Bitcoin traded near $62,900 on Friday afternoon, down roughly 38% from its October 2025 all-time high, as Brent crude settled above $85 and the Strait of Hormuz remained effectively closed to normal commercial traffic. By early Saturday, it had recovered to around $63,900, then traded flat throughout the EU morning. The disputed waterway normally carries […]
China’s June trade numbers and second-quarter growth numbers looked strong if you look at them one at a time. However, when you put them together, they describe an economy with a very specific problem: factories are still finding buyers abroad, especially for higher-value industrial goods, while demand at home remains too weak to absorb what
China found a $125 billion escape valve for an economy running out of momentum Read More »
Trump Media is turning Truth Social posts into a feed for traders, and prediction markets now face a timing problem. The issue is what happens after a post becomes public but before most users can see, read, and act on it. On July 17, the Financial Times reported that Trump Media discussed charging traders up
Washington just gave one of the world’s largest digital currencies a more official place in the US financial system. On July 10, Circle won final approval from the Office of the Comptroller of the Currency to open a national trust bank under federal supervision. Circle called it a major step for USDC, as the approval
On the eve of the GENIUS Act’s first anniversary, the stablecoin market holds about $310 billion, including roughly $184 billion in USDT and $73 billion in USDC. President Donald Trump signed the law on July 18, 2025, creating a federal framework with one-for-one liquid reserves, redemption rights, and monthly reserve disclosures for a market that
One year later, GENIUS Act just made stablecoins easier to sell Read More »
Bitcoin enters the weekend trading near $62,500 to $64,300, keeping the intraday low as the market’s clearest immediate threshold. That level’s defense and the behavior of Ethereum, HYPE, and the broader altcoin market present a combined test this weekend of whether Bitcoin can hold $62,500 as the rest of the market starts closing the distance.
Bitcoin must defend $62,500 as altcoins lose $8.8 billion in a week Read More »
Summary: The fourth round of JST’s buyback and burn has concluded with higher-than-expected results. A total of over 355 million JST tokens—valued at more than $34.59 million—were burned in this round, marking the highest single-round burn by value to date. On July 17, JST—the native token of TRON’s decentralized finance (DeFi) infrastructure JUST—completed its fourth
Citadel Securities, the Wall Street market maker, now has $600 million in announced strategic investments across two rival crypto exchanges, each valued at $20 billion. Crypto.com announced its $400 million deal on July 16, 2026. Previously, on Nov. 18, 2025, Kraken disclosed an executed agreement for a $200 million investment at the same valuation. Together,
Swedish Bitcoin treasury firm B Treasury Capital AB expects its new BTC PREF preference share to start trading on the Spotlight Stock Market on Monday, July 20. Investors left 47.7% of the rights offer unfilled, so the market will soon reveal what buyers are willing to pay for a new route to funding further Bitcoin
The White House placed longtime teleprompter operator Gabriel Perez on unpaid administrative leave on July 16 after ABC News reported allegations that he used advance access to President Donald Trump’s prepared remarks to earn more than $100,000 on Kalshi. Sources told the network that the alleged trading covered more than a dozen speeches over roughly
