News linked to both this project and an event.
According to an official announcement from Bullish, Bullish (NYSE: BLSH) and diversified global financial services platform Marex Group Limited (NASDAQ: MRX) have announced a partnership. Marex will officially gain access to the Bullish platform, covering multiple product categories including spot, options, perpetual futures, and term futures. The firm will arrange block trades via electronic and voice execution to provide liquidity support for its OTC derivatives and structured products businesses. Marex currently serves over 3,400 active clients, with operations spanning crypto-backed financing, OTC trading, market making and clearing, wealth management, and structured investments. This collaboration integrates Marex's global infrastructure with Bullish's regulated market infrastructure to meet the growing demand from institutional investors for digital asset trading solutions that comply with traditional finance standards. Bullish's trading volume in the first half of 2026 has surpassed $300 billion, with open interest reaching a record high of over $6 billion.
Peter Schiff (@PeterSchiff) posted that Bitcoin rallied significantly yesterday, driven by Strategy's latest round of Bitcoin purchases and subsequent bullish remarks from Michael Saylor, who claimed that the Clarity Act's failure to pass into law is actually a net positive for Bitcoin. In response, Schiff sarcastically noted that Saylor would offer a similarly bullish interpretation regardless of whether the bill succeeded, questioning the obvious "self-serving" motives behind his comments.
Odaily reports: Tom Lee, Chairman of Ethereum treasury company Bitmine, stated that ETH has multiple bullish catalysts in the coming months, laying the foundation for an expected surge in institutional buying of cryptocurrencies in the final months of 2026. These include the scheduled CLARITY Act vote in mid-September, South Korean investors re-entering crypto assets and rotating from AI stocks into the crypto market, and the "four-year cycle" pattern.Tom Lee further noted that the ETH/BTC ratio has risen to its highest level since January 30 of this year, breaking above the trendline formed since the pandemic-era peak and establishing a new uptrend. This reflects Ethereum's strengthening position as settlement infrastructure for Wall Street asset tokenization, while the market is increasingly recognizing that Ethereum may play a key role in the Agentic AI space. (PRNewswire)
According to Chaoxiang Research, JPMorgan’s September 6, 2026 research report highlights four reasons supporting a bullish stance on US equities despite heightened volatility in interest rates, exchange rates, and oil prices: strong growth (GDP and EPS forecasts continue to be raised), interest rates are not too high (rising yields reflect economic expansion rather than monetary tightening), the US favors a weak dollar policy, and hedge fund positioning remains neutral to light. August nonfarm payrolls added 162,000 jobs, far exceeding expectations; however, whether to hike rates in September hinges on the September 11 CPI data, with JPMorgan projecting core CPI to rise 0.21% month-over-month. The MSCI World Index has gained 12% year-to-date, while the 10-year US Treasury yield has climbed by only 60 basis points, and earnings growth is currently absorbing valuations.
Odaily News UBS has raised its S&P 500 index target, projecting a target of 8,100 points by December 2026 and further increasing to 8,400 points by June 2027, citing strong corporate earnings growth and sustained economic resilience.UBS expects S&P 500 companies' earnings per share (EPS) to reach $350 in 2026 and $400 in 2027, driven primarily by performance in the technology, semiconductor, and energy sectors.The bank continues to hold a positive outlook on U.S. economic resilience, the Federal Reserve's patient policy stance, and the accelerating adoption of artificial intelligence, believing there is still room for the current bull market to extend.However, UBS also flagged potential risks, including rising oil prices, resurgent inflation, and AI investment returns falling short of expectations, which could weigh on market valuations and upward momentum.
