Business / Finance
UK economy faces recession if strait of Hormuz remains closed, EY warns - as it happened
Rolling coverage of the latest economic and financial newsThe yen has hit its highest level in three months after Japan and the US launched a combined operation to support the Jap…
Circle slides after Morgan Stanley downgrade, cut in price target
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.
Bernstein sees another leg lower for crypto markets if Clarity Act stalls
The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.
BlackRock expands tokenized cash with new blockchain-based money market offerings
Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.
Tom Lee's Bitmine bought more ether, added to stock buyback last week
Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals.
Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.
Oil prices plunge and Europe’s markets rally after Trump calls off Iran strikes
Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resumeCrude oil prices fell sharply while stocks and government bonds rallied on Monday af…
Bitget set to exit Japan, close all remaining positions by year-end
The crypto trading platform, ranked fifth on CoinGecko, stopped accepting new registrations on Sunday and plans to shut down all remaining positions by Dec. 31.
Solo Bitcoin miner nets $200,000 as Coldcard hardware wallet drains rocks sentiment
Your day-ahead look for Aug. 3, 2026
Bitcoin, ether decline as Coldcard exploit enters a fifth day
Nevertheless, the drop in crypto prices seems restrained given the magnitude of losses in the wallet hack and the erosion of confidence in cold storage.
Bithumb now targets 2028 IP after major internal restructuring
The South Korean crypto trading platform plans to see a preliminary listing review in 2027, but did not identify a proposed listing venue yet.
Live updates: Traders say bitcoin sell-off from $65,000 points to thin volume, not panic selling
ARP Digital’s Yusuf Fakhro said bitcoin’s weakness reflects stalled participation more than forced selling, with ETF flows turning negative, CME open interest back at 2023 levels …
The bitcoin futures yield collapse: Once over 20%, now less than Treasury notes
Bitcoin futures’ once-rich carry has evaporated, with quarterly basis yields trailing two‑year U.S. Treasuries since February, a sign of shrinking arbitrage and a maturing market.
Robinhood wins UK crypto registration before new regulatory regime kicks off
Robinhood’s U.K. arm was added to the FCA's list of registered cryptoasset companies as of July 31.
Coldcard wallet losses may near $114 million as possible fourth sweep emerges
The pending transactions signal replace-by-fee, so anyone who spots their address in the mempool has minutes to pay a higher fee and move funds first.
U.S. Jobs, Circle, Galaxy, American Bitcoin earnings: Crypto Week Ahead
Your look at what's coming in the week starting Aug. 3
Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market
Oil and Treasury yields fell after fresh U.S.-Iran talks eased inflation fears, but bitcoin and ether failed to catch a bid as fresh Coldcard-linked sweeps pushed observed losses …
Trump Media’s bitcoin stash may be down to loan collateral after $165 million BTC move
Wallets tied to the Truth Social parent now hold about as much bitcoin as the company previously pledged as note collateral, making its next 10-Q the key test of whether recent Cr…
Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average
Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200-week moving average, a key long-term support level that the cryptocurrency has historically respected.
New Spider-Man film sees second-biggest ever global opening weekend
The strong box office performance gives a boost to Disney ahead of the much-anticipated Avengers: Doomsday.
Almost £200,000 of fuel stolen from UK forecourts every day since Iran war began
Incidents of fuel being taken without payment have risen by a fifth in five months, according to industry analysis.
The change that may help you get a mortgage as a first-time buyer
More relaxed mortgage regulation opens the door for some first-time buyers, but it comes with risk.
Counting down the days: State of Crypto
The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of Clarity is one of those …
Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.