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Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys
The value of Bitcoin declined to under $119,000 following remarks by the US Treasury Secretary indicating that no additional government acquisitions of the cryptocurrency will be m...
Read Full Article →Agreement in place for sale of Morecambe FC after weeks of chaos
The finalized deal for Morecambe FC's ownership transfer is expected to impact the club’s financial stability and investment potential following an extended period of operational u...
Read Full Article →Mysten Labs Taps Ex-Goldman Sachs Digital Assets Head Mustafa Al Niama to Lead Capital Markets Push
Mustan Al Niama’s appointment aims to enhance Mysten Labs’ ability to develop innovative financial products by leveraging tokenization, improving access to real-world asset investm...
Read Full Article →BtcTurk hack sees $48 million in crypto vanish from hot wallets
A significant cyberattack on a Turkish cryptocurrency platform led to the loss of nearly $48 million in digital assets, which were subsequently dispersed across various blockchain...
Read Full Article →Dow slips amid hotter than expected PPI inflation data
The unexpected rise in producer price inflation contributed to a weakening market sentiment, leading to a notable decline in the Dow Jones Industrial Average during early trading.
Read Full Article →Cardano price Elliott wave suggests a rally as key metric at ATH
The recent surge in Cardano’s value, combined with accelerating stablecoin adoption and technical wave analysis, indicates potential continued upward momentum in the cryptocurrency...
Read Full Article →Once bitten, twice inflated: The Bank of England’s rate cut conundrum
The Bank of England faces a complex challenge as it balances the potential economic slowdown with rising price levels, impacting borrowing costs and overall financial stability in...
Read Full Article →Bitcoin showed the path, and decentralized AI must ditch rented compute
The financial impact suggests that by 2027, most AI startups relying on leased computing resources may fail as dominant platforms gain control, while decentralized AI models are ex...
Read Full Article →Tapestry Stock Slumps as Coach, Kate Spade Parent Cuts Outlook on Tariff Costs
The company's shares declined following a revised earnings forecast that reflected increased expenses linked to import duties, impacting overall profitability expectations for the...
Read Full Article →Bullish, Deere and dLocal: Thursday's Biggest Movers
Shares of BLSH are rising steadily after their market debut, whereas Deere and dLocal are experiencing notable price fluctuations following the release of their latest quarterly re...
Read Full Article →Figment Outpaces Rivals in Ether Staking Growth, Lido's Decline Eases Dominance Concerns
The increasing participation in Ether staking by competitors alongside a reduction in Lido's market share indicates a more balanced ecosystem, potentially enhancing the overall sta...
Read Full Article →BtcTurk halts withdrawals amid suspected $48M crypto hack
BtcTurk temporarily suspended certain withdrawal functions due to a suspected cryptocurrency breach potentially involving $48 million, impacting user access to digital assets while...
Read Full Article →Tokenized Stocks Aren’t Working (Yet)
Although current blockchain-based equity trading lags behind conventional platforms, experts suggest that technological advancements may soon create valuable opportunities within t...
Read Full Article →Meet the BLS nominee who economists on the left, right, and center agree is unqualified
E.J. Antoni's appointment raises concerns across the political spectrum due to limited experience, potentially impacting the Bureau of Labor Statistics' reputation and influencing...
Read Full Article →Google clarifies that self‑custodial crypto wallets are safe on Play Store
Google's decision to allow non-custodial cryptocurrency wallets on its app marketplace preserves important financial options for users seeking direct control over their digital ass...
Read Full Article →These rural radio stations are a lifeline for their communities. Trump’s cuts threaten their future
Recent federal budget reductions have removed over one billion dollars in support for public media, causing numerous local non-commercial broadcasters to lose essential funding and...
Read Full Article →Stablecoin Payments Projected to Top $1T Annually by 2030, Market Maker Keyrock Says
According to a report by Keyrock and Bitso, increasing use by institutions, foreign exchange settlements, and international transactions are anticipated to substantially boost the...
Read Full Article →Tariffs and weak demand slash Deere’s quarterly profit by 25%
John Deere’s quarterly earnings declined significantly due to increased trade barriers, lower agricultural commodity values, and cautious purchasing behavior among farmers, prompti...
Read Full Article →The Daily: Bessent says govt won’t buy bitcoin for strategic reserve, Ethereum ICO whale sells anoth...
The government’s decision not to acquire digital currency for its strategic holdings, combined with significant sales of Ethereum by major investors, could influence market liquidi...
Read Full Article →Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour
Within a single hour, a rapid decline in Bitcoin’s valuation led to the forced closure of trading positions totaling over half a billion dollars, highlighting the market’s high vol...
Read Full Article →MetaComp executes real-time cross-border payment using CNT Carbon stablecoin
MetaComp’s use of the CNT Carbon stablecoin for real-time international transactions highlights a significant advancement in accelerating cross-border payment efficiency within reg...
Read Full Article →Ether-Led Rally Pushed Crypto Market Cap to $3.7T in July: JPMorgan
In July, strong performance in Ether, supported by high trading volumes and record ETF inflows, contributed significantly to the increase in the overall cryptocurrency market valua...
Read Full Article →Vietnam police bust billion-dollar crypto Ponzi ring behind Paynet Coin scam: Report
Authorities in Vietnam detained multiple individuals involved in a major fraudulent cryptocurrency operation that defrauded investors of billions by exploiting the Paynet Coin plat...
Read Full Article →Ethereum ETF inflows jump $729m, surpass Bitcoin ETFs
U.S.-based funds focused on Ethereum experienced a notable increase in investment, attracting $729 million in new capital, indicating heightened interest from institutional investo...
Read Full Article →Strategy and El Salvador saw massive gains as Bitcoin hit new peak
Both Strategy and El Salvador experienced substantial increases in the value of their cryptocurrency assets following Bitcoin’s latest surge to an unprecedented market valuation ex...
Read Full Article →CoinDesk 20 Performance Update: Uniswap Drops 8.2%, as Nearly All Assets Decline
Several major digital assets experienced declines this week, with Uniswap falling over 8% and Stellar decreasing by 6%, reflecting a broader downward trend across the cryptocurrenc...
Read Full Article →Google Play’s new rules now put more regulatory burden on custodial crypto wallets
The updated licensing requirements for cryptocurrency applications in the Play Store may increase operational costs and compliance responsibilities for developers, potentially affe...
Read Full Article →BTC dips, ETH surges; Which presale will shine this altcoin season?
A decline in Bitcoin’s market share below 60% has sparked increased interest in alternative cryptocurrencies, with Ethereum driving the rally and creating opportunities for emergin...
Read Full Article →Birkenstock sales step up in ‘ugly shoe summer’
Birkenstock experienced a notable rise in revenue and unit sales during the recent quarter, contributing to its financial performance exceeding forecasts despite broader market cha...
Read Full Article →Klarna’s losses worsen as provisions jump ahead of IPO
Klarna experienced a significant increase in potential loan loss reserves, which contributed to higher overall losses despite a notable rise in revenue during the second quarter ah...
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