Interactive Brokers leads $104 million funding round for Zerohash

Morgan Stanley is set to enhance its offerings by introducing cryptocurrency trading on the E*Trade platform through a partnership with Zerohash. This move is significant as it reflects the growing acceptance of digital currencies in mainstream finance, allowing more investors to access crypto markets easily. With this integration, Morgan Stanley aims to attract a broader clientele interested in diversifying their portfolios with cryptocurrencies.

Zerohash, a rapidly expanding startup in the crypto and stablecoin space, has successfully raised $104 million in a funding round led by Interactive Brokers. This significant investment, which also saw participation from major players like Morgan Stanley, SoFi, and Jump Crypto, highlights the growing interest and confidence in the cryptocurrency market. The funds will likely help Zerohash enhance its offerings and expand its reach, making it a key player in the evolving financial landscape.

Amazon's decision to close its UK grocery stores is a significant shift in its retail strategy, as it plans to convert five of its 19 locations into Whole Foods stores. This move highlights the challenges Amazon faces in the competitive grocery market and raises questions about its future in physical retail in the UK.

Mike Novogratz, the founder and CEO of Galaxy Digital, recently shared his optimistic view on the stock market, describing it as being in a 'euphoric moment.' He believes this could signify the final phase of a prolonged bull market. Novogratz also noted that while cryptocurrencies have experienced significant gains in recent months, the current market pullback is likely just temporary. His insights, shared on Bloomberg Crypto, highlight the ongoing excitement and potential in both stock and crypto markets, making it a crucial time for investors.

The global economy is facing significant challenges this year due to tariff uncertainties that are expected to slow down growth. As countries grapple with trade tensions and fluctuating policies, businesses are becoming cautious, which could lead to reduced investments and consumer spending. This situation matters because it not only affects international trade but also has the potential to impact job creation and economic stability worldwide.

In a bold move, Trump is urging the European Union to halt its purchases of oil and gas from Russia, a step that could significantly impact global energy dynamics. This push comes amid rising tensions and concerns over energy dependence on Russia, highlighting the importance of energy security in Europe. By advocating for this change, Trump aims to strengthen the EU's energy independence and reduce reliance on Russian resources, which could lead to a more stable geopolitical landscape.

An airline has announced the cancellation of all inbound flights for a 36-hour period, starting from the evening of September 23 until the morning of September 25. This disruption is significant as it affects numerous travelers and could lead to further complications in travel plans, highlighting the challenges faced by the airline industry.

Major automakers are urging the Environmental Protection Agency (EPA) to relax tailpipe emissions regulations, arguing that current standards are too stringent and could hinder their ability to innovate and compete. This push comes amid ongoing debates about climate change and environmental responsibility, raising concerns about the potential impact on air quality and public health. The outcome of this request could significantly influence the automotive industry and its commitment to sustainability.