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Cryptocurrencies
SEC probes Wall Street banks over loans tied to 67% AI hedge fund collapse
The U.S. Securities and Exchange Commission (SEC) has issued a subpoena to Goldman Sachs, JPMorgan, Citigroup, and Bank of America for their loans to Situational Awareness, the hedge fund that is focused on AI and saw its value drop by 67 percent in July. A source with knowledge of the issue provided this information to...Cryptopolitan
Tue, Aug 25
Cryptocurrencies
Standard Chartered becomes first bank to distribute Hong Kong's HKDAP stablecoin
Standard Chartered Bank (Hong Kong) said on Monday that it has become the first bank authorized to distribute HKDAP, the city’s first regulated Hong Kong dollar stablecoin. Asset managers and multinational companies that want blockchain settlement can now explore that option without leaving the banks they already use. What banks can issue HKDAP? HKDAP, short...Cryptopolitan
Tue, Aug 25
Forex
Euro gains support amid hawkish ECB expectations, subdued US Dollar
EUR/USD inches higher after posting minor losses in the previous day, trading around 1.1670 during the Asian hours on Tuesday. The pair finds support as rising oil prices, elevated bond yields, and escalating Middle East tensions drive Eurozone inflation concerns.
Fxstreet
Tue, Aug 25
Stocks
Spot Gold Touches $4,695/Oz Intraday, up 0.92%. Gold's Short-Term Ceiling Raised to $4,800 by Citi
Spot gold touches $4,695/oz intraday, up 0.92%. Citi has lifted its three-month gold price target to $4,800 per ounce, following a surge in bullion values after the U.S. Treasury announced an expanded buyback program for long-dated bonds. Analysts, including Kenny Hu, noted in a research report that...Tiger News
Tue, Aug 25
Earnings
Tuya Q2 2026 Earnings: Revenue Growth Came with Lower Gross Margin
Tuya’s Q2 2026 revenue rose 16.0% year over year to US$92.9 million, led by PaaS and smart home and robot products. Diluted net profit per ADS increased to US$0.03 from US$0.02, while net profit rose 48.0% to US$18.6 million. However, gross margin fell 2.1 percentage points to 46.3%, and operating cash flow declined to US$6.2 million from US$18.2 million. GAAP operating margin expanded to 10.0% from 1.4%, helped by lower share-based compensation.TradingKey
Mon, Aug 24
Forex
Australian Dollar falls as Iran sanctions sour risk appetite, RBA minutes eyed
The Australian Dollar began the week on a lower note, trading with a 0.28% loss against the Greenback as risk appetite soured after the US Department of the Treasury imposed sanctions on Iran-linked entities. At the time of writing, the pair trades at 0.7159Fxstreet
Mon, Aug 24
Forex
EUR/JPY Price Forecast: Bulls struggle at 187 amid intervention fears
The EUR/JPY trades horizontally on Monday as market participants remain reluctant to push the cross higher amid fears of potential intervention by Japanese authorities, even though they have remained shut following the coordinated action by the US and Japan.
Fxstreet
Mon, Aug 24
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Top News
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Market Movers
Ethereum (ETHUSD) Is down 1.22% on Sep 13: What Do On-Chain Data and Market Sentiment Show?
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XRP (XRPUSD) Is down 1.08% on Sep 13: What Do On-Chain Data and Market Sentiment Show?
4 hours ago
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