U.S. Markets Wobble as Trump Imposes 30% Tariffs on EU and Mexico
Markets faced renewed volatility on July 14 as President Trump announced a sweeping 30% tariff on all imports from the European Union and Mexico, escalating global trade tensions and putting pressure on equities across major indexes. The tariffs, set to...
UK Jobs Data Sparks Rate Cut Expectations as Pound Falls
Markets in the United Kingdom reacted swiftly to a new batch of labor data released on July 14, as signs of cooling wage growth and reduced hiring momentum fueled expectations of a Bank of England rate cut. Governor Andrew Bailey...
U.S. Regulators Issue Risk Guidance on Crypto Custody
U.S. banking regulators made headlines on July 14 by issuing comprehensive guidance for banks offering crypto asset custody services, signaling a turning point in the country’s evolving regulatory framework for digital assets. The Federal Reserve, FDIC, and OCC jointly released...
Bitcoin Surges Past $123,000 on Crypto Week Catalyst
Bitcoin has once again dominated the market spotlight by pushing beyond the $123,000 mark, reflecting renewed investor optimism amid increased regulatory attention in the United States. The flagship cryptocurrency surged aggressively early Monday before retracing slightly to hover around $119,000,...
Nigeria Approves National Crypto Exchange Under New Blockchain Policy
Nigeria has officially approved the launch of its first state-backed cryptocurrency exchange, marking a major policy shift in the country’s approach to digital assets. The exchange, dubbed NigeX, will operate under the supervision of the Securities and Exchange Commission (SEC)...
USD/CHF Slides to 0.85 as Swiss Inflation Surprises to the Downside
The U.S. dollar fell sharply against the Swiss franc on Saturday, with the USD/CHF pair dropping to 0.8502, its lowest level since April 2022, after new data showed Swiss inflation cooled more than expected. The Swiss Federal Statistical Office reported...
Solana Developers Activate MEV Protection to Counter Bot Activity
Solana developers have rolled out a major upgrade aimed at curbing MEV (Maximal Extractable Value) abuse on the network, activating a new protocol-level protection mechanism designed to reduce sandwich attacks and front-running by high-frequency trading bots. The upgrade, titled 'Fair...
U.S. Treasury Warns of Crypto Mixer Crackdown in New AML Report
The U.S. Department of the Treasury has issued a stark warning regarding the use of cryptocurrency mixers, highlighting them as a growing threat to financial transparency and a priority target for future enforcement actions. In its 2025 National Anti-Money Laundering...
Ripple Launches Stablecoin in Asia With SBI Holdings Support
Ripple has officially launched its long-rumored stablecoin, marking a major strategic shift aimed at expanding its presence in the rapidly growing Asia-Pacific payments market. The U.S.-based blockchain firm announced on Saturday that it will issue the stablecoin, dubbed RippleUSD (RLUSD),...
Crypto VC Funding Hits $1.2B in July’s First Week Despite Market Dip
Despite a slight dip in overall crypto market capitalization, venture capital funding in the crypto sector hit $1.2 billion in the first week of July alone — the highest weekly total since January 2024. The surge in funding highlights a...
Aptos Gains 14% on New AI-Powered Wallet Integration
Aptos (APT) surged over 14% on Friday following the launch of a new AI-powered smart wallet, developed in collaboration with LayerZero Labs and backed by several venture capital firms. The wallet, branded Aptos Autowallet, integrates natural language processing and machine...
Pakistani Rupee Stabilizes as Central Bank Hikes Rates to 17.25%
The Pakistani rupee (PKR) stabilized on Friday after the State Bank of Pakistan (SBP) announced a surprise 50 basis point interest rate hike, raising the benchmark policy rate to 17.25%. The move, aimed at countering persistent inflationary pressures and stabilizing...
Chainlink Integrates With Swift for Global Asset Tokenization Trial
Chainlink (LINK) surged over 10% on Friday after the oracle network confirmed its latest strategic integration with SWIFT, the global interbank messaging system, to support a new tokenized asset settlement trial involving multiple financial institutions. The announcement has reignited bullish...
U.S. Launches CBDC Pilot With Major Banks, Sparking Industry Debate
The United States officially began piloting its long-anticipated central bank digital currency (CBDC) on Friday, partnering with several major banks in a limited rollout designed to test retail and wholesale functionality of a digital dollar. The project, led by the...
Binance Unveils Cross-Chain Margin Trading, BNB Spikes 9%
Binance, the world’s largest cryptocurrency exchange by volume, announced the launch of a new cross-chain margin trading feature on Friday, allowing users to borrow and trade across multiple blockchain networks using a unified wallet system. The new functionality will initially...