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Finance News — Page 137

Bitcoin Drops Below $63K as Coldcard Losses Near $89M

Bitcoin Drops Below $63K as Coldcard Losses Near $89M

Bitcoin slipped below $63,000 on Monday despite improving macro conditions driven by fresh U.S.-Iran talks, as a third wave of the Coldcard hardware wallet exploit pushed observed losses to nearly $89

CoinDesk · 2mo ago
Trump Media BTC Stash Down to Collateral Level

Trump Media BTC Stash Down to Collateral Level

Trump Media has moved 2,628 bitcoin worth about $165 million to Crypto.com, leaving wallets tied to the Truth Social parent holding roughly 4,261 BTC—nearly identical to the 4,260.73 BTC the company a

CoinDesk · 2mo ago
How do Fed rates impact the Indian markets and your money?

How do Fed rates impact the Indian markets and your money?

The US Federal Reserve's 29 July decision to hold rates at 3.50–3.75% ripples through to Indian markets, pressuring the rupee, raising borrowing costs for companies, and reshaping the outlook for bond

Mint · 2mo ago
Oil drops over 5% as Middle East tensions ebb on diplomatic efforts

Oil drops over 5% as Middle East tensions ebb on diplomatic efforts

Oil futures tumbled more than 5% in Asian trading after President Trump said he had called off a planned strike on Iran at Tehran's request, claiming the outlines of a deal had been agreed.

CNBC · 2mo ago
Korean Grads Head to Japan as Seoul Jobs Dwindle

Korean Grads Head to Japan as Seoul Jobs Dwindle

Young South Koreans are flocking to Japan-focused job fairs in Seoul as a 7% youth unemployment rate and a shortage of entry-level openings at home push them toward Japanese employers offering structu

Straits Times Asia · 2mo ago
Japan and US confirm rare joint intervention to prop up yen

Japan and US confirm rare joint intervention to prop up yen

Japan and the United States confirmed a rare coordinated yen-buying intervention to halt the Japanese currency's slide to 40-year lows, with Tokyo signaling readiness for further action and President

Al Jazeera · 2mo ago
U.S., Japan Confirm Coordinated Yen Intervention

U.S., Japan Confirm Coordinated Yen Intervention

Japan's finance ministry confirmed it conducted a coordinated yen-buying operation with the U.S. Treasury on Friday — a rare joint currency move to stem sharp yen swings — with both governments signal

CNBC · 2mo ago
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Australian Home Prices Fall 0.7% in July

Australian home prices posted their steepest monthly drop since December 2022 at 0.7% in July, with Sydney and Melbourne leading declines, as higher borrowing costs and tax uncertainty accelerated a d

Google News Business · 2mo ago
Large caps could be set for a stronger run after years of small and mid-caps outperformance: New report lists 6 reasons

Large caps could be set for a stronger run after years of small and mid-caps outperformance: New report lists 6 reasons

Axis Mutual Fund's latest 'Thinking Aloud' note argues that large-cap stocks are positioned for a stronger run after years of small- and mid-cap outperformance, citing six supporting factors while urg

Mint · 2mo ago
Why a DeFi platform ditched its consumer app to become the secret backend for tech giants

Why a DeFi platform ditched its consumer app to become the secret backend for tech giants

Spark, the Sky-affiliated DeFi lending unit, has shelved its consumer app indefinitely to become the backend infrastructure for fintechs like Robinhood and PayPal, betting a fragmenting stablecoin mar

CoinDesk · 2mo ago
No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

With all international mutual fund schemes now closed to fresh investments, a Value Research analysis identifies 15 Indian domestic equity and hybrid funds that still hold over 10% in foreign stocks,

Mint · 2mo ago
Why people are dropping out of the workforce and not looking for new jobs: 'The market wore me down'

Why people are dropping out of the workforce and not looking for new jobs: 'The market wore me down'

Labor force participation is falling sharply, with roughly 720,000 Americans leaving the workforce between May and June 2025 in the biggest prime-age drop since 1976, as mass layoffs and a competitive

CNBC · 2mo ago
Amazon, Alphabet EPS surge on Anthropic paper gains

Amazon, Alphabet EPS surge on Anthropic paper gains

Amazon reported a 242% EPS jump for Q2 with over $50 billion in paper gains from its Anthropic stake, following Alphabet's 300% EPS surge driven partly by its own Anthropic investment.

MarketWatch · 2mo ago
States Expand Student Loans as Federal Caps Take Effect

States Expand Student Loans as Federal Caps Take Effect

Several states are expanding student loan offerings in response to new federal borrowing caps that took effect July 1 under Trump's 'big beautiful bill,' but consumer advocates warn these state-backed

CNBC · 2mo ago
Gen-Alpha’s Warren Buffett, Leopold Aschenbrenner, just learned Wall Street’s oldest lesson: Chart of the Day - Yahoo Finance

Gen-Alpha’s Warren Buffett, Leopold Aschenbrenner, just learned Wall Street’s oldest lesson: Chart of the Day - Yahoo Finance

Leopold Aschenbrenner, dubbed "Gen-Alpha's Warren Buffett," saw his $45 billion AI hedge fund lose most of its value in days, prompting coverage headlined "Wall Street's oldest lesson" and "A Dire Sit

Google News Business · 2mo ago
Japan, US in First Joint Yen Intervention Since 2011

Japan, US in First Joint Yen Intervention Since 2011

Japan's Finance Minister Satsuki Katayama will announce Monday that Tokyo and Washington conducted their first joint yen-buying intervention since 2011, with BOJ data showing Japan sold as much as $58

Google News Business · 2mo ago
Hyperscalers: AI Trade Isn't Over

Hyperscalers: AI Trade Isn't Over

Seeking Alpha's read of four hyperscalers' earnings argues the AI investment cycle still has legs, even as cross-coverage highlights a split between earnings wins and rising AI costs that have Wall St

Google News Business · 2mo ago
Japan, US Coordinated Historic Yen Intervention

Japan, US Coordinated Historic Yen Intervention

Japan will announce that it and Washington took joint action on the yen, as the US Treasury carried out what the Financial Times calls a historic intervention in the yen market, with a proposal to buy

Google News Business · 2mo ago
Soldier's lawyers: Prediction market law too 'ambiguous'

Soldier's lawyers: Prediction market law too 'ambiguous'

A US soldier charged with making $400,000 on Polymarket by allegedly betting on a Maduro removal operation using insider information is pushing to dismiss the indictment, arguing the Commodity Exchang

Cointelegraph · 2mo ago
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it

Tokenized stock trading surged 288% in July, but one QQQ token drove most of it

Tokenized stock trading hit a record $11.3B in July, up 288%, but a single Binance token tracking Invesco's QQQ ETF accounted for 82% of that volume — without it, the market actually shrank roughly 30

CoinDesk · 2mo ago

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