant to a third-party subpoena," Blockworks reported, saying it was "critical" to defend itself in a lawsuit filed by the SEC. The motion said Terraform Labs issued subpoenas to Citadel Securities and Citadel Enterprise Americas for deal data "related to the May 2022 de-anchoring." Terraform noted that public evidence suggests that Ken Griffin, head of the Citadel entity, intends to short UST before and after the de-anchor in May 2022. Terraform said Nansen's data helped them find "seven so-called 'whales' who have the ability and determination to go long or short on an asset or financial instrument." In addition, the data also shows that "a small number of participants discovered vulnerabilities early in the UST de-anchoring".
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15:41
Jinse Finance reported that encryption supporter and Miami Mayor Francis Suarez confirmed on Friday that his campaign has reached the poll threshold and is eligible to participate in the first Republican presidential debate, becoming the ninth candidate who meets the criteria for taking office. Earlier this month, his campaign reached 40,000 donors after it launched a program offering gift cards in exchange for donations. The mayor has dubbed his city the "crypto capital of the world" and is active in providing financial and tech jobs. Suarez reportedly raised nearly $1 million in the first two weeks of his campaign. Two political action committees backing his campaign have raised $12 million. Suarez's biggest backer is Citadel Securities founder Ken Griffin, who moved the firm from Chicago to Miami.
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06:28

Citadel Securities to launch STRAP bond business to challenge Wall Street again

Ken Griffin's market-making magnate is poised to launch zero-coupon U.S. Treasury bond trading, expanding its presence in the world's largest fixed-income market. The introduction of principal and interest separation bond transactions this time makes Citadel Securities one step closer to its ambition of becoming a primary dealer. The Fed typically only grants primary dealer status to companies that are active in trading all types of U.S. Treasury securities.
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08:24

Meta growth is back on track, Zuckerberg mentions Metaverse again

During this week's earnings call, Meta mentioned the "metaverse" a dozen times. With the company's growth back on track, CEO Zuckerberg talked about the metaverse again, and the new Twitter competitor Threads also took up a lot of space. Wells Fargo Securities analyst Ken Gawrelski upgraded Meta to Overweight from Equal Weight. He noted that while Meta has invested heavily in its long-term Metaverse vision, the company's performance outlook remains strong.
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11:42
According to news from IT House on July 17, 20th Century Pictures released the Chinese trailer for the sci-fi movie "AI Creator" today. The film will be released overseas on September 29, and the domestic release has not yet been finalized. It is reported that the film is directed by "Star Wars Story: Rogue One" director Gareth Edwards, John David Washington, Gemma Chen, Allison Janney, Watanabe Ken, Ralph Ine Starring Sen and others, will tell the story of the struggle between humans and artificial intelligence
06:46

Dollar weakens ahead of U.S. inflation data, economists see slowing inflation

A gauge of the dollar's strength fell to a three-month low ahead of tonight's U.S. inflation data, which could reinforce bets that the Fed's tightening is nearing an end. Economists expect the data for June to show a slowdown in year-over-year growth in consumer prices, with headline data likely to fall to the weakest level since March 2021. "Expectations that the Fed is coming to an end to its rate hike cycle and U.S. CPI cooling further may strengthen bearish dollar bets. Traders may also be trimming long dollar positions in carry trades," said Mizuho Bank strategist Ken Cheung. Bullish dollar bets are losing appeal to traders amid growing signs that U.S. interest rates may be approaching a peak. "The U.S. dollar index is likely to fall and tonight's weaker-than-expected U.S. CPI will certainly be the catalyst for that," said Khoon Goh, head of Asia research at ANZ Bank in Singapore.
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01:04
According to Jinshi’s report on June 21, the website of the U.S. House of Representatives showed that Democratic Rep. Ted Liu, Anna Esh, and Republican Rep. Ken Buck jointly submitted the National Artificial Intelligence Commission Act. Meanwhile, Democratic Senator Brian Schatz is set to introduce a parallel bill in the Senate. According to the outline of the bill provided by lawmakers, the proposed "National AI Commission" will ensure that the risks and possible harm caused by artificial intelligence are mitigated through regulation, and play a leading role in establishing necessary long-term AI regulations. The committee will be responsible for providing 3 reports to Congress and the President of the United States, the first is an interim report 6 months after its establishment, which will contain urgently needed legislative proposals; the final report will be submitted 1 year after its establishment, which will contain a comprehensive legislative framework suggestion.
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16:45
Odaily Planet Daily News Encrypted venture capital firm Electric Capital has appointed Ken Deeter and Maria Shen as new general partners. (The Block)
00:56
Odaily Planet Daily News Ken Olling, founder and CEO of Cardano-based lending agreement MELD, refuted rumors about leaving the Cardano ecosystem and clarified the next important milestone of the product. According to Ken Olling, MELD is building its own Layer 1 sidechain in parallel with Cardano-based services. Currently, the team is undergoing a third-party security audit of its technical design organized by Vacuum Labs. Namely, researchers are stress testing MELD’s multisig on Cardano (ADA). Additionally, it said it will work directly with Input Output Global, one of the entities behind Cardano.
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21:51
Jinse Finance reported that Ken Olling, the founder and CEO of MELD, a lending agreement on Cardano, refuted rumors about leaving the Cardano ecosystem and clarified the next important milestone of the product. According to Ken Olling, MELD is building its own Layer 1 sidechain in parallel with Cardano-based services. Currently, the team is undergoing a third-party security audit of its technical design organized by Vacuum Labs. Namely, researchers are stress testing MELD’s multisig on Cardano (ADA). Olling also emphasized that his team works directly with Input Output Global, one of the entities behind Cardano.
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