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News
De-Dollarization alert: China set to launch alternative global payment system
37+ min ago (824+ words) In another move that could speed up de-dollarization, China is set to launch a payment system using digital currency. According to the Financial Times, the move could “reshape cross-border transactions, reduce reliance on the dollar, and draw Beijing closer to…...
The $1 trillion market rally
1+ hour, 37+ min ago (763+ words) Us stocks are surging on Monday, as August gets off to a rip-raring start. The Nasdaq is higher by more than 2% today, and US tech stocks are the top global performers on the first trading day of August. The S…...
Crypto treasury firm ZeroStack warns of survival risk amid $82.5M loss
12+ hour, 57+ min ago (352+ words) Nasdaq-listed crypto treasury company ZeroStack warned that substantial doubt exists about its ability to continue operating over the next year, reversing its assessment from three months earlier. In a Form 10-Q filed with the US Securities and Exchange Commission (SEC)…...
Orbs launches community governance vote to establish its DAO framework
10+ hour, 58+ min ago (505+ words) FXStreet...
AI defies the disinflationary playbook: Why lower oil prices might not be enough to cool core inflation
7+ hour, 41+ min ago (654+ words) While energy prices remain under the spotlight, the Artificial Intelligence (AI) technology boom sits as a factor in the background that could complicate the inflation outlook. Hence, the Fed could face a rude awakening if lower Oil prices prove insufficient…...
The AI fight continues, Trump calls off action, Oil drops and futures jump while
9+ hour, 8+ min ago (1143+ words) Well good morning and welcome to August…… The market ended the last week of July looking mixed on the surface—but underneath, Friday was all about one thing: investors separating AI winners from AI promises. AMZN – was the undisputed star…...
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships
3+ day, 8+ hour ago (545+ words) The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard…...
The crypto market is on the defensive
3+ day, 10+ hour ago (381+ words) Ethereum Institutional, which focuses on the institutional adoption of the ETH blockchain, has attracted over 100 investors as part of an ecosystem funding round. All proceeds will go towards accelerating work with banks, asset managers and custodians to develop their products…...
Crypto’s next altseason may have fewer winners: Wintermute
3+ day, 16+ hour ago (494+ words) Crypto’s next altcoin season may produce fewer winners as institutional investors concentrate their activity in a narrower group of digital assets, according to crypto market maker Wintermute. With institutional activity concentrated in fewer tokens and fading faster after price surges,…...
Asian stocks surge, led by KOSPI on AI optimism, Wall Street gains
3+ day, 16+ hour ago (405+ words) Asian stock markets move higher on Friday, tracking overnight gains on Wall Street as a global rally in semiconductor stocks and renewed AI optimism lifted sentiment. Strong earnings from Microsoft and Amazon reinforced expectations for continued hyperscaler investment and resilient…...