Markets

Thailand Exempts Crypto Gains From Tax; Bitcoin Red Team Adopts Chinese AI
Thailand has eliminated its crypto tax to attract digital asset business, while the Bitcoin Red Team pivots to Chinese open-source AI following OpenAI restrictions.

Gold Reaches 10-Week High on Strong Chinese Demand and Bullish Momentum
Gold prices advanced to a ten-week high, supported by robust demand from China and rising market momentum.

Oil Steadies Near One-Week Highs Amid Fading US-Iran Peace Hopes
Crude prices held steady close to one-week highs as prospects for a diplomatic agreement between the United States and Iran diminished.

Judge Stays CFTC Civil Case Against US Soldier Over Prediction Markets
A New York judge has paused the Commodity Futures Trading Commission's civil case against a US soldier who allegedly made over $400,000 on prediction markets.

Oil Prices Hold Steady Following Sharp Gains on Fading Hormuz Deal Hopes
Crude benchmarks held firm after registering sharp gains driven by diminishing expectations for a diplomatic resolution in the Strait of Hormuz.

Bitwise Analyst Says Circle is Mispriced Amid Stablecoin Growth
Investor underestimate Circle's market potential as the stablecoin sector expands toward trillions and payment infrastructure develops.

Canadian Dollar Holds Near Eight-Week High Supported by Oil Gains
The Canadian dollar remained steady near an eight-week high, bolstered by strengthening oil prices.

Strategy Builds $4.75 Billion Cash Cushion Amid Investor Demand
The firm has accumulated a multi-billion dollar cash reserve after realizing traditional investors view cash differently than bitcoin.

Trump Demands Iran Compensation as Oil Grades Rise
U.S. President Donald Trump has called for compensation from Iran while international oil grades see upward movement.

TRON USDT Supply Reaches $87.9B Amid Record Q2 Activity
Messari reports record stablecoin supply and network activity on the TRON network during the second quarter, offset by declining DeFi volumes.

Soybean Futures Advance Ahead of USDA Supply and Demand Report
Soybean futures rose in anticipation of the upcoming United States Department of Agriculture supply report.

CME’s Cleared Bitcoin Options Could Redraw Institutional Risk Playbooks
The new CME Bitcoin options market brings clearing‑house rigor to crypto, but it also raises questions about liquidity, pricing and the regulatory tightrope institutions must walk.

US Farm Agency Schedules Texas Sterile Fly Facility Opening for Spring 2027
The United States Department of Agriculture announced plans to open a new sterile fly production facility in Texas by the spring of 2027.

UK Money Laundering Suspect Linked to $100M World Liberty Financial Token Purchase
A businessman associated with the UK and UAE and linked to money laundering probes reportedly bought $100 million in Trump-backed World Liberty Financial tokens.

Silver Spot vs US Dollar Rises as Markets Eye Precious Metals
Spot silver prices against the U.S. dollar experienced an upward move in recent trading sessions, drawing attention from market participants.

Coinsbuy Offers $100K Bounty Following Security Breach
Cryptocurrency platform Coinsbuy is offering a $100,000 reward following a security breach that resulted in unauthorized withdrawals.

Nigeria’s Oil Producers Meet 97% of Domestic Supply Targets
Nigerian oil producers have successfully fulfilled 97 percent of their domestic supply obligations, according to recent industry data.

US Senate Delays Vote on Crypto Market Structure Bill Until After Recess
Crypto advocates have expressed disappointment following a procedural delay by the US Senate on a major market structure bill.

BlackRock Launches Canada ETF Featuring 3% Bitcoin Allocation
BlackRock Canada has introduced the IBQT fund, combining global equities with a 3% allocation to Bitcoin via its iShares Bitcoin ETF.

Bitcoin Slips as Oil Jumps 5% Following Strait of Hormuz Setback
Bitcoin surrendered weekend gains alongside US equities after Iran dashed hopes for reopening the Strait of Hormuz, driving a sharp surge in crude prices.

Deutsche Bank Appointed as China’s First European Renminbi Clearing Bank
Deutsche Bank has been designated as the first European institution to clear renminbi transactions for China.

Grayscale Drops Plans for Cardano, Polkadot and Hedera ETFs
Asset manager Grayscale has withdrawn its proposed exchange-traded funds targeting Cardano, Polkadot, and Hedera.

Solana Lender Jupiter Launches Lend v2 to Double Capital Efficiency
Jupiter's new lending product converts deposits and borrowed assets into trading liquidity to generate higher returns.

Kazakhstan Oil Output Surges 40% Following Tengiz Field Recovery
Kazakhstan's oil production rose by 40% as operations at the Tengiz field resumed normal output levels.

Bitmine Slows ETH Purchases as Capital Shifts to Share Buybacks
Chairman Tom Lee noted that easing financial conditions could still support the cryptocurrency market despite legislative delays in the Senate.

