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Category: Financial

Financial

US ISM Services PMI Hits 54.1: Will the Crypto Market Face More Fed Pressure?

Following the US ISM Manufacturing PMI report, today’s ISM Services PMI offers a more comprehensive view of the world’s largest…

byUS_admin_FinanceAugust 7, 2026
Financial

Situational Awareness returns with $400M investment after nearly collapsing: Report

Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, reportedly invested $400 million in a privately held…

byUS_admin_FinanceAugust 7, 2026
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

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