Bitcoin Breaks Heavy Resistance—But Death Cross Looms: Analysis
Wall Street had a solid Tuesday, but Bitcoin and the rest of the crypto market finds itself on less steady ground.
Finance
Japanese Yen: Policy urgency and mixed data – BNY
BNY’s Geoff Yu highlights Japanese Prime Minister Sanae Takaichi’s warning that Japan must build a strong economy now, rejecting claims that an economic blueprint drove the JGB selloff. He notes machinery orders weaknes…
Betting on the Backbone: REX Files for AI Chipmaking ETF
Investor demand for AI chip manufacturers has surged this year. The industry is expected to reach revenues of $1.3 trillion in 2026, according to Yahoo Finance, driven by a global AI infrastructure buildout and a bottle…
DTCC moves tokenized securities into live trading, marking a milestone for Wall Street's blockchain push
The Depository Trust & Clearing Corporation (DTCC), the backbone of the U.S. securities settlement system, on Wednesday processed its first series of live production trades involving tokenized securities, marking one of…
Fed Chair Warsh: Inflation will not be permanent
Federal Reserve (Fed) Chair Kevin Warsh said on Wednesday that current inflation pressure will not be permanent, while acknowledging that the latest inflation measures remain unsatisfactory. Warsh made the remarks while…
China: Growth outlook steady with policy support – Standard Chartered
Standard Chartered economists Hunter Chan and Shuang Ding note that China’s Q2 Gross Domestic Product (GDP) growth slowed to 4.3% year-on-year, below the 4.5–5.0% target range, with domestic demand remaining soft. They …
Aave launches V4 on Avalanche, laying groundwork for tokenized credit markets
The deployment marks Aave V4’s first expansion beyond Ethereum and introduces lending infrastructure designed to support future markets for tokenized real-world assets.
Brian Coco Dives Into RANK ETF’s Analyst & Momentum Approach
Recently, TipRanks debuted its first ETF: the DefianceKSM TipRanks Analyst ETF (RANK). Constructed in collaboration with both Defiance ETFs and VettaFi, RANK offers exposure to 50 large-cap companies that are both highl…
Dow Jones Industrial Average toasts peak inflation, then drops the glass
The Dow Jones Industrial Average (DJIA) spent most of Wednesday rewarding the disinflation trade and the final two hours dismantling it. A surprise negative June wholesale inflation print at 12:30 GMT set off a grind th…
Dell leads broader AI hardware selloff as shares tumble 14%
Dell dropped 14%, HPE fell 8%, and SMCI declined 5% on no confirmed catalyst, but Dell and HPE retain massive YTD gains of 219% and 92%, respectively.
Canadian Dollar shows little reaction to Bank of Canada interest rate decision
USD/CAD trades flat on Wednesday as traders show a limited reaction to the latest Bank of Canada (BoC) monetary policy announcement. At the time of writing, the pair trades around 1.4051, hovering near a one-month low.
Huang says Vera Rubin in production, dismisses delay reports
CEO Jensen Huangsaid the company’s prediction of a $200 billion central processing unit market includes China, showing that Nvidia still anticipates strong long-term demand in one of the world’s most important AI market…
Leveraging Memory: Direxion Premiers Daily SK Hynix Bull 2X ETF
On July 15, Direxion launched the Direxion Daily SK Hynix Bull 2X ETF (SKHL), seeking to replicate double the daily performance of the South Korean semiconductor manufacturers Sk Hynix (SKHY). The fund provides leverage…
Crude Oil Inventories Fall Less Than Expected, Impacting Market Sentiment
US stock markets slid sharply Friday as President Trump announced plans for a "massive increase" in tariffs on Chinese imports. Investors woke up to a sudden drop, breaking the months-long calm in the markets. The Dow J…
British Pound rallies as soft US PPI hits US Dollar
The Pound Sterling rises by some 0.60% against the US Dollar after the latest Producer Price Index (PPI) in the US showed prices edging lower, driven by the dip in energy prices since late May. At the time of writing, t…
British Pound dips below 1.3400, turns negative on the day as US Dollar picks up
The British Pound (GBP) has retraced previous gains against the US Dollar (USD) on Wednesday, returning to the 1.3390 area from session highs of 1.3420 and turning negative on the daily chart. The safe-haven US Dollar h…
United States annual producer inflation drops to 5.5% in June vs. 6.2% expected
Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), declined to 5.5% on a yearly basis in June from 6% in May, the US Bureau of Labor Statistics (BLS) reported on Wednes…
US Dollar: Fed expectations weigh on Dollar – Commerzbank
Commerzbank’s Volkmar Baur notes that softer US inflation has reduced expectations for Federal Reserve rate hikes and pressured the US Dollar. June headline and core inflation fell more than consensus, leading markets t…
Gold eases as soft US CPI fails to dent the Fed's hawkish outlook
Gold (XAU/USD) trades on the back foot on Wednesday as the US Dollar (USD) and US Treasury yields rebound after coming under pressure on Tuesday following softer-than-expected US Consumer Price Index (CPI) data.
Japan passes crypto overhaul to bring digital assets under financial rules
Japan’s revised Financial Instruments and Exchange Act introduces crypto insider trading rules, tougher penalties and new oversight requirements for crypto businesses.
Team Behind Ethereum's Institutional Privacy Push Spins Out For-Profit Firm EthSystems
The group that spent the past year running the Ethereum Foundation's institutional privacy work has spun out to start its own company. EthSystems launched Tuesday as an independent, for-profit firm building privacy and …
Bitcoin hits $65.5K as more surprise US inflation data sparks three-week BTC price high
Bitcoin moved up to its highest levels since June 22 as US PPI inflation numbers provided the week’s second surprise macro data drop.
Norwegian Krone: Softer inflation but Norges Bank still hawkish – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad highlights broad Norwegian Krone (NOK) underperformance after Norway’s underlying inflation dropped to an 18‑month low, below Norges Bank and consensus projections. BBH doubt…
Crypto firms face AML risks during post-MiCA migration, says AMLA chair
AMLA is expanding its crypto oversight as firms complete the transition to the EU’s MiCA licensing regime.