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Category: Financial

Financial

Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%

Nasdaq-listed Bitcoin mining company PowerCompute has consolidated its three existing debt facilities totaling $18 million under a new Bitcoin-backed credit…

byUS_admin_FinanceAugust 7, 2026
Financial

Bernstein Reaffirms Outperform on TeraWulf, Sees HPC Pivot Driving Growth

Bernstein has reiterated its outperform rating on TeraWulf (NASDAQ: WULF) and maintained a $36 price target, following the company’s second-quarter…

byUS_admin_FinanceAugust 7, 2026
Financial

Guangdong free trade zone plan includes cross border digital yuan push

Guangdong has proposed expanding cross-border digital yuan payment pilots and other cross-border financial programs as part of a draft development…

byUS_admin_FinanceAugust 7, 2026
Financial

Federal Reserve bitcoin impact deepens as BTC trades 49% below its record high

The Federal Reserve left interest rates untouched on July 29, 2026, holding its target range at 3.50% to 3.75%, yet…

byUS_admin_FinanceAugust 7, 2026
Financial

Western Union’s stablecoin play: can legacy finance win the digital payments race?

Western Union launched Stablecard across 37 markets on August 4, putting its USDPT stablecoin on Solana into the hands of…

byUS_admin_FinanceAugust 7, 2026
Financial

Bernstein says Circle’s Q2 counters bearish concerns over competition, reserve income

byUS_admin_FinanceAugust 7, 2026
Financial

Short-seller called Nvidia top by not trusting Jensen Huang

Culper Research shorted Nvidia after predicting the $5 trillion AI giant might be re-routing Chinese demand for AI chips through…

byUS_admin_FinanceAugust 7, 2026
Financial

BlackRock buys up this crypto amid its Bitcoin sell-off

As BlackRock Inc. (NYSE: BLK) cryptocurrency portfolio increased by over $3.7 billion since early July to date, on-chain data suggests…

byUS_admin_FinanceAugust 7, 2026
Financial

BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification

BNY’s Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy’s infrastructure, the two firms said Aug.…

byUS_admin_FinanceAugust 7, 2026
Financial

Bernstein Keeps $140 Target on Circle After Q2 Earnings Beat Estimates

Circle received renewed support from Bernstein after reporting second-quarter results that exceeded profit expectations despite softer revenue. The research firm…

byUS_admin_FinanceAugust 7, 2026

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