Ethereum’s (CRYPTO: ETH) 45% crash from its $4,950 peak in August is more than a price correction. It reflects a deeper problem in how the network captures value now. Activity has shifted to cheaper, faster Layer 2 netw…
Commerzbank strategists note July Consumer Price Index (CPI) eased to 2.0% year-on-year, below consensus, mainly due to softer retail fuel prices. While core CPI has been gradually rising, overall price pressures are de…
Artificial intelligence data centers are hitting a power problem that has little to do with computer chips, according to a new report from Thornburg Investment Management.
Latest findings show that 88% of enterprises say they will adopt stablecoin payments within twelve months, and that 42% already have. So the window where stablecoin settlement was a competitive advantage is closing fast.
BTC slipped to around $63,500, down 0.6% over the past 24 hours. More importantly, the largest cryptocurrency remained trapped in the roughly $62,000-$66,000 range that has contained prices for much of the summer.
Standard Chartered’s Nicholas Chia reports that the Reserve Bank of Australia (RBA) kept the cash rate at 4.35% in a unanimous decision, as widely expected. Chia notes the RBA sees inflation returning to the midpoint of…
The Securities and Exchange Commission will hold an open meeting on Friday to consider whether to propose new rules that would let crypto projects raise capital without registering securities.
Bitcoin price action sank to one-week lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.
The company has bought roughly 25 times more BTC than it has sold this year, despite recent sales that challenged its long-standing accumulation strategy.
Beginning 30 July, an attacker started sweeping bitcoin from addresses generated by Coldcard, a bitcoin-only hardware wallet made by Canadian firm Coinkite. The first burst took roughly 594 BTC from around 500 wallets i…
We're lifting our price target on Cardinal Health after issuing rosy profit guidance The quarter wasn't totally clean, but strong profitability matters the most. Read at source
Brazil’s biggest bank is taking another step into tokenized assets, adding to a growing list of the country’s financial heavyweights experimenting with putting traditional investments on blockchain rails.
The single currency registers minimal losses against the Greenback on Tuesday as traders and market participants prepare for the release of the US Consumer Price Index (CPI) on Wednesday, which could set the path for th…
This week’s July CPI report looms over markets, with so much uncertainty already bubbling up under portfolios. Investors have options, however, for an outlook that sees inflation continue to resist efforts to tame it. V…
Since 2020, publicly traded technology company Strategy has spent billions buying Bitcoin. After years of its leadership saying it would never sell, the world’s largest corporate holder of Bitcoin is now selling some of…
Commerzbank’s energy team notes fading hopes for a US–Iran agreement to reopen the Strait of Hormuz, driving Brent toward USD 90 and gas oil to nearly USD 1,350 per ton. Drone attacks on refineries in Saudi Arabia, Russ…
The license allows ARP Digital to offer regulated digital asset and stablecoin conversions into UAE dirhams as it expands its Gulf presence beyond Bahrain.
GBP/USD traded at 1.3508 on Tuesday, holding near 1.3500 and extending a recovery that began at the late-June low of 1.3150. The pair sits above its 50-day moving average, testing the highs of last week's range, with 1.…
Brown Brothers Harriman’s (BBH) Elias Haddad reports the Reserve Bank of Australia (RBA) delivered a less hawkish hold, keeping rates at 4.35% and judging policy “somewhat restrictive” as the labor market has eased more…
Nasdaq’s acquisition of the third-largest US alternative trading system comes as the exchange operator expands into tokenized securities and longer trading hours.
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