RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg
Stablecoin payments company RedotPay delayed a planned $1 billion U.S. IPO to deal with legal issues, Bloomberg reported Friday, citing people familiar with the decision.
Finance
SEC cancels key crypto regulatory meeting
The SEC canceled a meeting on proposed crypto offering rules after the Senate left for recess without voting on the CLARITY Act.
Why Bitcoin Failed to Rally After CPI & PPI—Will the Correction Extend to $60,000?
The post Why Bitcoin Failed to Rally After CPI & PPI—Will the Correction Extend to $60,000? appeared first on Coinpedia Fintech News
SEC Crypto Rules Delayed: What It Means for XRP, HBAR and XLM
The SECâs expected crypto rules has been pushed back, adding another twist to the U.S. regulatory picture for digital assets. The agency canceled its August 14 meeting, which was expected to consider a proposal for a …
Sterling today: Pound rises as dollar weakens on dovish Fed expectations
The Pound Sterling (GBP) trades lower against its major currency peers, falls 0.2% to near 1.3420 against the US Dollar (US) on Thursday, following the release of the United Kingdom (UK) monthly Gross Domestic Product (…
Federal Reserve: RMP pause and QT timing – TD Securities
TD Securities’ Gennadiy Goldberg and Molly Brooks analyze the Federal Reserve’s decision to halt Reserve Management Purchases (RMP) after tapering from $40bn to $10bn per month. They argue the pause reflects soft money …
Evernorth Amends Nasdaq Terms to Reflect XRP Treasury Value
Evernorth Holdings has amended its planned Nasdaq listing terms to better reflect the value of its XRP treasury. The company will replace the previous $2.36 XRP reference price with XRP’s volume-weighted average price c…
EUR/USD Starting to Look Cheap
EURUSD EUR/USD is starting to sketch out something interesting on the weekly chart - a potential Head and Shoulders reversal pattern. This is one of those classic setups traders love, but here’s the catch: it’s not conf…
Trezor Data Breach Exposes Personal Details of Nearly 14,000 Crypto Users
The post Trezor Data Breach Exposes Personal Details of Nearly 14,000 Crypto Users appeared first on Coinpedia Fintech News
Gemini Reports $107.7M Q2 Loss as Revenue Rises 37%
Crypto exchange Gemini reported a $107.7 million net loss in Q2 2026, marking its fourth consecutive quarterly loss. Revenue rose 37% year over year to $45.5 million, helped by growth in services, credit card and stakin…
Bitcoin Falls 49% From Peak, But Miners Show No Sign of Capitulation
Bitcoin (BTC) has lost nearly half its value from its October 2025 peak, but the networkâs mining power has declined much less sharply. According to Bitcoin analyst Axel Adler Jr., miners are facing tighter economics …
XRP Price Today: Whales Accumulate 72 Million XRP As Price Falls
XRP price is hovering around $1, but whale activity is giving the market a different story. While the token just recorded its weakest daily close since November 2024, large holders are continuing to accumulate, raising …
United States Dollar Index softens below 100.00 as softer PPI dampens Fed hike odds
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.90 in the Asian trading hours on Friday. The DXY weakens following cool…
SEC Delays Tokenization Exemption as CLARITY Act Talks Take Priority
The post SEC Delays Tokenization Exemption as CLARITY Act Talks Take Priority appeared first on Coinpedia Fintech News
Neutrl pauses NUSD redemptions over undisclosed reserve issue
BA Labs had previously classified a proposed NUSD integration as higher risk because of its counterparty, operational and liquidity exposure.
New Zealand Dollar recovers from two-week low as fading Fed hike bets undermine USD
The NZD/USD pair is seen building on the previous day's bounce from the 0.5820 region, or a two-week low, and gaining some positive traction during the Asian session on Friday. Spot prices climbed back above 0.5850 in t…
Figure reports $4.3B in loan marketplace volume as profit nearly triples
Figure expects consumer loan marketplace volume to range from $4.8 billion to $5.2 billion in the third quarter.
Canadian Dollar strengthens despite subdued oil prices
USD/CAD loses ground for the second successive day, trading around 1.3920 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) declines following a softer-than-expected US inflation report. Mark…
Ethereum Foundation pivots away from Poseidon in post-quantum plan
The Ethereum Foundation is moving away from the Poseidon hash function in its planned post-quantum architecture, according to researcher Justin Drake.
Anthropic's AI Agents Started a Virtual War. The Chat Logs Are Unhinged
Anthropic's own AI agents turned on each other and proved they like to go rogue—again.
Australian Dollar declines despite RBA rate hike warning
AUD/USD edges lower for the third successive day, trading around 0.7060 during the Asian hours on Friday. Reserve Bank of Australia (RBA) Assistant Governor Chris Kent stated on Thursday that recent interest rate hikes …
Japanese Yen strengthens as soft US PPI tempers Fed outlook
The USD/JPY pair loses traction to near 159.45 during the Asian trading hours on Friday. Softer US inflation reports and fears of currency intervention weigh on the US Dollar (USD) against the Japanese Yen (JPY). Trader…
Latvia issues air threat alert, Finland restricts air and sea traffic
Latvian officials announced the activation of an air threat alert in the southeastern part of the country, near the border with Russia and Belarus, Reuters reported on Friday. It was also reported that fighter jets from…
AI Infrastructure Firm Nebius Spikes: Get Exposure in THNQ
The AI revolution continues to drive market headlines, with a widening cast of companies carrying the banner of AI agents, infrastructure, and possibilities. Nebius Group N.V. (NBIS) surged this week following a notable…