Swiss bank BancaStato launches regulated crypto trading with Sygnum
Swiss cantonal bank BancaStato integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps for Bitcoin and other assets.
Finance
Canadian Dollar holds gains vs soft USD as rallying oil prices counter trade risks
The USD/CAD pair remains on the defensive below the 1.4100 mark during the Asian session on Thursday amid a combination of factors. However, the lack of follow-through selling warrants caution before confirming that thi…
Australian Dollar gathers strength above 0.7000 on resilient labor data
The AUD/USD pair holds positive ground near 0.7010 during the Asian trading hours on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) following Australia’s employment data. Traders will clo…
BoJ to raise rates again by December — Reuters poll
According to a majority of economists in a Reuters poll, the Bank of Japan (BoJ) will raise its interest rate again by the end of December and possibly as soon as October, keeping further rate rises in view through next…
AFX protocol reportedly loses $24M in bridge exploit
Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure.
New Zealand Dollar strengthens above 0.5800 on RBNZ hawkish outlook
The NZD/USD pair gains ground to near 0.5820, snapping the two-day losing streak during the early European session on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on a hawkish tone from…
Australia jobs blow past expectations in June, cements bets of another rate rise
Economics is a word we are all familiar with, but knowing is different from understanding.
Ripple Backs Clarity Act as Bill Heads to Senate Vote
A big crypto bill just cleared another step. It’s called the Clarity Act, and it’s now ready for a vote in front of the whole Senate. The Clarity Act is 616 pages long. It sets rules for digital assets like Bitcoin and …
Chinese Yuan: Short-term consolidation with bullish bias against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH consolidating in the near term after recent downside moves. Their 24-hour view expects the Dollar to trade between 6.7635 and 6.7755 as down…
Why is Cathay Pacific Airways stock surging today?
The collapse of Spirit Airlines, the scrappy low-cost carrier, underscores the fragile economics of air travel amid $4-per-gallon jet fuel and high crude prices.
A cooler inflation print buys British Pound Sterling nothing but a slower decline
The Pound's week-long slide slowed to a crawl on Wednesday, and it picked an odd session to do so, because the June inflation report handed sellers their cleanest argument yet. GBP/USD tagged the 1.3350 area in early Ne…
Iran warns of ‘eye for an eye’ response if US carries out Trump’s threat
Iran’s Foreign Minister Abbas Araghchi said that Tehran would respond in kind to any attack on its infrastructure after US President Donald Trump threatened to bomb a bridge or power plant for every ship targeted in the…
Silver Price Forecast: XAG/USD bulls have the upper hand above $59.00 confluence
Silver (XAG/USD) attracts fresh buyers near the $58.25-$58.20 zone during the Asian session on Thursday, stalling the previous day's modest pullback from the $61.00 neighborhood, or an over two-week high. The white meta…
South Korean Won: AI-driven exports support KRW outlook – Commerzbank
Commerzbank highlights South Korea’s exports rising over 50% year-on-year in early July, marking a seventh month of double-digit growth, driven by semiconductors and AI-related data centre demand. The Bank of Korea (BoK…
New Zealand Dollar stalls after hotter-than-expected inflation
NZD/USD trades lower near the 0.5820 area on Wednesday, extending its recent pullback as the New Zealand Dollar (NZD) struggles to benefit from stronger-than-expected domestic inflation data.
Australian Dollar gains against Japanese Yen following employment data
AUD/JPY gains ground after recovering daily losses, trading around 114.30 during the Asian hour on Thursday. The currency cross receives support as the Australian Dollar (AUD) gains ground following the release of impro…
Senator Lummis: Ethics, other provisions in crypto Clarity Act to be further discussed
The U.S. Senate's Digital Asset Market Clarity Act draft is still open to changes on a number of big-ticket items that include its government-ethics section, Senator Cynthia Lummis, one of the lead negotiators on the bi…
Why we're sticking with Alphabet despite an imperfect quarter and more AI spending
The market isn't in a forgiving mood, but we're not in a hurry to leave this stock behind.
Crypto Hacks Surged to $763M in Q2 2026 as Operational Failures Spike
Crypto attacks in Q2 accounted for over $763M in losses, with operational vulnerabilities being the single most common attack vector.
Kraken Parent Company Makes Moves to Offer xStocks From Global Markets
Payward, the parent company of crypto exchange Kraken, teamed up with global fintech GTN on Wednesday to push xStocks outside the U.S. market for the first time.
Singapore Dollar: Downside risk persists against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer. They expect intraday consolidation between 1.2900 and 1.2…
Tesla holds bitcoin treasury steady, reports $112M impairment loss
The electric vehicle maker reported an after-tax impairment loss of $112 million on its digital asset holdings, according to its latest earnings release. Tesla has neither bought nor sold any bitcoin since 2022.
Crypto PAC pours $1M into Michigan Democratic primary race
Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.
Tesla-SpaceX merger odds now at 90%, Deepwater’s Munster says
Speculation that Elon Musk could combine privately held SpaceX with Tesla (TSLA) within a decade puts the odds at over 50%.