Markets
FTSE 100 Touches Record High Amid Global Technology Stock Sell-Off
London's blue-chip index reached a record 10,951 points as investors rotated capital away from semiconductor and tech stocks into broader corporate sectors.
Iran Signals Potential Strait of Hormuz Agreement, but Waterway Remains Closed
Iranian officials indicate a deal regarding the Strait of Hormuz is nearing completion, though it remains insufficient to reopen the vital shipping lane.
Oil Prices Plunge and European Markets Rally as Trump Halts Iran Strikes
Brent crude dropped 5% and equities advanced following the US president's decision to call off military strikes on Iran.
BTCPay Restricts Remote Lightning Access Following Fund Thefts
BTCPay Server restricts remote access to Lightning nodes after reported exploits drained operator funds.
Eli Lilly Sues Six Companies Over Unlawful Sales of Retatrutide
Eli Lilly takes legal action against six entities over the alleged unauthorized sale of its experimental obesity drug retatrutide.
Switzerland Updates Sanctions List Targeting Hamas and Islamic Jihad Supporters
The Swiss Federal Department of Economic Affairs has updated the ordinance annex concerning measures against supporters of Hamas and Palestinian Islamic Jihad.
Oil Profits Surge Amid Middle East Conflict as Trump Criticizes Energy Sector
Major energy companies reap heightened profits driven by conflict-related price spikes, drawing sharp political criticism.
Chinese Chipmaker CXMT Surges 466% in Shanghai Market Debut
The market debut of Chinese memory chipmaker CXMT sparked volatility across global equities, challenging the dominance of western semiconductor firms.
Canada's Dollar Expected to Hold Steady Before Modest Gains
A recent market poll indicates the Canadian dollar is positioned to remain stable in the near term ahead of anticipated modest appreciation.
Gold Heads for Best Week Since January on Soft US Payrolls
Gold prices are on track for their strongest weekly gain since late January following US jobs data that reduced expectations for Federal Reserve interest rate hikes.
US Dollar Strengthens on Safe-Haven Demand and Yields; Yen Hits 158
The US dollar firmed as safe-haven demand and rising yields supported the currency, while the Japanese yen traded near 158 following suspected intervention.
US Sanctions Dubai Crypto Exchange Over Ties to Iran's IRGC
The United States has imposed sanctions on a Dubai-based cryptocurrency exchange for allegedly aiding Iran's Islamic Revolutionary Guard Corps.
Sterling Slips Against Broadly Stronger Dollar Ahead of US Payroll Data
The British pound traded lower against the U.S. dollar as broad-based demand for the greenback rose ahead of critical payroll data.
US Spot Bitcoin ETFs Record Strongest Weekly Inflows Since April
US spot Bitcoin exchange-traded funds attracted roughly $1 billion in net inflows, marking their best weekly performance since April.
US Senate Schedules Procedural Vote on CLARITY Act for Sept. 15
The procedural move by Senator Thune puts digital asset market structure legislation back on track as lawmakers continue negotiations.
US Dollar Slips as Federal Reserve Rate Hike Bets Ease
The dollar retreated on diminished expectations of Federal Reserve rate hikes, while the Japanese yen held onto recent gains driven by suspected intervention.
Bitcoin Will Not Fall Below $60K Again, Says Nansen Founder
Nansen founder Alex Svanevik stated that Bitcoin will not drop below $60,000 again as the cryptocurrency sector matures.
Domestic Stablecoins May Increase Demand for Dollar-Backed Tokens, IMF Says
The International Monetary Fund notes that users could favor digital dollars due to liquidity, network effects, and cross-border acceptance.
Why Bearish Sentiment Persists Around the Japanese Yen
Market participants continue to maintain a bearish outlook on the Japanese yen amid ongoing economic and monetary policy factors.
US Court Grants Bybit Expedited Discovery in $1.5B North Korea Hack Tracing
A US court has ruled in favor of cryptocurrency exchange Bybit, granting expedited discovery to help trace stolen funds linked to a massive $1.5 billion hack.
Strait Reopening Outlook: Key Factors for Energy Markets
Analysts outline key variables and market indicators to monitor as global attention turns to the eventual reopening of a vital maritime chokepoint.
Tokenized Assets Expand Into Unusual Categories on Public Blockchains
From tokenized livestock and human skin to digital farts, onchain asset creation continues to encompass increasingly eccentric items.
Step App to Wind Down Operations After Four Years
Move-to-earn crypto project Step App is shutting down its services by August 21, as its native token trades near zero.
Bitcoin Miners Face Wall Street Scrutiny Over AI Strategy
While artificial intelligence infrastructure contracts grow larger and more profitable, investors increasingly demand proof of execution before boosting mining stocks.
US Senate to Vote on Crypto Clarity Bill This Week, Tim Scott Says
Senate Banking Committee head Tim Scott confirmed that the upper chamber will vote on the digital asset legislation this week.