Odaily News – Geoff Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin (BTC) could rise to $100,000 by the end of 2026 as the U.S. Treasury expands liquidity support for the long-term bond market.In a recent client report, Kendrick noted that Bitcoin's current key technical resistance level is $65,500. If the price breaks through this level, it could signal that the cyclical low for this market cycle has already formed. He suggested investors begin positioning for a Bitcoin rally to $100,000 by year-end. Kendrick stated that beyond the four-year cycle pattern for Bitcoin, which suggests the market may be nearing a bottom, the U.S. Treasury's recent announcement to expand long-term bond buybacks is also a significant catalyst.The U.S. Treasury plans to raise the cap on buyback operations for 10- to 20-year and 20- to 30-year Treasury bonds from $2 billion to at least $4 billion per operation. The expanded program is scheduled to be implemented from September 9 to November 4. Following the announcement, yields on long-term U.S. Treasuries notably declined, easing the pressure that the significant sell-off in the bond market had placed on financial markets.Kendrick believes the Treasury's expanded bond buybacks represent a "favorable environment for Bitcoin," as Bitcoin has previously benefited multiple times from government liquidity interventions, while its fixed supply mechanism gives it properties that hedge against currency debasement. In the market, Bitcoin rose over 6% on Wednesday, briefly approaching $69,000, marking its highest level since early June. Kendrick has previously been repeatedly bullish on Bitcoin's long-term trajectory, arguing that as global fiscal pressures increase and monetary policy trends toward easing, Bitcoin may enter a new long-term upward cycle. (Cointelegraph)
According to Odaily, renowned crypto KOL Ansem stated that institutional funds are turning bullish on the market. For example, billionaire Stanley Druckenmiller has bought HYPE, Robinhood has launched its own L2, and hedge fund giant Paul Tudor Jones has increased his Bitcoin holdings. Meanwhile, the crypto regulatory environment has improved significantly, but crypto-native investors remain broadly extremely pessimistic. Ansem believes that the coexistence of institutional bullishness, regulatory improvement, and extreme pessimism within the market constitutes the typical conditions for a market bottom formation.
According to Odaily, Patrick Witt, the White House's chief crypto advisor, stated that despite ongoing controversies surrounding stablecoin yields and conflicts of interest involving Trump's crypto holdings, he remains optimistic that the Clarity Act will ultimately become law.Speaking at the SALT annual conference in Wyoming on Tuesday, Witt noted that lawmakers are currently in the August recess and are expected to return to Washington in mid-September. Senate Majority Leader John Thune has scheduled a procedural vote on the bill for September 15.Witt said the White House will sit down with Democrats to discuss points of disagreement and work to secure solid votes by September 15. He expressed that he is "genuinely optimistic and bullish" on the bill.The Clarity Act, spanning over 600 pages, aims to establish a comprehensive federal regulatory framework for the U.S. crypto industry, but has faced multiple setbacks over the past few months. Key disputes currently include how to treat stablecoin yields, as well as Democratic concerns over conflicts of interest involving Trump and his family's crypto business ventures.Overall, the September 15 vote will be a critical juncture for whether the Clarity Act can continue to advance. While the White House is attempting to send positive signals, the bill still requires bipartisan support, particularly in reaching compromises on issues such as stablecoins, ethics provisions, and regulatory division of labor.
According to Bloomberg, the latest Bank of America (BofA) fund manager survey shows that investors are continuing to increase their exposure to US equity assets, with bullish sentiment rising to a near five-year high and the number of bearish investors in the market significantly decreasing. Data disclosed by the team led by Bank of America strategist Michael Hartnett indicates that a net 56% of fund managers are overweight on stocks, the highest level since November 2021, while the investor cash allocation ratio has dropped to a "very low" 3.5%.
According to Bullish's official announcement, Bullish (NYSE: BLSH) released its financial report for the second quarter of 2026. Q2 digital asset sales reached $32.6 billion, with a net loss of $280 million; adjusted revenue was $92.6 million, and adjusted EBITDA was $29.5 million; subscription and services revenue reached a record $62.7 million, up 62% year-over-year. In addition, the Equiniti acquisition is expected to be completed in early 2027; the company has received approval from the GFSC, becoming one of the first fully regulated venues to offer issuer-supported secondary trading of tokenized securities. On the same day, Bullish tokenized stocks were traded on the Bullish exchange for the first time, and settled in USD stablecoins.
