Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
By Gregor Stuart HunterStocks jumped at the start of trading in Asia on Wednesday as investors took cues from a rebound in U.S. markets, shrugging off climbing oil prices as Houthi rebels threatened to open a front in the widening Middle East conflict.MSCI's broadest index of Asia-Pacific shares out
Movement Labs, the developer behind the Movement Ethereum layer-2 blockchain, has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware, according to court records.The petition was filed July 15 under Subchapter V, a streamlined reorganization process for
Crypto trade association The Digital Chamber is taking Illinois to court over its decision to pass a law imposing a 0.2% tax on digital asset transactions, a move that has become highly controversial in crypto circles.On Tuesday, the organization filed a complaint in a circuit court in Illinois accu
Newly approved ethics language signed by President Donald Trump would prohibit federal officials from issuing cryptocurrencies, and would put the Justice Department in charge of enforcing it, not states, which could become a sore spot in trying to pass broader cryptocurrency legislation.Talk of the
Movement Labs, the original core development company behind the Movement blockchain, filed for Chapter 11 bankruptcy earlier this month in the U.S. Bankruptcy Court for the District of Delaware, according to a post that surfaced on Tuesday.In the filing, posted on July 15, the company reported asset
By George Glover and Kit NortonThe artificial-intelligence trade was back on Tuesday as Wall Street shrugged off fears a slew of cheap Chinese chatbots would put an end to the chip and memory spending boom. Investors will get earnings this week from Alphabet, Tesla, and International Business Machin
Bitcoin (BTC) built on gains at Tuesday’s Wall Street open as crypto echoed resilient US stock markets.Key points:BTC price action approached $67,000 despite new geopolitical and macroeconomic pressures.Neither the US-Iran war nor proposed international trade tariffs were able to disrupt risk-asset
By George Glover and Kit NortonThe artificial-intelligence trade appeared to be back on Tuesday as Wall Street shrugged off fears that a slew of cheap Chinese chatbots would put an end to the chip and memory spending boom. Investors will get big earnings from Alphabet, Tesla, and International Busin
Telegram plans to bring a non-custodial crypto wallet to its roughly 1 billion users this summer, the company's CEO said Tuesday.CEO and founder Pavel Durov posted an announcement in Telegram, saying the company will initiate the "largest rollout of a non-custodial crypto wallet in human history."Du
Ostium Halts Trading After $18M Oracle Key BreachArbitrum-based perpetuals exchange Ostium has suspended trading after an $18.4 million exploit tied to a compromised off-chain oracle key, highlighting again how vulnerable trading venues can be when price infrastructure fails.The attack did not appea
Coinbase posted a concise post-mortem on Tuesday explaining the cause behind an approximately 50-minute, platform-wide outage that occurred last week.The disruption, running from 12:37 PM ET to about 1:25 PM ET on July 14, knocked out retail and institutional trading, deposits and withdrawals, Coinb
Researchers at the Bank for International Settlements (BIS) found that dollar-backed stablecoins are creating a new form of “digital dollarization” that appears largely unaffected by capital controls, particularly in emerging markets.The new study suggests governments may have less ability to curb s