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ADP Employment Change in the US for the week ending on May 2nd showed a weekly variation of 42,250 people, compared to the previous value of 33,000 people.

47 minutes ago

May 19 – U.S. ADP Nonfarm Employment Change for the week ended May 2 was reported at 42,250, up from the prior reading of 33,000. (FXStreet)
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Robinhood has launched VVV spot trading.

Per an official announcement, Robinhood launched VVV spot trading on May 19th.

13 minutes ago

Kuark Capital Launches $400 Million Asia Tech-themed Hedge Fund

HONG KONG, May 19 (Reuters) – A Hong Kong-based fund management firm is planning to launch a new hedge fund to tap into surging investor demand for Asian artificial intelligence stocks, with a specific focus on Greater China, Taiwan and Japan, three sources with direct knowledge of the matter told Reuters. Led by Kyle Su, Kuark Capital has already raised at least $400 million in pre-launch capital for the new fund, the sources added. All three insiders spoke on condition of anonymity, as they were not authorized to discuss the plans publicly with the media.

13 minutes ago

Pump.fun will introduce a USDC trading pair for the newly issued token on May 21st.

May 19: Solana-based token launch platform Pump.fun is rolling out a USDC trading pair for all new token listings starting May 21, a major pivot from its long-standing Solana-only model. Since going live in January 2024, the platform has cumulatively locked up roughly 5.07 million SOL (valued at around $4.3 billion) as tokens move to liquidity pools—an update projected to significantly impact Solana’s broader economic structure.

13 minutes ago

Strive Invests $30.3 Million to Increase Bitcoin Holdings to 382 Coins

On May 19th, Strive CEO Matt Cole revealed on social media that he boosted his bitcoin position by roughly $30.3 million to purchase 382 bitcoins at an average price of around $79,348 per BTC, bringing his total bitcoin holdings to 15,391 coins.

13 minutes ago

US Stock Futures: Storage Sector Weakened Pre-market, SanDisk Down Over 3%

May 19th: According to Bitget’s market data, the US storage sector weakened in pre-market trading, with Micron Technology (MU) declining 2.5%, SanDisk (SNDK) dropping 3.3%, Western Digital (WDC) falling 3.85%, and Seagate Technology (STX) decreasing 3.22%.

13 minutes ago

Securities and Futures Commission (SFC) Warns Against Scams Claiming Investor Compensation Fund Claims

**MAY 19 – Hong Kong Securities and Futures Commission (SFC) Advisory** The Hong Kong Securities and Futures Commission (SFC) is urging the public to stay highly vigilant against a sophisticated scam that misuses the Investor Compensation Fund (ICF), a fraud that often leaves victims with additional financial losses. The SFC says it has recently received reports of scammers targeting people who already suffered investment losses—most likely from scams run by the same criminal syndicate. These fraudsters falsely tell victims they are eligible to recover their money via the ICF. In these schemes, scammers usually pretend to be SFC officials or legal professionals. They claim victims must pay an extra "deposit" or "fee" to get their "refund" from the Compensation Fund, a trick that has already fooled many people into falling for this secondary fraud. If you have any doubts about someone claiming to arrange compensation for your investment losses, contact the Investor Compensat

13 minutes ago