Odaily Planet Daily: Crypto asset trading platform Bullish has announced its financial results for Q2 2026. The company stated that as global securities markets gradually migrate to public blockchains, Bullish is planning to build a comprehensive issuer-supported tokenized securities service system covering issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, valued at nearly $300 trillion, is transitioning to public blockchains, and Bullish aims to work with issuers to drive this process. Upon completion of the proposed acquisition of Equiniti, the company will form an integrated platform covering tokenized securities issuance, listing, trading, and tracking.Financial data shows that Bullish's Q2 digital asset sales reached $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance improved. Q2 adjusted revenue (non-IFRS) reached $92.6 million, up 62% year-over-year from $57 million in the same period last year; among which subscription, services, and other revenue hit a record $62.7 million. Adjusted trading revenue was $29.9 million, up 24% year-over-year; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of UK fintech company Equiniti is progressing and is expected to be completed in early 2027, subject to customary conditions including regulatory approvals. Additionally, Bullish's CoinDesk indices continue to gain institutional adoption. Morgan Stanley has launched Bitcoin, Ethereum, and Solana-related trading products based on CoinDesk benchmark indices, attracting over $400 million in inflows during Q2.On the regulatory front, Bullish has received approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year 2026 guidance, projecting subscription, services, and other revenue (non-IFRS) of $225 million to $245 million, adjusted operating expenses of $225 million to $230 million, and financing costs of $52 million to $60 million. (Globenewswire)
According to Odaily, Randi Abernethy, Head of Clearing and Group Risk at Bullish, stated that the U.S. Senate's failure to pass the Digital Asset Market Clarity Act (CLARITY Act) does not mean the digital asset market will stop developing; rather, it highlights the necessity of establishing a federal regulatory framework.Abernethy noted that during the Senate's consideration of the CLARITY Act, traditional U.S. financial institutions have continued to accelerate their entry into the on-chain market. JPMorgan Chase has explored tokenized ETF holdings through a production pilot with the Depository Trust & Clearing Corporation (DTCC), and more than 50 institutions (including BlackRock and Goldman Sachs) are also participating in the development of tokenized stock and Treasury bond infrastructure. The current regulatory discussion is no longer just a "crypto industry issue," but one that concerns the future infrastructure of the entire financial system.Abernethy cited the 2008 financial crisis as an example, noting that financial risk spreads along shared infrastructure, and even institutions not directly involved in related assets can be affected. Today, the stablecoin market size has exceeded $100 billion, with a large portion of stablecoin reserves invested in U.S. Treasuries. If a major stablecoin were to face a crisis, it could impact liquidity in traditional financial markets. She stated that supporters of the CLARITY Act believe the bill could establish a unified regulatory framework for the digital asset market, including core investor protection mechanisms such as customer asset segregation, conflict of interest management, capital requirements, and information disclosure. (CoinDesk)
one year after the US House of Representatives passed the CLARITY Act, the bill has still not moved forward in the Senate. On July 17, House members held a hearing at Federal Hall National Memorial in New York to discuss how the bill could establish clearer rules for the digital asset market. House Majority Whip Tom Emmer stated that nearly 80 Democrats joined Republicans in passing the CLARITY Act, but the Senate has yet to make measurable progress. Participants in the hearing included representatives from Nova Labs, Bullish, WisdomTree, and Coin Center. House Financial Services Committee Chairman French Hill noted that even with the GENIUS Act and dollar-backed stablecoin laws in place, without a market structure bill, the digital asset ecosystem still lacks the rule system needed to support its operation. Senator Cynthia Lummis said on July 14 that the Senate version of the CLARITY Act is ready, and the text of the bill will be released within days.
