Tanger CEO says World Cup drove up traffic, sales this summer
Tanger CEO Stephen Yalof said the store operator saw traffic increase in June and July due to international and domestic tourism tied to the World Cup.
Finance
British Pound: Range trade holds ahead of Q2 GDP against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the British Pound (GBP) is slightly firmer versus the US Dollar (USD), with modestly better PMIs but a fading fundamental backdrop as 2-year spreads give back g…
Gold rallies as Iran-US deal seems closer ahead of NFP
Gold (XAU/USD) price surges to its highest level in nearly seven weeks, gaining nearly 3.80% on Wednesday as the Greenback loses ground and US Treasury yields fail to gain traction. The XAU/USD pair trades at $4,232, it…
Western Union brings stablecoin remittances to Visa network with Stablecard
The remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominated savings in volatile economies.
Marex invests in Digital Prime to expand institutional crypto lending
The undisclosed investment will support the development of Tokenet, a digital asset lending platform, as institutional demand for crypto infrastructure continues to grow.
Circle Taps Visa, Mastercard and BlackRock as Validators for September Arc Launch
Circle's USDC distribution deal with Coinbase has been renewed on existing terms, and Arc's testnet has processed half a billion transactions.
We're increasing our Eli Lilly price target after another beat-and-raise quarter
The strength of its GLP-1 business suggests the stock still has more room to run.
CLARITY Act News: What’s Really Blocking a Vote Before August Recess
The post CLARITY Act News: What’s Really Blocking a Vote Before August Recess appeared first on Coinpedia Fintech News
What the Coldcard Incident Actually Broke, and What It Left Standing
A line of firmware written in 2021 emptied thousands of Bitcoin wallets this summer. Cold storage worked exactly as designed. The failure happened earlier, in the quietest layer of the system.
RTX Utility Expands As Remittix Markets Officially Launches Perps Trading
The post RTX Utility Expands As Remittix Markets Officially Launches Perps Trading appeared first on Coinpedia Fintech News
Cloud & E-Commerce Gains Lift OGIG in July
Cloud stocks fueled July gains for the O’Shares Global Internet Giants Index, the benchmark behind the ALPS O’Shares Global Internet Giants ETF (OGIG). The index climbed 5.1% for the month, according to attribution data…
Visa Widens Stablecoin Payouts via Zerohash Rails
Visa is expanding its stablecoin payment offerings through an arrangement with crypto infrastructure provider Zerohash, allowing eligible Visa Direct clients to prefund accounts and send payouts using stablecoins.
Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow
The latest U.S. congressional primary elections this week saw another unusual setback for the crypto industry's largest campaign fund when incumbent Representative Shri Thanedar got shut down by progressive challenger D…
Swiss Franc gains as US economic data disappoints and Fed hike bets weaken
The Swiss Franc (CHF) strengthens against the US Dollar (USD) on Wednesday as weaker-than-expected US economic data pressures the Greenback, while traders closely follow efforts to reopen the Strait of Hormuz. At the ti…
Non-U.S. Tech Growth Outpaces U.S., Thornburg Says
International technology companies are on track to deliver faster earnings growth than their U.S. counterparts through 2028. Key Takeaways: Non-U.S. tech earnings could grow 58% annually through 2028, versus 35% for U.S…
Crypto-backed Michigan House incumbent loses primary despite $2M PAC support
A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incumbent Shri Thanedar.
Services PMI Surpasses Expectations, Signals Economic Strength
The latest US manufacturing data has delivered a mixed picture of the American industrial sector, with one key survey showing stronger-than-expected factory activity while another indicates that the pace of growth may b…
If China Stocks Are Back in Style, CWEB Can Surge
The recent initial public offering (IPO) of semiconductor manufacturer CXMT enriched insiders and early investors at that China tech company. It could also serve to renew interest in other China growth stocks. If that p…
US private payrolls increase moderately in July, ADP says
Economists expect a pullback from a big hiring jump in May, but still good news for the job market.
Crypto may have institutionalized, but it still trades like a rumor mill
The defining story of this crypto cycle is institutionalization. Spot ETFs, derivatives, corporate treasuries, custody by regulated banks, stablecoins and tokenization of RWA, and a maturing rulebook have pulled the new…
Indian Rupee: RBI stance and inflows support Rupee – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports USD/INR is firmer after recently testing a one‑month low, following the Reserve Bank of India’s (RBI) unanimous decision to keep its policy rate at 5.25% and maintain…
Uniswap (UNI) Price Analysis Today: Key Support, Resistance, and Bullish Outlook
Uniswap price maintains a bullish market structure within an ascending channel, with buyers defending higher lows despite facing strong resistance near $4.00.
Why Is SpaceX Stock Crashing Today? $109B Share Unlock Sparks 12% Drop
SpaceX shares fell over 12% despite reporting 92% year-over-year revenue growth.
RedotPay Responds as Binance Lawsuit Overshadows CNBC Fintech Recognition
The post RedotPay Responds as Binance Lawsuit Overshadows CNBC Fintech Recognition appeared first on Coinpedia Fintech News