Exclusive: Taurus connects banks to Swift’s blockchain ledger, clients due in days
Digital asset infrastructure provider Taurus has integrated its tokenization and custody platforms with Swift’s blockchain-based ledger.
Finance
WTI Oil drops below $80 amid hopes of Hormuz reopening, US-Iran de-escalation
Crude prices extend their reversal on Wednesday, with the US benchmark West Texas Intermediate (WTI) trading at the $79.50 area as of writing, highlighting a 9% decline from last week’s highs above $87.00.
Morning Minute: LayerZero Announces ATLAS as New Settlement Engine
The market liked the news, with ZRO up 10% and jumping nearly 50% off its local bottom.
Oil Market Hot Take: Hormuz Hope Drains the War Premium From Crude
Why the next 90 days matter: From long-theoretical vulnerability to a lived reality
Students want crypto classes but learn on social media: OKX survey
A separate review found only about 28% of accredited US business schools offered blockchain courses, despite strong demand in the OKX poll.
Hungarian Forint: Recovery tied to euro entry story – ING
ING’s Chris Turner reports that the National Bank of Hungary cut its policy rate by 25bp to 5.50%, with Chief Economist Peter Virovacz seeing a 4.75% terminal rate.
Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peak
Bernstein expects Bitcoin to reclaim $125,000 by late 2026, before reaching $300,000 in 2029 under its base case, with a bull case of $500,000.
US Dollar Index: Range trade persists as data soft – DBS
DBS Group Research economist Philip Wee notes that the DXY Index’s recent recovery stalled slightly above 99 and has reverted to a 98.5–99.0 range after last week’s sell-off linked to higher US long bond yields.
India’s Russian Oil Imports Slide From Record High as Supply Tightens
Russia’s fossil fuel export revenues have fallen since the sanctions were implemented, subsequently constricting Putin’s ability to fund his full-scale invasion of Ukraine. However, much more should be done to limit Rus…
Gold Is Moving Back Toward the Pre-Buyback Setup
Spot gold trades at $4,481.29 per troy ounce, down 0.81% on the session after failing at $4,510–$4,515 during Asian hours. The COMEX front-month contract sits at $4,537.00, off $8.30 or 0.18%, having printed $4,550.80 o…
Oil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait Reopening
Crude futures slid roughly 2% on Wednesday, compounding the prior session's decline, as renewed optimism emerged that the Strait of Hormuz might reopen following Iran's announcement that it had renewed discussions with …
EUR/JPY Price Forecast: Tests nine-day EMA confluence support near 185.00
EUR/JPY depreciates after registering modest gains, trading around 185.60 during the European hours on Wednesday. The technical analysis of a daily chart indicates that the currency cross is remaining within the ascendi…
Hormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary Corridor
After months of disruption to one of the world's most important energy corridors, Iran and Oman are discussing a temporary shipping route through the Strait of Hormuz while the United States says the international shipp…
Kalshi’s $1.5B equity offering is three-quarters sold at $1.12B
The Form D lists 71 investors and says Kalshi is relying on an exemption that allows certain private offerings without SEC registration.
Haidilao shares jump as delivery growth and new restaurant brands boost outlook
Shares of Chinese hotpot chain Haidilao International rose 7% in Hong Kong on Wednesday, after the company's first-half results revealed delivery revenue more than doubled.
Digital Euro Will Offer 'Maximum Level of Privacy,' ECB Board Member Says
Piero Cipollone said the Eurosystem would not be able to link individuals to transactions, though the banks handling them still could.
Revolut Launches Euro-Backed Stablecoin
Amid the growing evolution of the broad crypto ecosystem, renowned fintech firm Revolut has joined the long list of companies issuing stablecoins.
Revolut rolls out euro stablecoin in 3 European markets
The Bridge-issued EURR token will support multiple blockchains and external wallets, with wider EEA availability expected this year.
Bitcoin’s Failed Breakouts Are Becoming Hard to Ignore
Bitcoin’s (CRYPTO: BTC) latest rally attempt is running into an unexpected wall; the U.S. bond market. While crypto traders focused on ETF flows, institutional adoption, and the recent progress of the CLARITY Act in Was…
Gold Price Forecast: XAU/USD corrects to near $4,620 in countdown to US PCE Inflation data
Gold price (XAU/USD) is down 0.75% to near $4,620 during the European trading session on Wednesday. The precious metal corrects as the rally pauses after posting a fresh three-month high at $4,697 the previous day, with…
Japanese Yen: BoJ hike expectations support JPY against US Dollar – MUFG
MUFG’s Derek Halpenny notes the Japanese Yen is firmer versus most G10 currencies as markets increasingly price a Bank of Japan rate hike in September. Services PPI data and hawkish commentary from former BoJ officials …
Here’s When and How Bitcoin Price Will Hit $100K
Bitcoin (BTC) has made a strong recovery after the recent $5 billion short squeeze, but Charles Edwards, founder of Capriole Investments in an interview with John Gillen said the next big move for BTC will depend on wha…
Rates Outlook: An Uneasy Calm
The Federal Reserve's interest rate lift-off in December did little to disturb the uneasy calm that had reigned in financial markets in late 2015. But the new year had a turbulent start, featuring one of the worst stock…
Roman Storm's Tornado Cash Retrial Pushed to April 2027
Judge Katherine Polk Failla adjourned the retrial by more than six months, with Storm's motion for acquittal still undecided.