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Category: Financial

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
Financial

DePIN Project Vangrid Secures $9M in Seed Funding to Build 3D Data Network

Vangrid, a decentralized physical infrastructure network (DePIN) project, has raised $9 million in seed funding, as reported by The Block.…

byUS_admin_FinanceAugust 7, 2026
Financial

Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects

Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4…

byUS_admin_FinanceAugust 7, 2026
Financial

Iran & Oman Set to Issue Joint Statement on Temporary Hormuz Transit Corridor, Oil Price Relief?

Iran and Oman have agreed on geographic coordinates for a temporary shipping corridor through the Strait of Hormuz, with a…

byUS_admin_FinanceAugust 7, 2026
Financial

Block’s spending rise despite 40% workforce cut leaves analysts weighing growth prospects

byUS_admin_FinanceAugust 7, 2026
Financial

CFTC chief backs innovation in $1.2 quadrillion derivatives market

CFTC Chairman Michael Selig said regulators must give financial innovation room to lead as the global derivatives market enters a…

byUS_admin_FinanceAugust 7, 2026
Financial

Strategy’s Saylor Claims ChatGPT Fueled $15B Financial Breakthrough

Speaking with Steven Bartlett on The Diary of a CEO podcast, the Strategy executive chairman described AI as a tool…

byUS_admin_FinanceAugust 7, 2026
Financial

Jim Cramer Is Selling His Bitcoin Over Quantum Threat—Crypto Twitter Is Thrilled

In brief Jim Cramer says he is selling his Bitcoin after IBM CEO Arvind Krishna told him to get “paranoid”…

byUS_admin_FinanceAugust 6, 2026
Financial

Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record

Bitcoin ($BTC) stayed wedged at $64,000 on Wednesday’s Wall Street open as gold hit six-week highs. Key points: Gold analysis…

byUS_admin_FinanceAugust 6, 2026

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