Odaily, July 5th - The cryptocurrency market continued its stabilization trend, with Bitcoin rising nearly 7% in the week ending July 5th, recording its strongest weekly performance since March. This rally was primarily fueled by declining inflation expectations. The breakeven inflation rate, a measure of market inflation expectations, has dropped notably recently. The two-year indicator has fallen below 2%, approaching the Federal Reserve's inflation target level, while long-term inflation expectations have also weakened. Meanwhile, WTI crude oil prices have fallen in tandem with inflation expectations, returning to levels close to those seen before the geopolitical conflicts in February, prompting the market to reassess inflation pressures, interest rate cut expectations, and the dollar's trajectory.Some analysts suggest that if the US Dollar Index (DXY) weakens, it could further lower resistance for Bitcoin’s upward movement, as the two typically exhibit a negative correlation. However, other viewpoints caution that services inflation remains sticky, and falling oil prices do not necessarily imply a reversal of the overall inflation trend. Monetary policy may continue to maintain a "higher for longer" stance.The next key milestone for the market is the US June CPI data due on July 14th, which could serve as a crucial catalyst for determining the inflation path and the direction of risk assets. (CoinDesk)
According to the latest report from investment bank Jefferies, the U.S. "Clarity Act," although having passed a bipartisan 15:9 vote in the Senate Banking Committee, still faces significant hurdles in the subsequent legislative process. Political uncertainty may exacerbate crypto market volatility in the coming weeks. The bill aims to clarify the regulatory boundary for digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and is considered a core legislative framework for the U.S. crypto market structure. Jefferies pointed out that passage would significantly boost institutional participation, while delays would prolong regulatory uncertainty.Currently, Polymarket data shows that the probability of the bill passing before the end of 2026 has dropped to 48%, a significant decline from 70% in mid-May, primarily due to disputes over ethical clauses, anti-money-laundering reviews, and a tight Senate agenda. Analysts note that with approximately only 20 legislative days remaining before Congress adjourns in August, it must complete the reconciliation of House and Senate versions, procedural votes, and submission to the President for signature. If it fails to advance before the recess, it may be delayed until next year, or even further postponed due to changes in the election cycle.Jefferies believes that if the bill is enacted, it will drive the expansion of businesses such as tokenized assets, custody, staking, lending, and crypto ETFs, benefiting the development of markets like Bitcoin (BTC) and Ethereum (ETH). However, if delayed, it could suppress institutional investment in on-chain infrastructure and crypto-related IPOs.Additionally, the market expects policy uncertainty to continue affecting the stock performance of crypto-related public companies such as Circle, Coinbase, and Bullish. Jefferies added that even as regulations gradually clarify, intensified competition in the stablecoin space could become a long-term source of pressure for companies like Circle. (CoinDesk)
According to CoinDesk, at the “Perp DEX Explosion: Bullish Volumes and Bear Market Resilience” panel at Consensus Miami, several industry insiders stated that institutional investors are still largely avoiding decentralized exchanges offering perpetual futures (Perp DEXs). Veteran trader Wizard of SoHo pointed out that Drift’s recent multi-million-dollar hack highlights security vulnerabilities in the DeFi ecosystem, making secure onboarding of institutional capital a core competitive focus for major Perp DEXs. Anderson of Canary Labs expressed concern about DeFi’s current security posture, noting that large institutions face significantly greater challenges adopting decentralized exchanges compared to centralized platforms. Additionally, the structural tension between DeFi’s permissionless, open design and institutions’ stringent KYC compliance requirements is seen as a key barrier to scaling adoption. Michaël van de Poppe, founder of MN Fund, shared his views on AI-powered trading tools, stating that AI agents represent an evolutionary extension of algorithmic trading—and that trading will increasingly become fully automated.
according to The Wall Street Journal, crypto trading platform Bullish will acquire stock transfer agency Equiniti for $4.2 billion (including debt). The acquisition of Equiniti is expected to close in January next year, pending regulatory approval. Equiniti serves nearly 3,000 listed companies, including Berkshire Hathaway and Moody's.
According to The Block, cryptocurrency exchange Bullish announced on Tuesday that it will acquire global transfer agent Equiniti from private equity firm Siris for $4.2 billion, aiming to integrate its tokenization infrastructure with a compliant shareholder services company that processes $500 billion in payments annually.
Ripple has announced a further deepening of its long-term partnership with Bullish, a digital asset trading platform for institutional investors. The two parties will open Bullish's options market to Ripple Prime users.According to the agreement, institutional clients of Ripple Prime will gain direct access to Bullish's regulated Bitcoin options market, which is reportedly the second-largest trading market by open interest for crypto-settled BTC options. The offering also covers products such as spot, perpetual swaps, and futures contracts. Additionally, both parties stated that the stablecoin Ripple USD (RLUSD) will be used as a settlement and trading instrument in Bullish options trading, further enhancing institutional trading efficiency. (Crowdfundinsider)