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Cryptocurrencies
BankChain Alliance bets banks, not crypto, own the path to on-chain money
A group of 39 state bankers associations has founded the BankChain Alliance for establishing a blockchain network wherein commercial banks will have ownership, with the hope that small banks and their clients will rely on regulatory banks for on-chain finance instead of crypto firms. The initiative raises a crucial question: will digital currency eventually circulate...Cryptopolitan
Wed, Aug 26
Stocks
Crypto Daily | Trump Family Token's Largest Investor Charged; August Bitcoin ETF Net Inflows Hit Yearly High
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsCaixin: Zhou Guren, the largest investor in the Trump family token, has been listed as a dishonest person, involved in six cases with outstanding debts amounting to...Tiger News
Wed, Aug 26
Forex
Japanese Yen strengthens on US bond buyback, traders brace for US PCE inflation report
The USD/JPY pair loses ground to near 158.90 during the Asian trading hours on Wednesday. The US Treasury’s bond buyback programs weigh on the US Dollar (USD) against the Japanese Yen (JPY).
Fxstreet
Wed, Aug 26
Cryptocurrencies
First US privacy-coin ETF lists as Grayscale’s ZCSH opens ZEC to Wall Street
Grayscale’s Zcash ETF (Ticker: ZCSH) listing began on NYSE Arca on Tuesday (August 25). According to Grayscale, ZCSH is the first ETF to provide spot access to Zcash (ZEC), thus allowing the privacy-oriented cryptocurrency to be traded through a regular brokerage account, as no regulated products have made use of it until now. Having seen...Cryptopolitan
Wed, Aug 26
Stocks
HK Movers | Xiaomi Rises Nearly 5% as New Xring Chip Launch Catalyzes Sentiment Recovery
Xiaomi stock continued to rise 4.68% in Hong Kong market. The Chinese smartphone maker on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain and reduce reliance on external chip suppliers.The in...Tiger News
Wed, Aug 26
Cryptocurrencies
Apple announces new Mac Mini and Mac Studio built for AI
Apple refreshed two of its desktop computers on Tuesday, adding its first M6-generation chip to the Mac mini and updating the Mac Studio, with both gadget lines retuned for AI tasks that run locally instead of in the cloud. Preorders opened the same day and units will ship September 22, according to Apple. $100 jump...Cryptopolitan
Wed, Aug 26
Stocks
HK Movers | Nonferrous Metal Shares Jump. Jiangxi Copper up 9%; CMOC, MMG, Zijin Mining up over 4%; China Gold Intl, Chalco up over 3%
Nonferrous metal shares jumped in Hong Kong market. Jiangxi Copper up 9%; CMOC, MMG, Zijin Mining up over 4%; China Gold Intl, Chalco up over 3%; China Hongqiao, Lingbao Gold, Zhaojin Mining up over 2%.Tiger News
Wed, Aug 26
Forex
Australian Dollar strengthens after hot CPI report; eyes multi-month high ahead of US PCE
The AUD/USD pair attracts buyers for the second straight day and climbs to the 0.7170 area following the release of Australian consumer inflation figures during the Asian session on Wednesday.
Fxstreet
Wed, Aug 26
Stocks
HK Movers | Biotech Stocks Jump. CANSINOBIO Surges 17%; Innovent Bio up 11%; Akeso up over 8%; Everest Med up 7%
Biotech stocks jumped in Hong Kong market. CANSINOBIO surged 17%; Innovent Bio up 11%; Akeso up over 8%; Everest Med up 7%.On the news front, CANSINOBIO announced on August 25 that its subsidiary CanSino Shanghai signed a strategic cooperation framework agreement with Depushi Bio for the co-developm...Tiger News
Wed, Aug 26
Cryptocurrencies
Bitcoin posts strongest weekly gain since November 2024 as market activity surges — K33
Bitcoin (BTC) has posted its strongest one-week gain since the November 2024 US presidential election, climbing 23% over the past week as spot market activity and institutional demand returned sharply, according to a Tuesday report from K33.
Fxstreet
Wed, Aug 26
Cryptocurrencies
Google launches Gemini Enterprise AI for legal firms
Google Cloud has launched previews of Gemini Enterprise for Legal, an AI system designed to help law firms and corporate legal departments give tasks like contract review, regulatory tracking, and court filing prep over to software agents. Cleary Gottlieb, Freshfields, Weil, and Williams & Connolly are the first four firms to sign on as customers...Cryptopolitan
Wed, Aug 26
Forex
Canadian Dollar weakens amid falling oil prices as USD holds steady ahead of US PCE
The USD/CAD pair edges higher during the Asian session on Wednesday, though it remains confined within the previous day’s range. Spot prices currently trade around mid-1.3800s as traders now look to the US Personal Consumption Expenditures (PCE) Price Index for some meaningful impetus.
Fxstreet
Wed, Aug 26
Economic Indicator
Canada announces 'dollar-for-dollar' retaliatory tariffs up to 50% against US
Canada said that it will implement 50% retaliatory tariffs on $20bn worth of US goods, following through on Prime Minister Mark Carney’s vow to match US President Donald Trump’s duties “dollar for dollar,” the Guardian reported.Fxstreet
Wed, Aug 26
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