Markets

The British pound (GBP) rebounded strongly against the US dollar and other major currencies after the Bank of England (BoE) hinted at maintaining higher interest rates for a prolonged period. This policy stance, aimed at combating sticky inflation, has boosted...

The FTX bankruptcy estate has sold off more than $1 billion worth of Grayscale Bitcoin Trust (GBTC) shares, marking one of the largest liquidations by the failed crypto exchange since its collapse. This move, disclosed in recent court filings, is...

In a significant regulatory crackdown, Hong Kong authorities have suspended operations of the cryptocurrency exchange JPEX after launching an investigation into allegations of fraud and unlicensed activities. The move signals the city's growing commitment to clean up its crypto sector...

At the recent G20 summit, held under India’s presidency, Prime Minister Narendra Modi notably sidestepped any mention of cryptocurrency regulation, despite growing global calls for clear frameworks and India’s rising role in the digital economy. The absence of crypto from...

In a bold move that underscores Africa’s growing role in the global crypto economy, Ethiopia has opened its Grand Ethiopian Renaissance Dam (GERD) to Bitcoin miners. This strategic decision comes in the wake of Bitcoin's recent halving, which has intensified...

In a significant shift within the global crypto landscape, Singapore has overtaken Hong Kong to claim the top spot in the latest Crypto Readiness Index 2025 published by Henley & Partners. This development positions Singapore as Asia’s most crypto-ready jurisdiction,...

Ripple Labs has unveiled its new $25 million Ripple Impact Fund, a major initiative aimed at fostering innovation and growth within the Web3 startup ecosystem. The fund is part of Ripple’s broader commitment to support decentralized finance (DeFi), blockchain innovation,...

Bitcoin remained steady at $118,000 on July 16, 2025, as the U.S. House of Representatives continued its Crypto Week discussions, bringing renewed confidence to investors. The world's largest cryptocurrency has maintained relative price stability over the last 72 hours despite...

Solana surged past the $155 mark on July 16, 2025, marking a fresh milestone for the blockchain platform as it set a new record in daily active wallets. The network recorded over 3 million active wallets in a single day,...

Ethereum remained resilient at around $3,100 on July 16, 2025, as increased adoption of Layer 2 (L2) solutions continues to drive network efficiency and investor confidence. While Ethereum's native blockchain has faced scalability challenges for years, the rapid expansion of...

Bitcoin remained relatively stable at around $118,000 on July 16, 2025, as the cryptocurrency market entered the third day of the much-anticipated "Crypto Week" in the U.S. House of Representatives. Market sentiment has largely been driven by political developments, with...

The US dollar slipped against major global currencies on Monday as investor sentiment turned cautious following dovish signals from the Federal Reserve. After months of high inflation and aggressive rate hikes, policymakers have suggested a potential pause in the tightening...

Bitcoin surged past $123,000 for the first time ever on Monday, marking a significant milestone in the crypto market’s history. This rally coincides with a series of legislative events in the United States, where the House of Representatives launched what...

Bitcoin trading remained relatively stable near the $59,000 level on 16 July 2025, following a modest rebound from intraday lows near $57,500. The bounce appears to reflect renewed inflows into U.S. spot Bitcoin ETFs, particularly from retail-focused funds eager to...

In a major development for the Asian crypto ecosystem, Thailand's SCB 10X—an investment arm of Siam Commercial Bank—has joined forces with blockchain powerhouse Animoca Brands to launch a $150 million Web3 venture fund. The announcement, made on July 15, 2025,...